RealPage, Inc. (NASDAQ:RP) major shareholder Seren Capital, Ltd. sold 47,880 shares of the company’s stock in a transaction on Monday, August 28th. The shares were sold at an average price of $40.79, for a total transaction of $1,953,025.20. Following the completion of the sale, the insider now owns 18,390,456 shares of the company’s stock, valued at approximately $750,146,700.24. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

  • On Tuesday, August 29th, Seren Capital, Ltd. sold 95,760 shares of RealPage stock. The stock was sold at an average price of $40.95, for a total value of $3,921,372.00.
  • On Wednesday, August 9th, Seren Capital, Ltd. sold 47,880 shares of RealPage stock. The stock was sold at an average price of $39.43, for a total value of $1,887,908.40.
  • On Thursday, August 10th, Seren Capital, Ltd. sold 95,760 shares of RealPage stock. The stock was sold at an average price of $38.98, for a total value of $3,732,724.80.
  • On Monday, June 26th, Seren Capital, Ltd. sold 47,880 shares of RealPage stock. The stock was sold at an average price of $37.17, for a total value of $1,779,699.60.
  • On Tuesday, June 27th, Seren Capital, Ltd. sold 95,760 shares of RealPage stock. The stock was sold at an average price of $36.95, for a total value of $3,538,332.00.
  • On Wednesday, June 14th, Seren Capital, Ltd. sold 95,760 shares of RealPage stock. The stock was sold at an average price of $34.93, for a total value of $3,344,896.80.
  • On Thursday, June 1st, Seren Capital, Ltd. sold 95,760 shares of RealPage stock. The stock was sold at an average price of $34.21, for a total value of $3,275,949.60.

RealPage, Inc. (NASDAQ:RP) traded up 2.01% during trading on Thursday, reaching $43.05. The company’s stock had a trading volume of 391,822 shares. RealPage, Inc. has a 12 month low of $23.69 and a 12 month high of $43.65. The company has a market cap of $3.40 billion, a P/E ratio of 134.53 and a beta of 1.11. The stock’s 50-day moving average is $39.57 and its 200 day moving average is $36.39.

RealPage (NASDAQ:RP) last issued its quarterly earnings data on Wednesday, August 2nd. The software maker reported $0.23 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.01. RealPage had a net margin of 4.25% and a return on equity of 10.26%. The business had revenue of $161.30 million during the quarter, compared to the consensus estimate of $160.02 million. During the same period in the prior year, the firm posted $0.18 EPS. The firm’s quarterly revenue was up 13.2% compared to the same quarter last year. On average, equities analysts forecast that RealPage, Inc. will post $0.93 EPS for the current fiscal year.

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A number of large investors have recently modified their holdings of RP. Bessemer Group Inc. increased its stake in shares of RealPage by 2.0% in the second quarter. Bessemer Group Inc. now owns 5,000 shares of the software maker’s stock worth $180,000 after buying an additional 100 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. increased its stake in shares of RealPage by 0.3% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 38,088 shares of the software maker’s stock worth $1,369,000 after buying an additional 100 shares during the last quarter. Martingale Asset Management L P increased its stake in shares of RealPage by 1.4% in the second quarter. Martingale Asset Management L P now owns 7,214 shares of the software maker’s stock worth $260,000 after buying an additional 100 shares during the last quarter. Renaissance Group LLC increased its stake in shares of RealPage by 2.4% in the second quarter. Renaissance Group LLC now owns 9,424 shares of the software maker’s stock worth $339,000 after buying an additional 218 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of RealPage by 10.6% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,841 shares of the software maker’s stock worth $102,000 after buying an additional 272 shares during the last quarter. 70.49% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts have issued reports on the company. Zacks Investment Research upgraded RealPage from a “sell” rating to a “hold” rating in a report on Monday, August 21st. Royal Bank Of Canada reiterated a “sector perform” rating and set a $42.00 target price (up previously from $38.00) on shares of RealPage in a report on Wednesday, August 9th. Deutsche Bank AG reiterated a “buy” rating and set a $45.00 target price (up previously from $42.00) on shares of RealPage in a report on Wednesday, August 9th. Finally, Stephens reiterated an “overweight” rating and set a $47.00 target price (up previously from $42.00) on shares of RealPage in a report on Thursday, August 3rd. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the stock. RealPage has a consensus rating of “Hold” and an average price target of $39.83.

RealPage Company Profile

RealPage, Inc is a provider of technology to the real estate industry, helping owners, managers and investors. The Company’s property management solutions are referred to as Enterprise Resource Planning systems. Its on demand platform provides a single point of access and a repository of real-time lease transaction data, including prospect, renter and property data.

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

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