Tim Eaton appointed Chief Financial Officer of AppFolio, effective July 30, 2025, succeeding his interim role.
Quiver AI Summary
AppFolio, a technology leader in the real estate industry, has appointed Tim Eaton as its Chief Financial Officer, effective July 30, 2025. Eaton, who has been with AppFolio since 2020, served as Interim CFO from October 2024 and has held several significant roles within the company, including Chief of Staff to the CEO. His prior experience includes positions at Visa, Google, and Goldman Sachs. Eaton holds an M.B.A. from the Wharton School and is a CFA charterholder. CEO Shane Trigg expressed confidence in Eaton's leadership in steering the company toward future growth. Eaton emphasized his pride in being part of an innovative organization focused on customer partnerships and trust-building in the real estate sector.
Potential Positives
- Tim Eaton's appointment as CFO signifies continuity and stability within AppFolio's leadership, as he has been involved with the company in key roles since 2020.
- Eaton's prior experience at renowned companies such as Visa, Google, and Goldman Sachs enhances AppFolio's credibility and strategic vision in the tech-driven real estate market.
- The CEO's statement about Eaton's impactful leadership highlights a focus on long-term growth and success for AppFolio, which is reassuring for shareholders.
Potential Negatives
- The press release highlights the uncertainty inherent in its forward-looking statements, which may lead to concerns among investors regarding the company's future performance and financial health.
- Tim Eaton's recent promotion from Interim Chief Financial Officer could imply instability or a lack of a settled management team, suggesting potential governance concerns.
- There is no specific mention of current financial results or performance metrics, which can be seen as a negative indicator of transparency and may raise questions about the company's current standing.
FAQ
Who was appointed as CFO of AppFolio?
Tim Eaton was appointed as the Chief Financial Officer of AppFolio, effective July 30, 2025.
What previous roles did Tim Eaton hold at AppFolio?
Before becoming CFO, Tim Eaton served as Interim CFO, Chief of Staff to the CEO, and other leadership positions since 2020.
What is AppFolio known for?
AppFolio is a technology leader focused on powering the future of the real estate industry through innovative platforms and partnerships.
What is Tim Eaton's educational background?
Tim Eaton has an M.B.A. from Wharton, a B.S. from Brigham Young University, and is a CFA charterholder.
How does Tim Eaton view AppFolio's future?
Tim Eaton believes AppFolio's future is bright, emphasizing the company's commitment to innovation and customer partnerships.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$APPF Congressional Stock Trading
Members of Congress have traded $APPF stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $APPF stock by members of Congress over the last 6 months:
- REPRESENTATIVE JOSH GOTTHEIMER sold up to $15,000 on 04/09.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$APPF Insider Trading Activity
$APPF insiders have traded $APPF stock on the open market 34 times in the past 6 months. Of those trades, 30 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $APPF stock by insiders over the last 6 months:
- TIMOTHY K BLISS has made 9 purchases buying 22,000 shares for an estimated $4,778,053 and 0 sales.
- ALEXANDER WOLF has made 20 purchases buying 13,500 shares for an estimated $2,903,482 and 0 sales.
- WILLIAM SHANE TRIGG (Chief Executive Officer) has made 0 purchases and 2 sales selling 9,401 shares for an estimated $2,008,217.
- ELIZABETH ERIN BARAT (Chief People Officer) sold 4,682 shares for an estimated $1,066,512
- ROBERT DONALD III CASEY purchased 4,000 shares for an estimated $870,920
- TIMOTHY MATHIAS EATON (Int. Chief Financial Officer) sold 1,057 shares for an estimated $233,734
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$APPF Hedge Fund Activity
We have seen 180 institutional investors add shares of $APPF stock to their portfolio, and 227 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AQR CAPITAL MANAGEMENT LLC removed 471,558 shares (-71.9%) from their portfolio in Q1 2025, for an estimated $103,695,604
- KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC added 354,061 shares (+84.4%) to their portfolio in Q1 2025, for an estimated $77,858,013
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC added 310,834 shares (+73.6%) to their portfolio in Q2 2025, for an estimated $71,578,853
- FMR LLC added 248,693 shares (+41.6%) to their portfolio in Q1 2025, for an estimated $54,687,590
- PRINCIPAL FINANCIAL GROUP INC added 220,239 shares (+121.2%) to their portfolio in Q1 2025, for an estimated $48,430,556
- FULLER & THALER ASSET MANAGEMENT, INC. removed 185,054 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $40,693,374
- JACOBS LEVY EQUITY MANAGEMENT, INC added 169,016 shares (+4272.4%) to their portfolio in Q1 2025, for an estimated $37,166,618
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$APPF Analyst Ratings
Wall Street analysts have issued reports on $APPF in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- DA Davidson issued a "Buy" rating on 04/14/2025
To track analyst ratings and price targets for $APPF, check out Quiver Quantitative's $APPF forecast page.
