Market Cap
$2.5B
APPN
APPIAN CORP
$36.68 ▼ -2.89%
Prev close $37.77Market cap$2.5B
ConsensusStrong Sell
12-mo target$34.00 (-7.3%)
▼ Bearish
Analyst conviction 1/10
High Impact Filing (7/10)23 New Institutional Positions12 Institutional Exits Software & IT
Snapshot
The big-picture read on APPN right now — valuation, ownership and activity at a glance.
Cap Size
Mid Cap
Analyst Consensus
Sell (8%)
Inst. Holders
50 funds
Inst. Value
$587.2M
Inst. Activity
23 buys / 12 sells
Insider Activity
$100.0K buy / $5.6M sell
Insider Net $
-$5.5M
SEC Reports
6
Price chart 30d -10.1%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Sep 24, 2026 other
Le rapport Critical Capabilities™ 2026 de Gartner® consacré aux technologies d'orchestration et d'automatisation des processus métier classe Appian n° 1 pour les cas d'utilisation « Automatisation déterministe des flux de travail » et « Consolidation des plateformes »
Appian a également été désigné leader dans le rapport Magic Quadrant™ de Gartner® consacré aux techn
Sep 9, 2026 Insider
Kilberg Bobbie G acquired via exercise 10,800 shares
Director
Sep 9, 2026 Insider
Kilberg Bobbie G disposed of 10,800 shares
Director
Sep 9, 2026 Insider
Aug 15, 2026 SEC Kilberg Bobbie G acquired 10,800 shares
Director
Appian (APPN) saw a strong institutional accumulation cluster in Q2 2026, with 11 buyers adding $7.0M in net new positio
INST-CLUSTER — Impact 6/10
Appian reported Q2 2026 results with total revenue of $203.3M (+19% YoY), slightly above the $193.4M consensus. Non-GAAP
8-K — Impact 7/10
Jun 30, 2026 Inst.
Qube Research & Technologies — ADD
538,626 shares ($12.3M)
Jun 30, 2026 Inst.
MORGAN STANLEY — TRIM
418,899 shares ($9.6M)
Analyst ratings buy % +0.0%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
8% rate it Buy or better · 13 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Aug 14, 2026 | DA Davidson | MAINTAIN | Neutral | 53% |
| Aug 8, 2026 | DA Davidson | MAINTAIN | Neutral | 53% |
| Aug 7, 2026 | Citigroup | MAINTAIN | Buy | 55% |
| Aug 7, 2026 | Morgan Stanley | MAINTAIN | Equal-Weight | 55% |
| May 15, 2026 | DA Davidson | MAINTAIN | Neutral | 53% |
| May 15, 2026 | TD Cowen | MAINTAIN | Hold | 56% |
| May 8, 2026 | Citigroup | MAINTAIN | Buy | 55% |
| May 8, 2026 | Barclays | MAINTAIN | Underweight | 54% |
| Apr 30, 2026 | Morgan Stanley | DOWNGRADE | Equal-Weight | 55% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 1 | 0 | 8 | 2 | 2 | 8% | |
| Aug 1, 2026 | 1 | 0 | 8 | 2 | 2 | 8% | |
| Jul 1, 2026 | 1 | 0 | 8 | 2 | 2 | 8% | |
| Jun 1, 2026 | 1 | 0 | 8 | 2 | 2 | 8% | |
| May 1, 2026 | 1 | 0 | 8 | 2 | 2 | 8% | |
| Apr 1, 2026 | 3 | 4 | 6 | 1 | 0 | 50% | |
| Mar 1, 2026 | 3 | 4 | 6 | 1 | 0 | 50% | |
| Feb 1, 2026 | 3 | 4 | 6 | 1 | 0 | 50% |
Price targets
Where 5 covering analysts think APPN trades over the next 12 months.
