Media headlines about Appian (NASDAQ:APPN) have been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Appian earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.4834424100515 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the news headlines that may have impacted Accern’s scoring:

Several equities research analysts have recently commented on the company. KeyCorp reissued a “hold” rating on shares of Appian in a research note on Monday, September 18th. Canaccord Genuity lifted their target price on Appian from $19.00 to $22.00 and gave the company a “hold” rating in a research note on Monday, October 30th. Zacks Investment Research raised Appian from a “hold” rating to a “buy” rating and set a $30.00 target price for the company in a research note on Wednesday, September 13th. SunTrust Banks assumed coverage on Appian in a research note on Tuesday, November 21st. They issued a “buy” rating and a $28.00 target price for the company. Finally, William Blair assumed coverage on Appian in a research note on Monday, November 27th. They issued an “outperform” rating for the company. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $22.00.

Shares of Appian (NASDAQ APPN) opened at $21.20 on Thursday. Appian has a 52 week low of $14.60 and a 52 week high of $28.65.

In related news, major shareholder Qualified Master Fund L. Abdiel acquired 171,523 shares of the firm’s stock in a transaction that occurred on Wednesday, November 29th. The stock was acquired at an average cost of $21.24 per share, with a total value of $3,643,148.52. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Abdiel Capital Management, Llc acquired 5,258 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The shares were bought at an average cost of $20.48 per share, with a total value of $107,683.84. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 773,157 shares of company stock valued at $16,067,339 and have sold 1,097,222 shares valued at $21,384,857.

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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.

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

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