AppFolio (APPF) Expected to Announce Earnings on Thursday

AppFolio (NASDAQ:APPF) is expected to release its Q2 2025 earnings data after the market closes on Thursday, July 31st. Analysts expect AppFolio to post earnings of $1.28 per share and revenue of $230.10 million for the quarter.

AppFolio Trading Up 0.0%

Shares of NASDAQ:APPF opened at $260.58 on Wednesday. AppFolio has a 12 month low of $189.01 and a 12 month high of $273.00. The company has a 50-day moving average price of $231.46 and a 200 day moving average price of $225.93. The company has a market cap of $9.39 billion, a price-to-earnings ratio of 48.62 and a beta of 0.88.

Insider Buying and Selling

In related news, Director Timothy K. Bliss bought 7,000 shares of AppFolio stock in a transaction dated Monday, June 9th. The shares were acquired at an average cost of $217.95 per share, with a total value of $1,525,650.00. Following the completion of the transaction, the director owned 22,000 shares in the company, valued at $4,794,900. The trade was a 46.67% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO William Shane Trigg sold 5,900 shares of the firm’s stock in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of $211.45, for a total transaction of $1,247,555.00. Following the transaction, the chief executive officer directly owned 70,647 shares in the company, valued at approximately $14,938,308.15. This trade represents a 7.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders bought 18,500 shares of company stock worth $4,024,220 and sold 11,639 shares worth $2,547,802. Company insiders own 4.68% of the company’s stock.

Hedge Funds Weigh In On AppFolio

A number of institutional investors have recently modified their holdings of the stock. Woodline Partners LP increased its position in shares of AppFolio by 2.9% during the first quarter. Woodline Partners LP now owns 1,754 shares of the software maker’s stock worth $386,000 after acquiring an additional 50 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of AppFolio by 23.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 384 shares of the software maker’s stock valued at $84,000 after purchasing an additional 73 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in shares of AppFolio by 164.8% during the first quarter. Jones Financial Companies Lllp now owns 654 shares of the software maker’s stock valued at $144,000 after purchasing an additional 407 shares in the last quarter. Royal Bank of Canada boosted its stake in shares of AppFolio by 22.6% during the first quarter. Royal Bank of Canada now owns 45,452 shares of the software maker’s stock valued at $9,993,000 after purchasing an additional 8,367 shares in the last quarter. Finally, Millennium Management LLC boosted its stake in shares of AppFolio by 237.7% during the first quarter. Millennium Management LLC now owns 18,055 shares of the software maker’s stock valued at $3,970,000 after purchasing an additional 12,709 shares in the last quarter. 85.19% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on APPF. DA Davidson raised shares of AppFolio to a “strong-buy” rating in a report on Tuesday, July 22nd. Keefe, Bruyette & Woods reduced their price objective on shares of AppFolio from $210.00 to $205.00 and set an “underweight” rating on the stock in a research report on Friday, April 25th. Finally, Piper Sandler increased their price objective on shares of AppFolio from $208.00 to $240.00 and gave the stock a “neutral” rating in a research report on Thursday, July 17th. One analyst has rated the stock with a sell rating, three have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $253.60.

About AppFolio

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.