An AppFolio Insider Has Been Selling for Weeks. Here's What to Know
Duca has been steadily selling shares since early July.
Overview
Maurice J. Duca, an insider at AppFolio, Inc. (NASDAQ:APPF), disposed of 14,707 shares of Class A Common Stock on August 12 and August 13, according to an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($197.28); post-transaction value based on the August 13 market close ($203.97).
Details
AppFolio operates as a leading provider of cloud-based software solutions for the real estate industry, with a market capitalization of $7.3 billion and TTM revenues of $1.0 billion. The company has established a strong competitive position through its integrated platform approach, combining accounting, property management, and communication functionalities to address the comprehensive operational needs of property managers and real estate professionals.
Source
Originally published at www.fool.com.