Appian (NASDAQ:APPN) CEO Matthew Calkins Sells 50,000 Shares

Appian Corporation (NASDAQ:APPN) CEO Matthew Calkins sold 50,000 shares of the business’s stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $24.72, for a total value of $1,236,000.00. Following the sale, the chief executive officer owned 1,719,144 shares in the company, valued at approximately $42,497,239.68. The trade was a 2.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Appian Stock Down 1.7%

NASDAQ APPN opened at $24.27 on Thursday. Appian Corporation has a fifty-two week low of $18.63 and a fifty-two week high of $46.06. The business has a fifty day moving average of $22.46 and a 200-day moving average of $25.46. The stock has a market cap of $1.78 billion, a price-to-earnings ratio of 2,429.43 and a beta of 0.85.

Appian (NASDAQ:APPN) last released its earnings results on Thursday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.08. Appian had a net margin of 0.12% and a negative return on equity of 26.12%. The company had revenue of $202.18 million for the quarter, compared to analyst estimates of $191.56 million. During the same period in the prior year, the firm earned $0.13 EPS. The firm’s quarterly revenue was up 21.5% on a year-over-year basis. Appian has set its FY 2026 guidance at 0.940-1.050 EPS and its Q2 2026 guidance at -0.020-0.020 EPS. As a group, analysts anticipate that Appian Corporation will post 0.25 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on APPN shares. Morgan Stanley restated an “equal weight” rating and issued a $25.00 price objective (down from $41.00) on shares of Appian in a report on Thursday, April 30th. TD Cowen cut their price objective on Appian from $27.00 to $24.00 and set a “hold” rating on the stock in a research report on Friday, May 15th. UBS Group set a $25.00 target price on Appian in a research note on Thursday, April 30th. Barclays boosted their target price on shares of Appian from $21.00 to $23.00 and gave the stock an “underweight” rating in a research report on Friday, May 8th. Finally, DA Davidson dropped their price target on shares of Appian from $25.00 to $22.00 and set a “neutral” rating on the stock in a research note on Friday, May 15th. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $26.00.

Institutional Investors Weigh In On Appian

Institutional investors have recently modified their holdings of the business. Vanguard Group Inc. grew its stake in Appian by 2.7% during the 4th quarter. Vanguard Group Inc. now owns 6,095,904 shares of the company’s stock worth $215,917,000 after buying an additional 159,956 shares during the last quarter. RPD Fund Management LLC bought a new position in Appian in the 1st quarter worth approximately $94,496,000. Lead Edge Capital Management LLC boosted its position in Appian by 18.5% during the 1st quarter. Lead Edge Capital Management LLC now owns 1,905,634 shares of the company’s stock worth $45,945,000 after acquiring an additional 296,845 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in shares of Appian by 16.5% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,519,653 shares of the company’s stock valued at $36,639,000 after purchasing an additional 215,183 shares during the period. Finally, First Trust Advisors LP raised its stake in shares of Appian by 16.9% during the first quarter. First Trust Advisors LP now owns 1,355,961 shares of the company’s stock valued at $32,692,000 after purchasing an additional 196,021 shares in the last quarter. Institutional investors own 52.70% of the company’s stock.

Appian Company Profile

Appian Corporation is a global technology company specializing in low-code automation platforms designed to streamline business processes. Founded in 1999 by Matt Calkins, the company provides an integrated suite of tools that enables organizations to build enterprise applications and workflows rapidly with minimal hand coding. The platform combines process management, robotic process automation (RPA), artificial intelligence (AI) capabilities and data integration into a single environment, allowing businesses to accelerate digital transformation initiatives.

The core offering, the Appian Low-Code Platform, empowers users—ranging from professional developers to business analysts—to visually model, design and deploy applications that can automate complex operations, orchestrate tasks across systems, and deliver real-time analytics.