2 weeks Ago By ABMN Staff
Sei Investments Co. raised its holdings in shares of AppFolio, Inc. ( NASDAQ:APPF – Free Report ) by 9.
4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,826 shares of the software maker’s stock after purchasing an additional 3,935 shares during the quarter. Sei Investments Co.
owned approximately 0.13% of AppFolio worth $11,306,000 at the end of the most recent reporting period. A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock.
Advisors Asset Management Inc. boosted its holdings in shares of AppFolio by 56.6% during the 3rd quarter.
Advisors Asset Management Inc. now owns 390 shares of the software maker’s stock worth $92,000 after buying an additional 141 shares during the period. Charles Schwab Investment Management Inc.
lifted its position in AppFolio by 15.8% during the third quarter. Charles Schwab Investment Management Inc.
now owns 176,815 shares of the software maker’s stock worth $41,622,000 after acquiring an additional 24,141 shares during the last quarter. Cerity Partners LLC boosted its holdings in shares of AppFolio by 1,120.7% during the third quarter.
Cerity Partners LLC now owns 14,648 shares of the software maker’s stock worth $3,448,000 after acquiring an additional 13,448 shares during the period. Daiwa Securities Group Inc. acquired a new position in shares of AppFolio in the third quarter valued at approximately $282,000.
Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of AppFolio during the third quarter worth approximately $419,000. 85.19% of the stock is owned by institutional investors.
AppFolio Stock Down 1.7 % Shares of AppFolio stock opened at $221.30 on Friday.
AppFolio, Inc. has a 12-month low of $189.01 and a 12-month high of $274.
56. The company has a market capitalization of $8.06 billion, a price-to-earnings ratio of 39.
87 and a beta of 0.89. The firm’s 50-day moving average price is $225.
38 and its two-hundred day moving average price is $232.48. Insider Transactions at AppFolio In related news, Director Alexander Wolf acquired 9,678 shares of the stock in a transaction that occurred on Thursday, February 13th.
The stock was acquired at an average cost of $214.81 per share, for a total transaction of $2,078,931.18.
Following the transaction, the director now directly owns 3,226 shares in the company, valued at $692,977.06. This trade represents a -150.
00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink . Also, CEO William Shane Trigg sold 3,501 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th.
The shares were sold at an average price of $217.27, for a total transaction of $760,662.27.
Following the completion of the sale, the chief executive officer now owns 83,824 shares in the company, valued at $18,212,440.48. This represents a 4.
01 % decrease in their position. The disclosure for this sale can be found here . 5.
24% of the stock is owned by insiders. Wall Street Analysts Forecast Growth A number of research analysts have commented on APPF shares. Stephens reaffirmed an “overweight” rating and issued a $295.
00 price objective on shares of AppFolio in a report on Friday, January 31st. KeyCorp lowered shares of AppFolio from an “overweight” rating to a “sector weight” rating and set a $253.00 price target on the stock.
in a research report on Friday, January 10th. William Blair reiterated an “outperform” rating on shares of AppFolio in a research note on Friday, January 31st. Finally, Piper Sandler restated a “neutral” rating and set a $265.
00 target price on shares of AppFolio in a research report on Friday, January 31st. One analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.
com, AppFolio currently has an average rating of “Hold” and an average price target of $276.29. View Our Latest Analysis on AppFolio AppFolio Company Profile ( 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. Read More Receive News & Ratings for AppFolio Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AppFolio and related companies with MarketBeat.com's FREE daily email newsletter .
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