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APPF $212.49

APPF target price
212.49
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AppFolio Inc
Type
Public
Traded as NASDAQ: APPF
Industry Software
Founded 2006
Founder Klaus Schauser
Jon Walker
Headquarters Goleta, California, United States
Area served
USA
Key people
Klaus Schauser, Chief Strategist
Jon Walker, CTO
Jason Randall, President & CEO
Products

(see products)

  • AppFolio Property Manager
  • MyCase
Services Software as a Service
Number of employees
550 (as of November 2015)
Website appfolioinc.com

(see products)

AppFolio was founded in 2006 and offers software-as-a-service (SaaS) applications for vertical markets. AppFolio initially focused on Property Management. With the acquisition of MyCase in 2012, it expanded into the Law Practice Management industry.

The company’s headquarters is in Goleta, California, United States. It also has offices in San Diego, California; and Dallas, Texas.

AppFolio was established in 2006 by co-founders Klaus Schauser and Jon Walker. Schauser had previously founded Expertcity. The company’s first focus was Property Management for small-to-medium businesses and its first product, AppFolio Property Manager, was launched in 2007. In November 2012, AppFolio acquired MyCase, a "legal practice management software provider." AppFolio purchased real estate software firm RentLinx in April 2015. This acquisition included rights to the website ShowMeTheRent.com, which expanded the sphere of AppFolio’s clients and provided them with "greater listing presence". In May 2015, AppFolio announced its IPO, which was unveiled in June. It raised $74 million.

CODiE Awards (Software & Information Industry Association (SIIA)

Stevie Awards (American Business Awards)

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2016-05-13 Downgrade Morgan Stanley Overweight to Equal Weight $18.00 to $15.00
2016-05-10 Reiterated Rating Credit Suisse Hold
2016-05-10 Reiterated Rating Morgan Stanley Buy $18.00
2016-05-10 Reiterated Rating Credit Suisse Group AG Hold
2016-02-23 Lower Price Target Credit Suisse Neutral $19.00 to $13.00
2016-02-22 Reiterated Rating William Blair Outperform
2015-11-10 Reiterated Rating William Blair Outperform
2015-07-21 Initiated Coverage Pacific Crest Sector Weight
2015-07-21 Initiated Coverage Morgan Stanley Overweight $22.00
2015-07-21 Initiated Coverage William Blair Outperform
2015-07-21 Initiated Coverage Credit Suisse Neutral $19.00
2016-05-13 Downgrade Morgan Stanley Overweight to Equal Weight $18.00 to $15.00
2016-05-10 Reiterated Rating Credit Suisse Hold
2016-05-10 Reiterated Rating Morgan Stanley Buy $18.00
2016-05-10 Reiterated Rating Credit Suisse Group AG Hold
2016-02-23 Lower Price Target Credit Suisse Neutral $19.00 to $13.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks