AppFolio (APPF) Scheduled to Post Quarterly Earnings on Wednesday

AppFolio (NASDAQ:APPF) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.09 per share for the quarter.

AppFolio (NASDAQ APPF) opened at $40.45 on Wednesday. The company has a market cap of $1,370.00 and a P/E ratio of 237.94. AppFolio has a fifty-two week low of $22.84 and a fifty-two week high of $52.25.

In other AppFolio news, Director William R. Rauth III sold 20,000 shares of the stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $42.53, for a total value of $850,600.00. Following the sale, the director now directly owns 20,000 shares in the company, valued at approximately $850,600. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jason Robert Randall sold 25,000 shares of the stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $43.00, for a total transaction of $1,075,000.00. The disclosure for this sale can be found here. Corporate insiders own 44.77% of the company’s stock.

APPF has been the subject of several analyst reports. Zacks Investment Research raised shares of AppFolio from a “hold” rating to a “buy” rating and set a $57.00 price objective for the company in a report on Tuesday, October 17th. Morgan Stanley raised their price objective on shares of AppFolio from $38.00 to $46.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 14th. KeyCorp reaffirmed a “hold” rating on shares of AppFolio in a report on Monday, November 6th. Finally, BidaskClub raised shares of AppFolio from a “strong sell” rating to a “sell” rating in a report on Tuesday. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. AppFolio has an average rating of “Hold” and an average price target of $44.33.

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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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