APPN

APPIAN CORP

Nasdaq · Services-Prepackaged Software · CIK 0001441683
$21.56 -5.44% $1.5B
High Impact Filing (7/10)13 New Institutional Positions15 Institutional Exits
Vol
Market Cap$1.5B
Cap SizeSmall Cap
Analyst ConsensusSell (8%)
Inst. Holders50 funds
Inst. Value$532.2M
Inst. Activity13 buys / 15 sells
Insider Activity1B / 1S
Insider Net $-$1.1M
SEC Reports4
Exchange Nasdaq·Sector Services-Prepackaged Software·CIK 0001441683·Prev Close $22.80

Recent Activity

Jun 11, 2026 SEC
A mixed institutional cluster in APPN for Q3 2025 shows 6 buyers adding $42.9M in aggregate, led by Citadel (doubled to
INST-CLUSTER — Impact 4/10
Jun 8, 2026 SEC
Appian CEO and 10% owner Matthew Calkins filed a Form 144 on June 8, 2026, indicating intent to sell 50,000 shares of Cl
144 — Impact 3/10
Jun 8, 2026 Insider
Calkins Matthew W sold 50,000 shares
CEO and President @ $24.13 ($1.2M)
May 26, 2026 other
Appian Corporation to Present in Upcoming Investor Conferences
<p align="justify">MCLEAN, Va., May 26, 2026 (GLOBE NEWSWIRE) -- Appian (NASDAQ: APPN), today anno
May 13, 2026 Insider
Dorsey Mark bought 5,220 shares
Chief Revenue Officer @ $19.13 ($99.9K)
May 7, 2026 SEC
Appian reported Q1 2026 earnings with non-GAAP EPS of $0.27, far exceeding the $0.05 consensus, and total revenue of $20
8-K — Impact 7/10
May 6, 2026 Insider
Zamudio-Ramirez Pavel acquired via exercise 10,272 shares
Chief Customer Officer
Inst.
Nuveen, LLC — TRIM
414,956 shares ($10.0M)

Price Targets

$26.20 +25.1% upside Strong Buy
Current $20.95 Low $22.00 Median $24.00 High $37.00 5 analysts
$22.00 $37.00

Analyst Ratings

Strong Sell8% buy · 13 analysts
1Strong Buy
0Buy
8Hold
2Sell
2Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 15, 2026 DA Davidson MAINTAIN Neutral → Neutral
May 15, 2026 TD Cowen MAINTAIN Hold → Hold
May 8, 2026 Citigroup MAINTAIN Buy → Buy
May 8, 2026 Barclays MAINTAIN Underweight → Underweight
Apr 30, 2026 Morgan Stanley DOWNGRADE Overweight → Equal-Weight

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $0.00 ▼ -96.4% $-0.01 — $0.01 -21% YoY 7
Next Q $0.32 ▲ +14.2% $0.28 — $0.38 1% YoY 7
Current FY $0.99 ▲ +10.2% $0.94 — $1.01 62% YoY 7
Next FY $1.26 ▲ +7.8% $1.13 — $1.43 27% YoY 7

Latest Reports

MIXED INST-CLUSTER 4/10
A mixed institutional cluster in APPN for Q3 2025 shows 6 buyers adding $42.9M in aggregate, led by Citadel (doubled to
Jun 11, 2026
NEUTRAL 144 3/10
Appian CEO and 10% owner Matthew Calkins filed a Form 144 on June 8, 2026, indicating intent to sell 50,000 shares of Cl
Jun 8, 2026

Top Institutional Holders

FundValueMove
VANGUARD PORTFOLIO MANAGEMENT LLC$100.3M—
BlackRock, Inc.$77.8M—
VANGUARD CAPITAL MANAGEMENT LLC$40.5M—
MORGAN STANLEY$37.3M—
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$36.6M—

