Appian Corp (NASDAQ:APPN) major shareholder Qualified Master Fund L. Abdiel bought 17,473 shares of the business’s stock in a transaction on Friday, December 15th. The shares were acquired at an average price of $20.14 per share, with a total value of $351,906.22. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Appian Corp (NASDAQ APPN) opened at $26.88 on Friday. Appian Corp has a 1 year low of $14.60 and a 1 year high of $28.65.
Several hedge funds have recently added to or reduced their stakes in the company. Abdiel Capital Advisors LP bought a new position in shares of Appian in the second quarter valued at approximately $56,982,000. JPMorgan Chase & Co. boosted its position in shares of Appian by 27.9% in the third quarter. JPMorgan Chase & Co. now owns 585,018 shares of the company’s stock valued at $14,673,000 after acquiring an additional 127,545 shares during the period. Lord Abbett & CO. LLC bought a new position in shares of Appian in the second quarter valued at approximately $8,134,000. Vanguard Group Inc. bought a new position in shares of Appian in the second quarter valued at approximately $7,105,000. Finally, Whale Rock Capital Management LLC bought a new position in shares of Appian in the second quarter valued at approximately $4,447,000. Institutional investors own 11.61% of the company’s stock.
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.
What are top analysts saying about Appian? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Appian and related companies.