Tudor Investment Corp ET AL Purchases 248,169 Shares of Appian Corporation $APPN

Tudor Investment Corp ET AL increased its position in shares of Appian Corporation (NASDAQ:APPN) by 203.9% during the 3rd quarter, HoldingsChannel reports. The fund owned 369,871 shares of the company’s stock after purchasing an additional 248,169 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Appian were worth $11,307,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in Appian by 13.0% during the 3rd quarter. Vanguard Group Inc. now owns 5,935,948 shares of the company’s stock valued at $181,462,000 after purchasing an additional 681,643 shares during the period. Arrowstreet Capital Limited Partnership raised its stake in shares of Appian by 86.9% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,291,124 shares of the company’s stock worth $39,470,000 after buying an additional 600,336 shares during the last quarter. Wolf Hill Capital Management LP raised its stake in shares of Appian by 298.1% during the third quarter. Wolf Hill Capital Management LP now owns 995,210 shares of the company’s stock worth $30,424,000 after buying an additional 745,210 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its holdings in Appian by 33.9% in the third 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. Finally, Marshall Wace LLP boosted its stake in Appian by 150.8% in the second quarter. Marshall Wace LLP now owns 609,354 shares of the company’s stock valued at $18,195,000 after acquiring an additional 366,349 shares during the last quarter. Institutional investors own 52.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on APPN. Morgan Stanley set a $41.00 target price on shares of Appian in a research report on Friday, February 20th. UBS Group set a $21.00 price objective on Appian in a report on Friday, February 20th. Barclays cut their target price on Appian from $34.00 to $21.00 and set an “underweight” rating on the stock in a research note on Friday, February 20th. Citigroup decreased their price objective on shares of Appian from $48.00 to $38.00 and set a “buy” rating for the company in a report on Friday, February 20th. Finally, Wall Street Zen downgraded Appian from a “strong-buy” rating to a “buy” rating in a report on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $30.00.

Appian Trading Down 2.2%

NASDAQ APPN opened at $25.29 on Friday. The company has a market cap of $1.87 billion, a PE ratio of 2,528.90 and a beta of 0.92. The stock has a 50 day moving average of $26.66 and a 200-day moving average of $31.91. Appian Corporation has a 12 month low of $21.77 and a 12 month high of $46.06.

Appian (NASDAQ:APPN) last announced its quarterly earnings results 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 business had revenue of $202.87 million during the quarter, compared to the consensus estimate of $189.33 million. Appian had a negative return on equity of 11.83% and a net margin of 0.17%.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. As a group, sell-side analysts predict that Appian Corporation will post -0.28 EPS for the current fiscal year.

About Appian

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.