APPF Appfolio (APPF) Insider Trading, Ownership & Congress Trades
Software & IT · Services-prepackaged software · CIK 0001433195
Congress · 1Form 144 · 6
Insider buyers, 180 days
0
Funds added, last quarter
228
13F, latest reported quarter
What the filings say about APPF
Insiders, 180 days
-$45.1M net sold
6 sellers · 18% of sales under a 10b5-1 plan
Congress, 1 year
1 bought · 2 sold
Latest: sale, 2026-02-18
Planned sales (Form 144), 90 days
$780.7K
6 notices
Appfolio insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
Over the last 180 days, APPFOLIO INC insiders sold a net $45.1M of stock across 957 Form 4 purchases and sales, with no insider buying. Source: SEC Form 4 filings, as of 2026-10-27.
Insider
Filed
Shares
Value
Since filing
Context
- 688 earlier Form 4 trades (code P or S) here by this insider (688 sales), the last on Aug 20, 2026.
- The trade is 0.1% of the 8,216 shares held after it.
- 4 other insiders sold within 30 days.
- 228 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Insider DUCA MAURICE J sold about $1.7K of APPF under a 10b5-1 plan on Aug 21, 2026; 4 other insiders sold within 30 days and 228 funds added in the latest 13F quarter.Context
- 688 earlier Form 4 trades (code P or S) here by this insider (688 sales), the last on Aug 20, 2026.
- The trade is 0.2% of the 8,199 shares held after it.
- 4 other insiders sold within 30 days.
- 228 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Insider DUCA MAURICE J sold about $3.7K of APPF under a 10b5-1 plan on Aug 21, 2026; 4 other insiders sold within 30 days and 228 funds added in the latest 13F quarter.Context
- 688 earlier Form 4 trades (code P or S) here by this insider (688 sales), the last on Aug 20, 2026.
- The trade is 0.1% of the 8,191 shares held after it.
- 4 other insiders sold within 30 days.
- 228 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Insider DUCA MAURICE J sold about $1.7K of APPF under a 10b5-1 plan on Aug 21, 2026; 4 other insiders sold within 30 days and 228 funds added in the latest 13F quarter.Context
- 688 earlier Form 4 trades (code P or S) here by this insider (688 sales), the last on Aug 20, 2026.
- The trade is 0.4% of the 8,156 shares held after it.
- 4 other insiders sold within 30 days.
- 228 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Insider DUCA MAURICE J sold about $7.7K of APPF under a 10b5-1 plan on Aug 21, 2026; 4 other insiders sold within 30 days and 228 funds added in the latest 13F quarter.Context
- 688 earlier Form 4 trades (code P or S) here by this insider (688 sales), the last on Aug 20, 2026.
- The trade is 1.2% of the 8,062 shares held after it.
- 4 other insiders sold within 30 days.
