APPFNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
APPFOLIO INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 23, 2026
$211.91−0.22 (-0.10%)
Close on Oct 19, 2026
- Market cap
- $7.51B
- P/E (TTM)
- 48.4
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
66.5%
24M of 35M shares
Institutional holders
394
66 new, 64 sold out
Net institutional buying
2M
In Q2 2026
Insider trades, 12 months
0 buys · 400 sales
Net sold $47.49M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Maurice J Duca | 6,410,682 | 21.20% | 13D (active) amendment | Aug 11, 2026 |
| / Klaus Schauser | 3,172,585 | – | 13G (passive) amendment | Sep 30, 2024 |
| Klaus Schauser | 2,869,585 | 11.10% | 13G (passive) amendment | Sep 30, 2025 |
| BlackRock, Inc. | 2,364,516 | 10.20% | 13G (passive) amendment | Nov 30, 2024 |
| Principal Global Investors | 1,549,609 | 6.40% | 13G (passive) amendment | Jun 30, 2026 |
| Vanguard Portfolio Management | 1,491,162 | 6.12% | 13G (passive) | Mar 31, 2026 |
| Ashe Capital Management, LP | 1,331,260 | 5.80% | 13G (passive) | Jun 30, 2025 |
| Vanguard Capital Management | 1,230,347 | 5.05% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of APPF | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 2,645,927 | 7.47% | $424.27M | +98,829 | 0.01% |
| Principal Financial Group Inc | 1,605,135 | 4.53% | $257.39M | +99,253 | 0.13% |
| Vanguard Portfolio Management LLC | 1,490,058 | 4.21% | $238.93M | +4,685 | 0.01% |
| Ashe Capital Management, LP | 1,047,915 | 2.96% | $168.03M | – | 18.04% |
| Vanguard Capital Management LLC | 1,041,438 | 2.94% | $166.99M | −6,507 | 0.00% |
| State Street Corp | 766,131 | 2.16% | $122.85M | +44,474 | 0.00% |
| William Blair Investment Management, LLC | 721,826 | 2.04% | $115.74M | +78,595 | 0.35% |
| London Co Of Virginia | 703,151 | 1.99% | $112.75M | New | 0.64% |
| Price T Rowe Associates Inc /Md/ | 700,358 | 1.98% | $112.30K | +186,917 | 0.01% |
| Nellore Capital Management LLC | 654,865 | 1.85% | $105.01M | +18,563 | 11.66% |
| Morgan Stanley | 581,826 | 1.64% | $93.30M | +274,536 | 0.00% |
| Geode Capital Management, LLC | 509,837 | 1.44% | $81.77M | +3,548 | 0.00% |
| Lead Edge Capital Management, LLC | 399,656 | 1.13% | $64.08M | +189,396 | 11.64% |
| Neuberger Berman Group LLC | 394,158 | 1.11% | $63.20M | +392,652 | 0.04% |
| Kayne Anderson Rudnick Investment Management LLC | 351,847 | 0.99% | $56.42M | −102,616 | 0.18% |
| Keenan Capital, LLC | 334,557 | 0.94% | $53.65M | – | 10.61% |
| Invesco Ltd. | 334,088 | 0.94% | $53.57M | +228,367 | 0.00% |
| Dimensional Fund Advisors LP | 321,989 | 0.91% | $51.63M | +25,362 | 0.01% |
| Df Dent & Co Inc | 318,951 | 0.90% | $51.14M | −1,561 | 0.97% |
| Long Walk Management LP | 304,875 | 0.86% | $48.89M | +100,375 | 11.09% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 394 | 24M | 66.5% | 66 / 158 | 135 / 64 | 4M | 2M |
