Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Appfolio Inc shares valued at $760,662 were sold by Trigg William Shane on Feb 18 ’25. At $217.27 per share, Trigg William Shane sold 3,501 shares. The insider’s holdings dropped to 83,824 shares worth approximately $18.77 million following the completion of this transaction.
Also, Wolf Alexander purchased 9,678 shares, netting a total of over 2,078,949 in proceeds. Following the buying of shares at $214.81 each, the insider now holds 3,226 shares.
Before that, Wolf Alexander had added 3,822 shares to its account. In a trade valued at $824,533, the Director bought Appfolio Inc shares for $215.73 each. Upon closing the transaction, the insider’s holdings increased to 3,822 shares, worth approximately $1.01 million.
As published in a research note from KeyBanc Capital Markets on January 10, 2025, Appfolio Inc [APPF] has been rated down from an Overweight to a Sector weight. Analysts at Piper Sandler downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in early January. As of October 15, 2024, Keefe Bruyette has decreased its “Mkt perform” rating to a “an Underperform” for APPF. Earlier on June 11, 2024, Piper Sandler initiated its rating. Their recommendation was “an Overweight” for APPF stock.
Analyzing APPF Stock Performance
During the last five days, there has been a surge of approximately 5.04%. Over the course of the year, Appfolio Inc shares have dropped approximately -9.22%. Shares of the company reached a 52-week high of $266.51 on 01/28/25 and a 52-week low of $209.63 on 02/24/25. A 50-day SMA is recorded $236.82, while a 200-day SMA reached $234.20.
Support And Resistance Levels for Appfolio Inc (APPF)
According to the 24-hour chart, there is a support level at 219.98, which, if violated, would cause prices to drop to 215.98. In the upper region, resistance lies at 226.49. The next price resistance is at 229.00. RSI (Relative Strength Index) is 50.21 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.83, which suggests the price will increase in the coming days. Percent R is at 6.76%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
