AppFolio director Maurice Duca sells $1.15m in shares

AppFolio Inc. (NASDAQ:APPF) Director Maurice J. Duca sold $1.15 million worth of Class A Common Stock on August 7, 2026, through a Rule 10b5-1 trading plan. The shares were sold at prices between $195.61 and $203.55 per share, with 209 shares from a Family Trust and 4,800 shares from a Pension Trust. Despite the sale, Duca indirectly holds a significant number of shares through various trusts and LLCs, and AppFolio reported a 19% increase in second-quarter revenue, reaching $281 million, surpassing Wall Street’s forecast.

DA Davidson has reiterated a Buy rating for AppFolio with a price target of $225.00, citing growth drivers such as accelerating premium tier adoption and new offerings.

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