| Q1 2026 | 399 | 22M | 61.0% | 75 / 185 | 106 / 75 | 6M | 3M |
| Q4 2025 | 404 | 21M | 59.2% | 61 / 157 | 132 / 63 | 3M | 2M |
| Q3 2025 | 411 | 20M | 56.7% | 77 / 132 | 142 / 47 | 2M | 3M |
| Q2 2025 | 385 | 21M | 58.3% | 63 / 117 | 157 / 56 | 3M | 2M |
| Q1 2025 | 381 | 20M | 56.4% | 73 / 136 | 128 / 78 | 3M | 2M |
| Q4 2024 | 388 | 19M | 53.8% | 66 / 135 | 135 / 54 | 3M | 3M |
| Q3 2024 | 385 | 19M | 54.5% | 59 / 151 | 122 / 62 | 4M | 2M |
| Q2 2024 | 391 | 19M | 54.7% | 72 / 142 | 125 / 44 | 2M | 4M |
| Q1 2024 | 366 | 21M | 59.3% | 116 / 120 | 94 / 42 | 5M | 2M |
| Q4 2023 | 295 | 18M | 51.3% | 72 / 110 | 83 / 19 | 4M | 2M |
| Q3 2023 | 245 | 17M | 47.0% | 56 / 96 | 57 / 24 | 2M | 1M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of APPF | Value | % of fund | As of |
|---|---|---|---|---|---|
| MidCap Fund | 1,133,927 | 3.20% | $204.32M | 0.88% | Jul 31, 2026 |
| iShares Core S&P Mid-Cap ETF | 821,511 | 2.32% | $131.73M | 0.11% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 723,941 | 2.04% | $116.08M | 0.01% | Jun 30, 2026 |
| Touchstone Funds Group Trust-Touchstone Mid Cap Fund | 634,544 | 1.79% | $101.75M | 2.26% | Jun 30, 2026 |
| Vanguard Information Technology Index Fund | 547,238 | 1.55% | $88.20M | 0.05% | May 31, 2026 |
| Vanguard Small-Cap Index Fund | 523,988 | 1.48% | $84.02M | 0.04% | Jun 30, 2026 |
| Vanguard Small-Cap Growth Index Fund | 301,797 | 0.85% | $48.39M | 0.10% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 275,525 | 0.78% | $44.18M | 0.05% | Jun 30, 2026 |
| Invesco S&P MidCap Quality ETF | 215,190 | 0.61% | $38.78M | 0.71% | Jul 31, 2026 |
| T. Rowe Price Integrated U.S. Small-Cap Growth Equity Fund | 212,088 | 0.60% | $34.01M | 0.35% | Jun 30, 2026 |
| Neuberger Genesis Fund | 210,601 | 0.59% | $33.94M | 0.46% | May 31, 2026 |
| Virtus KAR Small-Cap Growth Fund | 148,141 | 0.42% | $23.75M | 3.85% | Jun 30, 2026 |
| iShares S&P Mid-Cap 400 Growth ETF | 144,290 | 0.41% | $23.14M | 0.20% | Jun 30, 2026 |
| PGIM Jennison Small Company Fund | 139,810 | 0.39% | $22.42M | 0.64% | Jun 30, 2026 |
| iShares Russell Mid-Cap Growth ETF | 134,793 | 0.38% | $21.61M | 0.10% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| William Shane Trigg | Chief Executive Officer, Director | 70,772 | 0.20% | Aug 17, 2026 |
| Timothy Mathias Eaton | Chief Financial Officer | 16,714 | 0.05% | Aug 20, 2026 |
| Elizabeth Erin Barat | Chief People Officer | 20,387 | 0.06% | Aug 12, 2026 |
| Evan Pickering | General Counsel | 5,328 | 0.02% | Aug 12, 2026 |
| Don Rigler | Principal Accounting Officer | 4,132 | 0.01% | Aug 12, 2026 |
| Matthew S. Mazza | Chief Trust Officer | 25,015 | 0.07% | Sep 15, 2025 |
| Michael MiQi Yang | Director | 3,776 | 0.01% | Aug 18, 2026 |
| Diya Jolly | Director | 649 | 0.00% | Aug 18, 2026 |
