AppFolio Inc. (NASDAQ:APPF) major shareholder Keenan Capital, Llc sold 9,116 shares of the company’s stock in a transaction that occurred on Wednesday, November 23rd. The shares were sold at an average price of $22.03, for a total transaction of $200,825.48. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Keenan Capital, Llc also recently made the following trade(s):

  • On Monday, November 21st, Keenan Capital, Llc sold 22,384 shares of AppFolio stock. The shares were sold at an average price of $21.68, for a total transaction of $485,285.12.
  • On Wednesday, November 16th, Keenan Capital, Llc sold 4,315 shares of AppFolio stock. The shares were sold at an average price of $21.92, for a total transaction of $94,584.80.
  • On Tuesday, November 15th, Keenan Capital, Llc sold 4,445 shares of AppFolio stock. The shares were sold at an average price of $21.68, for a total transaction of $96,367.60.
  • On Monday, November 14th, Keenan Capital, Llc sold 2,936 shares of AppFolio stock. The shares were sold at an average price of $21.97, for a total transaction of $64,503.92.
  • On Monday, September 19th, Keenan Capital, Llc sold 9,118 shares of AppFolio stock. The shares were sold at an average price of $19.22, for a total transaction of $175,247.96.
  • On Thursday, September 15th, Keenan Capital, Llc sold 5,700 shares of AppFolio stock. The shares were sold at an average price of $19.67, for a total transaction of $112,119.00.

Shares of AppFolio Inc. (NASDAQ:APPF) opened at 22.05 on Tuesday. AppFolio Inc. has a 12-month low of $11.07 and a 12-month high of $22.55. The company’s market cap is $743.00 million. The company’s 50-day moving average is $19.90 and its 200-day moving average is $17.28.

Insider Buying and Selling by Quarter for AppFolio (NASDAQ:APPF)

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Hedge funds have recently made changes to their positions in the company. California State Teachers Retirement System raised its stake in shares of AppFolio by 1.3% in the third quarter. California State Teachers Retirement System now owns 16,138 shares of the company’s stock worth $314,000 after buying an additional 200 shares in the last quarter. BlackRock Fund Advisors raised its stake in shares of AppFolio by 7.9% in the third quarter. BlackRock Fund Advisors now owns 212,361 shares of the company’s stock worth $4,128,000 after buying an additional 15,555 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of AppFolio by 1.9% in the third quarter. Wells Fargo & Company MN now owns 96,237 shares of the company’s stock worth $1,871,000 after buying an additional 1,794 shares in the last quarter. Rathbone Brothers plc bought a new stake in shares of AppFolio during the third quarter worth approximately $267,000. Finally, Summit Securities Group LLC bought a new stake in shares of AppFolio during the second quarter worth approximately $155,000. Hedge funds and other institutional investors own 13.97% of the company’s stock.

APPF has been the topic of a number of recent research reports. Credit Suisse Group AG initiated coverage on shares of AppFolio in a research note on Tuesday, August 9th. They set a “hold” rating and a $18.00 price target on the stock. Zacks Investment Research raised shares of AppFolio from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a report on Friday, August 12th. Finally, Pacific Crest reaffirmed a “hold” rating on shares of AppFolio in a report on Tuesday, November 8th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. AppFolio currently has a consensus rating of “Hold” and a consensus price target of $19.33.

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.

5 Day Chart for NASDAQ:APPF

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