Jason Robert Randall Sells 4,310 Shares of AppFolio Inc (NASDAQ:APPF) Stock

AppFolio Inc (NASDAQ:APPF) CEO Jason Robert Randall sold 4,310 shares of the business’s stock in a transaction on Friday, October 4th. The shares were sold at an average price of $95.46, for a total transaction of $411,432.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Jason Robert Randall also recently made the following trade(s):

  • On Tuesday, October 1st, Jason Robert Randall sold 15,690 shares of AppFolio stock. The shares were sold at an average price of $95.16, for a total transaction of $1,493,060.40.

NASDAQ:APPF traded down $3.75 on Tuesday, hitting $93.05. 76,183 shares of the company’s stock were exchanged, compared to its average volume of 143,432. The firm has a 50-day moving average price of $96.62 and a 200-day moving average price of $95.80. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.53 and a quick ratio of 1.53. AppFolio Inc has a 52 week low of $51.15 and a 52 week high of $109.89. The company has a market cap of $3.17 billion, a P/E ratio of 166.16 and a beta of 1.18.



AppFolio (NASDAQ:APPF) last issued its quarterly earnings results on Monday, July 29th. The software maker reported $0.65 EPS for the quarter, topping the consensus estimate of $0.11 by $0.54. AppFolio had a net margin of 15.85% and a return on equity of 33.91%. The firm had revenue of $63.60 million for the quarter, compared to analysts’ expectations of $63.71 million. During the same period in the previous year, the firm posted $0.21 EPS. The company’s revenue for the quarter was up 34.7% on a year-over-year basis. On average, research analysts expect that AppFolio Inc will post 0.88 earnings per share for the current fiscal year.

APPF has been the topic of several research reports. Zacks Investment Research raised shares of AppFolio from a “hold” rating to a “buy” rating and set a $104.00 price objective on the stock in a research report on Thursday, October 3rd. DA Davidson cut shares of AppFolio from a “neutral” rating to an “underperform” rating in a research report on Tuesday, July 30th. ValuEngine cut shares of AppFolio from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. BidaskClub cut shares of AppFolio from a “buy” rating to a “hold” rating in a research report on Thursday, September 12th. Finally, KeyCorp started coverage on shares of AppFolio in a research report on Tuesday, July 16th. They set a “sector weight” rating and a $106.10 price target on the stock. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. AppFolio currently has an average rating of “Hold” and a consensus price target of $91.28.

Institutional investors have recently added to or reduced their stakes in the company. Aperio Group LLC acquired a new position in shares of AppFolio during the 2nd quarter worth about $69,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of AppFolio during the 2nd quarter worth about $72,000. Mitsubishi UFJ Securities Holdings Co. Ltd. acquired a new position in shares of AppFolio during the 1st quarter worth about $93,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of AppFolio during the 2nd quarter worth about $125,000. Finally, Atria Investments LLC acquired a new position in shares of AppFolio during the 2nd quarter worth about $126,000. Institutional investors own 32.97% of the company’s stock.

AppFolio Company Profile

AppFolio, Inc provides industry-specific cloud-based software solutions for small and medium-sized businesses in the property management and legal industries. It offers AppFolio Property Manager, a cloud-based software solution for the real estate market that provides property managers of various sizes and tools and services designed to streamline their property management businesses, such as posting and tracking vacancies, leasing vacant properties, and accounting, as well as facilitating tenant, owner, and vendor communications.

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Insider Buying and Selling by Quarter for AppFolio (NASDAQ:APPF)

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