Top Buys by Directors: Casey III's $870.9K Bet on APPF
By Market News Video Staff, Thursday, August 21, 2025, 1:23 PM ET
The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by company directors over the trailing six month period, one of which was a total of $870.9K by Robert Donald Casey III, Director at AppFolio Inc (APPF).
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Start slideshow:Casey III bets big on APPF:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 06/06/2025 | Robert Donald Casey III | Director | 4,000 | $217.73 | $870,920.00 |
Casey III's average cost works out to $217.73/share. Shares of AppFolio Inc were changing hands at $266.32 at last check, trading down about 0.2% on Thursday. The chart below shows the one year performance of APPF shares, versus its 200 day moving average:
Looking at the chart above, APPF's low point in its 52 week range is $189.01 per share, with $326.04 as the 52 week high point — that compares with a last trade of $266.32.
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