3,457 Shares in AppFolio, Inc. $APPF Bought by ABN Amro Investment Solutions

ABN Amro Investment Solutions acquired a new stake in shares of AppFolio, Inc. (NASDAQ:APPF) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 3,457 shares of the software maker’s stock, valued at approximately $546,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in APPF. PNC Financial Services Group Inc. lifted its stake in AppFolio by 7.9% in the first quarter. PNC Financial Services Group Inc. now owns 2,723 shares of the software maker’s stock valued at $430,000 after acquiring an additional 199 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of AppFolio by 3.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 296,627 shares of the software maker’s stock valued at $46,812,000 after purchasing an additional 9,600 shares in the last quarter. Parallel Advisors LLC raised its holdings in shares of AppFolio by 25.1% during the 1st quarter. Parallel Advisors LLC now owns 703 shares of the software maker’s stock valued at $111,000 after purchasing an additional 141 shares in the last quarter. Swiss National Bank lifted its stake in shares of AppFolio by 1.2% in the 1st quarter. Swiss National Bank now owns 43,360 shares of the software maker’s stock valued at $6,843,000 after purchasing an additional 520 shares during the last quarter. Finally, Bessemer Group Inc. lifted its stake in shares of AppFolio by 8.9% in the 1st quarter. Bessemer Group Inc. now owns 2,717 shares of the software maker’s stock valued at $429,000 after purchasing an additional 223 shares during the last quarter. 85.19% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on APPF shares. UBS Group set a $210.00 price objective on AppFolio in a report on Friday, April 24th. Weiss Ratings cut AppFolio from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 11th. DA Davidson set a $225.00 price target on AppFolio in a report on Friday. Piper Sandler dropped their price target on shares of AppFolio from $245.00 to $210.00 and set an “overweight” rating on the stock in a research report on Friday, April 24th. Finally, Guggenheim started coverage on shares of AppFolio in a research note on Wednesday. They issued a “buy” rating and a $232.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $243.50.

AppFolio Stock Performance

NASDAQ APPF opened at $165.05 on Friday. AppFolio, Inc. has a twelve month low of $142.56 and a twelve month high of $326.04. The stock has a market capitalization of $5.84 billion, a PE ratio of 37.68 and a beta of 0.79. The stock has a 50-day simple moving average of $164.76 and a 200 day simple moving average of $173.91.

AppFolio (NASDAQ:APPF) last announced its earnings results on Thursday, July 23rd. The software maker reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.02. The firm had revenue of $281.12 million during the quarter, compared to the consensus estimate of $277.35 million. AppFolio had a return on equity of 32.77% and a net margin of 15.13%.The firm’s revenue for the quarter was up 19.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.38 EPS. As a group, equities research analysts forecast that AppFolio, Inc. will post 5.04 EPS for the current fiscal year.

Insider Activity at AppFolio

In related news, insider Elizabeth Erin Barat sold 1,978 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $158.12, for a total transaction of $312,761.36. Following the transaction, the insider directly owned 21,545 shares in the company, valued at $3,406,695.40. The trade was a 8.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Timothy Mathias Eaton sold 2,585 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $160.07, for a total value of $413,780.95. Following the transaction, the chief financial officer owned 18,036 shares in the company, valued at $2,887,022.52. This represents a 12.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 30,657 shares of company stock worth $5,310,740. Insiders own 1.57% of the company’s stock.

Key Headlines Impacting AppFolio

Here are the key news stories impacting AppFolio this week:

• Positive Sentiment: AppFolio delivered Q2 earnings of $1.71 per share, topping estimates, while revenue rose 19.3% year over year to $281.1 million, also ahead of forecasts. AppFolio’s Q2 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: The company lifted its full-year 2026 outlook, which suggests management sees momentum continuing beyond the latest quarter. AppFolio, Inc. Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Guggenheim upgraded AppFolio to strong-buy, adding to bullish sentiment around the stock after the earnings release. Zacks.com
• Positive Sentiment: Management highlighted premium-tier adoption and Value Added Services as key growth drivers, which could support higher recurring revenue and better monetization over time. AppFolio (APPF) Beats Q2 Earnings and Revenue Estimates

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.