Appian Corp (APPN) Major Shareholder Acquires $107,683.84 in Stock
Appian Corp (NASDAQ:APPN) major shareholder Abdiel Capital Management, Llc purchased 5,258 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The shares were purchased at an average cost of $20.48 per share, for a total transaction of $107,683.84. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Abdiel Capital Management, Llc also recently made the following trade(s):
- On Monday, October 23rd, Abdiel Capital Management, Llc purchased 23,443 shares of Appian stock. The shares were purchased at an average cost of $22.24 per share, for a total transaction of $521,372.32.
- On Monday, September 25th, Abdiel Capital Management, Llc purchased 28,600 shares of Appian stock. The shares were purchased at an average cost of $22.14 per share, for a total transaction of $633,204.00.
Shares of Appian Corp (NASDAQ APPN) traded up $0.06 during mid-day trading on Thursday, reaching $21.20. 117,100 shares of the company’s stock traded hands, compared to its average volume of 258,616. Appian Corp has a 52 week low of $14.60 and a 52 week high of $28.65.
Several equities research analysts recently issued reports on the stock. KeyCorp reaffirmed a “hold” rating on shares of Appian in a research note on Monday, September 18th. Canaccord Genuity lifted their price target on shares of Appian from $19.00 to $22.00 and gave the stock a “hold” rating in a research note on Monday, October 30th. Zacks Investment Research raised shares of Appian from a “hold” rating to a “buy” rating and set a $30.00 price objective for the company in a report on Wednesday, September 13th. SunTrust Banks assumed coverage on shares of Appian in a report on Tuesday, November 21st. They set a “buy” rating and a $28.00 price objective for the company. Finally, William Blair assumed coverage on shares of Appian in a report on Monday, November 27th. They set an “outperform” rating for the company. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Appian presently has an average rating of “Hold” and a consensus price target of $22.00.
TRADEMARK VIOLATION NOTICE: This report was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this report on another site, it was stolen and republished in violation of U.S. and international copyright and trademark legislation. The original version of this report can be accessed at https://www.thecerbatgem.com/2017/12/07/appian-corp-appn-major-shareholder-acquires-107683-84-in-stock.html.
Appian Company Profile
Appian Corporation provides a low-code software development platform as a service that enables organizations to develop applications. Through Company’s platform, organizations can design, build and implement, enterprise-grade custom applications. Decision makers can reimagine their products, services, processes and customer interactions.
Receive News & Stock Ratings for Appian Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Appian Corp and related stocks with our FREE daily email newsletter.