Wolf Hill Capital Management LP Has $30.42 Million Stock Holdings in Appian Corporation $APPN

Wolf Hill Capital Management LP raised its holdings in Appian Corporation (NASDAQ:APPN) by 298.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 995,210 shares of the company’s stock after acquiring an additional 745,210 shares during the quarter. Appian makes up about 2.8% of Wolf Hill Capital Management LP’s portfolio, making the stock its 14th largest holding. Wolf Hill Capital Management LP owned about 1.34% of Appian worth $30,424,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. EverSource Wealth Advisors LLC grew its stake in shares of Appian by 282.5% in the third quarter. EverSource Wealth Advisors LLC now owns 811 shares of the company’s stock worth $25,000 after purchasing an additional 599 shares during the last quarter. PNC Financial Services Group Inc. raised its position in Appian by 89.0% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,198 shares of the company’s stock worth $36,000 after purchasing an additional 564 shares during the last quarter. Jones Financial Companies Lllp raised its position in Appian by 115.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,653 shares of the company’s stock worth $51,000 after purchasing an additional 886 shares during the last quarter. Globeflex Capital L P acquired a new position in Appian during the 2nd quarter worth about $90,000. Finally, Tower Research Capital LLC TRC lifted its holdings in Appian by 456.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,283 shares of the company’s stock worth $128,000 after buying an additional 3,513 shares during the period. Institutional investors own 52.70% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on APPN. Zacks Research raised Appian from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 23rd. TD Cowen cut their price objective on Appian from $35.00 to $30.00 and set a “hold” rating on the stock in a research note on Friday, February 20th. DA Davidson set a $25.00 target price on Appian in a report on Friday, February 20th. Morgan Stanley set a $41.00 target price on shares of Appian in a research report on Friday, February 20th. Finally, Barclays lowered their price target on shares of Appian from $34.00 to $21.00 and set an “underweight” rating for the company in a report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $30.00.

Appian Stock Up 1.4%

APPN traded up $0.36 during trading on Friday, hitting $25.51. The company’s stock had a trading volume of 169,525 shares, compared to its average volume of 1,130,161. The firm has a market capitalization of $1.89 billion, a P/E ratio of 2,546.50 and a beta of 0.92. Appian Corporation has a twelve month low of $21.77 and a twelve month high of $46.06. The stock’s fifty day moving average price is $27.70 and its 200-day moving average price is $32.08.

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

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.