RealPage Inc. (NASDAQ:RP) Chairman Stephen T. Winn sold 149,500 shares of the company’s stock in a transaction dated Monday, November 14th. The stock was sold at an average price of $28.39, for a total value of $4,244,305.00. Following the completion of the sale, the chairman now owns 4,049,499 shares in the company, valued at approximately $114,965,276.61. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

RealPage Inc. (NASDAQ:RP) opened at 28.15 on Wednesday. RealPage Inc. has a 52-week low of $16.06 and a 52-week high of $29.41. The stock has a 50 day moving average price of $26.30 and a 200 day moving average price of $24.35. The stock has a market cap of $2.27 billion, a P/E ratio of 165.59 and a beta of 0.96.

RealPage (NASDAQ:RP) last released its earnings results on Thursday, November 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.01. RealPage had a return on equity of 9.75% and a net margin of 2.44%. The company had revenue of $147.80 million for the quarter, compared to analysts’ expectations of $147.07 million. During the same quarter in the previous year, the firm posted $0.15 EPS. The firm’s quarterly revenue was up 21.6% on a year-over-year basis. On average, equities research analysts forecast that RealPage Inc. will post $0.74 EPS for the current year.

Insider Buying and Selling by Quarter for RealPage (NASDAQ:RP)

Institutional investors have recently added to or reduced their stakes in the company. FMR LLC boosted its position in RealPage by 67.6% in the second quarter. FMR LLC now owns 6,202,860 shares of the company’s stock valued at $138,510,000 after buying an additional 2,502,486 shares during the last quarter. Vanguard Group Inc. boosted its position in RealPage by 5.3% in the second quarter. Vanguard Group Inc. now owns 3,795,263 shares of the company’s stock valued at $84,748,000 after buying an additional 190,299 shares during the last quarter. Janus Capital Management LLC boosted its position in RealPage by 1.5% in the second quarter. Janus Capital Management LLC now owns 3,731,253 shares of the company’s stock valued at $83,319,000 after buying an additional 53,822 shares during the last quarter. Eagle Asset Management Inc. boosted its position in RealPage by 4.1% in the second quarter. Eagle Asset Management Inc. now owns 2,042,724 shares of the company’s stock valued at $45,614,000 after buying an additional 81,378 shares during the last quarter. Finally, BlackRock Fund Advisors boosted its position in RealPage by 5.2% in the third quarter. BlackRock Fund Advisors now owns 1,468,680 shares of the company’s stock valued at $37,745,000 after buying an additional 72,952 shares during the last quarter. Institutional investors own 66.58% of the company’s stock.

A number of brokerages have recently commented on RP. Benchmark Co. upped their target price on RealPage from $30.00 to $33.00 and gave the stock a “buy” rating in a research note on Monday. TheStreet upgraded RealPage from a “hold” rating to a “buy” rating in a research note on Friday, November 4th. Credit Suisse Group AG set a $24.00 target price on RealPage and gave the stock a “sell” rating in a research note on Sunday, November 6th. Deutsche Bank AG restated a “buy” rating and issued a $30.00 target price (down previously from $32.00) on shares of RealPage in a research note on Friday, November 4th. Finally, Stephens began coverage on RealPage in a research note on Wednesday, October 19th. They issued an “overweight” rating on the stock. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $28.71.

About RealPage

RealPage, Inc is a provider of on demand software and software-enabled solutions for the rental housing industry. The Company’s property management solutions enables owners and managers of single family and multifamily rental property types to manage their marketing, pricing, screening, leasing, accounting, purchasing and other property operations.

5 Day Chart for NASDAQ:RP

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