RealPage, Inc. (NASDAQ:RP) major shareholder Seren Capital, Ltd. sold 95,760 shares of the company’s stock in a transaction on Thursday, August 10th. The stock was sold at an average price of $38.98, for a total transaction of $3,732,724.80. Following the sale, the insider now directly owns 18,486,216 shares in the company, valued at $720,592,699.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% 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 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 transaction of $1,887,908.40.
  • 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 transaction 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 transaction 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 transaction 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 transaction of $3,275,949.60.
  • On Wednesday, May 24th, Seren Capital, Ltd. sold 95,760 shares of RealPage stock. The stock was sold at an average price of $34.41, for a total transaction of $3,295,101.60.

Shares of RealPage, Inc. (NASDAQ RP) traded up 4.86% during trading on Friday, hitting $39.90. 824,998 shares of the stock traded hands. The stock has a market cap of $3.15 billion, a price-to-earnings ratio of 124.69 and a beta of 1.11. RealPage, Inc. has a 1-year low of $23.69 and a 1-year high of $43.65. The stock has a 50 day moving average price of $38.30 and a 200-day moving average price of $35.63.

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

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A number of large investors have recently made changes to their positions in RP. Dimensional Fund Advisors LP boosted its stake in shares of RealPage by 549.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 91,307 shares of the software maker’s stock worth $2,739,000 after buying an additional 77,246 shares in the last quarter. Guggenheim Capital LLC purchased a new stake in shares of RealPage during the fourth quarter worth about $222,000. Norges Bank purchased a new stake in shares of RealPage during the fourth quarter worth about $12,910,000. Teachers Advisors LLC boosted its stake in shares of RealPage by 0.5% in the fourth quarter. Teachers Advisors LLC now owns 459,318 shares of the software maker’s stock worth $13,780,000 after buying an additional 2,508 shares in the last quarter. Finally, Capital Impact Advisors LLC purchased a new stake in shares of RealPage during the first quarter worth about $1,779,000. Institutional investors and hedge funds own 67.44% of the company’s stock.

Several equities analysts have recently weighed in on the stock. Royal Bank Of Canada reissued a “sector perform” rating and issued a $42.00 price objective (up from $38.00) on shares of RealPage in a research report on Wednesday. Deutsche Bank AG reissued a “buy” rating and issued a $45.00 price objective (up from $42.00) on shares of RealPage in a research report on Wednesday. Zacks Investment Research lowered shares of RealPage from a “hold” rating to a “sell” rating in a research report on Wednesday. Stephens reissued an “overweight” rating and issued a $47.00 price objective (up from $42.00) on shares of RealPage in a research report on Thursday, August 3rd. Finally, JMP Securities reissued an “outperform” rating and issued a $43.00 price objective on shares of RealPage in a research report on Friday, May 5th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $39.83.

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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