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Stock impact report

Brown Capital Dumps 190,000 AppFolio Shares Worth $45.1 Million [Yahoo! Finance]

AppFolio, Inc. - Class A (APPF) 
Last appfolio, inc. - class a earnings: 3/2 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
On February 17, 2026, Brown Capital Management reported selling 189,819 AppFolio shares, an estimated $45.11 million trade based on quarterly average pricing, per SEC filings. What happened According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, Brown Capital Management sold 189,819 shares of AppFolio (NASDAQ:APPF) during the fourth quarter. The estimated transaction value was $45.11 million, based on the average closing price for the period. The quarter-end value of the AppFolio position declined by $58.87 million, a figure that includes both the share reduction and changes in the stock price. What else to know Brown Capital Management's AppFolio position now represents 2.9% of its 13F assets under management after the sale. Top five holdings after the filing: NASDAQ:CAMT: $114.33 million (9.4% of AUM) NASDAQ:GLBE: $94.53 million (7.8% of AUM) NASDAQ:CYBR: $68.04 million (5.6% of AUM) NASDAQ:RGEN: $44.89 million (3.7% of AUM) NASDA Show less Read more
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