Elizabeth Erin Barat Sells 1,978 Shares of AppFolio (NASDAQ:APPF) Stock

Posted by George Bondi on May 14th, 2026

AppFolio, Inc. (NASDAQ:APPF – Get Free Report) insider Elizabeth Erin Barat sold 1,978 shares of AppFolio stock in a transaction that occurred 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 sale, the insider directly owned 21,545 shares of the company’s stock, valued at $3,406,695.40. This represents a 8.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

AppFolio Stock Down 3.1%

APPF opened at $150.53 on Thursday. The stock’s fifty day moving average is $164.39 and its two-hundred day moving average is $200.25. The company has a market capitalization of $5.32 billion, a P/E ratio of 35.84 and a beta of 0.82. AppFolio, Inc. has a 52 week low of $142.73 and a 52 week high of $326.04.

AppFolio (NASDAQ:APPF – Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The software maker reported $1.61 EPS for the quarter, topping the consensus estimate 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%.AppFolio’s quarterly revenue was up 20.7% on a year-over-year basis. During the same period last year, the business posted $1.21 EPS. Equities analysts anticipate that AppFolio, Inc. will post 5.04 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Sei Investments Co. increased its holdings in shares of AppFolio by 76.2% in the 1st quarter. Sei Investments Co. now owns 70,495 shares of the software maker’s stock valued at $11,126,000 after acquiring an additional 30,488 shares during the period. Alamar Capital Management LLC purchased a new position in shares of AppFolio in the 1st quarter valued at $2,529,000. ABN Amro Investment Solutions purchased a new position in shares of AppFolio in the 1st quarter valued at $546,000. PNC Financial Services Group Inc. increased its holdings in shares of AppFolio by 7.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,723 shares of the software maker’s stock valued at $430,000 after acquiring an additional 199 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in shares of AppFolio by 3.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 296,627 shares of the software maker’s stock valued at $46,812,000 after acquiring an additional 9,600 shares during the period. 85.19% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on APPF. Weiss Ratings downgraded AppFolio from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, April 29th. Piper Sandler reduced their price objective on AppFolio from $245.00 to $210.00 and set an “overweight” rating on the stock in a report on Friday, April 24th. JPMorgan Chase & Co. reduced their price objective on AppFolio from $330.00 to $300.00 and set an “overweight” rating on the stock in a report on Friday, January 30th. KeyCorp restated an “overweight” rating on shares of AppFolio in a report on Monday, February 2nd. Finally, William Blair restated an “outperform” rating on shares of AppFolio in a report on Friday, January 30th. Nine equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $252.29.

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AppFolio Company Profile

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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.