RealPage Inc. (NASDAQ:RP) major shareholder Seren Capital, Ltd. sold 24,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 16th. The stock was sold at an average price of $28.33, for a total transaction of $679,920.00. Following the sale, the insider now owns 19,336,417 shares of the company’s stock, valued at approximately $547,800,693.61. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Seren Capital, Ltd. also recently made the following trade(s):

  • On Monday, November 14th, Seren Capital, Ltd. sold 59,800 shares of RealPage stock. The stock was sold at an average price of $28.39, for a total transaction of $1,697,722.00.
  • On Wednesday, September 28th, Seren Capital, Ltd. sold 24,000 shares of RealPage stock. The stock was sold at an average price of $25.63, for a total transaction of $615,120.00.
  • On Friday, September 23rd, Seren Capital, Ltd. sold 35,963 shares of RealPage stock. The stock was sold at an average price of $26.12, for a total transaction of $939,353.56.
  • On Thursday, September 15th, Seren Capital, Ltd. sold 44,000 shares of RealPage stock. The stock was sold at an average price of $24.84, for a total transaction of $1,092,960.00.
  • On Thursday, September 8th, Seren Capital, Ltd. sold 64,000 shares of RealPage stock. The stock was sold at an average price of $25.50, for a total transaction of $1,632,000.00.
  • On Thursday, September 1st, Seren Capital, Ltd. sold 9,000 shares of RealPage stock. The stock was sold at an average price of $25.58, for a total transaction of $230,220.00.
  • On Friday, August 26th, Seren Capital, Ltd. sold 18,000 shares of RealPage stock. The stock was sold at an average price of $25.58, for a total transaction of $460,440.00.

RealPage Inc. (NASDAQ:RP) opened at 28.95 on Monday. The stock’s 50 day moving average is $26.48 and its 200-day moving average is $24.42. The firm has a market capitalization of $2.33 billion, a PE ratio of 170.29 and a beta of 0.96. RealPage Inc. has a 1-year low of $16.06 and a 1-year high of $29.41.

RealPage (NASDAQ:RP) last released its quarterly earnings results on Thursday, November 3rd. The company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.01. RealPage had a net margin of 2.44% and a return on equity of 9.75%. The business earned $147.80 million during the quarter, compared to the consensus estimate of $147.07 million. During the same quarter last year, the company earned $0.15 earnings per share. The business’s quarterly revenue was up 21.6% compared to the same quarter last year. 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)

A number of institutional investors have recently made changes to their positions in the company. BNP Paribas Arbitrage SA boosted its position in shares of RealPage by 114.1% in the third quarter. BNP Paribas Arbitrage SA now owns 4,482 shares of the company’s stock valued at $115,000 after buying an additional 2,389 shares during the period. US Bancorp DE boosted its position in shares of RealPage by 182.7% in the second quarter. US Bancorp DE now owns 4,523 shares of the company’s stock valued at $101,000 after buying an additional 2,923 shares during the period. BlackRock Inc. boosted its position in shares of RealPage by 47.3% in the second quarter. BlackRock Inc. now owns 5,235 shares of the company’s stock valued at $117,000 after buying an additional 1,682 shares during the period. SG Americas Securities LLC purchased a new position in shares of RealPage during the third quarter valued at about $157,000. Finally, Simplex Trading LLC boosted its position in shares of RealPage by 8,167.1% in the third quarter. Simplex Trading LLC now owns 7,027 shares of the company’s stock valued at $180,000 after buying an additional 6,942 shares during the period. Hedge funds and other institutional investors own 66.45% of the company’s stock.

Several analysts recently commented on RP shares. JMP Securities reiterated a “buy” rating on shares of RealPage in a research report on Tuesday, September 20th. Deutsche Bank AG reiterated a “buy” rating and issued a $30.00 price target (down previously from $32.00) on shares of RealPage in a research report on Friday, November 4th. Stephens started coverage on shares of RealPage in a research report on Wednesday, October 19th. They issued an “overweight” rating for the company. RBC Capital Markets reiterated a “sector perform” rating and issued a $27.00 price target (up previously from $23.00) on shares of RealPage in a research report on Thursday, August 4th. Finally, Benchmark Co. upped their price target on shares of RealPage from $30.00 to $33.00 and gave the company a “buy” rating in a research report on Monday, November 14th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $28.71.

RealPage Company Profile

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

Receive News & Stock Ratings for RealPage Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RealPage Inc. and related stocks with our FREE daily email newsletter.