Q1 Earnings Forecast for AppFolio Issued By DA Davidson

AppFolio, Inc. (NASDAQ:APPF) – Stock analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for AppFolio in a research report issued to clients and investors on Friday, January 31st. DA Davidson analyst G. Luria expects that the software maker will post earnings per share of $0.92 for the quarter. The consensus estimate for AppFolio’s current full-year earnings is $3.20 per share.

APPF has been the subject of a number of other research reports. Keefe, Bruyette & Woods lowered AppFolio from a “market perform” rating to an “underperform” rating and reduced their price objective for the company from $255.00 to $193.00 in a research note on Tuesday, October 15th. KeyCorp downgraded AppFolio from an “overweight” rating to a “sector weight” rating and set a $253.00 price target for the company. in a report on Friday, January 10th. Piper Sandler reaffirmed a “neutral” rating and set a $265.00 price objective on shares of AppFolio in a research note on Friday. William Blair reiterated an “outperform” rating on shares of AppFolio in a research note on Friday. Finally, Stephens reissued an “overweight” rating and set a $295.00 price target on shares of AppFolio in a report on Friday. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $276.29.

AppFolio Price Performance

NASDAQ APPF opened at $233.91 on Monday. AppFolio has a 1 year low of $189.01 and a 1 year high of $274.56. The company has a market capitalization of $8.50 billion, a PE ratio of 65.16 and a beta of 0.87. The company has a fifty day moving average of $253.82 and a 200 day moving average of $235.40.

AppFolio (NASDAQ:APPF) last announced its quarterly earnings data on Thursday, January 30th. The software maker reported $0.58 EPS for the quarter, missing the consensus estimate of $0.92 by ($0.34). AppFolio had a net margin of 17.26% and a return on equity of 30.64%.

Hedge Funds Weigh In On AppFolio

Institutional investors and hedge funds have recently bought and sold shares of the business. Tidal Investments LLC raised its holdings in AppFolio by 2.9% in the 3rd quarter. Tidal Investments LLC now owns 1,425 shares of the software maker’s stock valued at $335,000 after acquiring an additional 40 shares during the last quarter. Exchange Traded Concepts LLC increased its holdings in shares of AppFolio by 6.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 642 shares of the software maker’s stock valued at $158,000 after purchasing an additional 40 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of AppFolio by 85.7% in the third quarter. Blue Trust Inc. now owns 117 shares of the software maker’s stock valued at $29,000 after purchasing an additional 54 shares during the last quarter. Nisa Investment Advisors LLC lifted its position in AppFolio by 11.8% during the fourth quarter. Nisa Investment Advisors LLC now owns 616 shares of the software maker’s stock worth $152,000 after buying an additional 65 shares in the last quarter. Finally, Northwest & Ethical Investments L.P. boosted its stake in AppFolio by 16.0% during the third quarter. Northwest & Ethical Investments L.P. now owns 725 shares of the software maker’s stock worth $171,000 after buying an additional 100 shares during the last quarter. 85.19% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at AppFolio

In other AppFolio news, insider Matthew S. Mazza sold 838 shares of AppFolio stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of $255.30, for a total transaction of $213,941.40. Following the sale, the insider now owns 22,701 shares of the company’s stock, valued at $5,795,565.30. The trade was a 3.56 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO William Shane Trigg sold 3,500 shares of the company’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $229.85, for a total transaction of $804,475.00. Following the sale, the chief executive officer now directly owns 74,327 shares of the company’s stock, valued at $17,084,060.95. The trade was a 4.50 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 24,606 shares of company stock valued at $5,958,832. 5.24% of the stock is owned by company insiders.

About AppFolio

AppFolio, Inc, together with its subsidiaries, provides cloud business management solutions for the real estate industry in the United States. The company provides a cloud-based platform that enables users to automate and optimize common workflows; tools that assist with leasing, maintenance, and accounting; and other technology and services offered by third parties.