Appfolio Inc’s recent filing unveils that its Chief Legal Officer Mazza Matthew S unloaded Company’s shares for reported $1.04 million on Dec 11 ’24. In the deal valued at $257.29 per share,4,027 shares were sold. As a result of this transaction, Mazza Matthew S now holds 23,539 shares worth roughly $5.95 million.
Then, Mazza Matthew S sold 700 shares, generating $178,850 in total proceeds. Upon selling the shares at $255.50, the Chief Legal Officer now owns 27,566 shares.
Before that, Trigg William Shane sold 4,145 shares. Appfolio Inc shares valued at $1,091,459 were divested by the Chief Executive Officer at a price of $263.32 per share. As a result of the transaction, Trigg William Shane now holds 73,682 shares, worth roughly $18.62 million.
Keefe Bruyette downgraded its Appfolio Inc [APPF] rating to an Underperform from a a Mkt perform in a research note published on October 15, 2024; the price target was decreased to $193 from $255. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who began to cover the stock in mid June with a ‘”an Overweight”‘ rating. BTIG Research began covering APPF with “Buy” recommendation on January 19, 2024. DA Davidson revised its rating on September 01, 2023. It rated APPF as “a Buy” which previously was an “a Neutral”.
Price Performance Review of APPF
On Tuesday, Appfolio Inc [NASDAQ:APPF] saw its stock jump 1.45% to $252.67. Over the last five days, the stock has lost -3.38%. Appfolio Inc shares have risen nearly 45.85% since the year began. Nevertheless, the stocks have risen 42.56% over the past one year. While a 52-week high of $274.56 was reached on 07/23/24, a 52-week low of $164.29 was recorded on 01/05/24. SMA at 50 days reached $234.49, while 200 days put it at $233.22.
Levels Of Support And Resistance For APPF Stock
The 24-hour chart illustrates a support level at 249.04, which if violated will result in even more drops to 245.40. On the upside, there is a resistance level at 254.49. A further resistance level may holdings at 256.30. The Relative Strength Index (RSI) on the 14-day chart is 52.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.32%. Stochastics %K at 22.34% indicates the stock is a holding.
How much short interest is there in Appfolio Inc?
A steep rise in short interest was recorded in Appfolio Inc stocks on 2024-11-29, dropping by 1473.0 shares to a total of 0.53 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.53 million shares. There was a decline of -0.28%, which implies that there is a negative sentiment for the stock.