- 228 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Insider DUCA MAURICE J sold about $20.9K of APPF under a 10b5-1 plan on Aug 21, 2026; 4 other insiders sold within 30 days and 228 funds added in the latest 13F quarter.957 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
net -$45.1M over 180 days
-$33.5M over 90 days · -$42.9M of it by a 10%+ holder
below 84% of Software & IT
Congress
1 member bought in the last year
the lowest in Software & IT
Funds
228 funds bought in last quarter
more than 79% of Software & IT
Revenue
+19.7% year over year
more than 71% of Software & IT
Margin
14.8% net margin
more than 79% of Software & IT
Buybacks
$129.2M repurchased, FY to 2026-09-30
more than 61% of Software & IT
Short interest
10.5% of the float short (float per yahoo 2026-10-26) · 8.7 days to cover · settled 2026-09-30
What changed in the last 30 days
Nothing new filed in the last 30 days
Watch APPF
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
-10.0%12M
Insider sellForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns APPF: institutional holders (13F)
13F holdings, latest reported quarter
2,645,927 sh
$424.3M
1,605,135 sh
$257.4M
1,490,058 sh
$238.9M
1,047,915 sh
$168.0M
1,041,438 sh
$167.0M
Congress trades in APPF
STOCK Act disclosures, US House only, filed up to 45 days after the trade
Sold 2026-02-18 · disclosed 19 days later
$1,001 - $15,000
Sold 2025-10-31 · disclosed 21 days later
$1,001 - $15,000
Sold 2025-10-30 · disclosed 22 days later
$1,001 - $15,000
Bought 2025-10-30 · disclosed 22 days later
$1,001 - $15,000
Bought 2025-08-13 · disclosed 30 days later
$1,001 - $15,000
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
APPF planned insider sales (Form 144)
Notice of intent to sell, filed before any sale
TIMOTHY EATON
Filed 2026-08-19
$76.1K
WILLIAM SHANE TRIGG
Filed 2026-08-14
$419.6K
EVAN PICKERING
Filed 2026-08-12
$65.4K
EVAN PICKERING
Filed 2026-08-11
$28.1K
DON RIGLER
Filed 2026-08-10
$59.6K
APPF mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
Virtus KAR Small-Cap Growth Series
$1.9M position · as of 2026-06-30
4.0%
Virtus KAR Small-Cap Growth Fund
$23.8M position · as of 2026-06-30
3.8%
Brown Capital Management Small Company Fund
$11.2M position · as of 2026-06-30
3.5%
DF DENT MIDCAP GROWTH FUND
$7.9M position · as of 2026-06-30
3.5%
Touchstone Funds Group Trust-Touchstone Mid Cap Fund
$101.7M position · as of 2026-06-30
2.3%
Invesco S&P MidCap 400 GARP ETF
$10.6M position · as of 2026-07-31
2.2%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Executive pay vs shareholder return · Shane Trigg
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2024
$5.0M
$20.2M
$1.8M
+37%
+101%
2022
$1.0M
$1.0M
$1.5M
-41%
-11%
2021
$1.5M
$1.5M
$6.8M
-33%
+38%
2020
$742.2K
$1.4M
$1.9M
+64%
+50%
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $45.1M sold by insiders over 180 days, 228 funds added last quarter, 1 House member(s) bought in 12 months, disclosed weeks after the trade, $780.7K in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
APPF financials
Revenue growth
+19.7%
XBRL, annual
Net margin
14.8%
Complaints, 90 days
15
- YoY · CFPB
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$1.1B
four quarters, 2025-10-01 to 2026-09-30
Revenue, TTM APPF
| FY Dec 2025 | $950.8M |
| FY Dec 2024 | $794.2M |
| FY Dec 2023 | $620.4M |
| FY Dec 2022 | $471.9M |
| FY Dec 2021 | $359.4M |
| Sep 2026 | $295.7M |
| Jun 2026 | $281.1M |
| Mar 2026 | $262.2M |
| Dec 2025 | $248.2M |
| Sep 2025 | $249.4M |
| Jun 2025 | $235.6M |
| Mar 2025 | $217.7M |
| Dec 2024 | $203.7M |
