AppFolioAPPF
Market Cap: $8.09B
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 Q2 SEC filings by fund managers ($100M+ AUM)
206% more call options, than puts
Call options by funds: $24.9M | Put options by funds: $8.14M
50% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 48
13% more repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 124
7% more funds holding
Funds holding: 362 [Q1] → 386 (+24) [Q2]
6% less capital invested
Capital invested by funds: $4.91B [Q1] → $4.61B (-$297M) [Q2]
6.56% less ownership
Funds ownership: 91.53% [Q1] → 84.97% (-6.56%) [Q2]
11% less funds holding in top 10
Funds holding in top 10: 9 [Q1] → 8 (-1) [Q2]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Keybanc Jason Celino 40% 1-year accuracy 24 / 60 met price target | 35%upside $300 | Overweight Maintained | 26 Jul 2024 |
DA Davidson Peter Heckmann 76% 1-year accuracy 31 / 41 met price target | 35%upside $300 | Buy Maintained | 26 Jul 2024 |
Piper Sandler Brent Bracelin 47% 1-year accuracy 66 / 141 met price target | 35%upside $300 | Overweight Maintained | 26 Jul 2024 |
JP Morgan Alexei Gogolev 71% 1-year accuracy 12 / 17 met price target | 47%upside $328 | Overweight Maintained | 17 Jul 2024 |
Piper Sandler Brent Bracelin 47% 1-year accuracy 66 / 141 met price target | 32%upside $295 | Overweight Maintained | 12 Jul 2024 |
Financial journalist opinion
Based on 7 articles about APPF published over the past 30 days