CWA Asset Management Group LLC Takes $1.58 Million Position in Appian Corporation $APPN

CWA Asset Management Group LLC bought a new position in shares of Appian Corporation (NASDAQ:APPN) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 44,719 shares of the company’s stock, valued at approximately $1,584,000. CWA Asset Management Group LLC owned approximately 0.06% of Appian as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of APPN. Tudor Investment Corp ET AL lifted its position in 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 period. Allworth Financial LP increased its holdings 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 buying an additional 720 shares during the period. Jacobs Levy Equity Management Inc. increased 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 period. Woodline Partners LP raised its position in shares of 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 in the last quarter. Finally, Voleon Capital Management LP acquired a new position in shares of Appian in the 3rd quarter valued at approximately $924,000. Institutional investors own 52.70% of the company’s stock.

Appian Trading Down 2.2%

APPN opened at $25.29 on Monday. The company has a market cap of $1.87 billion, a P/E ratio of 2,528.90 and a beta of 0.92. The company’s 50 day moving average is $26.66 and its 200-day moving average is $31.92. Appian Corporation has a 1-year low of $21.77 and a 1-year high of $46.06.

Appian (NASDAQ:APPN) last released its quarterly earnings data 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 business had revenue of $202.87 million during the quarter, compared to analysts’ expectations of $189.33 million. Appian’s quarterly revenue was up 21.7% on a year-over-year basis. 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, equities analysts forecast that Appian Corporation will post -0.28 EPS for the current year.

Wall Street Analysts Forecast Growth

APPN has been the topic of several analyst reports. TD Cowen reduced their price target on shares of Appian from $35.00 to $30.00 and set a “hold” rating on the stock in a research report on Friday, February 20th. DA Davidson set a $25.00 price objective on shares of Appian in a research report on Friday, February 20th. UBS Group set a $21.00 target price on Appian in a research note on Friday, February 20th. Morgan Stanley set a $41.00 target price on Appian in a report on Friday, February 20th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Appian in a research note on Monday, December 29th. One equities research 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 company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $30.00.

Appian Company 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.