Appian Corporation $APPN Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC decreased its holdings in shares of Appian Corporation (NASDAQ:APPN) by 78.9% in the 1st quarter, Holdings Channel reports. The firm owned 15,494 shares of the company’s stock after selling 57,767 shares during the quarter. SG Americas Securities LLC’s holdings in Appian were worth $374,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of APPN. State of Wyoming lifted its position in shares of Appian by 55.0% in the 4th quarter. State of Wyoming now owns 1,462 shares of the company’s stock worth $52,000 after buying an additional 519 shares during the last quarter. ProShare Advisors LLC grew its position in shares of Appian by 7.8% during the 4th quarter. ProShare Advisors LLC now owns 7,481 shares of the company’s stock valued at $265,000 after buying an additional 543 shares during the last quarter. Legal & General Group Plc raised its stake in Appian by 1.7% during the third quarter. Legal & General Group Plc now owns 37,730 shares of the company’s stock worth $1,153,000 after acquiring an additional 632 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in Appian by 4.7% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 15,214 shares of the company’s stock worth $539,000 after acquiring an additional 681 shares during the period. Finally, Allworth Financial LP lifted its holdings in Appian by 175.2% in the third quarter. Allworth Financial LP now owns 1,131 shares of the company’s stock worth $35,000 after acquiring an additional 720 shares during the last quarter. 52.70% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

APPN has been the subject of a number of research reports. UBS Group set a $25.00 target price on Appian in a research note on Thursday, April 30th. Barclays increased their price target on Appian from $21.00 to $23.00 and gave the stock an “underweight” rating in a research report on Friday, May 8th. Weiss Ratings restated a “sell (d)” rating on shares of Appian in a research report on Wednesday, May 20th. Morgan Stanley restated an “equal weight” rating and set a $25.00 price objective (down from $41.00) on shares of Appian in a research note on Thursday, April 30th. Finally, Citigroup dropped their target price on Appian from $38.00 to $37.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $26.00.

Appian Trading Up 4.0%

Shares of NASDAQ:APPN opened at $25.24 on Friday. The firm’s 50 day moving average is $22.53 and its two-hundred day moving average is $25.38. The firm has a market capitalization of $1.85 billion, a P/E ratio of 2,526.53 and a beta of 0.85. Appian Corporation has a 52 week low of $18.63 and a 52 week high of $46.06.

Appian (NASDAQ:APPN) last issued its quarterly earnings data 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 negative return on equity of 26.12% and a net margin of 0.12%.The business had revenue of $202.18 million during the quarter, compared to the consensus estimate of $191.56 million. During the same period in the previous year, the firm posted $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. Analysts predict that Appian Corporation will post 0.25 EPS for the current year.

Insider Buying and Selling at Appian

In other news, CEO Matthew W. Calkins sold 50,000 shares of the 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 completion of the transaction, the chief executive officer owned 1,719,144 shares of the company’s stock, valued at approximately $42,497,239.68. This represents a 2.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Mark Dorsey purchased 5,227 shares of the stock in a transaction dated Wednesday, May 13th. The shares were acquired at an average cost of $19.13 per share, for a total transaction of $99,992.51. Following the completion of the acquisition, the executive directly owned 13,993 shares of the company’s stock, valued at approximately $267,686.09. This trade represents a 59.63% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 43.00% of the stock is owned by insiders.

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.