Appian Corp’s filing revealed 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 $232.82 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 $231.01 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 2.97% to $29.86. Over the last five days, the stock has gained 6.30%. Appian Corp shares have risen nearly 0.34% since the year began. Nevertheless, the stocks have fallen -9.46% 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 29.15, which if violated will result in even more drops to 28.43. On the upside, there is a resistance level at 30.41. A further resistance level may holdings at 30.95.
How much short interest is there in Appian Corp?
A steep rise in short interest was recorded in Appian Corp stocks on 2025-06-13, dropping by -0.49 million shares to a total of 2.49 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 2.98 million shares. There was a decline of -19.73%, which implies that there is a negative sentiment for the stock.
