Appian Corp’s recently made public that its 10% Owner Abdiel Capital Advisors, LP unloaded Company’s shares for reported $1.81 million on Jun 09 ’25. In the deal valued at $32.05 per share,56,500 shares were sold. As a result of this transaction, Abdiel Capital Advisors, LP now holds 7,796,941 shares worth roughly $237.34 million.
Then, Abdiel Capital Advisors, LP sold 50,000 shares, generating $1,579,500 in total proceeds. Upon selling the shares at $31.59, the 10% Owner now owns 7,746,941 shares.
Before that, Abdiel Capital Advisors, LP sold 10,450 shares. Appian Corp shares valued at $328,652 were divested by the 10% Owner at a price of $31.45 per share. As a result of the transaction, Abdiel Capital Advisors, LP now holds 7,736,491 shares, worth roughly $235.5 million.
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 jump 3.33% to $30.44. Over the last five days, the stock has lost -4.67%. Appian Corp shares have fallen nearly -7.70% since the year began. Nevertheless, the stocks have risen 3.96% over the past one year. While a 52-week high of $43.33 was reached on 02/19/25, a 52-week low of $24.00 was recorded on 04/07/25.
Levels Of Support And Resistance For APPN Stock
The 24-hour chart illustrates a support level at 29.76, which if violated will result in even more drops to 29.09. On the upside, there is a resistance level at 30.80. A further resistance level may holdings at 31.17.