Recent Insider Trades

DateInsiderTypeValue
Jun 8, 2026Calkins MatthewSELL$1.2M
May 13, 2026Dorsey MarkBUY$99.9K
May 6, 2026Zamudio-Ramirez PavelM$0.00
May 6, 2026Zamudio-Ramirez PavelF$75.3K
May 5, 2026Zamudio-Ramirez PavelA$0.00
50 institutional holders with $532.2M total value (22,051,343 shares) as of 2026-Q1. Top holders: VANGUARD, BlackRock,, VANGUARD. Net selling activity: 15 institutions trimmed/exited vs 13 added.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1VANGUARD PORTFOLIO MANAGEMENT LLC4,161,559$100.3M18.9%—
2BlackRock, Inc.3,226,087$77.8M14.6%—
3VANGUARD CAPITAL MANAGEMENT LLC1,678,280$40.5M7.6%—
4MORGAN STANLEY1,545,863$37.3M7.0%—
5ARROWSTREET CAPITAL, LIMITED PARTNERSHIP1,519,653$36.6M6.9%—
6FIRST TRUST ADVISORS LP1,355,961$32.7M6.1%—
7STATE STREET CORP1,023,442$24.7M4.6%—
8BAILLIE GIFFORD & CO905,908$21.8M4.1%—
9CITADEL ADVISORS LLC571,200$13.8M2.6%—
10CITADEL ADVISORS LLC518,009$12.5M2.3%—
11D. E. Shaw & Co., Inc.447,788$10.8M2.0%ADD +71.9%
12Nuveen, LLC414,956$10.0M1.9%TRIM -40.2%
13FMR LLC380,697$9.2M1.7%—
14CHARLES SCHWAB INVESTMENT MANAGEMENT INC370,662$8.9M1.7%—
15MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.353,022$8.5M1.6%TRIM -33.3%
16Trexquant Investment LP305,943$7.4M1.4%ADD +97.0%
17National Philanthropic Trust299,532$7.2M1.4%—
18GOLDMAN SACHS GROUP INC285,265$6.9M1.3%—
19VANGUARD FIDUCIARY TRUST CO277,406$6.7M1.3%—
20Connor, Clark & Lunn Investment Management Ltd.208,561$5.0M0.9%TRIM -43.2%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
Nuveen, LLCTRIM693,874414,956-40.2%$10.0M2026-Q1
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.TRIM529,377353,022-33.3%$8.5M2026-Q1
Trexquant Investment LPADD155,328305,943+97.0%$7.4M2026-Q1
Connor, Clark & Lunn Investment Management Ltd.TRIM367,113208,561-43.2%$5.0M2026-Q1
Point72 Asset Management, L.P.TRIM230,324147,228-36.1%$3.5M2026-Q1
Russell Investments Group, Ltd.TRIM243,051123,051-49.4%$3.0M2026-Q1
Gotham Asset Management, LLCADD48,18595,648+98.5%$2.3M2026-Q1
LOS ANGELES CAPITAL MANAGEMENT LLCDOUBLED39,00080,624+106.7%$1.9M2026-Q1
Brevan Howard Capital Management LPDOUBLED9,89758,898+495.1%$1.4M2026-Q1
CWM, LLCADD32,58553,820+65.2%$1.3M2026-Q1
Magnetar Financial LLCADD26,57048,071+80.9%$1.2M2026-Q1
FRANKLIN RESOURCES INCDOUBLED16,50147,238+186.3%$1.1M2026-Q1
Mariner, LLCADD24,13842,874+77.6%$1.0M2026-Q1
AmundiTRIM129,98542,804-67.1%$1.0M2026-Q1
Cerity Partners LLCADD26,65538,189+43.3%$920.7K2026-Q1
DEUTSCHE BANK AG\TRIM136,60536,070-73.6%$869.6K2026-Q1
TEACHER RETIREMENT SYSTEM OF TEXASADD21,48829,523+37.4%$711.8K2026-Q1
Universal- Beteiligungs- und Servicegesellschaft mbHADD14,72827,663+87.8%$667.0K2026-Q1
PRUDENTIAL FINANCIAL INCNEAR_EXIT243,79718,014-92.6%$434.3K2026-Q1
MARSHALL WACE, LLPNEAR_EXIT673,25215,792-97.7%$380.7K2026-Q1
JANUS HENDERSON GROUP PLCTRIM44,18015,165-65.7%$365.5K2026-Q1
CAPITAL FUND MANAGEMENT S.A.NEAR_EXIT97,22214,522-85.1%$350.1K2026-Q1
