APPF stock icon

AppFolio
APPF

$231.52
1.24%
 

About: AppFolio Inc is a provider of cloud-based software solutions for real estate industry. Its property management software provides property managers with an end-to-end solution to their business needs. Its products include cloud-based property management software (Appfolio Property Manager). It also offers value-added services, such as screening, risk mitigation and electronic payment services. The business activity of the firm predominantly functions through the United States and it generates revenue in the form of subscription fees.

Employees: 1,504

0
Funds holding %
of 6,689 funds
0
Analysts bullish %
of 8 analysts
0
News positive %
of 7 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

137% more first-time investments, than exits

New positions opened: 109 | Existing positions closed: 46

59% more capital invested

Capital invested by funds: $3.02B [Q4 2023] → $4.8B (+$1.78B) [Q1 2024]

28% more repeat investments, than reductions

Existing positions increased: 119 | Existing positions reduced: 93

22% more funds holding

Funds holding: 293 [Q4 2023] → 356 (+63) [Q1 2024]

13% more call options, than puts

Call options by funds: $35.8M | Put options by funds: $31.7M

13% more funds holding in top 10

Funds holding in top 10: 8 [Q4 2023] → 9 (+1) [Q1 2024]

8.96% more ownership

Funds ownership: 80.52% [Q4 2023] → 89.48% (+8.96%) [Q1 2024]

Research analyst outlook

8 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$237
2%
upside
Avg. target
$256
10%
upside
High target
$295
27%
upside

8 analyst ratings

positive
88%
neutral
13%
negative
0%
Piper Sandler
Brent Bracelin
27%upside
$295
Overweight
Initiated
10 Jun 2024
Stephens & Co.
John Campbell
4%upside
$241
Overweight
Reiterated
26 Apr 2024
Keefe, Bruyette & Woods
Ryan Tomasello
3%upside
$238
Market Perform
Maintained
26 Apr 2024
Keybanc
Jason Celino
19%upside
$275
Overweight
Maintained
26 Apr 2024
Keybanc
Jason Celino
14%upside
$264
Overweight
Maintained
18 Mar 2024

Financial journalist opinion

Based on 7 articles about APPF published over the past 30 days