Appian Corporation (NASDAQ:APPN - Free Report) - Stock analysts at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for shares of Appian in a research report issued to clients and investors on Tuesday, July 22nd. DA Davidson analyst G. Luria forecasts that the company will post earnings per share of ($0.27) for the quarter. DA Davidson has a "Hold" rating on the stock. The consensus estimate for Appian's current full-year earnings is ($0.28) per share. DA Davidson also issued estimates for Appian's FY2025 earnings at ($0.34) EPS and FY2026 earnings at ($0.04) EPS.
Appian (NASDAQ:APPN - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.10. The company had revenue of $166.43 million during the quarter, compared to analyst estimates of $163.27 million. The firm's quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.24) EPS.
Several other equities research analysts have also recently commented on APPN. Morgan Stanley boosted their price target on Appian from $27.00 to $29.00 and gave the company an "equal weight" rating in a research note on Friday, May 9th. Barclays increased their price target on shares of Appian from $28.00 to $33.00 and gave the stock an "underweight" rating in a research note on Friday, May 9th. Citigroup lifted their price objective on shares of Appian from $40.00 to $41.00 and gave the company a "buy" rating in a research note on Tuesday, May 13th. Finally, Scotiabank lowered their target price on shares of Appian from $37.00 to $34.00 and set a "sector perform" rating on the stock in a research report on Thursday, April 24th. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Appian has a consensus rating of "Hold" and a consensus price target of $35.50.
Check Out Our Latest Stock Report on APPN
Appian Price Performance
APPN traded up $0.09 during trading on Thursday, reaching $29.61. 908,134 shares of the stock traded hands, compared to its average volume of 694,636. The stock's 50-day simple moving average is $30.29 and its two-hundred day simple moving average is $30.97. Appian has a fifty-two week low of $24.00 and a fifty-two week high of $43.33. The stock has a market cap of $2.20 billion, a price-to-earnings ratio of -35.67 and a beta of 1.72.
Institutional Investors Weigh In On Appian
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Point72 Hong Kong Ltd bought a new stake in Appian in the 4th quarter valued at $35,000. Concord Wealth Partners lifted its stake in shares of Appian by 21.7% in the first quarter. Concord Wealth Partners now owns 2,581 shares of the company's stock valued at $74,000 after buying an additional 461 shares during the period. Canada Pension Plan Investment Board grew its position in Appian by 27.8% during the fourth quarter. Canada Pension Plan Investment Board now owns 2,300 shares of the company's stock worth $76,000 after buying an additional 500 shares in the last quarter. Headlands Technologies LLC increased its stake in Appian by 2,052.0% during the first quarter. Headlands Technologies LLC now owns 4,218 shares of the company's stock valued at $122,000 after acquiring an additional 4,022 shares during the period. Finally, Russell Investments Group Ltd. raised its holdings in Appian by 1,244.8% in the 4th quarter. Russell Investments Group Ltd. now owns 3,779 shares of the company's stock valued at $125,000 after acquiring an additional 3,498 shares in the last quarter. Institutional investors and hedge funds own 52.70% of the company's stock.
Insider Buying and Selling at Appian
In other Appian news, major shareholder Abdiel Capital Advisors, Lp sold 300,000 shares of the firm's stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $31.83, for a total value of $9,549,000.00. Following the sale, the insider owned 8,430,391 shares of the company's stock, valued at $268,339,345.53. This trade represents a 3.44% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Over the last ninety days, insiders sold 2,018,625 shares of company stock worth $64,544,615. 43.00% of the stock is currently owned by insiders.
About Appian
(
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Appian Corporation, a software company that provides low-code design platform in the United States, Mexico, Portugal, and internationally. The company's platform offers artificial intelligence, process automation, data fabric, and process mining. It provides The Appian Platform, an integrated automation platform that enables organizations to design, automate, and optimize mission-critical business processes.
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