APPF - AppFolio Director Sold $14.64M In Company Stock | Benzinga
On March 13, a recent SEC filing unveiled that Timothy K Bliss, Director at AppFolio (NASDAQ:APPF) made an insider sell.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Bliss sold 65,000 shares of AppFolio. The total transaction amounted to $14,642,746.
The latest update on Wednesday morning shows AppFolio shares down by 0.0%, trading at $224.27.
About AppFolio
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.
AppFolio's Economic Impact: An Analysis
Positive Revenue Trend: Examining AppFolio's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 38.51% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. As compared to competitors, the company ...