AppFolio (NASDAQ:APPF) CFO Sells $413,780.95 in Stock

Posted by Brian Himes on Jun 15th, 2026

AppFolio, Inc. (NASDAQ:APPF – Get Free Report) CFO Timothy Mathias Eaton sold 2,585 shares of the stock in a transaction dated Friday, June 12th. The stock was 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 directly owned 18,036 shares in the company, valued at approximately $2,887,022.52. This trade represents a 12.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

AppFolio Stock Performance

Shares of NASDAQ:APPF traded down $3.00 during trading hours on Monday, hitting $158.21. 276,517 shares of the company’s stock traded hands, compared to its average volume of 368,443. AppFolio, Inc. has a 52 week low of $142.73 and a 52 week high of $326.04. The company’s fifty day simple moving average is $160.98 and its two-hundred day simple moving average is $187.34. The company has a market cap of $5.59 billion, a price-to-earnings ratio of 37.67 and a beta of 0.80.

AppFolio (NASDAQ:APPF – Get Free Report) last announced its earnings results 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 during the quarter, compared to analysts’ expectations of $258.13 million. AppFolio had a net margin of 15.27% and a return on equity of 32.35%. The business’s revenue for the quarter was up 20.7% on a year-over-year basis. During the same period last year, the company posted $1.21 earnings per share. On average, analysts anticipate that AppFolio, Inc. will post 5.04 EPS for the current fiscal year.

Analyst Ratings Changes

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

View Our Latest Research Report on APPF

Institutional Investors Weigh In On AppFolio

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Optiver Holding B.V. grew its stake in shares of AppFolio by 827.8% in the first quarter. Optiver Holding B.V. now owns 167 shares of the software maker’s stock worth $26,000 after acquiring an additional 149 shares during the last quarter. Bank of America Corp DE grew its stake in shares of AppFolio by 21.7% in the first quarter. Bank of America Corp DE now owns 345,603 shares of the software maker’s stock worth $54,543,000 after acquiring an additional 61,641 shares during the last quarter. Edgestream Partners L.P. grew its stake in shares of AppFolio by 90.6% in the first quarter. Edgestream Partners L.P. now owns 70,110 shares of the software maker’s stock worth $11,065,000 after acquiring an additional 33,331 shares during the last quarter. South Dakota Investment Council grew its stake in shares of AppFolio by 37.0% in the first quarter. South Dakota Investment Council now owns 6,660 shares of the software maker’s stock worth $1,051,000 after acquiring an additional 1,800 shares during the last quarter. Finally, Amundi grew its stake in shares of AppFolio by 140.0% in the first quarter. Amundi now owns 3,859 shares of the software maker’s stock worth $609,000 after acquiring an additional 2,251 shares during the last quarter. Institutional investors and hedge funds 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.