$34.00 -7.3% upside Sell
Current$36.68 Low$26.00 Median$32.00 High$42.00 5 analysts
$26.00$42.00
Analyst rating None as of Oct 2, 2026
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
6 SEC filing reports analyzed · 3 bullish, 0 bearish, 1 mixed, 2 neutral · avg impact 4.8/10.
BULLISHINST-CLUSTER6/10
Appian (APPN) saw a strong institutional accumulation cluster in Q2 2026, with 11 buyers adding $7.0
Aug 15, 2026
BULLISH8-K7/10
Appian reported Q2 2026 results with total revenue of $203.3M (+19% YoY), slightly above the $193.4M
Aug 6, 2026
MIXEDINST-CLUSTER4/10
A mixed institutional cluster in APPN for Q3 2025 shows 6 buyers adding $42.9M in aggregate, led by
Jun 11, 2026
NEUTRAL1443/10
Appian CEO and 10% owner Matthew Calkins filed a Form 144 on June 8, 2026, indicating intent to sell
Jun 8, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Sep 24, 2026
other
Le rapport Critical Capabilities™ 2026 de Gartner® consacré aux technologies d'orchestration et d'automatisation des processus métier classe Appian n° 1 pour les cas d'utilisation « Automatisation déterministe des flux de travail » et « Consolidation des plateformes »
Appian a également été désigné leader dans le rapport Magic Quadrant™ de Gartner® consacré aux technologies d'orchestration et d'automatisation des pr
Sep 24, 2026
other
El informe Gartner® 2026 sitúa a Appian en el primer puesto en flujos de trabajo y consolidación de plataformas
Appian también ha sido nombrada líder en el informe Gartner® Magic Quadrant™ para tecnologías de orquestación y automatización empresarial MCLEAN, Va.
Sep 23, 2026
other
Appian domina la classifica nel report Gartner® Critical Capabilities™ 2026 sulle tecnologie di orchestrazione e automazione aziendale, per i casi d'uso relativi all'automazione deterministica dei flussi di lavoro e al consolidamento delle piattaforme
Appian è stata inoltre nominata leader nel rapporto Gartner® Magic Quadrant™ per le tecnologie di orchestrazione e automazione aziendale (BOAT) MILANO
Sep 21, 2026
routine
2026 Gartner® Critical Capabilities™ for Business Orchestration and Automation Technologies Report Ranks Appian #1 for the Deterministic Workflow Automation Use Case and Platform Consolidation Use Case
Appian also named a Leader in the Gartner® Magic Quadrant™ for Business Orchestration and Automation Technologies (BOAT) report LONDON, Sept. 21, 2026
Sep 18, 2026
routine
2026 Gartner® Critical Capabilities™ for Business Orchestration and Automation Technologies Report Ranks Appian #1 for the Deterministic Workflow Automation Use Case and Platform Consolidation Use Case
Appian also named a Leader in the Gartner® Magic Quadrant™ for Business Orchestration and Automation Technologies (BOAT) report MCLEAN, Va., Sept. 18,
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $0.33 | $0.32–$0.34 | 3.4% | +0.0% | 3↑ 3↓ | $0.2B | 7 |
| Next Q | $0.37 | $0.34–$0.40 | 143.9% | +0.0% | 3↑ 3↓ | $0.2B | 7 |
| Current FY | $1.08 | $1.06–$1.11 | 77.3% | +0.0% | 6↑ 0↓ | $0.8B | 7 |
| Next FY | $1.42 | $1.19–$1.57 | 31.1% | +0.0% | 7↑ 0↓ | $0.9B | 7 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $0.331 | — |
| 7d ago | $0.331 | — |
| 30d ago | $0.331 | — |
| 60d ago | $0.327 | +0.004 |
