RealPage Inc (NASDAQ:RP) major shareholder Seren Capital, Ltd. sold 23,566 shares of the stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $44.24, for a total transaction of $1,042,559.84. Following the completion of the sale, the insider now directly owns 17,440,250 shares in the company, valued at $771,556,660. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

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

  • On Wednesday, December 13th, Seren Capital, Ltd. sold 73,501 shares of RealPage stock. The shares were sold at an average price of $44.32, for a total transaction of $3,257,564.32.
  • On Tuesday, November 28th, Seren Capital, Ltd. sold 195,016 shares of RealPage stock. The shares were sold at an average price of $45.34, for a total transaction of $8,842,025.44.
  • On Thursday, November 30th, Seren Capital, Ltd. sold 252,600 shares of RealPage stock. The shares were sold at an average price of $45.41, for a total transaction of $11,470,566.00.
  • On Monday, November 13th, Seren Capital, Ltd. sold 89,220 shares of RealPage stock. The shares were sold at an average price of $43.50, for a total transaction of $3,881,070.00.
  • On Wednesday, November 15th, Seren Capital, Ltd. sold 188,601 shares of RealPage stock. The shares were sold at an average price of $43.57, for a total transaction of $8,217,345.57.
  • On Thursday, September 28th, Seren Capital, Ltd. sold 153,154 shares of RealPage stock. The shares were sold at an average price of $39.93, for a total transaction of $6,115,439.22.
  • On Thursday, September 14th, Seren Capital, Ltd. sold 186,246 shares of RealPage stock. The shares were sold at an average price of $40.20, for a total transaction of $7,487,089.20.

Shares of RealPage Inc (NASDAQ RP) traded down $0.45 during mid-day trading on Thursday, hitting $44.05. 367,439 shares of the stock traded hands, compared to its average volume of 535,980. The stock has a market cap of $3,667.42, a price-to-earnings ratio of 80.46 and a beta of 1.08. RealPage Inc has a 1-year low of $28.00 and a 1-year high of $46.80. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.06 and a current ratio of 1.06.

RealPage (NASDAQ:RP) last announced its quarterly earnings data on Thursday, November 2nd. The software maker reported $0.22 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.22. The business had revenue of $169.76 million for the quarter, compared to analyst estimates of $170.73 million. RealPage had a net margin of 4.52% and a return on equity of 9.51%. The company’s revenue was up 14.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.20 EPS. equities analysts expect that RealPage Inc will post 0.57 earnings per share for the current year.

A number of research analysts have issued reports on the stock. Zacks Investment Research upgraded shares of RealPage from a “sell” rating to a “hold” rating in a report on Monday, August 21st. BidaskClub upgraded shares of RealPage from a “hold” rating to a “buy” rating in a report on Saturday, September 2nd. KeyCorp assumed coverage on shares of RealPage in a report on Thursday, September 7th. They issued an “overweight” rating and a $50.00 target price on the stock. Royal Bank of Canada restated a “hold” rating and issued a $42.00 target price on shares of RealPage in a report on Monday, September 11th. Finally, Benchmark upped their target price on shares of RealPage from $43.00 to $51.00 and gave the company a “buy” rating in a report on Wednesday, November 1st. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $46.57.

Several hedge funds have recently made changes to their positions in the company. Public Employees Retirement System of Ohio lifted its holdings in shares of RealPage by 41.2% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 227,560 shares of the software maker’s stock worth $9,080,000 after acquiring an additional 66,420 shares during the period. Sterling Capital Management LLC lifted its holdings in shares of RealPage by 15.8% during the 3rd quarter. Sterling Capital Management LLC now owns 54,630 shares of the software maker’s stock worth $2,180,000 after acquiring an additional 7,454 shares during the period. Insight Capital Research & Management Inc. purchased a new position in shares of RealPage during the 3rd quarter worth about $1,717,000. California Public Employees Retirement System lifted its holdings in shares of RealPage by 7.3% during the 3rd quarter. California Public Employees Retirement System now owns 185,810 shares of the software maker’s stock worth $7,414,000 after acquiring an additional 12,610 shares during the period. Finally, Point72 Asset Management L.P. lifted its holdings in shares of RealPage by 49.8% during the 3rd quarter. Point72 Asset Management L.P. now owns 182,100 shares of the software maker’s stock worth $7,266,000 after acquiring an additional 60,500 shares during the period. Institutional investors and hedge funds own 73.64% of the company’s stock.

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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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