SEC spills the tea ☕️

Welcome to Insider Insights!

Your friendly neighborhood snoop is here to dig through recent insider trades you should know about.

Insider Buy of the week

Company: Appian (ticker: APPN)

Market Cap: $2.43 billion⁽²⁾

Trading at: $33.64⁽²⁾

Buyer: Abdiel Capital Advisors, LP

Purchase Details:

7/5/24: Bought 610,222 shares at $31.04 for just under $19 million

7/10/24: Bought 535,121 shares at $33.25 for just over $18 million

Thats a total of roughly $37 million in stock purchases last week.

What’s interesting?

Appian is a software company focused on automating business processes utilizing AI. Annual revenue is projected to grow 12% this year (source here), hitting $615 million (source here).

(Data source here)

(2) here

Insider Sell of the week

Company: Stronghold Digital Mining Inc (ticker: SDIG)

Market Cap: $49.13 million⁽²⁾

Trading at: $3.79⁽²⁾

Seller: Beard Gregory A, CEO

Sale Details:

7/11/24: Sold 13,058 shares at $3.67 for just under $48k

What’s interesting?

SDIG is a crypto mining company that has seen a steady decline in share price since 2022. Insiders last bought this stock in April of 2023, since then there have been 30 instances of insider selling.

data source here

(2) data from here

Thanks for snooping,

let me know if I missed any insider trades that were on your radar!

-Insider Insights

Note: Nothing contained in this work is investment advice. Please do your own diligence when considering any financial investments. All investments are at your own risk. As of date of publishing, the writer has no vested interest in any of the assets mentioned above.