Appian Corporation $APPN Position Boosted by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL boosted its position in Appian Corporation (NASDAQ:APPN) by 203.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 369,871 shares of the company’s stock after buying an additional 248,169 shares during the quarter. Tudor Investment Corp ET AL owned approximately 0.50% of Appian worth $11,307,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Millennium Management LLC lifted its holdings in Appian by 18.9% in the first quarter. Millennium Management LLC now owns 302,720 shares of the company’s stock worth $8,721,000 after acquiring an additional 48,014 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Appian by 2.2% during the first quarter. Goldman Sachs Group Inc. now owns 385,731 shares of the company’s stock valued at $11,113,000 after purchasing an additional 8,319 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Appian by 2.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 90,080 shares of the company’s stock valued at $2,595,000 after purchasing an additional 2,244 shares during the last quarter. PNC Financial Services Group Inc. increased its position in Appian by 89.0% in the second quarter. PNC Financial Services Group Inc. now owns 1,198 shares of the company’s stock worth $36,000 after buying an additional 564 shares during the period. Finally, SG Americas Securities LLC increased its holdings in shares of Appian by 6.5% in the 2nd quarter. SG Americas Securities LLC now owns 16,843 shares of the company’s stock worth $503,000 after acquiring an additional 1,034 shares during the period. 52.70% of the stock is owned by institutional investors and hedge funds.

Appian Stock Performance

Shares of APPN stock opened at $25.29 on Friday. The stock’s 50 day simple moving average is $26.66 and its 200 day simple moving average is $31.91. Appian Corporation has a twelve month low of $21.77 and a twelve month high of $46.06. The company has a market capitalization of $1.87 billion, a price-to-earnings ratio of 2,528.90 and a beta of 0.92.

Appian (NASDAQ:APPN) last posted its quarterly earnings data on Thursday, February 19th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.04. Appian had a negative return on equity of 11.83% and a net margin of 0.17%.The business had revenue of $202.87 million during the quarter, compared to analysts’ expectations of $189.33 million. The business’s quarterly revenue 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. On average, analysts forecast that Appian Corporation will post -0.28 EPS for the current fiscal year.

Analysts Set New Price Targets

APPN has been the subject of several research analyst reports. UBS Group set a $21.00 price objective on shares of Appian in a report on Friday, February 20th. Morgan Stanley set a $41.00 target price on Appian in a report on Friday, February 20th. Wall Street Zen cut shares of Appian from a “strong-buy” rating to a “buy” rating in a research report on Friday, January 23rd. Barclays cut their price objective on Appian from $34.00 to $21.00 and set an “underweight” rating for the company in a research report on Friday, February 20th. Finally, Citigroup reduced their price target on shares of Appian from $48.00 to $38.00 and set a “buy” rating for the company in a research report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Appian presently has an average rating of “Hold” and an average 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.