AppFolio, Inc. (NASDAQ:APPF - Free Report) - Equities researchers at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for shares of AppFolio in a research report issued to clients and investors on Friday, January 31st. DA Davidson analyst G. Luria forecasts that the software maker will post earnings of $0.92 per share for the quarter. The consensus estimate for AppFolio's current full-year earnings is $4.21 per share.
Other equities research analysts have also recently issued reports about the company. Piper Sandler restated a "neutral" rating and set a $265.00 target price on shares of AppFolio in a research note on Friday, January 31st. KeyCorp downgraded AppFolio from an "overweight" rating to a "sector weight" rating and set a $253.00 price objective for the company. in a research report on Friday, January 10th. Stephens reiterated an "overweight" rating and issued a $295.00 target price on shares of AppFolio in a research report on Friday, January 31st. Keefe, Bruyette & Woods downgraded AppFolio from a "market perform" rating to an "underperform" rating and lowered their target price for the stock from $255.00 to $193.00 in a research note on Tuesday, October 15th. Finally, William Blair restated an "outperform" rating on shares of AppFolio in a research note on Friday, January 31st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $276.29.
View Our Latest Stock Report on APPF
AppFolio Stock Performance
Shares of AppFolio stock traded down $4.04 on Monday, reaching $226.55. 343,704 shares of the stock were exchanged, compared to its average volume of 304,646. The firm's 50 day moving average is $252.04 and its 200-day moving average is $234.91. The firm has a market cap of $8.23 billion, a PE ratio of 40.82 and a beta of 0.88. AppFolio has a one year low of $189.01 and a one year high of $274.56.
AppFolio (NASDAQ:APPF - Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The software maker reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.92 by ($0.34). AppFolio had a return on equity of 26.21% and a net margin of 25.69%.
Insider Buying and Selling at AppFolio
In related news, insider Matthew S. Mazza sold 838 shares of the company's stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $255.30, for a total transaction of $213,941.40. Following the sale, the insider now owns 22,701 shares in the company, valued at $5,795,565.30. This represents a 3.56 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO William Shane Trigg sold 3,500 shares of the firm's stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $229.85, for a total value of $804,475.00. Following the sale, the chief executive officer now directly owns 74,327 shares of the company's stock, valued at $17,084,060.95. This represents a 4.50 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 24,606 shares of company stock worth $5,958,832. Insiders own 5.24% of the company's stock.
Hedge Funds Weigh In On AppFolio
A number of institutional investors and hedge funds have recently modified their holdings of the business. Lord Abbett & CO. LLC raised its holdings in shares of AppFolio by 82.2% during the third quarter. Lord Abbett & CO. LLC now owns 459,285 shares of the software maker's stock valued at $108,116,000 after purchasing an additional 207,204 shares during the period. Raymond James Financial Inc. bought a new stake in AppFolio in the 4th quarter valued at about $30,195,000. Deepwater Asset Management LLC acquired a new position in AppFolio during the 4th quarter worth approximately $15,483,000. FMR LLC raised its stake in AppFolio by 998.0% during the 3rd quarter. FMR LLC now owns 60,894 shares of the software maker's stock worth $14,334,000 after buying an additional 55,348 shares during the period. Finally, Franklin Resources Inc. boosted its holdings in AppFolio by 31.2% in the third quarter. Franklin Resources Inc. now owns 228,655 shares of the software maker's stock worth $51,800,000 after acquiring an additional 54,386 shares in the last quarter. 85.19% of the stock is currently owned by institutional investors.
About AppFolio
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AppFolio, Inc, together with its subsidiaries, provides cloud business management solutions for the real estate industry in the United States. The company provides a cloud-based platform that enables users to automate and optimize common workflows; tools that assist with leasing, maintenance, and accounting; and other technology and services offered by third parties.
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