RealPage, Inc. (NASDAQ:RP) Chairman Stephen T. Winn sold 163,600 shares of the business’s stock in a transaction that occurred on Thursday, September 7th. The stock was sold at an average price of $41.55, for a total value of $6,797,580.00. Following the completion of the sale, the chairman now owns 3,143,085 shares of the company’s stock, valued at approximately $130,595,181.75. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Shares of RealPage, Inc. (NASDAQ:RP) opened at 41.85 on Friday. RealPage, Inc. has a 12 month low of $23.69 and a 12 month high of $43.65. The firm has a 50-day moving average price of $40.61 and a 200 day moving average price of $36.97. The company has a market cap of $3.31 billion, a P/E ratio of 130.78 and a beta of 1.06.

RealPage (NASDAQ:RP) last posted its quarterly earnings data on Wednesday, August 2nd. The software maker reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.01. The business had revenue of $161.30 million during the quarter, compared to analyst estimates of $160.02 million. RealPage had a return on equity of 10.26% and a net margin of 4.25%. The company’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same period last year, the company earned $0.18 EPS. Equities analysts predict that RealPage, Inc. will post $0.93 earnings per share for the current year.

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

Several brokerages have weighed in on RP. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $42.00 price objective (up previously from $38.00) on shares of RealPage in a research report on Wednesday, August 9th. Zacks Investment Research downgraded RealPage from a “hold” rating to a “sell” rating in a research report on Wednesday, August 9th. Deutsche Bank AG reiterated a “buy” rating and issued a $45.00 price objective (up previously from $42.00) on shares of RealPage in a research report on Wednesday, August 9th. Stephens reiterated an “overweight” rating and issued a $47.00 price objective (up previously from $42.00) on shares of RealPage in a research report on Thursday, August 3rd. Finally, JMP Securities reiterated an “outperform” rating and issued a $43.00 price objective on shares of RealPage in a research report on Monday, May 15th. One analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company. RealPage currently has an average rating of “Buy” and an average price target of $41.29.

About RealPage

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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