APPF - AppFolio Board Member Trades $2.50M In Company Stock | Benzinga
Alexander Wolf, Board Member at AppFolio (NASDAQ:APPF), reported an insider sell on May 15, according to a new SEC filing.
What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, Wolf sold 10,000 shares of AppFolio. The total transaction value is $2,502,600.
During Thursday's morning session, AppFolio shares down by 0.13%, currently priced at $249.54.
Get to Know AppFolio Better
AppFolio Inc is a provider of cloud-based software solutions for real estate industry. Its property management software provides property managers with an end-to-end solution to their business needs. Its products include cloud-based property management software (Appfolio Property Manager). It also offers value-added services, such as screening, risk mitigation and electronic payment services. The business activity of the firm predominantly functions through the United States and it generates revenue in the form of subscription fees.
Unraveling the Financial Story of AppFolio
Revenue Growth: AppFolio displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 37.71%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average ...