AppFolio partners with Northpoint Asset Management to enhance property management efficiency using advanced technology and AI solutions.
Quiver AI Summary
AppFolio, a technology company specializing in real estate solutions, has been chosen by Northpoint Asset Management, a full-service property management firm managing over 8,000 rental units, to enhance its operational efficiency. Northpoint sought a performance-first platform to streamline operations and provide real-time insights, ultimately selecting AppFolio Property Manager Max for its user-friendly interface and AI capabilities. CEO Adam Haleck emphasized that this partnership will eliminate task-based silos, allowing the team to focus on overall outcomes and performance. AppFolio’s Chief Revenue Officer, Marcy Campbell, noted that this collaboration showcases Northpoint’s forward-thinking approach to business operations. The partnership highlights the trend of leading companies adopting AppFolio’s AI-native product suite to improve staff productivity and outcomes.
Potential Positives
- AppFolio has been selected by Northpoint Asset Management, a notable player managing over 8,000 units and $5 billion in real estate assets, reinforcing its reputation as a trusted partner in the industry.
- The partnership highlights AppFolio's advanced technology, including its AI-native product suite, which aims to enhance operational efficiency for its clients.
- The seamless transition to AppFolio's services emphasizes the company’s commitment to customer satisfaction and effective support, potentially attracting future clients.
- The collaboration is expected to empower Northpoint's operations, allowing for improved performance outcomes and stakeholder engagement, showcasing AppFolio's impact on real estate management efficiency.
Potential Negatives
- None
FAQ
What is the partnership between AppFolio and Northpoint Asset Management?
AppFolio has been selected by Northpoint Asset Management to power its operations and enhance its property management capabilities.
What services does Northpoint Asset Management provide?
Northpoint is a full-service property management company specializing in long-term single and multifamily rental homes, managing over 8,000 units.
Why did Northpoint choose AppFolio's Property Manager Max?
Northpoint chose AppFolio Property Manager Max for its intuitive user experience, performance-first platform, and AI leadership tailored for large residential operators.
How does AppFolio's technology benefit Northpoint's operations?
AppFolio's technology unifies data, streamlines operations, and provides real-time insights, helping Northpoint improve outcomes and focus on holistic performance.
What capabilities does AppFolio Realm-X offer?
AppFolio Realm-X includes embedded generative AI, allowing operators to delegate entire workflows and improve operational efficiency through agentic AI.
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 35 times in the past 6 months. Of those trades, 30 have been purchases and 5 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
- MATTHEW S MAZZA (Chief Legal Officer) sold 838 shares for an estimated $213,941
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$APPF Hedge Fund Activity
We have seen 187 institutional investors add shares of $APPF stock to their portfolio, and 214 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
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC added 422,594 shares (+inf%) to their portfolio in Q1 2025, for an estimated $92,928,420
- KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC added 354,061 shares (+84.4%) to their portfolio in Q1 2025, for an estimated $77,858,013
- 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 2 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Keefe, Bruyette & Woods issued a "Underweight" rating on 04/25/2025
- DA Davidson issued a "Buy" rating on 04/14/2025
- Stephens & Co. issued a "Overweight" rating on 01/31/2025
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 4 analysts offer price targets for $APPF in the last 6 months, with a median target of $270.0.
Here are some recent targets:
- Ryan Tomasello from Keefe, Bruyette & Woods set a target price of $205.0 on 04/25/2025
- Peter Heckmann from DA Davidson set a target price of $275.0 on 04/14/2025
- John Campbell from Stephens & Co. set a target price of $295.0 on 01/31/2025
- Brent Bracelin from Piper Sandler set a target price of $265.0 on 01/31/2025
Full Release
SANTA BARBARA, Calif., July 16, 2025 (GLOBE NEWSWIRE) -- AppFolio (NASDAQ:APPF), the technology leader powering the future of the real estate industry, announced that it has been selected by Northpoint Asset Management to power its operations.
Headquartered in Salt Lake City, UT, Northpoint is a full-service property management company for long-term single and multifamily rental homes, managing over 8,000 units. With more than $5 billion in real estate assets managed, Northpoint identified the need for a performance-first platform that could unify data, streamline operations, and deliver real-time insights to owners. Northpoint chose AppFolio Property Manager Max , an enterprise-grade solution specifically tailored for large residential operators, for its intuitive user experience and leadership in AI.
“It’s essential that our tools evolve with us as we expand our geographic footprint and portfolio,” said Adam Haleck, CEO at Northpoint Asset Management. “AppFolio will free our team from task-based silos, allowing us to focus on holistic outcomes and unlocking tangible performance.”
“Moving to AppFolio was a seamless experience, which speaks volumes about the partnership. AppFolio’s significant and ongoing investment in product development, along with their client-first support team, reinforces our confidence that Northpoint’s residents and owners will continue to have the best experiences and outcomes,” Haleck continued.
“Northpoint Asset Management is a forward-thinking operator that recognizes the power of a unified experience across its entire business,” said Marcy Campbell, Chief Revenue Officer at AppFolio. “We’re excited to help Northpoint harness the full performance potential of their operations, empowering their teams to act proactively, delight stakeholders, and thrive.”
This partnership underscores how leading operators are choosing AppFolio Realm, the company’s AI-native product suite, to help them free up staff while delivering improved outcomes. AppFolio Realm-X – its embedded generative AI – continues to expand its capabilities, including the recently announced AppFolio Realm-X Performers, which empower operators to delegate entire workflows through agentic AI.
About Northpoint Asset Management, Inc.
Northpoint, a founder-led business, is a full-service property management company for long-term single and multifamily rental homes with 40+ office locations across the US. Northpoint manages real estate for thousands of clients across the US, including some of the nation’s largest-institutional investors.
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:
AppFolio
[email protected]
