Headlines about AppFolio (NASDAQ:APPF) have been trending positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. AppFolio earned a daily sentiment score of 0.25 on Accern’s scale. Accern also gave news coverage about the software maker an impact score of 45.5250949339875 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
AppFolio (NASDAQ APPF) opened at $41.65 on Tuesday. AppFolio has a 1 year low of $21.63 and a 1 year high of $52.25. The company has a market cap of $1,410.46, a PE ratio of 259.69 and a beta of 0.61.
AppFolio (NASDAQ:APPF) last posted its earnings results on Monday, November 6th. The software maker reported $0.10 EPS for the quarter, beating the Zacks’ consensus estimate of $0.07 by $0.03. AppFolio had a net margin of 4.37% and a return on equity of 7.91%. The company had revenue of $37.90 million for the quarter, compared to analysts’ expectations of $36.16 million. The business’s revenue was up 34.6% compared to the same quarter last year. research analysts predict that AppFolio will post 0.25 earnings per share for the current fiscal year.
APPF has been the topic of a number of recent analyst reports. Zacks Investment Research cut shares of AppFolio from a “buy” rating to a “hold” rating in a research report on Thursday, October 19th. KeyCorp reaffirmed a “hold” rating on shares of AppFolio in a research report on Monday, November 6th. Morgan Stanley upped their target price on shares of AppFolio from $38.00 to $46.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 14th. Finally, BidaskClub raised shares of AppFolio from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 17th. Four research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $43.00.
In other AppFolio news, Director Janet Kerr sold 1,576 shares of the business’s stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $43.08, for a total transaction of $67,894.08. Following the sale, the director now directly owns 17,189 shares in the company, valued at $740,502.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jonathan Walker sold 30,000 shares of the business’s stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $44.58, for a total transaction of $1,337,400.00. Following the sale, the insider now owns 1,554,025 shares in the company, valued at $69,278,434.50. The disclosure for this sale can be found here. 44.77% of the stock is owned by corporate insiders.
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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.
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