Inceptionr LLC Takes Position in AppFolio, Inc. $APPF

Posted by on Jul 26th, 2026

Inceptionr LLC acquired a new position in shares of AppFolio, Inc. (NASDAQ:APPF – Free Report) in the 1st quarter, according to its most recent filing with the SEC. The fund acquired 4,040 shares of the software maker’s stock, valued at approximately $638,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. boosted its position in AppFolio by 20.9% during the first quarter. Principal Financial Group Inc. now owns 1,505,882 shares of the software maker’s stock worth $237,665,000 after acquiring an additional 259,933 shares during the last quarter. Greenstone Partners & Co. LLC purchased a new position in AppFolio during the fourth quarter worth approximately $43,647,000. Millennium Management LLC grew its holdings in 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. Caledonia Private Investments Pty Ltd increased its stake in shares of AppFolio by 45.9% in the 4th quarter. Caledonia Private Investments Pty Ltd now owns 332,635 shares of the software maker’s stock worth $77,388,000 after acquiring an additional 104,609 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of AppFolio by 4.1% in the 4th quarter. Vanguard Group Inc. now owns 2,560,460 shares of the software maker’s stock worth $595,691,000 after acquiring an additional 101,466 shares during the last quarter. 85.19% of the stock is owned by institutional investors and hedge funds.

Insider Activity at AppFolio

In other AppFolio news, CEO William Shane Trigg sold 3,584 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $152.50, for a total value of $546,560.00. Following the sale, the chief executive officer directly owned 76,547 shares of the company’s stock, valued at approximately $11,673,417.50. This represents a 4.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Elizabeth Erin Barat sold 1,978 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $158.12, for a total transaction of $312,761.36. Following the completion of the sale, the insider owned 21,545 shares in the company, valued at $3,406,695.40. The trade was a 8.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 30,657 shares of company stock worth $5,310,740 over the last ninety days. 1.57% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts recently commented on APPF shares. KeyCorp reiterated an “overweight” rating on shares of AppFolio in a report on Monday, July 6th. Benchmark increased their price target on AppFolio from $222.00 to $226.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Piper Sandler reduced their price target on shares of AppFolio from $245.00 to $210.00 and set an “overweight” rating on the stock in a research note on Friday, April 24th. Guggenheim initiated coverage on shares of AppFolio in a report on Wednesday. They issued a “buy” rating and a $232.00 price objective on the stock. 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. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $243.50.

View Our Latest Stock Analysis on AppFolio

AppFolio Price Performance

APPF stock opened at $165.05 on Friday. The firm has a market capitalization of $5.84 billion, a P/E ratio of 37.68 and a beta of 0.79. The business’s 50-day moving average is $164.76 and its two-hundred day moving average is $173.91. AppFolio, Inc. has a 1 year low of $142.56 and a 1 year high of $326.04.

AppFolio (NASDAQ:APPF – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The software maker reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.69 by $0.02. AppFolio had a return on equity of 32.77% and a net margin of 15.13%.The business had revenue of $281.12 million during the quarter, compared to the consensus estimate of $277.35 million. During the same period in the previous year, the company posted $1.38 earnings per share. The business’s revenue for the quarter was up 19.3% on a year-over-year basis. On average, analysts expect that AppFolio, Inc. will post 5.04 EPS for the current year.

Key Stories Impacting AppFolio

Here are the key news stories impacting AppFolio this week:

AppFolio Company Profile

(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.

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Institutional Ownership by Quarter for AppFolio (NASDAQ:APPF)

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