At each fiscal year end
Single quarter
Net margin, TTM
+15.6%
net income over revenue, 2025-10-01 to 2026-09-30
Net margin, TTM APPF
| FY Dec 2025 | +14.8% |
| FY Dec 2024 | +25.7% |
| FY Dec 2023 | +0.4% |
| FY Dec 2022 | -14.4% |
| FY Dec 2021 | +0.3% |
| Sep 2026 | +15.5% |
| Jun 2026 | +14.8% |
| Mar 2026 | +16.2% |
| Dec 2025 | +16.1% |
| Sep 2025 | +13.5% |
| Jun 2025 | +15.3% |
| Mar 2025 | +14.4% |
| Dec 2024 | +50.4% |
At each fiscal year end
Single quarter
Free cash flow, TTM
$282.1M
operating cash flow minus capex, 2025-10-01 to 2026-09-30
Free cash flow, TTM APPF
| FY Dec 2025 | $238.9M |
| FY Dec 2024 | $186.1M |
| FY Dec 2023 | $51.2M |
| FY Dec 2022 | $18.8M |
| FY Dec 2021 | $27.3M |
| Sep 2026 | $96.8M |
| Jun 2026 | $87.6M |
| Mar 2026 | $34.1M |
| Dec 2025 | $63.7M |
| Sep 2025 | $84.7M |
| Jun 2025 | $52.4M |
| Mar 2025 | $38.2M |
| Dec 2024 | $36.4M |
At each fiscal year end
Single quarter
Debt to equity
0.08x
long-term 2019-12-31 (82 months older than the period end) plus current 2020-12-31 (69 months older than the period end); equity 2026-09-30
Debt to equity APPF
| FY Dec 2025 | 0.09x |
| FY Dec 2024 | 0.09x |
| FY Dec 2023 | 0.16x |
| FY Dec 2022 | 0.18x |
| FY Dec 2021 | 0.16x |
| Sep 2026 | 0.08x |
| Jun 2026 | 0.09x |
| Mar 2026 | 0.10x |
| Dec 2025 | 0.09x |
| Sep 2025 | 0.09x |
| Jun 2025 | 0.10x |
| Mar 2025 | 0.10x |
| Dec 2024 | 0.09x |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
5.99x
TTM operating cash flow over long-term 2019-12-31 (82 months older than the period end) plus current 2020-12-31 (69 months older than the period end)
Cash flow to debt APPF
| FY Dec 2025 | 5.11x |
| FY Dec 2024 | 3.97x |
| FY Dec 2023 | 1.27x |
| FY Dec 2022 | 0.54x |
| FY Dec 2021 | 0.75x |
| Sep 2026 | 5.99x |
| Jun 2026 | 5.76x |
| Mar 2026 | 5.02x |
| Dec 2025 | 5.11x |
| Sep 2025 | 4.51x |
| Jun 2025 | 3.91x |
| Mar 2025 | 3.88x |
| Dec 2024 | 3.97x |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+31.4%
TTM net income over average of 2025-09-30 and 2026-09-30
Return on equity APPF
| FY Dec 2025 | +26.5% |
| FY Dec 2024 | +50.0% |
| FY Dec 2023 | +1.0% |
| FY Dec 2022 | -24.2% |
| FY Dec 2021 | +0.4% |
| Sep 2026 | +31.4% |
| Jun 2026 | +32.1% |
| Mar 2026 | +32.6% |
| Dec 2025 | +26.5% |
| Sep 2025 | +44.7% |
| Jun 2025 | +49.1% |
| Mar 2025 | +49.1% |
| Dec 2024 | +50.0% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+25.1%
TTM net income over average of 2025-09-30 and 2026-09-30
Return on assets APPF
| FY Dec 2025 | +21.4% |
| FY Dec 2024 | +39.4% |
| FY Dec 2023 | +0.7% |
| FY Dec 2022 | -17.3% |
| FY Dec 2021 | +0.3% |
| Sep 2026 | +25.1% |
| Jun 2026 | +25.9% |
| Mar 2026 | +26.5% |
| Dec 2025 | +21.4% |
| Sep 2025 | +35.0% |
| Jun 2025 | +38.8% |
| Mar 2025 | +39.2% |
| Dec 2024 | +39.4% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
+38.8%
operating income after a 20.2% effective tax rate, over long-term 2019-12-31 (82 months older than the period end) plus current 2020-12-31 (69 months older than the period end) plus average of 2025-09-30 and 2026-09-30 minus cash
Return on invested capital APPF
| FY Dec 2025 | +26.6% |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | -2.9% |
| Sep 2026 | +38.8% |
| Jun 2026 | +38.5% |
| Mar 2026 | +35.4% |
| Dec 2025 | +26.6% |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
+35.5%
operating income (EBIT proxy) over average of 2025-09-30 and 2026-09-30 minus current liabilities
Return on capital employed APPF
| FY Dec 2025 | +26.7% |
| FY Dec 2024 | +30.1% |
| FY Dec 2023 | +0.3% |
| FY Dec 2022 | -21.4% |
