AppFolioAPPF
Market Cap: 8.36B
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
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
141% more first-time investments, than exits
New positions opened: 111 | 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] → 358 (+65) [Q1 2024]
13% more funds holding in top 10
Funds holding in top 10: 8 [Q4 2023] → 9 (+1) [Q1 2024]
9.01% more ownership
Funds ownership: 80.52% [Q4 2023] → 89.53% (+9.01%) [Q1 2024]
7% more call options, than puts
Call options by funds: $37M | Put options by funds: $34.4M
Research analyst outlook
11 Wall Street Analysts provided 1 year price forecasts over the past 6 months
11 analyst ratings
Keybanc Jason Celino | 30%upside $300 | Overweight Maintained | 26 Jul 2024 |
DA Davidson Peter Heckmann | 30%upside $300 | Buy Maintained | 26 Jul 2024 |
Piper Sandler Brent Bracelin | 30%upside $300 | Overweight Maintained | 26 Jul 2024 |
JP Morgan Alexei Gogolev | 42%upside $328 | Overweight Maintained | 17 Jul 2024 |
Piper Sandler Brent Bracelin | 28%upside $295 | Overweight Maintained | 12 Jul 2024 |
Financial journalist opinion
Based on 12 articles about APPF published over the past 30 days