AppFolioAPPF
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 Q3 regulatory filings by fund managers ($100M+ AUM)
71% more call options, than puts
Call options by funds: $22.8M | Put options by funds: $13.3M
21% more repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 122
13% more funds holding in top 10
Funds holding in top 10: 8 [Q2] → 9 (+1) [Q3]
2% less funds holding
Funds holding: 390 [Q2] → 382 (-8) [Q3]
4.95% less ownership
Funds ownership: 86.89% [Q2] → 81.94% (-4.95%) [Q3]
6% less capital invested
Capital invested by funds: $4.72B [Q2] → $4.43B (-$287M) [Q3]
12% less first-time investments, than exits
New positions opened: 59 | Existing positions closed: 67
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Keybanc Jason Celino 70% 1-year accuracy 40 / 57 met price target | 0%upside $252 | Overweight Maintained | 25 Oct 2024 |
Piper Sandler Brent Bracelin 66% 1-year accuracy 87 / 132 met price target | 5%upside $265 | Overweight Maintained | 25 Oct 2024 |
Financial journalist opinion
Based on 7 articles about APPF published over the past 30 days
