Appian Corp’s filing revealed that its Director Biddle Albert G.W. III unloaded Company’s shares for reported $32878.0 on Feb 24 ’25. In the deal valued at $33.21 per share,990 shares were sold. As a result of this transaction, Biddle Albert G.W. III now holds 29,348 shares worth roughly $0.87 million.
Then, McCarthy William D. sold 700 shares, generating $27,146 in total proceeds. Upon selling the shares at $38.78, the Director now owns 7,966 shares.
Before that, McCarthy William D. bought 700 shares. Appian Corp shares valued at $26,495 were divested by the Director at a price of $37.85 per share.
A number of analysts have revised their coverage, including Scotiabank’s analysts, who began to cover the stock in early January with a ‘”a Sector perform”‘ rating. KeyBanc Capital Markets also remained covering APPN and has decreased its forecast on August 02, 2024 with a “Sector weight” recommendation from previously “an Overweight” rating. William Blair revised its rating on August 01, 2024. It rated APPN as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of APPN
On Monday, Appian Corp [NASDAQ:APPN] saw its stock fall -1.26% to $29.80. Over the last five days, the stock has lost -2.55%. Appian Corp shares have fallen nearly -9.64% since the year began. Nevertheless, the stocks have fallen -16.99% over the past one year. While a 52-week high of $43.33 was reached on 02/19/25, a 52-week low of $26.28 was recorded on 03/13/25. SMA at 50 days reached $33.20, while 200 days put it at $33.23.
Levels Of Support And Resistance For APPN Stock
The 24-hour chart illustrates a support level at 29.47, which if violated will result in even more drops to 29.15. On the upside, there is a resistance level at 30.22. A further resistance level may holdings at 30.65. The Relative Strength Index (RSI) on the 14-day chart is 39.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.82%. Stochastics %K at 15.91% indicates the stock is a buying.
How much short interest is there in Appian Corp?
A steep rise in short interest was recorded in Appian Corp stocks on 2025-02-28, growing by 85301.0 shares to a total of 1.67 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.58 million shares. There was a rise of 5.12%, which implies that there is a positive sentiment for the stock.
