The price of Appian Corp (NASDAQ:APPN) shares last traded on Wall Street rose 0.50% to $30.12.
APPN stock price is now -1.09% away from the 50-day moving average and -8.69% away from the 200-day moving average. The market capitalization of the company currently stands at $2.24B.
On January 06, 2025, Scotiabank recently initiated its ‘Sector Perform’ rating on the stock quoting a target price of $37, while ‘KeyBanc Capital Markets’ rates the stock as ‘Sector Weight’
In other news, Abdiel Capital Advisors, LP, 10% Owner sold 56,500 shares of the company’s stock on Jun 09 ’25. The stock was sold for $1,810,975 at an average price of $32.05. Upon completion of the transaction, the 10% Owner now directly owns 7,796,941 shares in the company, valued at $234.84 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 10 ’25, 10% Owner Abdiel Capital Advisors, LP sold 50,000 shares of the business’s stock. A total of $1,579,500 was realized by selling the stock at an average price of $31.59. This leaves the insider owning 7,746,941 shares of the company worth $233.34 million. A total of 47.65% of the company’s stock is owned by insiders.
During the past 12 months, Appian Corp has had a low of $24.00 and a high of $43.33.
The net profit margin was -9.55% and return on equity was -936.62% for APPN. The company reported revenue of $166.43 million for the quarter, compared to $149.84 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 11.07 percent.
