Appian Corp (NASDAQ:APPN) gets upgraded to Equal Weight by Barclays with a price target of $29.00

ME Staff
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Analyst Ratings For Appian Corp (NASDAQ:APPN)

Today, Appian Corp (NASDAQ:APPN) stock received an upgrade by Barclays from Underweight to Equal Weight with a price target of $29.00.

There are 6 Hold Ratings, 2 Sell Ratings, no Strong Buy Ratings, no Buy Ratings on the stock.

The current consensus rating on Appian Corp (NASDAQ:APPN) is Hold with a consensus target price of $27.6667 per share, a potential 9.40% upside.

Some recent analyst ratings include

  • 10/15/2018-Appian Corp (NASDAQ:APPN) gets upgraded to Equal Weight by Barclays with a price target of $29.00
  • 6/20/2018-Appian Corp (NASDAQ:APPN) gets downgraded to Hold by SunTrust Banks
  • 3/12/2018-Appian Corp (NASDAQ:APPN) has coverage initiated with a Neutral rating
  • 2/23/2018-Appian Corp (NASDAQ:APPN) had its Hold rating reiterated by Cowen with a $27.00 price target
  • 1/19/2018-Appian Corp (NASDAQ:APPN) gets downgraded to Market Perform by William Blair

Recent Insider Trading Activity For Appian Corp (NASDAQ:APPN)
Appian Corp (NASDAQ:APPN) has insider ownership of 64.00% and institutional ownership of 16.75%.

  • On 10/10/2018 Qualified Master Fund L Abdiel, Major Shareholder, bought 166,910 with an average share price of $25.67 per share and the total transaction amounting to $4,284,579.70.
  • On 10/5/2018 Qualified Master Fund L Abdiel, Major Shareholder, bought 375,824 with an average share price of $28.39 per share and the total transaction amounting to $10,669,643.36.
  • On 10/3/2018 Abdiel Capital Management, Llc, Major Shareholder, bought 80,883 with an average share price of $28.64 per share and the total transaction amounting to $2,316,489.12.
  • On 10/1/2018 Edward L Hughes, VP, sold 20,000 with an average share price of $30.65 per share and the total transaction amounting to $613,000.00.
  • On 10/1/2018 Mark Steven Lynch, CFO, sold 15,000 with an average share price of $30.64 per share and the total transaction amounting to $459,600.00.
  • On 10/1/2018 Robert Charles Kramer, Insider, sold 3,500 with an average share price of $30.61 per share and the total transaction amounting to $107,135.00.
  • On 8/23/2018 Matthew W Calkins, CEO, sold 200,000 with an average share price of $34.78 per share and the total transaction amounting to $6,956,000.00.

About Appian Corp (NASDAQ:APPN)
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. Its principal software markets include the markets for low-code development platforms, case management software, business process management, and platform-as-a-service. The company also offers professional and customer support services. Its customers include financial services, healthcare, government, telecommunications, media, energy, manufacturing, and transportation organizations. Appian Corporation was founded in 1999 and is headquartered in Reston, Virginia.

Recent Trading Activity for Appian Corp (NASDAQ:APPN)
Shares of Appian Corp closed the previous trading session at 25.20 −0.31 1.22% with 27 shares trading hands.