APPF - Chief Legal Officer At This Information Technology Company Sells $924K of Stock | Benzinga
Matthew S Mazza, Chief Legal Officer at AppFolio (NASDAQ:APPF), reported a large insider sell on November 22, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Mazza sold 4,590 shares of AppFolio. The total transaction amounted to $924,447.
AppFolio shares are trading up 0.26% at $197.03 at the time of this writing on Thursday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, however, they ...