Appian Corp (NASDAQ:APPN) insider Robert Charles Kramer sold 10,000 shares of the business’s stock in a transaction dated Tuesday, November 6th. The stock was sold at an average price of $27.05, for a total value of $270,500.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Robert Charles Kramer also recently made the following trade(s):

  • On Monday, October 1st, Robert Charles Kramer sold 3,500 shares of Appian stock. The stock was sold at an average price of $30.61, for a total value of $107,135.00.
  • On Thursday, August 23rd, Robert Charles Kramer sold 25,000 shares of Appian stock. The stock was sold at an average price of $34.78, for a total value of $869,500.00.

Shares of APPN opened at $25.98 on Friday. Appian Corp has a fifty-two week low of $19.62 and a fifty-two week high of $43.61.

Appian (NASDAQ:APPN) last issued its earnings results on Thursday, November 1st. The company reported ($0.13) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.05. The company had revenue of $54.95 million for the quarter, compared to the consensus estimate of $49.73 million. Appian had a negative return on equity of 85.70% and a negative net margin of 19.54%. The firm’s quarterly revenue was up 23.1% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.08) EPS. As a group, equities analysts anticipate that Appian Corp will post -0.77 EPS for the current year.

APPN has been the topic of several recent analyst reports. Barclays boosted their price objective on Appian from $28.00 to $29.00 and gave the stock an “underweight” rating in a report on Friday, September 7th. Canaccord Genuity boosted their price objective on Appian from $28.00 to $30.00 and gave the stock a “hold” rating in a report on Friday, August 3rd. Morgan Stanley boosted their price objective on Appian from $26.00 to $28.00 and gave the stock an “underweight” rating in a report on Friday, August 3rd. BidaskClub downgraded Appian from a “buy” rating to a “hold” rating in a report on Wednesday, October 3rd. Finally, Zacks Investment Research downgraded Appian from a “buy” rating to a “hold” rating in a report on Wednesday, October 3rd. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $27.67.

Institutional investors and hedge funds have recently modified their holdings of the company. Steward Partners Investment Advisory LLC acquired a new position in shares of Appian in the 3rd quarter valued at about $166,000. UBS Group AG increased its holdings in shares of Appian by 240.8% in the 1st quarter. UBS Group AG now owns 6,717 shares of the company’s stock valued at $169,000 after purchasing an additional 4,746 shares during the period. California Public Employees Retirement System acquired a new position in shares of Appian in the 2nd quarter valued at about $207,000. Point72 Asset Management L.P. acquired a new position in shares of Appian in the 2nd quarter valued at about $264,000. Finally, Tocqueville Asset Management L.P. acquired a new position in shares of Appian in the 2nd quarter valued at about $273,000. Institutional investors own 17.43% of the company’s stock.

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Appian Company Profile

Appian Corporation provides low-code software development platform that enables organizations to develop various applications in the United States and internationally. The company's platform automates the creation of forms, data flows, records, reports, and other software elements that are needed to be manually coded or configured.

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Insider Buying and Selling by Quarter for Appian (NASDAQ:APPN)

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