DA Davidson Comments on AppFolio's Q2 Earnings (NASDAQ:APPF)

AppFolio, Inc. (NASDAQ:APPF - Free Report) - Equities researchers at DA Davidson issued their Q2 2025 EPS estimates for AppFolio in a research note issued to investors on Tuesday, July 22nd. DA Davidson analyst G. Luria expects that the software maker will earn $0.97 per share for the quarter. DA Davidson has a "Strong-Buy" rating on the stock. The consensus estimate for AppFolio's current full-year earnings is $3.96 per share. DA Davidson also issued estimates for AppFolio's FY2025 earnings at $3.76 EPS and FY2026 earnings at $4.42 EPS.

APPF has been the topic of several other reports. Piper Sandler increased their target price on shares of AppFolio from $208.00 to $240.00 and gave the stock a "neutral" rating in a research note on Thursday, July 17th. Keefe, Bruyette & Woods lowered their target price on shares of AppFolio from $210.00 to $205.00 and set an "underweight" rating on the stock in a research note on Friday, April 25th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $261.33.

AppFolio Stock Up 1.2%

Shares of APPF stock traded up $3.11 during mid-day trading on Thursday, hitting $264.54. 219,657 shares of the stock were exchanged, compared to its average volume of 242,003. The firm has a fifty day moving average of $229.60 and a 200 day moving average of $225.95. AppFolio has a 52-week low of $189.01 and a 52-week high of $273.00. The company has a market cap of $9.53 billion, a PE ratio of 49.35 and a beta of 0.88.

AppFolio (NASDAQ:APPF - Get Free Report) last posted its earnings results on Thursday, April 24th. The software maker reported $1.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.23 by ($0.02). AppFolio had a return on equity of 25.83% and a net margin of 23.87%. The firm had revenue of $217.70 million for the quarter, compared to analysts' expectations of $220.95 million. During the same period in the previous year, the company earned $1.05 earnings per share. The company's revenue was up 15.9% compared to the same quarter last year.

Institutional Trading of AppFolio

Hedge funds and other institutional investors have recently made changes to their positions in the company. Woodline Partners LP lifted its position in shares of AppFolio by 2.9% during the 1st quarter. Woodline Partners LP now owns 1,754 shares of the software maker's stock worth $386,000 after purchasing an additional 50 shares during the last quarter. Treasurer of the State of North Carolina lifted its position in shares of AppFolio by 0.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 9,960 shares of the software maker's stock worth $2,457,000 after purchasing an additional 60 shares during the last quarter. Fifth Third Bancorp lifted its position in shares of AppFolio by 53.0% during the 1st quarter. Fifth Third Bancorp now owns 179 shares of the software maker's stock worth $39,000 after purchasing an additional 62 shares during the last quarter. Tidal Investments LLC lifted its position in shares of AppFolio by 4.7% during the 4th quarter. Tidal Investments LLC now owns 1,492 shares of the software maker's stock worth $368,000 after purchasing an additional 67 shares during the last quarter. Finally, Somerset Trust Co raised its stake in AppFolio by 6.7% during the 2nd quarter. Somerset Trust Co now owns 1,105 shares of the software maker's stock worth $254,000 after acquiring an additional 69 shares in the last quarter. Institutional investors and hedge funds own 85.19% of the company's stock.

Insider Transactions at AppFolio

In other AppFolio news, Director Timothy K. Bliss acquired 7,500 shares of the business's stock in a transaction on Thursday, June 5th. The stock was bought at an average price of $217.02 per share, for a total transaction of $1,627,650.00. Following the acquisition, the director owned 7,500 shares in the company, valued at approximately $1,627,650. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Timothy Mathias Eaton sold 1,057 shares of the firm's stock in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of $221.13, for a total transaction of $233,734.41. Following the sale, the chief financial officer owned 7,176 shares of the company's stock, valued at $1,586,828.88. This represents a 12.84% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders bought 18,500 shares of company stock worth $4,024,220 and sold 11,639 shares worth $2,547,802. 4.68% of the stock is owned by corporate insiders.

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.