Calamos Advisors LLC Invests $2.57 Million in Appian Corporation $APPN

Key Points

• Calamos Advisors LLC initiated a new position in Appian, purchasing 72,473 shares worth about $2.57 million, and institutional investors now own roughly 52.7% of the company.
• Appian posted an EPS beat of $0.15 vs. $0.11 expected with revenue of $202.9M (up 21.7% YoY) and set FY 2026 guidance of 0.820–0.960 EPS and Q1 guidance of 0.160–0.200 EPS.
• The stock trades near $22.15 with a market cap of about $1.64 billion, a 52-week range of $19.89–$46.06, and mixed analyst ratings that imply a consensus target around $29.33.

Calamos Advisors LLC purchased a new position in shares of Appian Corporation (NASDAQ:APPN - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 72,473 shares of the company's stock, valued at approximately $2,567,000. Calamos Advisors LLC owned about 0.10% of Appian as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently bought and sold shares of APPN. Tudor Investment Corp ET AL grew its holdings in shares of Appian by 203.9% in 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 last quarter. Citigroup Inc. lifted its holdings in Appian by 313.5% during the 3rd quarter. Citigroup Inc. now owns 200,851 shares of the company's stock valued at $6,140,000 after buying an additional 152,275 shares in the last quarter. Campbell & CO Investment Adviser LLC bought a new stake in Appian during the 3rd quarter valued at about $1,084,000. CWA Asset Management Group LLC purchased a new stake in Appian in the 4th quarter valued at about $1,584,000. Finally, Vanguard Group Inc. boosted its position in Appian by 13.0% in the 3rd quarter. Vanguard Group Inc. now owns 5,935,948 shares of the company's stock valued at $181,462,000 after buying an additional 681,643 shares during the period. Institutional investors own 52.70% of the company's stock.

Appian Stock Performance

Shares of APPN opened at $22.15 on Monday. The company has a 50 day moving average price of $24.19 and a 200-day moving average price of $30.43. Appian Corporation has a fifty-two week low of $19.89 and a fifty-two week high of $46.06. The stock has a market capitalization of $1.64 billion, a PE ratio of 2,215.00 and a beta of 1.00.

Appian (NASDAQ:APPN - Get Free Report) last issued its quarterly earnings data on Thursday, February 19th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.04. The company had revenue of $202.87 million for the quarter, compared to analyst estimates of $189.33 million. Appian had a net margin of 0.17% and a negative return on equity of 11.83%. The firm's 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. Equities research analysts forecast that Appian Corporation will post 0.33 EPS for the current year.

Analysts Set New Price Targets

APPN has been the topic of a number of research reports. Wall Street Zen lowered shares of Appian from a "strong-buy" rating to a "buy" rating in a research report on Friday, January 23rd. Weiss Ratings reiterated a "sell (d-)" rating on shares of Appian in a report on Monday, December 29th. DA Davidson set a $25.00 price objective on Appian in a research note on Friday, February 20th. Citigroup reduced their price objective on Appian from $48.00 to $38.00 and set a "buy" rating on the stock in a report on Friday, February 20th. Finally, Zacks Research upgraded Appian from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $29.33.

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.

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