Rep. Josh Gottheimer Sells AppFolio, Inc. (NASDAQ:APPF) Shares

Posted by Andrew Walz on May 16th, 2025

Representative Josh Gottheimer (D-New Jersey) recently sold shares of AppFolio, Inc. (NASDAQ:APPF). In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in AppFolio stock on April 9th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of RTX (NYSE:RTX) on 4/23/2025.
Purchased $1,001 – $15,000 in shares of Cheniere Energy (NYSE:LNG) on 4/22/2025.
Purchased $1,001 – $15,000 in shares of Techtronic Industries (OTCMKTS:TTNDY) on 4/21/2025.
Purchased $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 4/21/2025.
Purchased $1,001 – $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) on 4/21/2025.
Sold $1,001 – $15,000 in shares of KKR & Co. Inc. (NYSE:KKR) on 4/21/2025.
Purchased $1,001 – $15,000 in shares of D.R. Horton (NYSE:DHI) on 4/21/2025.
Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 4/21/2025.
Sold $1,001 – $15,000 in shares of Hillman Solutions (NASDAQ:HLMN) on 4/17/2025.
Sold $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 4/17/2025.

AppFolio Trading Up 0.1%

APPF opened at $212.43 on Friday. The stock has a market capitalization of $7.65 billion, a P/E ratio of 38.28 and a beta of 0.99. AppFolio, Inc. has a 12 month low of $189.01 and a 12 month high of $274.56. The firm’s fifty day simple moving average is $216.93 and its 200 day simple moving average is $231.20.

AppFolio (NASDAQ:APPF – Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The software maker reported $1.21 earnings per share for the quarter, missing the consensus estimate of $1.23 by ($0.02). AppFolio had a return on equity of 26.21% and a net margin of 25.69%. The firm had revenue of $217.70 million for the quarter, compared to analyst estimates of $220.95 million. During the same period in the prior year, the company earned $1.05 earnings per share. The firm’s quarterly revenue was up 15.9% on a year-over-year basis. On average, equities research analysts predict that AppFolio, Inc. will post 3.96 EPS for the current fiscal year.

Insider Transactions at AppFolio

In other AppFolio news, CEO William Shane Trigg sold 3,501 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $217.27, for a total transaction of $760,662.27. Following the transaction, the chief executive officer now owns 83,824 shares in the company, valued at $18,212,440.48. This trade represents a 4.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 5.24% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On AppFolio

A number of large investors have recently added to or reduced their stakes in the business. Colonial Trust Co SC acquired a new stake in shares of AppFolio during the 4th quarter worth about $28,000. UMB Bank n.a. lifted its position in AppFolio by 193.0% during the fourth quarter. UMB Bank n.a. now owns 167 shares of the software maker’s stock worth $41,000 after acquiring an additional 110 shares during the last quarter. Fifth Third Bancorp boosted its holdings in shares of AppFolio by 53.0% during the first quarter. Fifth Third Bancorp now owns 179 shares of the software maker’s stock worth $39,000 after acquiring an additional 62 shares during the period. Arcadia Investment Management Corp MI acquired a new position in shares of AppFolio in the fourth quarter valued at approximately $50,000. Finally, Versant Capital Management Inc increased its stake in shares of AppFolio by 4,975.0% during the first quarter. Versant Capital Management Inc now owns 203 shares of the software maker’s stock worth $45,000 after purchasing an additional 199 shares during the period. Institutional investors own 85.19% of the company’s stock.

Wall Street Analysts Forecast Growth

APPF has been the subject of several recent research reports. Stephens restated an “overweight” rating and set a $295.00 target price on shares of AppFolio in a report on Friday, January 31st. Piper Sandler restated a “neutral” rating and set a $265.00 price objective on shares of AppFolio in a research note on Wednesday, April 23rd. William Blair reaffirmed an “outperform” rating on shares of AppFolio in a research report on Friday, January 31st. DA Davidson raised AppFolio to a “strong-buy” rating in a research report on Tuesday. Finally, Keefe, Bruyette & Woods decreased their target price on shares of AppFolio from $210.00 to $205.00 and set an “underweight” rating for the company in a research note on Friday, April 25th. One research analyst has rated the stock with a sell rating, three have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $274.43.

View Our Latest Analysis on AppFolio

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About AppFolio

(Get Free Report)

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.