AppFolio (NASDAQ:APPF) Stock Acquired Rep. Lisa C. McClain

Key Points

• Rep. Lisa C. McClain purchased between $1,001 and $15,000 worth of AppFolio, Inc. (NASDAQ:APPF) stock on August 13, as disclosed in a filing on September 12.
• AppFolio's stock closed at $274.31, experiencing a drop of $5.91 during trading, with a market capitalization of $9.83 billion and a P/E ratio of 49.57.
• Analysts have a consensus recommendation of "Moderate Buy" for AppFolio, with price targets raised significantly, including a target of $350.00 by Piper Sandler.

Representative Lisa C. McClain (R-Michigan) recently bought shares of AppFolio, Inc. NASDAQ: APPF. In a filing disclosed on September 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in AppFolio stock on August 13th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $50,001 - $100,000 in shares of Taiwan Semiconductor Manufacturing NYSE: TSM on 8/28/2025.
• Purchased $1,001 - $15,000 in shares of ACI Worldwide NASDAQ: ACIW on 8/19/2025.
• Purchased $1,001 - $15,000 in shares of HCA Healthcare NYSE: HCA on 8/19/2025.
• Sold $1,001 - $15,000 in shares of Amedisys NASDAQ: AMED on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of Kite Realty Group Trust NYSE: KRG on 8/13/2025.
• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of JD.com NASDAQ: JD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of Trade Desk NASDAQ: TTD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of US Foods NYSE: USFD on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Agree Realty NYSE: ADC on 8/13/2025.

AppFolio Stock Up 0.6%

Shares of NASDAQ APPF traded up $1.68 during midday trading on Friday, hitting $281.57. The stock had a trading volume of 346,057 shares, compared to its average volume of 223,413. The company has a market capitalization of $10.09 billion, a price-to-earnings ratio of 50.83 and a beta of 0.89. AppFolio, Inc. has a 1-year low of $189.01 and a 1-year high of $326.04. The company has a fifty day moving average price of $273.92 and a 200 day moving average price of $238.57.

AppFolio (NASDAQ:APPF - Get Free Report) last announced its earnings results on Thursday, July 31st. The software maker reported $1.38 EPS for the quarter, beating the consensus estimate of $1.27 by $0.11. The business had revenue of $235.58 million for the quarter, compared to the consensus estimate of $230.10 million. AppFolio had a return on equity of 26.32% and a net margin of 23.54%.The company's revenue was up 19.4% on a year-over-year basis. During the same period last year, the business posted $1.12 EPS. AppFolio has set its FY 2025 guidance at EPS. On average, research analysts forecast that AppFolio, Inc. will post 3.96 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Fifth Third Bancorp boosted its position in AppFolio by 53.0% during the 1st quarter. Fifth Third Bancorp now owns 179 shares of the software maker's stock valued at $39,000 after purchasing an additional 62 shares during the period. Huntington National Bank boosted its position in AppFolio by 58.7% during the 2nd quarter. Huntington National Bank now owns 200 shares of the software maker's stock valued at $46,000 after purchasing an additional 74 shares during the period. Versant Capital Management Inc boosted its position in AppFolio by 4,975.0% during the 1st quarter. Versant Capital Management Inc now owns 203 shares of the software maker's stock worth $45,000 after acquiring an additional 199 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in AppFolio during the 2nd quarter worth $52,000. Finally, Elevation Point Wealth Partners LLC acquired a new position in AppFolio during the 2nd quarter worth $55,000. Institutional investors and hedge funds own 85.19% of the company's stock.

Insiders Place Their Bets

In other AppFolio news, CEO William Shane Trigg sold 4,000 shares of the business's stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $276.95, for a total transaction of $1,107,800.00. Following the completion of the transaction, the chief executive officer owned 59,556 shares in the company, valued at approximately $16,494,034.20. The trade was a 6.29% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Maurice J. Duca sold 3,100 shares of the business's stock in a transaction on Monday, August 4th. The stock was sold at an average price of $321.38, for a total value of $996,278.00. Following the transaction, the insider owned 42,400 shares of the company's stock, valued at $13,626,512. This trade represents a 6.81% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 58,803 shares of company stock worth $16,938,949. 4.68% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Piper Sandler upgraded AppFolio from a "neutral" rating to an "overweight" rating and raised their target price for the company from $240.00 to $350.00 in a report on Friday, August 1st. DA Davidson restated a "buy" rating and set a $350.00 price objective on shares of AppFolio in a report on Friday, August 1st. Finally, Keefe, Bruyette & Woods lifted their price objective on AppFolio from $295.00 to $311.00 and gave the stock a "market perform" rating in a report on Wednesday, September 3rd. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, AppFolio currently has a consensus rating of "Moderate Buy" and a consensus target price of $311.80.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

AppFolio Company Profile

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.