| Winifred Markus Webb | Director | 9,225 | 0.03% | Jul 1, 2026 |
| Olivia Nottebohm | Director | 4,019 | 0.01% | Jul 1, 2026 |
| Saori Casey | Director | 2,358 | 0.01% | Jul 1, 2026 |
| Inc Appfolio | Director | 13,084 | 0.04% | Jul 1, 2026 |
| Scanlan Agnes Bundy | Director | 7,343 | 0.02% | Jul 1, 2026 |
| Janet Kerr | Director | 29,676 | 0.08% | Mar 11, 2026 |
| Robert Donald Casey III | Director | 39,266 | 0.11% | Aug 5, 2025 |
| Blottnitz Andreas von | Director | 456,714 | 1.29% | Jul 1, 2025 |
| Timothy K. Bliss | Director | 963,968 | 2.72% | Jun 9, 2025 |
| Alexander Wolf | Director | 413,668 | 1.17% | Feb 18, 2025 |
| Maurice J. Duca | 10% owner | 6,366,526 | 17.98% | Aug 24, 2026 |
| Klaus Schauser | 10% owner | 2,869,585 | 8.10% | Nov 19, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Maurice J. Duca 10% owner | Aug 21, 2026 | Sale(10b5-1 plan) | −62 | $224.14 | $13.90K | 8,000 |
| Maurice J. Duca 10% owner | Aug 21, 2026 | Sale(10b5-1 plan) | −183 | $216.38 | $39.60K | 33,657 |
| Maurice J. Duca 10% owner | Aug 21, 2026 | Sale(10b5-1 plan) | −92 | $218.14 | $20.07K | 33,565 |
| Maurice J. Duca 10% owner | Aug 21, 2026 | Sale(10b5-1 plan) | −365 | $221.37 | $80.80K | 33,200 |
| Maurice J. Duca 10% owner | Aug 21, 2026 | Sale(10b5-1 plan) | −1,006 | $222.43 | $223.76K | 32,194 |
| Maurice J. Duca 10% owner | Aug 21, 2026 | Sale(10b5-1 plan) | −694 | $224.13 | $155.55K | 31,500 |
| Maurice J. Duca 10% owner | Aug 21, 2026 | Sale(10b5-1 plan) | −8 | $214.71 | $1.72K | 8,216 |
| Maurice J. Duca 10% owner | Aug 21, 2026 | Sale(10b5-1 plan) | −17 | $216.38 | $3.68K | 8,199 |
| Maurice J. Duca 10% owner | Aug 21, 2026 | Sale(10b5-1 plan) | −8 | $218.14 | $1.75K | 8,191 |
| Maurice J. Duca 10% owner | Aug 21, 2026 | Sale(10b5-1 plan) | −35 | $221.41 | $7.75K | 8,156 |
| Maurice J. Duca 10% owner | Aug 21, 2026 | Sale(10b5-1 plan) | −94 | $222.42 | $20.91K | 8,062 |
| Maurice J. Duca 10% owner | Aug 21, 2026 | Sale(10b5-1 plan) | −92 | $214.73 | $19.76K | 33,840 |
| Maurice J. Duca 10% owner | Aug 20, 2026 | Sale(10b5-1 plan) | −622 | $215.37 | $133.96K | 38,910 |
| Maurice J. Duca 10% owner | Aug 20, 2026 | Sale(10b5-1 plan) | −22 | $220.06 | $4.84K | 8,224 |
| Maurice J. Duca 10% owner | Aug 20, 2026 | Sale(10b5-1 plan) | −199 | $219.35 | $43.65K | 8,246 |
| Maurice J. Duca 10% owner | Aug 20, 2026 | Sale(10b5-1 plan) | −551 | $218.46 | $120.37K | 8,445 |
| Maurice J. Duca 10% owner | Aug 20, 2026 | Sale(10b5-1 plan) | −452 | $217.68 | $98.39K | 8,996 |
| Maurice J. Duca 10% owner | Aug 20, 2026 | Sale(10b5-1 plan) | −198 | $216.44 | $42.86K | 9,448 |
| Maurice J. Duca 10% owner | Aug 20, 2026 | Sale(10b5-1 plan) | −178 | $215.37 | $38.34K | 9,646 |
| Maurice J. Duca 10% owner | Aug 20, 2026 | Sale(10b5-1 plan) | −702 | $216.43 | $151.93K | 38,208 |