$APPF Price Targets
Multiple analysts have issued price targets for $APPF recently. We have seen 3 analysts offer price targets for $APPF in the last 6 months, with a median target of $267.0.
Here are some recent targets:
- Ryan Tomasello from Keefe, Bruyette & Woods set a target price of $267.0 on 07/31/2025
- Brent Bracelin from Piper Sandler set a target price of $240.0 on 07/17/2025
- Peter Heckmann from DA Davidson set a target price of $275.0 on 04/14/2025
Full Release
SANTA BARBARA, Calif., July 31, 2025 (GLOBE NEWSWIRE) -- AppFolio (NASDAQ:APPF), the technology leader powering the future of the real estate industry, today announced that its Board of Directors has appointed Tim Eaton as the Chief Financial Officer of AppFolio, effective July 30, 2025.
Eaton's appointment follows a distinguished tenure at AppFolio, where he most recently served as Interim Chief Financial Officer since October 2024. Since joining AppFolio in 2020, he has also held other key positions including Chief of Staff to the CEO and various other leadership roles. Before joining AppFolio, Eaton built a strong foundation through his work in financial, strategic, and operational positions at Visa, Google, and Goldman Sachs. He earned his M.B.A. in finance and entrepreneurship from the Wharton School at the University of Pennsylvania, a B.S. in Business Management from Brigham Young University, and is a CFA charterholder.
“Tim’s appointment reflects his impactful leadership in positioning AppFolio for long-term growth and success,” said Shane Trigg, CEO of AppFolio. “I look forward to continuing to partner with Tim as we drive AppFolio’s path forward, focused on creating even greater value for our customers, our people, and our shareholders.”
“AppFolio’s future is bright, and I am deeply proud to be part of an organization that values continuous innovation, close customer partnerships, and building trust every day,” said Eaton. “We are building the platform where the real estate industry comes to do business, and I am honored to fully embrace the CFO role and help lead our exceptional team as we power the future of the real estate industry.”
About AppFolio
AppFolio is the technology leader powering the future of the real estate industry. Our innovative platform and trusted partnership enable our customers to connect communities, increase operational efficiency, and grow their business. For more information about AppFolio, visit appfolio.com.
For more information, please contact:
Stephanie Mitchell
[email protected]
Lori Barker
[email protected]
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements are subject to considerable risks and uncertainties. Forward-looking statements include all statements that are not statements of historical fact contained in this press release, and can be identified by words such as “anticipates,” “believes,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “future’” “predicts, “projects,” “target,” “seeks,” “contemplates,” “should,” “will,” “would” or similar expressions and the negatives of those expressions. In particular, forward-looking statements contained in this press release relate to future operating results and financial position, including the Company's fiscal year 2025 financial outlook, anticipated future expenses and investments, the Company's business opportunities, the impact of the Company's strategic actions and initiatives, the effect of the Company's 2025 Share Repurchase Program, the potential benefits and effect of the Company's resident experience related services, including FolioSpace, and their impact on the Company’s plans, objectives, expectations and capabilities.
Forward-looking statements represent AppFolio's current beliefs and expectations based on information currently available and speak only as of the date the statement is made. Forward-looking statements are subject to numerous known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. The risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to materially differ from those expressed or implied by these forward-looking statements include those risks, uncertainties and other factors described in the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, which was filed with the SEC on February 6, 2025, as such risk factors may be updated from time to time in our subsequent filings with the SEC, and the section entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s most recently filed Annual Report on Form 10-K or Quarterly Report on Form 10-Q, as well as in the Company's other filings with the SEC. You should read this press release with the understanding that the Company's actual future results may be materially different from the results expressed or implied by these forward-looking statements.
The Company undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/898e150a-0354-4ac2-8326-f803d579ccd2
