Andreas von Blottnitz, Board Member at AppFolio (NASDAQ:APPF), reported an insider sell on March 11, according to a new SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Monday outlined that Blottnitz executed a sale of 4,500 shares of AppFolio with a total value of $1,019,539.
As of Tuesday morning, AppFolio shares are down by 0.0%, currently priced at $227.76.
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 Financial Performance
Revenue Growth: AppFolio's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 38.51%. This indicates a substantial increase in the company's top-line earnings. In comparison to ...