Insider at Appian (APPN) Makes Significant purchase of Stock Extends the Trend of Last Quarter

Monday, December 11, 2017 10:15 PM ET

Insider at Appian (APPN) Makes Significant purchase of Stock Extends the Trend of Last Quarter

One insider — Abdiel Capital Management Llc, 10% Owner — today, bought 208,777 shares of Appian having a market value of approximately $4,212,042, as revealed in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the purchase of 730,401 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 939,178 shares and have averaged 469,589 shares per transaction over this time period.

The level of buy/sell trading at Appian is is lower than the 62 peer company average over the last 90-day period. The Enterprise Software peer group saw 173 buy/sell trades during this period for an average of 2.8 transactions per company. However, the number of shares per buy/sell trade for Appian is higher. Within the peer group there were 922,874 shares purchased and 7,042,974 shares sold with company insiders having sold 35,376 shares on average.

The data obtained in evaluating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

For more information, contact UpTick at Copyright 2017 UpTick Data Technologies. All rights reserved.

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