Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Appian Corp shares valued at $1,810,975 were sold by Abdiel Capital Advisors, LP on Jun 09 ’25. At $32.05 per share, Abdiel Capital Advisors, LP sold 56,500 shares. The insider’s holdings dropped to 7,796,941 shares worth approximately $234.84 million following the completion of this transaction.
Also, Abdiel Capital Advisors, LP sold 50,000 shares, netting a total of over 1,579,500 in proceeds. Following the sale of shares at $31.59 each, the insider now holds 7,746,941 shares.
Before that, Abdiel Capital Advisors, LP had sold 10,450 shares from its account. In a trade valued at $328,652, the 10% Owner traded Appian Corp shares for $31.45 each. Upon closing the transaction, the insider’s holdings decreased to 10,450 shares, worth approximately $233.02 million.
Analysts at Scotiabank started covering the stock with ‘”a Sector perform”‘ outlook in a report released in early January. As of August 02, 2024, KeyBanc Capital Markets has decreased its “an Overweight” rating to a “Sector weight” for APPN. Earlier on August 01, 2024, William Blair downgraded its rating. Their new recommendation was “a Mkt perform” for APPN stock which previously was a “an Outperform”.
Analyzing APPN Stock Performance
On last trading session,, Appian Corp [NASDAQ: APPN] rose 0.50% to $30.12. The stock’s lowest price that day was $29.8068, but it reached a high of $30.54 in the same session. During the last five days, there has been a drop of approximately -3.12%. Over the course of the year, Appian Corp shares have dropped approximately -8.67%. Shares of the company reached a 52-week high of $41.05 on 02/19/25 and a 52-week low of $24.00 on 04/07/25.
Support And Resistance Levels for Appian Corp (APPN)
According to the 24-hour chart, there is a support level at 29.76, which, if violated, would cause prices to drop to 29.40. In the upper region, resistance lies at 30.52. The next price resistance is at 30.93. RSI (Relative Strength Index) is 43.09 on the 14-day chart, showing neutral technical sentiment.
Is Appian Corp subject to short interest?
Stocks of Appian Corp saw a sharp steep in short interest on 2025-05-30 dropping by -0.6 million shares to 2.59 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 3.19 million shares. A decline of -23.27% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.18 of the overall float, the days-to-cover ratio (short ratio) decline to 4.18.
Which companies own the most shares of Appian Corp (APPN)?
In terms of Appian Corp share price expectations, FactSet research, analysts set an average price target of 37 in the next 12 months, up nearly 23.46% from the previous closing price of $29.97. Analysts anticipate Appian Corp stock to reach 77 by 2025, with the lowest price target being 29. In spite of this, 7 analysts ranked Appian Corp stock as Buy at the end of 2025. On July 31, 2024, DA Davidson assigned a price target of “a Neutral” to the stock and downgraded coverage with a $33.
