AppFolio, Inc. (NASDAQ:APPF) will post its quarterly earnings results after the market closes on Monday, November 6th. Analysts expect AppFolio to post earnings of $0.07 per share for the quarter.

Shares of AppFolio, Inc. (NASDAQ APPF) opened at 46.35 on Monday. The stock has a market capitalization of $1.57 billion, a price-to-earnings ratio of 1495.16 and a beta of 0.76. The firm has a 50-day moving average of $47.89 and a 200 day moving average of $47.89. AppFolio, Inc. has a 12-month low of $18.75 and a 12-month high of $52.25.

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Several research analysts have issued reports on the stock. Zacks Investment Research downgraded shares of AppFolio from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 10th. BidaskClub raised shares of AppFolio from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 17th. KeyCorp reaffirmed a “buy” rating on shares of AppFolio in a report on Friday, August 11th. Morgan Stanley lifted their target price on shares of AppFolio from $33.00 to $38.00 and gave the company an “equal weight” rating in a report on Tuesday, August 8th. Finally, Credit Suisse Group reaffirmed a “neutral” rating and issued a $35.00 target price (up previously from $27.00) on shares of AppFolio in a report on Tuesday, August 8th. Four investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $42.67.

In other news, major shareholder Marc Stad sold 2,227 shares of AppFolio stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $36.75, for a total value of $81,842.25. Following the sale, the insider now owns 73,153 shares of the company’s stock, valued at $2,688,372.75. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Global Fund Ii L.P. Dragoneer sold 97,800 shares of AppFolio stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of $34.39, for a total transaction of $3,363,342.00. Following the completion of the sale, the insider now directly owns 68,568 shares in the company, valued at approximately $2,358,053.52. The disclosure for this sale can be found here. In the last ninety days, insiders sold 801,527 shares of company stock worth $28,629,167. Insiders own 44.77% of the company’s stock.

AppFolio Company Profile

AppFolio, Inc is a provider of industry-specific, cloud-based software solutions for small and medium-sized businesses (SMBs) in the property management and legal industries. The Company’s mobile-optimized software solutions enable its customers to work at any time and from anywhere across multiple devices.

Earnings History for AppFolio (NASDAQ:APPF)

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