The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Appian Corp shares valued at $6,212,224 were sold by Abdiel Capital Advisors, LP on Jul 07 ’25. At $30.97 per share, Abdiel Capital Advisors, LP sold 200,587 shares. The insider’s holdings dropped to 7,303,988 shares worth approximately $228.03 million following the completion of this transaction.
Also, Abdiel Capital Advisors, LP sold 75,598 shares, netting a total of over 2,363,902 in proceeds. Following the sale of shares at $31.27 each, the insider now holds 7,228,390 shares.
Before that, Abdiel Capital Advisors, LP had sold 25,194 shares from its account. In a trade valued at $767,193, the 10% Owner traded Appian Corp shares for $30.45 each. Upon closing the transaction, the insider’s holdings decreased to 25,194 shares, worth approximately $234.29 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] plunged -0.26% to $31.22. The stock’s lowest price that day was $30.77, but it reached a high of $31.355 in the same session. During the last five days, there has been a surge of approximately 2.50%. Over the course of the year, Appian Corp shares have jumped approximately 0.42%. 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 30.88, which, if violated, would cause prices to drop to 30.53. In the upper region, resistance lies at 31.46. The next price resistance is at 31.70. RSI (Relative Strength Index) is 56.86 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 2025-06-13 dropping by -0.49 million shares to 2.49 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 2.98 million shares. A decline of -19.73% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.53 of the overall float, the days-to-cover ratio (short ratio) decline to 4.53.
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 18.21% from the previous closing price of $31.3. 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.
