AppFolio (NASDAQ:APPF) Reaches New 12-Month Low – Here’s Why

Posted by Stanley Muller on Jun 22nd, 2026

Shares of AppFolio, Inc. (NASDAQ:APPF – Get Free Report) reached a new 52-week low during trading on Monday . The company traded as low as $142.56 and last traded at $143.4770, with a volume of 231948 shares changing hands. The stock had previously closed at $151.50.

Analyst Ratings Changes

APPF has been the subject of several recent analyst reports. UBS Group set a $210.00 target price on shares of AppFolio in a report on Friday, April 24th. Benchmark boosted their price target on shares of AppFolio from $222.00 to $226.00 and gave the company a “buy” rating in a report on Friday, April 24th. Wall Street Zen upgraded shares of AppFolio from a “hold” rating to a “buy” rating in a research report on Sunday, March 15th. Piper Sandler decreased their price objective on shares of AppFolio from $245.00 to $210.00 and set an “overweight” rating for the company in a research note on Friday, April 24th. Finally, Weiss Ratings cut shares of AppFolio from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 11th. Nine investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, AppFolio has an average rating of “Moderate Buy” and a consensus price target of $252.29.

View Our Latest Stock Report on AppFolio

AppFolio Trading Down 4.2%

The stock has a 50-day simple moving average of $160.61 and a 200 day simple moving average of $185.21. The stock has a market capitalization of $5.13 billion, a price-to-earnings ratio of 34.58 and a beta of 0.80.

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

Insider Activity at AppFolio

In other AppFolio news, CFO Timothy Mathias Eaton sold 2,585 shares of AppFolio stock in a transaction on Friday, June 12th. The shares were sold at an average price of $160.07, for a total transaction of $413,780.95. Following the completion of the sale, the chief financial officer owned 18,036 shares of the company’s stock, valued at $2,887,022.52. This trade represents a 12.54% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Evan Pickering sold 660 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $155.25, for a total transaction of $102,465.00. Following the transaction, the general counsel owned 6,555 shares in the company, valued at approximately $1,017,663.75. This represents a 9.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 8,957 shares of company stock worth $1,399,501 in the last 90 days. 1.57% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Principal Financial Group Inc. increased its position in AppFolio by 20.9% in the 1st quarter. Principal Financial Group Inc. now owns 1,505,882 shares of the software maker’s stock worth $237,665,000 after purchasing an additional 259,933 shares during the last quarter. Lead Edge Capital Management LLC acquired a new stake in shares of AppFolio during the 1st quarter valued at about $33,183,000. Hudson Way Capital Management LLC acquired a new stake in shares of AppFolio during the 3rd quarter valued at about $53,367,000. Greenstone Partners & Co. LLC bought a new stake in shares of AppFolio in the 4th quarter valued at approximately $43,647,000. Finally, Millennium Management LLC grew its stake in shares of AppFolio by 158.6% in the 4th quarter. Millennium Management LLC now owns 281,495 shares of the software maker’s stock valued at $65,490,000 after buying an additional 172,627 shares in the last quarter. Hedge funds and other institutional investors own 85.19% of the company’s stock.

About AppFolio

(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.