Insider Selling: Appian (NASDAQ:APPN) CEO Sells $1,687,500.00 in Stock

Posted by George Bondi on Oct 8th, 2026

Appian Corporation (NASDAQ:APPN – Get Free Report) CEO Matthew Calkins sold 45,000 shares of the business’s stock in a transaction on Wednesday, October 7th. The shares were sold at an average price of $37.50, for a total transaction of $1,687,500.00. Following the sale, the chief executive officer directly owned 1,584,144 shares of the company’s stock, valued at $59,405,400. This represents a 2.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Appian Stock Up 2.4%

APPN stock traded up $0.90 during trading on Thursday, hitting $38.66. The company had a trading volume of 1,015,671 shares, compared to its average volume of 953,988. The firm has a market capitalization of $2.77 billion, a P/E ratio of -257.72 and a beta of 0.92. Appian Corporation has a 52-week low of $18.63 and a 52-week high of $46.06. The company has a 50 day simple moving average of $36.33 and a 200-day simple moving average of $27.73.

Appian (NASDAQ:APPN – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.13 EPS for the quarter. The business had revenue of $203.26 million for the quarter, compared to analyst estimates of $193.38 million. Appian had a negative net margin of 1.34% and a negative return on equity of 35.20%. Appian’s revenue for the quarter was up 19.1% on a year-over-year basis. Appian has set its FY 2026 guidance at 1.040-1.120 EPS and its Q3 2026 guidance at 0.310-0.350 EPS. Sell-side analysts forecast that Appian Corporation will post 0.45 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on APPN shares. Wall Street Zen upgraded shares of Appian from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 12th. Morgan Stanley increased their target price on Appian from $25.00 to $32.00 and gave the company an “equal weight” rating in a research report on Friday, August 7th. Weiss Ratings raised Appian from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, September 3rd. Zacks Research lowered Appian from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Finally, DA Davidson increased their price target on shares of Appian from $34.00 to $42.00 and gave the company a “neutral” rating in a research report on Friday, August 14th. One equities research analyst has rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Appian currently has a consensus rating of “Reduce” and a consensus price target of $31.00.

View Our Latest Research Report on Appian

Institutional Investors Weigh In On Appian

Several institutional investors have recently added to or reduced their stakes in APPN. Argent Capital Management LLC acquired a new position in shares of Appian during the third quarter valued at about $517,000. Cim Investment Management Inc. increased its stake in Appian by 7.4% during the 2nd quarter. Cim Investment Management Inc. now owns 10,357 shares of the company’s stock valued at $237,000 after purchasing an additional 715 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in shares of Appian in the second quarter worth $63,000. IFP Advisors Inc lifted its stake in shares of Appian by 35.5% during the second quarter. IFP Advisors Inc now owns 1,108 shares of the company’s stock worth $25,000 after buying an additional 290 shares during the period. Finally, Allworth Financial LP grew its holdings in shares of Appian by 15.0% during the second quarter. Allworth Financial LP now owns 2,678 shares of the company’s stock valued at $61,000 after buying an additional 350 shares during the last quarter. Institutional investors and hedge funds own 52.70% of the company’s stock.

About Appian

(Get Free Report)

Appian Corporation develops a low-code platform designed to help organizations build, manage and automate business applications and workflows. Its platform combines process orchestration, data management, artificial intelligence, robotic process automation and case management capabilities, enabling businesses to connect information from multiple systems and coordinate complex operational processes.

Appian provides cloud-based and self-managed deployment options, along with consulting, implementation, training and support services.