Selling Buzz: Appian Corp [APPN] 10% Owner Abdiel Capital Advisors, LP sells 764,995 shares of the company

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Appian Corp shares valued at $22,845,673 were sold by Abdiel Capital Advisors, LP on Aug 07 ’25. At $29.86 per share, Abdiel Capital Advisors, LP sold 764,995 shares. The insider’s holdings dropped to 4,535,812 shares worth approximately $134.76 million following the completion of this transaction.

Also, Abdiel Capital Advisors, LP sold 289,528 shares, netting a total of over 8,428,384 in proceeds. Following the sale of shares at $29.11 each, the insider now holds 4,246,284 shares.

Before that, Abdiel Capital Advisors, LP had sold 3,316 shares from its account. In a trade valued at $92,450, the 10% Owner traded Appian Corp shares for $27.88 each. Upon closing the transaction, the insider’s holdings decreased to 3,316 shares, worth approximately $157.49 million.

As of January 06, 2025, Scotiabank has initiated its “Sector perform” rating for APPN. Earlier on August 02, 2024, KeyBanc Capital Markets downgraded its rating. Their new recommendation was “a Sector weight” for APPN stock which previously was a “an Overweight”.

Analyzing APPN Stock Performance

On last trading session, Appian Corp [NASDAQ: APPN] rose 5.35% to $29.71. The stock’s lowest price that day was $27.97, but it reached a high of $29.73 in the same session. During the last five days, there has been a surge of approximately 10.24%. Over the course of the year, Appian Corp shares have jumped approximately 5.24%. 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 28.54, which, if violated, would cause prices to drop to 27.38. In the upper region, resistance lies at 30.30. The next price resistance is at 30.90. RSI (Relative Strength Index) is 53.97 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 2025-07-31 dropping by -0.33 million shares to 2.85 million. Data from Yahoo Finance shows that the short interest on 2025-06-30 was 3.19 million shares. A decline of -11.68% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 3.64 of the overall float, the days-to-cover ratio (short ratio) decline to 3.64.

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 31.21% from the previous closing price of $28.2. 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.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.