Why AppFolio Stock Rocked the Market on Tuesday

From Nasdaq: 2025-06-10 19:01:00

AppFolio (NASDAQ: APPF) saw its shares rise almost 5% after two board members, Timothy Bliss and Casey Donald, made significant insider stock purchases. Bliss acquired 22,000 shares at prices ranging from $215.28 to $218.73, while Donald bought 4,000 shares at an average of $217.73 each. The company, which focuses on software-as-a-service for the real estate market, has been rebounding from a sell-off following its first-quarter earnings report. Despite missing analyst estimates, AppFolio remains profitable and attractive to insiders.

However, before investing in AppFolio, consider that the Motley Fool Stock Advisor team did not include it in their list of the 10 best stocks to buy right now. The team’s top picks have historically outperformed the market, offering potentially higher returns. So, while insider buying can be a positive signal, it’s essential to weigh all factors before making investment decisions.



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