APPFOLIO (APPF) SEC Filings

AppFolio, Inc. (APPF) has a Form 144 notice for a proposed sale of 2,200 common shares for the account of Maurice Duca J. Roth IRA, with an aggregate market value of $492,228.00 and an approximate sale date of November 4, 2026. Morgan Stanley Smith Barney LLC is listed as the broker. The securities are identified as acquired directly from the issuer on August 12, 2009.

AppFolio, Inc. (APPF) names Maurice Duca, trustee of IGSB Money Purchase Pension Trust FBO Suzanne Duca, in a notice for the proposed sale of 2,200 common shares, with an aggregate market value of $492,228; Morgan Stanley Smith Barney LLC is listed as broker. The reported prior sales include 10b5-1 sales for The Maurice J. Duca Family Trust, the IGSB Money Purchase Plan FBO Suzanne Duca, and a Roth IRA, dated August 5 through August 21, 2026.

AppFolio, Inc. (APPF) reported third-quarter 2026 revenue of $295.7 million, up 19% from $249.4 million, and net income of $46.0 million versus $33.6 million. Diluted earnings were $1.29 per share versus $0.93; GAAP operating income was $57.4 million versus $35.0 million. Increased use of payments, tenant screening, risk mitigation and resident services contributed to revenue growth; units under management rose 8% to 9.8 million.

For the nine months ended September 30, 2026, operating cash flow was $218.7 million versus $177.1 million. Cash, cash equivalents and investment securities totaled $307.3 million at quarter-end. AppFolio had no borrowings under its $150.0 million revolving credit facility and was in covenant compliance. It repurchased $4.2 million of Class A shares during the quarter, with $120.8 million remaining under its $300.0 million program.

CFO Tim Eaton terminated a prior Rule 10b5-1 trading arrangement and adopted a new one on September 11, 2026, providing for sales from December 11, 2026 through December 31, 2027 of up to 818 Class A shares plus an indeterminate number of shares received in connection with vesting certain RSUs and PSUs. The latter amount depends on vesting and shares withheld for tax obligations.

AppFolio, Inc. (APPF) reported third-quarter 2026 revenue of $296 million, up 19% year over year, and 9.8 million units under management, up 8%. GAAP operating income was $57 million, up 64%, equal to 19.4% of revenue versus 14.1% a year earlier. Non-GAAP operating income was $81 million, up 38%, with a 27.3% margin versus 23.5%. Net cash provided by operating activities was $97 million, compared with $86 million.

For fiscal 2026, AppFolio raised its revenue outlook to $1.122 billion–$1.127 billion and gave a non-GAAP operating-margin outlook of 26.5%–27.5%; diluted weighted average shares are expected to be approximately 36 million. The company said it cannot provide forward-looking GAAP-equivalent operating-margin guidance because certain excluded items, including stock-based compensation, are uncertain or cannot be reasonably predicted, and their effect may be significant. The non-GAAP measures supplement rather than replace GAAP results.

APPFOLIO INC (APPF) insider Maurice J. Duca, a ten percent owner, reported a series of open‑market sales of Class A Common Stock totaling 9,856 shares on August 20–21, 2026. The sales were executed at weighted average prices in ranges between roughly $214 and $224 per share, pursuant to a Rule 10b5-1 trading plan adopted on March 13, 2026. Shares were sold indirectly through a family trust and a pension trust; for the pension‑trust shares, he has sole voting and dispositive power but no pecuniary interest. After these transactions, he reports 31,005 shares held directly and additional indirect holdings through several investment and charitable trusts and LLCs.

APPFOLIO INC (APPF) reported that ten percent owner Maurice J. Duca, through a family trust and a pension trust, sold 7,001 shares of Class A Common Stock on August 19, 2026 under a Rule 10b5-1 trading plan adopted on March 13, 2026. The reported weighted average per-share sale prices ranged from $202.61 to $215.60 across multiple transactions labeled as sales in open market or private transactions. The pension trust sales are by a trust where Duca has sole voting and dispositive power but no pecuniary interest, and additional indirect holdings are reported for several LLCs and a charitable remainder trust, for which he generally disclaims beneficial ownership except to the extent of any pecuniary interest.

APPFOLIO INC (APPF) reported that 10% owner Maurice J. Duca disclosed open-market sales totaling 8,056 shares of Class A Common Stock on August 18–19, 2026. Trades were executed from both direct holdings and indirect holdings through a family trust and a pension trust. The reported per-share prices, many as weighted averages, ranged from about $197.50 to $211.67. The sales were made pursuant to a Rule 10b5-1 trading plan adopted on March 13, 2026. For the pension trust positions, Duca is sole trustee with voting and dispositive power but reports no pecuniary interest.

APPFOLIO INC (APPF) reported that its Chief Financial Officer, Timothy Mathias Eaton, sold 373 shares of Class A Common Stock on August 19, 2026 at $202.61 per share in an open-market or private transaction. After this sale, he directly holds 16,714 shares. The transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on or around March 13, 2026.

AppFolio, Inc. (APPF) received a Rule 144 notice that officer Timothy Eaton plans to sell up to 373 shares of common stock through Morgan Stanley Smith Barney LLC on or after August 19, 2026. The notice references 242 Restricted Stock Units and 131 Performance Stock Units acquired on August 10, 2026, and reports a prior sale of 2,585 shares on June 12, 2026 under a Rule 10b5-1 trading plan.