Appian (NASDAQ:APPN) CEO Matthew Calkins Sells 50,000 Shares

Appian Corporation (NASDAQ:APPN) CEO Matthew Calkins sold 50,000 shares of the firm’s stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $24.72, for a total transaction of $1,236,000.00. Following the completion of the sale, the chief executive officer owned 1,719,144 shares of the company’s stock, valued at $42,497,239.68. This trade represents a 2.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Appian Stock Down 1.7%

NASDAQ:APPN traded down $0.41 during mid-day trading on Wednesday, hitting $24.27. 478,962 shares of the stock traded hands, compared to its average volume of 999,104. 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 $1.78 billion, a price-to-earnings ratio of 2,429.43 and a beta of 0.85. The firm’s 50 day moving average is $22.42 and its two-hundred day moving average is $25.55.

Appian (NASDAQ:APPN) last announced its earnings results on Thursday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $191.56 million. During the same quarter in the previous year, the business earned $0.13 earnings per share. The company’s revenue for the quarter 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. As a group, research analysts predict that Appian Corporation will post 0.25 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on APPN shares. DA Davidson cut 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, May 15th. Citigroup lowered their target price on Appian from $38.00 to $37.00 and set a “buy” rating for the company in a report on Friday, May 8th. UBS Group set a $25.00 price target on Appian in a report on Thursday, April 30th. Barclays upped their price objective on Appian from $21.00 to $23.00 and gave the stock an “underweight” rating in a research note on Friday, May 8th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Appian in a research report on Wednesday, May 20th. One analyst has rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $26.00.

Institutional Investors Weigh In On Appian

Several institutional investors have recently added to or reduced their stakes in APPN. Aster Capital Management DIFC Ltd acquired a new position in shares of Appian during the fourth quarter valued at about $30,000. Northwestern Mutual Wealth Management Co. boosted its stake in Appian by 693.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 968 shares of the company’s stock worth $30,000 after purchasing an additional 846 shares in the last quarter. KBC Group NV purchased a new stake in Appian during the 1st quarter worth approximately $31,000. Kestra Advisory Services LLC acquired a new position in Appian during the 4th quarter valued at approximately $34,000. Finally, Allworth Financial LP increased its stake in Appian by 175.2% during the 3rd quarter. Allworth Financial LP now owns 1,131 shares of the company’s stock valued at $35,000 after purchasing an additional 720 shares in the last quarter. Institutional investors and hedge funds own 52.70% of the company’s stock.

About Appian

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.