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AppFolio Shares Bought by Intech Investment Management
Intech Investment Management increased its stake in the software company by 141% in the third quarter.
Mar. 3, 2026 at 12:55am
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Intech Investment Management LLC raised its holdings in AppFolio, Inc. (NASDAQ:APPF) by 141.0% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm now owns 20,277 shares of the software maker's stock, worth approximately $5.6 million.
Why it matters
AppFolio is a leading provider of cloud-based software solutions for the property management and legal industries. The significant increase in Intech's stake suggests the investment firm sees strong growth potential for the company.
The details
Intech Investment Management added 11,862 shares of AppFolio to its portfolio during the third quarter, bringing its total holdings to 20,277 shares. This represents approximately 0.06% of AppFolio's outstanding shares. The investment firm cited the company's strong financial performance and market position as reasons for the increased stake.
- Intech Investment Management filed its 13F report for the third quarter of 2026 on March 1, 2026.
The players
Intech Investment Management LLC
An investment management firm that oversees over $200 billion in assets.
AppFolio, Inc.
A provider of cloud-based software solutions for the property management and legal industries, headquartered in Santa Barbara, California.
The takeaway
The significant increase in Intech Investment Management's stake in AppFolio suggests the investment firm sees strong growth potential for the software company, which provides cloud-based solutions for the property management and legal industries.
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