Appian (APPN)

Company Profile

Appian helps organizations build apps and workflows rapidly, with a low-code automation platform. Combining people, technologies, and data in a single workflow, Appian can help companies maximize their resources and improve business results. Many of the world's largest organizations use Appian applications to improve customer experience, achieve operational excellence, and simplify global risk management and compliance.

Company profile

Ticker

APPN

Exchange

NASDAQ

Website

www.appian.com

CEO

Matthew Calkins

Location

Virginia

Fiscal year end

Dec 31

Sector

Information > Data Processing, Hosting, and Related Services

Industry (SIC)

Services - Prepackaged Software

Microsoft • Oracle • Mobileye Global • Gen Digital • BlackBerry • Activision Blizzard • Vmware • Adobe • Ceridian HCM Holding • McAfee ...

SEC CIK

0001441683

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Appian Europe Ltd. • Appian Software International LLC • Appian Netherlands BV • Appian Software Australia Pty Ltd • Appian France SARL • Appian Software Italy S.R.L. • Appian Software Germany GmbH • Appian Singapore Pte. Ltd. • Appian Spain, S.L. • Appian Sweden AB ...

APPN stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$41.67

Low target

$25.00

High target

$55.00

Morgan Stanley

Maintains

Equal-Weight

$42.00

4 Nov 22

Latest filings (excl ownership)

View all

3 Nov 22

Appian Announces Third Quarter 2022 Financial Results

3 Nov 22

8-K

Appian Announces Second Quarter 2022 Financial Results

4 Aug 22

Departure of Directors or Certain Officers

10 Jun 22

DEFA14A

Additional proxy soliciting materials

17 May 22

8-K

Results of Operations and Financial Condition

Transcripts

View all

APPN

Earnings call transcript

2022 Q3

4 Nov 22

APPN

Earnings call transcript

2022 Q2

5 Aug 22

APPN

Earnings call transcript

2022 Q1

5 May 22

APPN

Earnings call transcript

2021 Q4

18 Feb 22

APPN

Earnings call transcript

2021 Q3

5 Nov 21

APPN

Earnings call transcript

2021 Q2

6 Aug 21

APPN

Earnings call transcript

2021 Q1

7 May 21

APPN

Earnings call transcript

2020 Q4

19 Feb 21

APPN

Earnings call transcript

2020 Q3

7 Nov 20

APPN

Earnings call transcript

2020 Q2

6 Aug 20

Latest ownership filings

View all

Abdiel Qualified Master Fund LP

26 Jan 23

Colin T. Moran

24 Jan 23

Initial statement of insider ownership

Abdiel Qualified Master Fund LP

Financial summary

Financial statements Chart APPN financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	53.86 mm	53.86 mm	53.86 mm	53.86 mm	53.86 mm	53.86 mm
Cash burn (monthly)	8.41 mm	6.38 mm	14.58 mm	11.95 mm	14.57 mm	9.45 mm
Cash used (since last report)	34.82 mm	26.39 mm	60.34 mm	49.45 mm	60.28 mm	39.10 mm
Cash remaining	19.03 mm	27.47 mm	-6.49 mm	4.41 mm	-6.43 mm	14.75 mm
Runway (months of cash)	2.3	4.3	-0.4	0.4	-0.4	1.6

Beta Read what these cash burn values mean

Financial data from Appian earnings reports.

Institutional ownership, Q3 2022

APPN institutional ownership history Ownership history

90.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	228	238	-4.2%
Opened positions	26	30	-13.3%
Closed positions	36	58	-37.9%
Increased positions	56	49	+14.3%
Reduced positions	74	88	-15.9%

13F shares	Current	Prev Q	Change
Total value	1.52 bn	1.73 bn	-12.1%
Total shares	37.01 mm	37.28 mm	-0.7%
Total puts	369.00 k	355.10 k	+3.9%
Total calls	610.90 k	597.60 k	+2.2%
Total put/call ratio	0.6	0.6	+1.7%

Largest owners	Shares	Value	Change
Abdiel Capital Advisors	8.33 mm	$340.04 mm	0.0%
Abdiel Qualified Master Fund	8.10 mm	$336.86 mm	0.0%
Baillie Gifford & Co	5.63 mm	$229.68 mm	-1.8%
Vanguard	3.86 mm	$157.48 mm	+3.7%
BLK Blackrock	2.89 mm	$118.03 mm	-2.0%
First Trust Advisors	1.03 mm	$41.91 mm	-0.2%
Geode Capital Management	735.15 k	$30.02 mm	+3.0%
StackLine Partners	604.14 k	$24.67 mm	+13.0%
MS Morgan Stanley	378.80 k	$15.47 mm	-7.8%
NTRS Northern Trust	361.45 k	$14.76 mm	-1.9%

Largest transactions	Shares	Bought/sold	Change
STT State Street	0.00	-819.79 k	EXIT
Mirae Asset Global Investments	303.57 k	+285.76 k	+1604.5%
Citadel Advisors	276.20 k	+188.60 k	+215.3%
Vanguard	3.86 mm	+138.43 k	+3.7%
Two Sigma Investments	10.71 k	-128.14 k	-92.3%
Millennium Management	277.40 k	+116.71 k	+72.6%
Baillie Gifford & Co	5.63 mm	-104.58 k	-1.8%
Teachers Retirement System Of The State Of Kentucky	102.63 k	+102.63 k	NEW
StackLine Partners	604.14 k	+69.66 k	+13.0%
Silvercrest Asset Management	231.65 k	+60.42 k	+35.3%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

APPN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Feb 23	Abdiel Capital Advisors	Class A Common Stock	Buy	Acquire P	Yes	No	42	4	168.00	9,889,994
1 Feb 23	Abdiel Capital Advisors	Class A Common Stock	Buy	Acquire P	Yes	No	42	528	22.18 k	9,889,990
1 Feb 23	Abdiel Capital Advisors	Class A Common Stock	Buy	Acquire P	Yes	No	41.34	93	3.84 k	9,889,462
1 Feb 23	Abdiel Capital Advisors	Class A Common Stock	Buy	Acquire P	Yes	No	41.34	12,367	511.25 k	9,889,369
1 Feb 23	Abdiel Capital Advisors	Class A Common Stock	Buy	Acquire P	Yes	No	40.96	6	245.76	9,877,002
1 Feb 23	Abdiel Capital Advisors	Class A Common Stock	Buy	Acquire P	Yes	No	40.96	770	31.54 k	9,876,996
31 Jan 23	Abdiel Capital Advisors	Class A Common Stock	Buy	Acquire P	Yes	No	41.33	30,000	1.24 mm	9,876,226
30 Jan 23	Abdiel Capital Advisors	Class A Common Stock	Buy	Acquire P	Yes	No	41.24	590	24.33 k	9,846,226
30 Jan 23	Abdiel Capital Advisors	Class A Common Stock	Buy	Acquire P	Yes	No	41.24	18,752	773.33 k	9,845,636
30 Jan 23	Abdiel Capital Advisors	Class A Common Stock	Buy	Acquire P	Yes	No	40.92	630	25.78 k	9,826,884