| 90d ago | $0.327 | +0.004 |
Institutional ownership
Which big funds own APPN (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $587.2M total value (25,645,956 shares) as of 2026-Q2. Top holders: VANGUARD, BlackRock,, VANGUARD. Net buying activity: 23 institutions added/increased vs 12 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| VANGUARD PORTFOLIO MANAGEMENT LLC | 4,185,786 | $95.9M | 16.3% | — |
| BlackRock, Inc. | 3,580,307 | $82.0M | 14.0% | — |
| VANGUARD CAPITAL MANAGEMENT LLC | 1,674,881 | $38.4M | 6.5% | — |
| AQR CAPITAL MANAGEMENT LLC | 1,411,062 | $32.3M | 5.5% | ADD +42.5% |
| FIRST TRUST ADVISORS LP | 1,401,079 | $32.1M | 5.5% | — |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1,384,665 | $31.7M | 5.4% | — |
| STATE STREET CORP | 1,085,269 | $24.9M | 4.2% | — |
| GEODE CAPITAL MANAGEMENT, LLC | 1,059,811 | $24.3M | 4.1% | — |
| BAILLIE GIFFORD & CO | 735,158 | $16.8M | 2.9% | — |
| JACOBS LEVY EQUITY MANAGEMENT, INC | 689,825 | $15.8M | 2.7% | — |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| Qube Research & Technologies Ltd | ADD | 292,737 | 538,626 | +84.0% | $12.3M |
| MORGAN STANLEY | TRIM | 1,545,863 | 418,899 | -72.9% | $9.6M |
| Trexquant Investment LP | ADD | 305,943 | 396,681 | +29.7% | $9.1M |
| D. E. Shaw & Co., Inc. | TRIM | 447,788 | 332,093 | -25.8% | $7.6M |
| Nuveen, LLC | TRIM | 414,956 | 308,398 | -25.7% | $7.1M |
| Russell Investments Group, Ltd. | DOUBLED | 123,051 | 274,414 | +123.0% | $6.2M |
| JPMORGAN CHASE & CO | ADD | 145,224 | 216,269 | +48.9% | $4.9M |
| Holocene Advisors, LP | DOUBLED | 12,136 | 206,041 | +1597.8% | $4.7M |
| Connor, Clark & Lunn Investment Management Ltd. | TRIM | 208,561 | 126,513 | -39.3% | $2.9M |
| BARCLAYS PLC | ADD | 74,748 | 93,488 | +25.1% | $2.1M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
11 insiders, 50 transactions. Net -$5.5M — $100.0K bought, $5.6M sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 9, 2026 | Kilberg Bobbie G | Director | EXERCISE | 10,800 | — | — |
| Sep 9, 2026 | Kilberg Bobbie G | Director | CONVERT | 10,800 | — | — |
| Sep 9, 2026 | Kilberg Bobbie G | Director | CONVERT | 10,800 | — | — |
| Sep 9, 2026 | Kilberg Bobbie G | Director | EXERCISE | 10,800 | $11.17 | $120.6K |
| Sep 8, 2026 | Calkins Matthew W | CEO and President | SELL | 23,888 | $34.73 | $829.6K |
| Sep 8, 2026 | Calkins Matthew W | CEO and President | SELL | 19,116 | $35.58 | $680.1K |
| Sep 8, 2026 | Calkins Matthew W | CEO and President | SELL | 1,996 | $37.07 | $74.0K |
| Aug 7, 2026 | Calkins Matthew W | CEO and President | SELL | 31,547 | $34.79 | $1.1M |
| Aug 7, 2026 | Calkins Matthew W | CEO and President | SELL | 1,609 | $33.09 | $53.2K |
| Aug 7, 2026 | Calkins Matthew W | CEO and President | SELL | 2,580 | $31.66 | $81.7K |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for APPN.
Shares short
3,787,904
Settlement Sep 15, 2026
Change vs prior
+8.8%
Semi-monthly cycle
Days to cover
3.8
At avg daily volume
Of shares outstanding
≈5.3%
Estimate — not % of float
All APPN filing & press-release reports (6)
- INST-CLUSTER reportAug 15, 2026
- 8-K reportAug 6, 2026
- INST-CLUSTER reportJun 11, 2026
- 144 reportJun 8, 2026
- 8-K reportMay 7, 2026
- DEFA14A reportApr 22, 2026