| Maurice J. Duca 10% owner | Aug 20, 2026 | Sale(10b5-1 plan) | −1,550 | $217.67 | $337.39K | 36,658 |
| Maurice J. Duca 10% owner | Aug 20, 2026 | Sale(10b5-1 plan) | −1,947 | $218.45 | $425.32K | 34,711 |
| Maurice J. Duca 10% owner | Aug 20, 2026 | Sale(10b5-1 plan) | −701 | $219.35 | $153.76K | 34,010 |
| Maurice J. Duca 10% owner | Aug 20, 2026 | Sale(10b5-1 plan) | −78 | $220.06 | $17.16K | 33,932 |
| Maurice J. Duca 10% owner | Aug 19, 2026 | Sale(10b5-1 plan) | −66 | $211.18 | $13.94K | 11,225 |
| Maurice J. Duca 10% owner | Aug 19, 2026 | Sale(10b5-1 plan) | −44 | $209.12 | $9.20K | 11,291 |
| Maurice J. Duca 10% owner | Aug 19, 2026 | Sale(10b5-1 plan) | −7 | $207.27 | $1.45K | 11,335 |
| Maurice J. Duca 10% owner | Aug 19, 2026 | Sale(10b5-1 plan) | −38 | $206.46 | $7.85K | 11,342 |
| Maurice J. Duca 10% owner | Aug 19, 2026 | Sale(10b5-1 plan) | −22 | $203.98 | $4.49K | 11,380 |
| Maurice J. Duca 10% owner | Aug 19, 2026 | Sale(10b5-1 plan) | −22 | $202.61 | $4.46K | 11,402 |
| Timothy Mathias Eaton Chief Financial Officer | Aug 19, 2026 | Sale(10b5-1 plan) | −373 | $202.61 | $75.57K | 16,714 |
| Maurice J. Duca 10% owner | Aug 19, 2026 | Sale(10b5-1 plan) | −510 | $214.94 | $109.62K | 9,912 |
| Maurice J. Duca 10% owner | Aug 19, 2026 | Sale(10b5-1 plan) | −584 | $213.78 | $124.85K | 10,422 |
| Maurice J. Duca 10% owner | Aug 19, 2026 | Sale(10b5-1 plan) | −312 | $215.60 | $67.27K | 39,532 |
| Maurice J. Duca 10% owner | Aug 19, 2026 | Sale(10b5-1 plan) | −88 | $215.60 | $18.97K | 9,824 |
| Maurice J. Duca 10% owner | Aug 19, 2026 | Sale(10b5-1 plan) | −78 | $202.61 | $15.80K | 45,054 |
| Maurice J. Duca 10% owner | Aug 19, 2026 | Sale(10b5-1 plan) | −78 | $203.98 | $15.91K | 44,976 |
| Maurice J. Duca 10% owner | Aug 19, 2026 | Sale(10b5-1 plan) | −132 | $206.45 | $27.25K | 44,844 |
| Maurice J. Duca 10% owner | Aug 19, 2026 | Sale(10b5-1 plan) | −219 | $212.64 | $46.57K | 11,006 |
| Maurice J. Duca 10% owner | Aug 19, 2026 | Sale(10b5-1 plan) | −156 | $209.12 | $32.62K | 44,665 |
| Maurice J. Duca 10% owner | Aug 19, 2026 | Sale(10b5-1 plan) | −234 | $211.18 | $49.42K | 44,431 |
| Maurice J. Duca 10% owner | Aug 19, 2026 | Sale(10b5-1 plan) | −781 | $212.64 | $166.07K | 43,650 |
| Maurice J. Duca 10% owner | Aug 19, 2026 | Sale(10b5-1 plan) | −2,005 | $213.78 | $428.63K | 41,645 |
| Maurice J. Duca 10% owner | Aug 19, 2026 | Sale(10b5-1 plan) | −1,801 | $214.94 | $387.11K | 39,844 |
| Maurice J. Duca 10% owner | Aug 19, 2026 | Sale(10b5-1 plan) | −23 | $207.27 | $4.77K | 44,821 |
| Maurice J. Duca 10% owner | Aug 18, 2026 | Sale(10b5-1 plan) | −434 | $205.95 | $89.38K | 45,132 |
| Maurice J. Duca 10% owner | Aug 18, 2026 | Sale(10b5-1 plan) | −1,000 | $204.98 | $204.98K | 45,566 |
| Maurice J. Duca 10% owner | Aug 18, 2026 | Sale(10b5-1 plan) | −2,588 | $203.88 | $527.64K | 46,566 |
