Insider Sell: William Mccarthy Sells 700 Shares of Appian Corp (APPN)

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Dec 03, 2024
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On December 3, 2024, William Mccarthy, a Director at Appian Corp (APPN, Financial), sold 700 shares of the company, as reported in a SEC Filing. Following this transaction, the insider now owns 7,966 shares of the company. Appian Corp (APPN) is a provider of a low-code automation platform that accelerates the creation of high-impact business applications. The company's platform combines artificial intelligence, robotic process automation, and business process management to help organizations optimize their operations and improve customer experiences. The insider transaction history for Appian Corp shows that there have been 20 insider buys in total over the past year. Meanwhile, there have been 4 insider sells over the same timeframe.

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Shares of Appian Corp were trading for $38.78 apiece on the day of William Mccarthy’s recent sell. This gives the stock a market cap of $2.85 billion. With a price of $38.78 and a GuruFocus Value of $53.10, Appian Corp has a price-to-GF-Value ratio of 0.73. This means the stock is modestly undervalued based on its GF Value.

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The GF Value is an intrinsic value estimate developed by GuruFocus that is calculated based on the following three factors: - Historical multiples (price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow) that the stock has traded at. - A GuruFocus adjustment factor based on the company’s past returns and growth. - Future estimates of business performance from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.