| FY Dec 2021 | -3.4% |
| Sep 2026 | +35.5% |
| Jun 2026 | +34.3% |
| Mar 2026 | +33.5% |
| Dec 2025 | +26.7% |
| Sep 2025 | +26.5% |
| Jun 2025 | +30.5% |
| Mar 2025 | +30.5% |
| Dec 2024 | +30.1% |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
45.22x
close 2026-10-26 over four quarters of diluted EPS, 2025-10-01 to 2026-09-30
P/E, trailing APPF
| FY Dec 2025 | 59.96x |
| FY Dec 2024 | 44.45x |
| FY Dec 2023 | 3,464.80x |
| FY Dec 2022 | n/a |
| FY Dec 2021 | 4,035.33x |
| Sep 2026 | 42.30x |
| Jun 2026 | 36.61x |
| Mar 2026 | 37.58x |
| Dec 2025 | 59.96x |
| Sep 2025 | 49.49x |
| Jun 2025 | 41.57x |
| Mar 2025 | 41.03x |
| Dec 2024 | 44.45x |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
n/a
no share count filed
Enterprise value APPF
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Sep 2026 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
n/a
no share count filed
FCF yield APPF
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Sep 2026 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
n/a
trailing EPS growth -15%, PEG needs growth
PEG, trailing APPF
| FY Dec 2025 | n/a |
| FY Dec 2024 | 0.00x |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Sep 2026 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | 0.91x |
| Jun 2025 | 0.68x |
| Mar 2025 | 0.26x |
| Dec 2024 | 0.00x |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-26. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| Revenue | $950.8M | $794.2M | $620.4M | $471.9M |
| Operating income | $152.9M | $135.6M | $963.0K | -$72.4M |
| Net income | $140.9M | $204.1M | $2.7M | -$68.1M |
| EPS (diluted) | 3.88 | 5.55 | 0.07 | -1.95 |
| Operating cash flow | $242.1M | $188.2M | $60.3M | $25.4M |
| Cash | $107.0M | $42.5M | $49.5M | $70.8M |
| Buybacks | $145.7M | $0 | $0 | $0 |
SEC XBRL, fiscal years, as known on 2026-10-27
APPF Stock Sonar score 6/7 axes
Find similar shapesCompareAPPF ranks highest on profitability (92nd percentile) and financial health (77th), and lowest on insider conviction (6th), among Software & IT peers.
6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
APPF filings, in plain words
Are Appfolio insiders buying or selling APPF?
In the 180 days to 2026-10-27, Appfolio insiders were net sellers, a net $45.1M across purchases and sales reported on Form 4, by 6 sellers.
Have members of Congress traded APPF?
Yes. In the year to 2026-10-27, 1 House member disclosed buying APPF and 2 House members disclosed selling it; the latest on record is a sale by Gilbert Cisneros dated 2026-02-18.
Are there planned insider sales of APPF?
Yes. 6 Form 144 notices of planned insider sales were filed in the 90 days to 2026-10-27, covering $780.7K of stock; the latest, by TIMOTHY EATON, was filed 2026-08-19.
Read the full summary
In the 180 days to 2026-10-27, Appfolio insiders were net sellers of APPF, a net $45.1M across purchases and sales reported on Form 4 by 6 sellers. Most of that figure, $42.9M, came from a holder of 10% or more rather than an officer or director. 18% of the 374 insider sales were made under a Rule 10b5-1 plan; the rest were not flagged as planned. In the year to 2026-10-27, 1 member of Congress disclosed buying APPF and 2 members disclosed selling it; the latest on record is a sale by Gilbert Cisneros dated 2026-02-18. Insiders filed 6 Form 144 notices of intent to sell in the 90 days to 2026-10-27, covering $780.7K of stock. Each figure is counted from SEC and House filings as of 2026-10-27, dated the day the filing was made public.
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