Timothy Mathias Eaton Sells 373 Shares of AppFolio (NASDAQ:APPF) Stock

AppFolio, Inc. (NASDAQ:APPF) CFO Timothy Mathias Eaton sold 373 shares of the stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $202.61, for a total value of $75,573.53. Following the completion of the sale, the chief financial officer directly owned 16,714 shares of the company’s stock, valued at $3,386,423.54. This represents a 2.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Timothy Mathias Eaton also recently made the following trade(s):

• On Friday, June 12th, Timothy Mathias Eaton sold 2,585 shares of AppFolio stock. The stock was sold at an average price of $160.07, for a total transaction of $413,780.95.

AppFolio Price Performance

NASDAQ:APPF opened at $224.40 on Friday. The stock has a market cap of $7.95 billion, a P/E ratio of 51.23 and a beta of 0.78. AppFolio, Inc. has a one year low of $142.56 and a one year high of $288.73. The company has a fifty day moving average price of $177.53 and a 200 day moving average price of $170.78.

AppFolio (NASDAQ:APPF) last posted its quarterly earnings results on Thursday, July 23rd. The software maker reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.02. The company had revenue of $281.12 million for the quarter, compared to analyst estimates of $277.35 million. AppFolio had a net margin of 15.13% and a return on equity of 32.42%. The business’s quarterly revenue was up 19.3% on a year-over-year basis. During the same period last year, the business posted $1.38 EPS. As a group, equities research analysts anticipate that AppFolio, Inc. will post 5.16 EPS for the current year.

Institutional Trading of AppFolio

Several institutional investors have recently bought and sold shares of the stock. Woodline Partners LP raised its stake in 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 in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of AppFolio by 101.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 111 shares of the software maker’s stock valued at $26,000 after purchasing an additional 56 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in shares of AppFolio by 4.8% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,263 shares of the software maker’s stock worth $348,000 after purchasing an additional 58 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of AppFolio by 48.8% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 192 shares of the software maker’s stock worth $53,000 after purchasing an additional 63 shares in the last quarter. Finally, Northwestern Mutual Investment Management Company LLC increased its position in shares of AppFolio by 1.3% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 5,162 shares of the software maker’s stock worth $1,201,000 after purchasing an additional 64 shares in the last quarter. Institutional investors and hedge funds own 85.19% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Benchmark boosted their price objective on AppFolio from $222.00 to $226.00 and gave the company a “buy” rating in a research report on Friday, April 24th. DA Davidson set a $225.00 price target on shares of AppFolio in a research note on Friday, July 24th. KeyCorp restated an “overweight” rating on shares of AppFolio in a research note on Monday, July 6th. UBS Group set a $210.00 price objective on shares of AppFolio in a report on Friday, April 24th. Finally, Weiss Ratings upgraded shares of AppFolio from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $243.50.

Trending Headlines about AppFolio

Here are the key news stories impacting AppFolio this week:

• Positive Sentiment: Wall Street’s outlook remains favorable. AppFolio’s latest quarterly results exceeded estimates, with earnings of $1.71 per share versus a $1.69 consensus and revenue of $281.12 million versus expectations of $277.35 million. Revenue grew 19.3% year over year, supporting the case for continued growth. Analysts maintain a consensus “Buy” rating and an average price target of $243.50. Wall Street’s Bullish Views on AppFolio
• Positive Sentiment: AppFolio’s FUTURE 2026 conference is showcasing its property-management technology and “RPM” operating strategies, reinforcing the company’s industry positioning and efforts to help customers improve efficiency. The event did not include a new financial forecast or major contract announcement, limiting its immediate earnings impact. AppFolio FUTURE 2026 Conference
• Neutral Sentiment: CFO Timothy Mathias Eaton sold 373 shares for approximately $75,574, reducing his ownership by 2.18%. The sale was conducted under a pre-arranged Rule 10b5-1 plan, and he retains 16,714 shares, making it a relatively limited signal about management’s outlook. AppFolio CFO SEC Filing
• Negative Sentiment: Major shareholder Maurice J. Duca reported multiple sales totaling roughly 15,057 shares and $3.1 million across August 18–19. The sizable reduction may weigh on sentiment, although the transactions were also executed under 10b5-1 plans and therefore appear scheduled rather than tied to a newly announced business problem. Maurice J. Duca AppFolio Stake Sales

About AppFolio

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.