STIFEL FINANCIAL CORPADD6,8078,570+25.9%$206.6K2026-Q1
Mirae Asset Global Investments Co., Ltd.TRIM15,2145,794-61.9%$139.7K2026-Q1
BNP Paribas Asset Management Holding S.A.NEAR_EXIT4,932786-84.1%$18.9K2026-Q1
11 unique insiders with 32 transactions. Net insider value: -$1.1M ($99.9K bought, $1.2M sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Jun 8, 2026Calkins Matthew WCEO and PresidentSELL50,000$24.13$1.2M
May 13, 2026Dorsey MarkChief Revenue OfficerBUY5,220$19.13$99.9K
May 6, 2026Zamudio-Ramirez PavelChief Customer OfficerEXERCISE10,272——
May 6, 2026Zamudio-Ramirez PavelChief Customer OfficerTAX W/H3,314$22.72$75.3K
May 5, 2026Zamudio-Ramirez PavelChief Customer OfficerAWARD15,848——
May 5, 2026Zamudio-Ramirez PavelChief Customer OfficerEXERCISE2,935——
Apr 10, 2026Kilberg Bobbie GDirectorCONVERT10,800——
Apr 10, 2026Kilberg Bobbie GDirectorEXERCISE10,800——
Apr 10, 2026Kilberg Bobbie GDirectorEXERCISE10,800$11.17$120.6K
Apr 10, 2026Kilberg Bobbie GDirectorCONVERT10,800——
Apr 1, 2026Hartman Carl Joseph IIDirectorAWARD1,296——
Apr 1, 2026Edwards Shirley AnnDirectorAWARD1,296——
Apr 1, 2026Kilberg Bobbie GDirectorAWARD1,296——
Apr 1, 2026Lynch Mark StevenDirectorAWARD1,296——
Apr 1, 2026Link David ForrestDirectorAWARD1,296——
Apr 1, 2026McCarthy William D.DirectorAWARD1,296——
Mar 5, 2026Dorsey MarkChief Revenue OfficerTAX W/H1,155$26.99$31.2K
Mar 5, 2026Tanjga SrdjanChief Financial OfficerEXERCISE16,277——
Mar 5, 2026Tanjga SrdjanChief Financial OfficerTAX W/H7,048$26.99$190.2K
Mar 5, 2026Dorsey MarkChief Revenue OfficerEXERCISE3,750——
Mar 3, 2026Zamudio-Ramirez PavelChief Customer OfficerEXERCISE2,259——
Mar 3, 2026Kramer Robert CharlesGeneral ManagerEXERCISE3,770——
Mar 3, 2026Calkins Matthew WCEO and PresidentEXERCISE64,375——
Mar 3, 2026Lynch Mark StevenDirectorCONVERT9,430$9.46$89.2K
Mar 3, 2026Lynch Mark StevenDirectorEXERCISE9,430——
Mar 3, 2026Lynch Mark StevenDirectorEXERCISE9,430$9.46$89.2K
Mar 3, 2026Lynch Mark StevenDirectorCONVERT9,430——
Feb 26, 2026Calkins Matthew WCEO and PresidentAWARD64,375——
Feb 26, 2026Kramer Robert CharlesGeneral ManagerAWARD3,770——
Feb 26, 2026Zamudio-Ramirez PavelChief Customer OfficerAWARD2,259——
Feb 4, 2026Link David ForrestDirectorAWARD771——
Aug 20, 2025Dorsey MarkChief Revenue OfficerAWARD18,132——
4 SEC filing reports analyzed. Sentiment: 1 bullish, 0 bearish, 1 mixed, 2 neutral. Avg impact: 4.0/10.
MIXED INST-CLUSTER 4/10
A mixed institutional cluster in APPN for Q3 2025 shows 6 buyers adding $42.9M in aggregate, led by
Jun 11, 2026
NEUTRAL 144 3/10
Appian CEO and 10% owner Matthew Calkins filed a Form 144 on June 8, 2026, indicating intent to sell
Jun 8, 2026
BULLISH 8-K 7/10
Appian reported Q1 2026 earnings with non-GAAP EPS of $0.27, far exceeding the $0.05 consensus, and
May 7, 2026
NEUTRAL DEFA14A 2/10
Appian Corporation filed a definitive proxy statement (DEFA14A) for its annual shareholder meeting,
Apr 22, 2026
∅

