AppFolio (APPF)

• Market cap: $10B
• 1 day: 1.4%
• 5 days: -2.32%
• 1 month: 5.52%
• 3 months: 23.01%
• 6 months: 29.53%
• Year to date: 12.83%
• 1 year: 23.24%
• 5 years: 89.64%
• 10 years: 1,507.98%
• Sector: Technology
• Industry: Software - Application

About: AppFolio Inc provides cloud-based software solutions for the real estate industry. Its property management software offers property managers an end-to-end solution to their business needs. The group's products include cloud-based property management software (Appfolio Property Manager). Its solutions are AppFolio Property Manager Core, AppFolio Property Manager Plus, and AppFolio Property Manager Max. It also offers value-added services, such as screening, risk mitigation, and electronic payment services. Its markets are Single-Family, Multifamily, Student Housing, Affordable Housing, Community Associations, Commercial, and Investment Management. The business activity of the firm predominantly functions in the United States and it generates revenue in the form of subscription fees.

Employees: 1,634

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

491% more call options, than puts

Call options by funds: $23.5M | Put options by funds: $3.98M

9% more capital invested

Capital invested by funds: $4.33B [Q1] → $4.73B (+$401M) [Q2]

4.43% more ownership

Funds ownership: 84.69% [Q1] → 89.12% (+4.43%) [Q2]

9% more first-time investments, than exits

New positions opened: 62 | Existing positions closed: 57

0% more funds holding

Funds holding: 378 [Q1] → 379 (+1) [Q2]

11% less funds holding in top 10

Funds holding in top 10: 9 [Q1] → 8 (-1) [Q2]

25% less repeat investments, than reductions

Existing positions increased: 116 | Existing positions reduced: 154

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $311
• Avg. target: $345
• High target: $375

3 analyst ratings

• positive: 2 67%
• neutral: 1 33%
• negative: 0 0%

Keefe, Bruyette & Woods Ryan Tomasello	$311	Market Perform Maintained	3 Sep 2025
DA Davidson Gil Luria	$375	Buy Maintained	6 Aug 2025
Piper Sandler Brent Bracelin	$350	Overweight Upgraded	1 Aug 2025