Major shareholder Abdiel Capital Advisors acquired 40,000 shares of Appian Co., increasing their stake to 7.09M shares worth around $249M.

Major shareholder Abdiel Capital Advisors, Lp, acquired 40,000 shares of Appian Co. (NASDAQ: APPN) on July 16th, spending $1.406M. This brings their total company shares to 7.09M, worth around $249M. They also recently purchased 200k shares on July 18th, for $7.06M, raising their stake to 7.34M shares valued at $259M. Major shareholders must disclose large purchases to the SEC.