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

Appian Corporation (NASDAQ:APPN) CEO Matthew Calkins sold 50,000 shares of the business’s stock in a transaction dated Tuesday, July 7th. The shares were 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 directly owned 1,719,144 shares of the company’s stock, valued at approximately $42,497,239.68. The trade was a 2.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Appian Stock Performance

NASDAQ:APPN opened at $25.24 on Friday. Appian Corporation has a 52 week low of $18.63 and a 52 week high of $46.06. The firm has a market cap of $1.85 billion, a price-to-earnings ratio of 2,526.53 and a beta of 0.85. The firm’s 50-day simple moving average is $22.53 and its 200 day simple moving average is $25.38.

Appian (NASDAQ:APPN) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $191.56 million. During the same quarter in the previous year, the firm posted $0.13 EPS. The business’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. Sell-side analysts anticipate that Appian Corporation will post 0.25 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Aster Capital Management DIFC Ltd bought a new position in shares of Appian in the fourth quarter worth about $30,000. Northwestern Mutual Wealth Management Co. increased its position in Appian by 693.4% during 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 acquired a new position in Appian during the 1st quarter worth approximately $31,000. Kestra Advisory Services LLC bought a new position in Appian in the 4th quarter valued at approximately $34,000. Finally, Allworth Financial LP lifted its stake in Appian by 175.2% in 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 during the last quarter. Institutional investors and hedge funds own 52.70% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on APPN shares. Zacks Research lowered Appian from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 21st. Morgan Stanley reissued an “equal weight” rating and set a $25.00 target price (down from $41.00) on shares of Appian in a report on Thursday, April 30th. Weiss Ratings restated a “sell (d)” rating on shares of Appian in a research report on Wednesday, May 20th. Citigroup dropped their price target on Appian from $38.00 to $37.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Finally, UBS Group set a $25.00 price objective on shares of Appian in a research report on Thursday, April 30th. One equities research analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $26.00.

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.