AppFolio (NASDAQ:APPF) Insider Don Rigler Sells 150 Shares

Posted by George Bondi on Jun 16th, 2026

AppFolio, Inc. (NASDAQ:APPF – Get Free Report) insider Don Rigler sold 150 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $159.56, for a total value of $23,934.00. Following the completion of the transaction, the insider owned 4,282 shares of the company’s stock, valued at $683,235.92. The trade was a 3.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

AppFolio Stock Performance

Shares of NASDAQ APPF opened at $158.21 on Tuesday. AppFolio, Inc. has a 52-week low of $142.73 and a 52-week high of $326.04. The business has a fifty day moving average of $160.98 and a two-hundred day moving average of $187.34. The stock has a market cap of $5.59 billion, a PE ratio of 37.67 and a beta of 0.80.

AppFolio (NASDAQ:APPF – Get Free Report) last posted its earnings results on Thursday, April 23rd. The software maker reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.14. AppFolio had a net margin of 15.27% and a return on equity of 32.35%. The business had revenue of $262.21 million for the quarter, compared to analyst estimates of $258.13 million. During the same quarter in the prior year, the firm earned $1.21 EPS. The firm’s quarterly revenue was up 20.7% compared to the same quarter last year. Analysts predict that AppFolio, Inc. will post 5.04 earnings per share for the current year.

Institutional Trading of AppFolio

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. M&T Bank Corp lifted its holdings in shares of AppFolio by 1,643.8% during the 4th quarter. M&T Bank Corp now owns 96,153 shares of the software maker’s stock valued at $22,370,000 after purchasing an additional 90,639 shares in the last quarter. Nordea Investment Management AB bought a new position in shares of AppFolio during the 4th quarter valued at about $8,795,000. Vanguard Group Inc. lifted its holdings in shares of AppFolio by 4.1% during the 4th quarter. Vanguard Group Inc. now owns 2,560,460 shares of the software maker’s stock valued at $595,691,000 after purchasing an additional 101,466 shares in the last quarter. Citigroup Inc. lifted its holdings in shares of AppFolio by 140.3% during the 3rd quarter. Citigroup Inc. now owns 15,641 shares of the software maker’s stock valued at $4,312,000 after purchasing an additional 9,132 shares in the last quarter. Finally, Light Street Capital Management LLC bought a new position in shares of AppFolio during the 3rd quarter valued at about $5,513,000. 85.19% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on APPF shares. Wall Street Zen raised shares of AppFolio from a “hold” rating to a “buy” rating in a report on Sunday, March 15th. UBS Group set a $210.00 target price on shares of AppFolio in a report on Friday, April 24th. Piper Sandler lowered their target price on shares of AppFolio from $245.00 to $210.00 and set an “overweight” rating on the stock in a report on Friday, April 24th. Benchmark upped their target price on shares of AppFolio from $222.00 to $226.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Finally, Weiss Ratings lowered shares of AppFolio from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday. Nine equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $252.29.

Read Our Latest Research Report on AppFolio

AppFolio Company Profile

(Get Free Report)

AppFolio, Inc is a Santa Barbara–based provider of cloud-based software solutions for the property management and legal industries. Founded in 2006 by former software executives, the company went public on the NASDAQ under the symbol APPF in 2015. Its original offering, AppFolio Property Manager, automates accounting, marketing, leasing, and maintenance functions for residential, commercial, student housing, and community association managers.

In 2019, AppFolio expanded its portfolio with the acquisition of MyCase, a web-based legal practice management platform for small to mid-size law firms.