UBS Group AG Lowers Stock Position in Appian Corporation $APPN

UBS Group AG reduced its stake in Appian Corporation (NASDAQ:APPN) by 58.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 93,104 shares of the company’s stock after selling 131,222 shares during the quarter. UBS Group AG’s holdings in Appian were worth $3,298,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. raised its stake in Appian by 2.7% in the fourth quarter. Vanguard Group Inc. now owns 6,095,904 shares of the company’s stock valued at $215,917,000 after purchasing an additional 159,956 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in Appian by 86.9% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,291,124 shares of the company’s stock valued at $39,470,000 after acquiring an additional 600,336 shares during the last quarter. Wolf Hill Capital Management LP grew its position in Appian by 298.1% during the third quarter. Wolf Hill Capital Management LP now owns 995,210 shares of the company’s stock valued at $30,424,000 after acquiring an additional 745,210 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its position in Appian by 33.9% during the third quarter. Jacobs Levy Equity Management Inc. now owns 685,270 shares of the company’s stock valued at $20,949,000 after acquiring an additional 173,461 shares during the last quarter. Finally, Qube Research & Technologies Ltd grew its position in Appian by 70.2% during the second quarter. Qube Research & Technologies Ltd now owns 496,741 shares of the company’s stock valued at $14,833,000 after acquiring an additional 204,925 shares during the last quarter. 52.70% of the stock is owned by hedge funds and other institutional investors.

Appian Stock Performance

Shares of Appian stock opened at $21.37 on Monday. Appian Corporation has a 52-week low of $18.63 and a 52-week high of $46.06. The stock has a market capitalization of $1.57 billion, a price-to-earnings ratio of 2,139.14 and a beta of 0.88. The company’s 50 day moving average price is $22.63 and its 200-day moving average price is $29.38.

Appian (NASDAQ:APPN) last issued its earnings results on Thursday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.08. Appian had a net margin of 0.12% and a negative return on equity of 26.12%. The firm had revenue of $202.18 million for the quarter, compared to analysts’ expectations of $191.57 million. During the same quarter last year, the business earned $0.13 earnings per share. The business’s 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, equities research analysts forecast that Appian Corporation will post 0.25 earnings per share for the current fiscal year.

Insider Activity

In other news, CRO Mark Dorsey bought 5,227 shares of the business’s stock in a transaction dated Wednesday, May 13th. The shares were purchased at an average price of $19.13 per share, for a total transaction of $99,992.51. Following the completion of the acquisition, the executive owned 13,993 shares of the company’s stock, valued at approximately $267,686.09. This trade represents a 59.63% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 43.00% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on APPN. Weiss Ratings reiterated a “sell (d)” rating on shares of Appian in a research report on Wednesday. Morgan Stanley reiterated an “equal weight” rating and set a $25.00 price target (down from $41.00) on shares of Appian in a research report on Thursday, April 30th. DA Davidson reduced their price target on shares of Appian from $25.00 to $22.00 and set a “neutral” rating on the stock in a research report on Friday, May 15th. Citigroup reduced their price target on shares of Appian from $38.00 to $37.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. Finally, Zacks Research cut shares of Appian from a “strong-buy” rating to a “hold” rating in a research report on Thursday. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $26.00.

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.