KBW analyst Ryan Tomasello maintained a Hold rating on AppFolio (APPF – Research Report) yesterday and set a price target of $238.00. The company’s shares closed yesterday at $216.65.
Tomasello covers the Technology sector, focusing on stocks such as Porch Group, AppFolio, and nCino. According to TipRanks, Tomasello has an average return of -24.4% and a 40.63% success rate on recommended stocks.
Currently, the analyst consensus on AppFolio is a Moderate Buy with an average price target of $245.67.
The company has a one-year high of $253.42 and a one-year low of $123.36. Currently, AppFolio has an average volume of 329.1K.
Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of APPF in relation to earlier this year. Last month, Andreas von Blottnitz, a Director at APPF sold 4,500.00 shares for a total of $1,019,539.54.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
AppFolio (APPF) Company Description:
AppFolio, Inc. engages in the provision of cloud-based software solutions. It caters to small and medium-sized businesses in the property management and legal industries. It offers the following solutions: AppFolio Property Manager, Tenant Screening Services, Maintenance Contact Center, Premium Leads, Tenant Debt Collections, and MyCase. The company was founded by Brian Donahoo, Klaus Schauser, and Jonathan Walker in 2006 and is headquartered in Santa Barbara, CA.
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