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Strong Sell (8% buy). Based on 13 analysts: 1 strong buy, 0 buy, 8 hold, 2 sell, 2 strong sell.

Analyst Price Targets

$26.20 mean target +25.1% upside Strong Buy (3.00)
$22.00 Low $37.00 High
MetricValue
Current Price$20.95
Target Low$22.00
Target Mean$26.20
Target Median$24.00
Target High$37.00
# Analysts5
RecommendationStrong Buy (3.00)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
 $0.00 $-0.01 $0.01 -21.0% -96.4% — $0.2B 13.3% 7
Next Q
2026-09-30
 $0.32 $0.28 $0.38 1.0% +14.2% 7↑ 0↓ $0.2B 11.4% 7
Current FY
2026-12-31
 $0.99 $0.94 $1.01 61.6% +10.2% 6↑ 0↓ $0.8B 13.6% 7
Next FY
2027-12-31
 $1.26 $1.13 $1.43 27.4% +7.8% 7↑ 0↓ $0.9B 10.7% 7

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$0.003
7d ago$0.003
30d ago$0.086-0.083
60d ago$0.094-0.090
90d ago$0.094-0.090
5 analyst firms have rated this stock: 1 upgrades, 1 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 15, 2026 DA Davidson MAINTAIN Neutral Neutral
May 15, 2026 TD Cowen MAINTAIN Hold Hold
May 8, 2026 Citigroup MAINTAIN Buy Buy
May 8, 2026 Barclays MAINTAIN Underweight Underweight
Apr 30, 2026 Morgan Stanley DOWNGRADE Overweight Equal-Weight
Feb 20, 2026 Citigroup MAINTAIN Buy Buy
Feb 20, 2026 TD Cowen MAINTAIN Hold Hold
Feb 20, 2026 Barclays MAINTAIN Underweight Underweight
Jan 12, 2026 Barclays MAINTAIN Underweight Underweight
Jan 12, 2026 Morgan Stanley UPGRADE Equal-Weight Overweight

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 2026108228%
May 1, 2026108228%
Apr 1, 20263461050%
Mar 1, 20263461050%
Feb 1, 20263461050%
Jan 1, 2026108228%
Strong BuyBuyHoldSellStrong Sell
∅

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

∅

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

May 26, 2026
other
Appian Corporation to Present in Upcoming Investor Conferences
<p align="justify">MCLEAN, Va., May 26, 2026 (GLOBE NEWSWIRE) -- Appian (NASDAQ: APPN), today announced that Serge Tanjga, Chief Financial Officer,
May 13, 2026
short_interest
FTD: APPN — 24,589 shares ($0.5M) failed to deliver
Settlement: 20260513, Price: $20.52, FTD Value: $504,566.28, APPIAN CORP CL A
May 7, 2026
earnings
Appian Announces First Quarter 2026 Financial Results
Cloud subscriptions revenue increased 25% year-over-year to $124.5 million, while cash flow provided by operations totaled $48.8 million <pre>Cloud su
May 7, 2026
earnings_calendar
APPN Q1 2026 Earnings Before Market Open — 2026-05-07
Apr 23, 2026
short_volume
Short Volume: APPN — 57.3% short (0.5M / 0.8M)
Short: 484,769 | Exempt: 31 | TRF Vol: 845,521 | Short Ratio: 57.3% | Off-exchange volume (dark pool + OTC)
Apr 22, 2026
other
Appian Corporation to Host Investor Day on May 14, 2026
<p align="justify">MCLEAN, Va., April 22, 2026 (GLOBE NEWSWIRE) -- Appian (NASDAQ: APPN), today announced that it will hold an Investor Day on May 1
Apr 16, 2026
earnings
Appian To Announce First Quarter 2026 Financial Results on May 7, 2026
<p align="left">MCLEAN, Va., April 16, 2026 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=4PzTkCBGuGljqiiJfWWErH5m1dAS8oWt