| Maurice J. Duca 10% owner | Aug 18, 2026 | Sale(10b5-1 plan) | −359 | $202.77 | $72.79K | 49,154 |
| Maurice J. Duca 10% owner | Aug 18, 2026 | Sale(10b5-1 plan) | −576 | $201.49 | $116.06K | 49,513 |
| Maurice J. Duca 10% owner | Aug 18, 2026 | Sale(10b5-1 plan) | −356 | $200.29 | $71.30K | 50,089 |
| Maurice J. Duca 10% owner | Aug 18, 2026 | Sale(10b5-1 plan) | −164 | $198.90 | $32.62K | 50,445 |
| Maurice J. Duca 10% owner | Aug 18, 2026 | Sale(10b5-1 plan) | −123 | $197.80 | $24.33K | 50,609 |
| Maurice J. Duca 10% owner | Aug 18, 2026 | Sale(10b5-1 plan) | −122 | $205.95 | $25.13K | 11,424 |
| Maurice J. Duca 10% owner | Aug 18, 2026 | Sale(10b5-1 plan) | −281 | $204.98 | $57.60K | 11,546 |
| Maurice J. Duca 10% owner | Aug 18, 2026 | Sale(10b5-1 plan) | −755 | $203.88 | $153.93K | 11,827 |
| Maurice J. Duca 10% owner | Aug 18, 2026 | Sale(10b5-1 plan) | −100 | $202.77 | $20.28K | 12,582 |
| Maurice J. Duca 10% owner | Aug 18, 2026 | Sale(10b5-1 plan) | −160 | $201.49 | $32.24K | 12,682 |
| Maurice J. Duca 10% owner | Aug 18, 2026 | Sale(10b5-1 plan) | −102 | $200.29 | $20.43K | 12,842 |
| Maurice J. Duca 10% owner | Aug 18, 2026 | Sale(10b5-1 plan) | −45 | $198.90 | $8.95K | 12,944 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Eaton Timothy Officer | Aug 19, 2026 | 373 | $76.07K | Aug 19, 2026 | Restricted Stock Units |
| Shane Trigg William Director, Officer | Aug 14, 2026 | 2,057 | $419.57K | Aug 14, 2026 | Restricted Stock Units |
| Pickering Evan Officer | Aug 12, 2026 | 322 | $65.37K | Aug 12, 2026 | Restricted Stock Units |
| Pickering Evan Officer | Aug 11, 2026 | 141 | $28.14K | Aug 11, 2026 | Performance Stock Units |
| Rigler Don Officer | Aug 10, 2026 | 300 | $59.62K | Aug 10, 2026 | Restricted Stock Units |
| Pickering Evan Officer | Aug 5, 2026 | 661 | $131.89K | Aug 5, 2026 | Restricted Stock Units |
| Maurice Duca, Trustee IGSB Money Purchase Pension Trust FBO Suzanne Duca 10% Stockholder | Jul 7, 2026 | 122,000 | $21.48M | Jul 7, 2026 | Direct from Issuer |
| J. Duca Family Trust Dated 3/25/1981 Maurice 10% Stockholder | Jul 7, 2026 | 36,000 | $6.34M | Jul 7, 2026 | Direct from Issuer |
| Duca J. Roth IRA Maurice 10% Stockholder | Jul 7, 2026 | 65,000 | $11.44M | Jul 7, 2026 | Direct From Issuer |
| Janet Kerr Director | Jun 30, 2026 | 3,500 | $536.71K | Jun 30, 2026 | Compensation |
| Rigler Don Officer | Jun 12, 2026 | 150 | $23.95K | Jun 12, 2026 | Restricted Stock Units |
| Pickering Evan Officer | Jun 12, 2026 | 660 | $105.39K | Jun 12, 2026 | RSU & PSU |
| Eaton Timothy Officer | Jun 12, 2026 | 2,585 | $412.77K | Jun 12, 2026 | Restricted Stock Units |
| Shane Trigg William Director, Officer | May 15, 2026 | 3,584 | $538.46K | May 15, 2026 | PSU/RSU |
| Barat Elizabeth Officer | May 12, 2026 | 1,978 | $312.76K | May 12, 2026 | Restricted Stock |