CWA Asset Management Group LLC Makes New Investment in Appian Corporation $APPN

CWA Asset Management Group LLC bought a new stake in Appian Corporation (NASDAQ:APPN) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 44,719 shares of the company’s stock, valued at approximately $1,584,000.

A number of other hedge funds have also recently made changes to their positions in the company. Tudor Investment Corp ET AL grew its holdings in shares of Appian by 203.9% during the third quarter. Tudor Investment Corp ET AL now owns 369,871 shares of the company’s stock worth $11,307,000 after purchasing an additional 248,169 shares during the last quarter. Allworth Financial LP increased its stake in shares of Appian by 175.2% in the third quarter. Allworth Financial LP now owns 1,131 shares of the company’s stock valued at $35,000 after buying an additional 720 shares during the period. Jacobs Levy Equity Management Inc. raised its holdings in Appian by 33.9% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 685,270 shares of the company’s stock valued at $20,949,000 after buying an additional 173,461 shares during the last quarter. Woodline Partners LP raised its holdings in Appian by 1,171.8% in the 3rd quarter. Woodline Partners LP now owns 172,776 shares of the company’s stock valued at $5,282,000 after buying an additional 159,191 shares during the last quarter. Finally, Voleon Capital Management LP acquired a new stake in Appian during the 3rd quarter worth approximately $924,000. 52.70% of the stock is owned by institutional investors and hedge funds.

Appian Stock Performance

NASDAQ:APPN opened at $25.29 on Monday. The company has a market capitalization of $1.87 billion, a PE ratio of 2,528.90 and a beta of 0.92. The company has a 50 day simple moving average of $26.66 and a two-hundred day simple moving average of $31.92. Appian Corporation has a fifty-two week low of $21.77 and a fifty-two week high of $46.06.

Appian (NASDAQ:APPN) last issued its quarterly earnings results on Thursday, February 19th. The company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.04. Appian had a net margin of 0.17% and a negative return on equity of 11.83%. The firm had revenue of $202.87 million for the quarter, compared to the consensus estimate of $189.33 million. The business’s revenue for the quarter was up 21.7% compared to the same quarter last year. Appian has set its FY 2026 guidance at 0.820-0.960 EPS and its Q1 2026 guidance at 0.160-0.200 EPS. Research analysts predict that Appian Corporation will post -0.28 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. UBS Group set a $21.00 target price on shares of Appian in a report on Friday, February 20th. DA Davidson set a $25.00 price target on shares of Appian in a report on Friday, February 20th. Citigroup reduced their price objective on shares of Appian from $48.00 to $38.00 and set a “buy” rating on the stock in a research note on Friday, February 20th. TD Cowen decreased their price objective on Appian from $35.00 to $30.00 and set a “hold” rating for the company in a report on Friday, February 20th. Finally, Morgan Stanley set a $41.00 target price on Appian in a research report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $30.00.

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.