<div id="readability-page-1"><p>Appian Co. (NASDAQ:APPN - Get Free Report) major shareholder Abdiel Capital Advisors, Lp sold 33,000 shares of the stock in a transaction on Monday, April 14th. The shares were sold at an average price of $27.11, for a total value of $894,630.00. Following the sale, the insider now owns 9,802,219 shares of the company's stock, valued at approximately $265,738,157.09. This represents a 0.34 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Large shareholders that own 10% or more of a company's shares are required to disclose their transactions with the SEC.</p><ul><li>Beyond the Magnificent 7: Tech’s Rising Stars</li></ul><p>Abdiel Capital Advisors, Lp also recently made the following trade(s): </p><ul><li>On Wednesday, April 16th, Abdiel Capital Advisors, Lp sold 5,103 shares of Appian stock. The shares were sold at an average price of $27.02, for a total value of $137,883.06. </li><li>On Friday, April 11th, Abdiel Capital Advisors, Lp sold 29,971 shares of Appian stock. The shares were sold at an average price of $27.04, for a total transaction of $810,415.84. </li><li>On Wednesday, April 9th, Abdiel Capital Advisors, Lp sold 34,943 shares of Appian stock. The stock was sold at an average price of $28.08, for a total value of $981,199.44. </li><li>On Friday, April 4th, Abdiel Capital Advisors, Lp sold 78,528 shares of Appian stock. The shares were sold at an average price of $26.49, for a total transaction of $2,080,206.72. </li><li>On Wednesday, April 2nd, Abdiel Capital Advisors, Lp sold 57,975 shares of Appian stock. The stock was sold at an average price of $29.52, for a total value of $1,711,422.00. </li></ul><h2>Appian Stock Performance</h2><p>Shares of APPN stock traded down $0.51 on Wednesday, hitting $26.92. 525,452 shares of the stock traded hands, compared to its average volume of 547,936. Appian Co. has a twelve month low of $24.00 and a twelve month high of $43.33. The stock has a market capitalization of $1.99 billion, a PE ratio of -21.37 and a beta of 1.78. The firm's 50-day moving average price is $30.61 and its two-hundred day moving average price is $33.64. </p><ul><li>UiPath: Has the Bar Been Set Too Low for This AI Robotic Leader?</li></ul><p>Appian (NASDAQ:APPN - Get Free Report) last posted its earnings results on Wednesday, February 19th. The company reported ($0.12) EPS for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.11). The business had revenue of $166.70 million during the quarter, compared to analysts' expectations of $164.31 million. Appian had a negative net margin of 14.95% and a negative return on equity of 532.05%. Appian's revenue for the quarter was up 14.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.06 EPS.  On average, equities research analysts anticipate that  Appian Co. will post -0.28 EPS for the current fiscal year. </p><h2>Institutional Trading of Appian</h2><p>Several institutional investors have recently added to or reduced their stakes in the stock. Oppenheimer &amp; Co. Inc. lifted its stake in  Appian by 5.1% during the 4th quarter. Oppenheimer &amp; Co. Inc. now owns 8,200 shares of the company's stock worth $270,000 after acquiring an additional 400 shares in the last quarter.  Canada Pension Plan Investment Board increased its stake in  Appian by 27.8% during the 4th quarter. Canada Pension Plan Investment Board now owns 2,300 shares of the company's stock worth $76,000 after buying an additional 500 shares during the period.  Point72 Hong Kong Ltd acquired a new stake in  Appian during the 4th quarter worth approximately $35,000.  Handelsbanken Fonder AB grew its stake in shares of  Appian by 14.7% in the fourth quarter. Handelsbanken Fonder AB now owns 8,600 shares of the company's stock worth $284,000 after acquiring an additional 1,100 shares in the last quarter.  Finally, MetLife Investment Management LLC increased its position in shares of  Appian by 8.0% during the fourth quarter. MetLife Investment Management LLC now owns 24,325 shares of the company's stock worth $802,000 after acquiring an additional 1,809 shares during the period. Institutional investors and hedge funds own  52.70% of the company's stock. </p><h2>Analyst Ratings Changes</h2><p>A number of equities research analysts have recently commented on APPN shares. Morgan Stanley dropped their price objective on shares of Appian from $35.00 to $27.00 and set an &#34;equal weight&#34; rating on the stock in a research note on Wednesday. DA Davidson dropped their price objective on Appian from $40.00 to $28.00 and set a &#34;neutral&#34; rating on the stock in a report on Monday. KeyCorp  reaffirmed a &#34;sector weight&#34; rating on shares of Appian in a research note on Tuesday, January 14th. Finally, Scotiabank began coverage on Appian in a report on Monday, January 6th. They set a &#34;sector perform&#34; rating and a $37.00 target price for the company. One research analyst  has rated the stock with a sell rating, five have assigned  a hold rating and one  has issued  a buy rating to the company's stock. According to data from MarketBeat, Appian presently has a consensus rating of &#34;Hold&#34; and a consensus target price of $35.17.</p><p><b>Get Our Latest Stock Report on APPN</b></p><h2>Appian Company Profile</h2> (Get Free Report)<p>Appian Corporation, a software company that provides low-code design platform in the United States, Mexico, Portugal, and internationally. The company's platform offers artificial intelligence, process automation, data fabric, and process mining. It provides The Appian Platform, an integrated automation platform that enables organizations to design, automate, and optimize mission-critical business processes.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Appian</li><li>High Dividend REITs: Are They an Ideal Way to Diversify?</li><li>Viking Therapeutics Stock Pops But Struggles to Hold Gains</li><li>Want to Profit on the Downtrend? Downtrends, Explained.</li><li>Qualcomm Stock Just Earned a Fresh Buy Rating—Get Excited</li><li>How to Evaluate a Stock Before Buying </li><li>Meta Stock Holds Upside Potential as Analysts Cut Price Targets</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVBQTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVBQTg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Appian Right Now?</h2><p>Before you consider Appian, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Appian wasn't on the list.</p><p>While Appian currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

APPN

<p>Abdiel Capital Advisors, a major shareholder of Appian Co. (NASDAQ:APPN), sold 33,000 shares at an average price of $27.11, totaling $894,630. This sale decreased their ownership by 0.34%, leaving them with 9,802,219 shares valued at approximately $265.7 million. The transaction was disclosed to the SEC. In recent trades, Abdiel sold additional shares, with the stock currently trading at $26.92, down $0.51.</p>

Insider Selling: Appian Co. (NASDAQ:APPN) Major Shareholder Sells 33,000 Shares of Stock