William Shane Trigg, CEO of AppFolio Inc., sold $546,573 worth of Class A Common Stock on May 15, 2026, according to a recent SEC filing.
Mr. Trigg disposed of 3,584 shares at weighted average prices between $151.68 and $153.85 per share. The sales were executed under a pre-arranged 10b5-1 trading plan.
Following the sales, Mr. Trigg directly holds 76,547 shares. AppFolio stock currently trades at $159.82, down 28% over the past six months. Bond.az analysis suggests the stock remains undervalued relative to its Fair Value.
AppFolio reported strong Q1 results, beating analyst expectations with EPS of $1.61 and revenue of $262 million. Benchmark raised its price target to $226, while DA Davidson and Piper Sandler lowered their targets to $225 and $210 respectively.
