Wolf Hill Capital Management LP Has $1.72 Million Holdings in Appian Corporation $APPN

Wolf Hill Capital Management LP lessened its stake in Appian Corporation (NASDAQ:APPN) by 95.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 48,548 shares of the company’s stock after selling 946,662 shares during the quarter. Appian makes up 0.2% of Wolf Hill Capital Management LP’s holdings, making the stock its 20th biggest position. Wolf Hill Capital Management LP’s holdings in Appian were worth $1,720,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. EverSource Wealth Advisors LLC boosted its holdings in shares of Appian by 282.5% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 811 shares of the company’s stock valued at $25,000 after buying an additional 599 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Appian by 693.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 968 shares of the company’s stock valued at $30,000 after buying an additional 846 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of Appian in the 4th quarter valued at approximately $34,000. Allworth Financial LP raised its stake in Appian by 175.2% in the 3rd quarter. Allworth Financial LP now owns 1,131 shares of the company’s stock valued at $35,000 after acquiring an additional 720 shares during the period. Finally, State of Wyoming raised its stake in Appian by 55.0% in the 4th quarter. State of Wyoming now owns 1,462 shares of the company’s stock valued at $52,000 after acquiring an additional 519 shares during the period. Institutional investors and hedge funds own 52.70% of the company’s stock.

Appian Price Performance

APPN stock opened at $24.01 on Monday. The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of 2,403.40 and a beta of 0.90. The business’s fifty day moving average price is $22.35 and its two-hundred day moving average price is $27.65. Appian Corporation has a fifty-two week low of $18.63 and a fifty-two week high of $46.06.

Appian (NASDAQ:APPN) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.08. The firm had revenue of $202.18 million for the quarter, compared to analysts’ expectations of $191.57 million. Appian had a negative return on equity of 26.12% and a net margin of 0.12%.The company’s quarterly revenue was up 21.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.13 EPS. Appian has set its FY 2026 guidance at 0.940-1.050 EPS and its Q2 2026 guidance at -0.020-0.020 EPS. Research analysts expect that Appian Corporation will post 0.25 EPS for the current year.

Insiders Place Their Bets

In related news, CRO Mark Dorsey purchased 5,227 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average price of $19.13 per share, for a total transaction of $99,992.51. Following the completion of the transaction, 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 purchase was disclosed in a document filed with the SEC, which is available through this link. 44.00% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Weiss Ratings restated a “sell (d)” rating on shares of Appian in a research note on Wednesday, May 20th. UBS Group set a $25.00 price target on Appian in a research note on Thursday, April 30th. DA Davidson dropped their price target on Appian from $25.00 to $22.00 and set a “neutral” rating on the stock in a research note on Friday, May 15th. Morgan Stanley restated an “equal weight” rating and issued a $25.00 price target (down from $41.00) on shares of Appian in a research note on Thursday, April 30th. Finally, Zacks Research cut Appian from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 21st. One equities research analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $26.00.

Appian 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.