Appian (NASDAQ:APPN) CRO Purchases $99,992.51 in Stock

Appian Corporation (NASDAQ:APPN – Get Free Report) CRO Mark Dorsey acquired 5,227 shares of the stock in a transaction on 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 transaction, the executive owned 13,993 shares in the company, valued at approximately $267,686.09. This represents a 59.63% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.

Appian Stock Performance

NASDAQ APPN opened at $19.53 on Friday. Appian Corporation has a twelve month low of $18.63 and a twelve month high of $46.06. The stock has a market cap of $1.43 billion, a price-to-earnings ratio of 1,954.95 and a beta of 0.88. The firm’s 50 day moving average price is $23.13 and its two-hundred day moving average price is $29.70.

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Appian (NASDAQ:APPN – Get Free Report) 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. 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 period in the previous year, the company posted $0.13 EPS. The company’s quarterly revenue was up 21.5% compared to the same quarter last year. Appian has set its FY 2026 guidance at 0.940-1.050 EPS and its Q2 2026 guidance at -0.020-0.020 EPS. On average, research analysts forecast that Appian Corporation will post 0.38 EPS for the current fiscal year.

Institutional Investors Weigh In On Appian

Several institutional investors and hedge funds have recently modified their holdings of the business. RPD Fund Management LLC acquired a new stake in shares of Appian in the 1st quarter valued at $94,496,000. Lead Edge Capital Management LLC lifted its stake in shares of Appian by 18.5% in the 1st quarter. Lead Edge Capital Management LLC now owns 1,905,634 shares of the company’s stock valued at $45,945,000 after purchasing an additional 296,845 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Appian by 16.5% in the 1st 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 last quarter. Sei Investments Co. lifted its stake in shares of Appian by 7.7% in the 1st quarter. Sei Investments Co. now owns 85,099 shares of the company’s stock valued at $2,052,000 after purchasing an additional 6,057 shares during the last quarter. Finally, State of Wyoming lifted its stake in shares of Appian by 580.8% in the 1st quarter. State of Wyoming now owns 9,953 shares of the company’s stock valued at $240,000 after purchasing an additional 8,491 shares during the last quarter. Institutional investors and hedge funds own 52.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on APPN. Barclays lifted their price objective 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. Citigroup lowered their price target on shares of Appian from $38.00 to $37.00 and set a “buy” rating on the stock in a report on Friday, May 8th. Wall Street Zen cut shares of Appian from a “strong-buy” rating to a “buy” rating in a report on Friday, January 23rd. DA Davidson lowered their price target on shares of Appian from $25.00 to $22.00 and set a “neutral” rating on the stock in a report on Friday. Finally, UBS Group set a $25.00 price target on shares of Appian in a report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $26.00.

View Our Latest Report on APPN

Appian Company Profile

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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.

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