RealPage Inc. (NASDAQ:RP) Director Alfred R. Berkeley III sold 10,000 shares of the stock in a transaction dated Monday, November 21st. The stock was sold at an average price of $29.35, for a total transaction of $293,500.00. Following the transaction, the director now owns 39,309 shares in the company, valued at $1,153,719.15. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

RealPage Inc. (NASDAQ:RP) traded down 0.85% during mid-day trading on Wednesday, hitting $29.10. 58,641 shares of the stock were exchanged. The company has a 50-day moving average price of $26.75 and a 200-day moving average price of $24.61. The company has a market cap of $2.34 billion, a P/E ratio of 171.18 and a beta of 0.96. RealPage Inc. has a one year low of $16.06 and a one year high of $29.75.

RealPage (NASDAQ:RP) last released its earnings results on Thursday, November 3rd. The company reported $0.20 earnings per share for the quarter, beating 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 business posted $0.15 EPS. The business’s revenue for the quarter was up 21.6% on a year-over-year basis. On average, analysts predict that RealPage Inc. will post $0.74 earnings per share for the current fiscal year.

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

Several research firms recently commented on RP. Credit Suisse Group AG set a $24.00 price target on shares of RealPage and gave the company a “sell” rating in a report on Sunday, November 6th. Royal Bank Of Canada raised their price target on shares of RealPage from $23.00 to $27.00 and gave the company a “sector perform” rating in a report on Thursday, August 4th. Zacks Investment Research lowered shares of RealPage from a “hold” rating to a “sell” rating in a report on Tuesday, August 9th. JMP Securities raised their price target on shares of RealPage from $28.00 to $35.00 and gave the company a “market outperform” rating in a report on Thursday, August 4th. Finally, Benchmark Co. restated a “buy” rating and issued a $30.00 price target on shares of RealPage in a report on Friday, November 4th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $28.71.

Institutional investors have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. boosted its position in RealPage by 0.5% in the second quarter. Principal Financial Group Inc. now owns 12,617 shares of the company’s stock valued at $282,000 after buying an additional 59 shares during the period. American International Group Inc. raised its stake in shares of RealPage by 0.6% in the second quarter. American International Group Inc. now owns 31,120 shares of the company’s stock valued at $695,000 after buying an additional 197 shares in the last quarter. First Trust Advisors LP raised its stake in shares of RealPage by 0.8% in the third quarter. First Trust Advisors LP now owns 52,571 shares of the company’s stock valued at $1,351,000 after buying an additional 436 shares in the last quarter. Eqis Capital Management Inc. raised its stake in shares of RealPage by 3.5% in the second quarter. Eqis Capital Management Inc. now owns 26,833 shares of the company’s stock valued at $599,000 after buying an additional 896 shares in the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. raised its stake in shares of RealPage by 2.8% in the third quarter. Los Angeles Capital Management & Equity Research Inc. now owns 34,465 shares of the company’s stock valued at $886,000 after buying an additional 940 shares in the last quarter. 66.45% of the stock is currently owned by institutional investors.

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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

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