RealPage, Inc. (RP) EVP Ashley Chaffin Glover Sells 13,822 Shares
RealPage, Inc. (NASDAQ:RP) EVP Ashley Chaffin Glover sold 13,822 shares of the stock in a transaction on Thursday, August 31st. The stock was sold at an average price of $42.46, for a total transaction of $586,882.12. Following the sale, the executive vice president now owns 107,154 shares of the company’s stock, valued at $4,549,758.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Ashley Chaffin Glover also recently made the following trade(s):
- On Wednesday, August 16th, Ashley Chaffin Glover sold 9,192 shares of RealPage stock. The stock was sold at an average price of $41.75, for a total transaction of $383,766.00.
Shares of RealPage, Inc. (RP) opened at 42.80 on Wednesday. RealPage, Inc. has a 12-month low of $23.69 and a 12-month high of $43.65. The firm has a market capitalization of $3.38 billion, a PE ratio of 133.75 and a beta of 1.06. The firm has a 50-day moving average of $40.42 and a 200-day moving average of $36.87.
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, beating the Zacks’ consensus estimate of $0.22 by $0.01. The business had revenue of $161.30 million for the quarter, compared to the consensus estimate of $160.02 million. RealPage had a net margin of 4.25% and a return on equity of 10.26%. The company’s quarterly revenue was up 13.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.18 EPS. Equities analysts anticipate that RealPage, Inc. will post $0.93 earnings per share for the current year.
Several equities research analysts have recently weighed in on RP shares. Deutsche Bank AG reiterated a “buy” rating and set a $42.00 price objective (up from $40.00) on shares of RealPage in a research report on Tuesday, July 18th. Royal Bank Of Canada increased their price objective on shares of RealPage from $38.00 to $42.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 3rd. BidaskClub upgraded shares of RealPage from a “hold” rating to a “buy” rating in a research report on Saturday. Zacks Investment Research upgraded shares of RealPage from a “sell” rating to a “hold” rating in a research report on Monday, August 21st. Finally, JMP Securities reiterated an “outperform” rating and set a $43.00 price objective on shares of RealPage in a research report on Monday, May 15th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $39.83.
A number of institutional investors have recently modified their holdings of RP. Nationwide Fund Advisors increased its position in RealPage by 1.7% during the 1st quarter. Nationwide Fund Advisors now owns 56,963 shares of the software maker’s stock valued at $1,988,000 after purchasing an additional 948 shares during the period. Russell Investments Group Ltd. increased its position in RealPage by 94.3% during the 1st quarter. Russell Investments Group Ltd. now owns 236,444 shares of the software maker’s stock valued at $8,251,000 after purchasing an additional 114,737 shares during the period. Wells Fargo & Company MN increased its position in RealPage by 21.6% during the 1st quarter. Wells Fargo & Company MN now owns 166,045 shares of the software maker’s stock valued at $5,795,000 after purchasing an additional 29,468 shares during the period. Capital Fund Management S.A. purchased a new position in RealPage during the 1st quarter valued at $244,000. Finally, Swiss National Bank increased its position in RealPage by 1.3% during the 1st quarter. Swiss National Bank now owns 92,800 shares of the software maker’s stock valued at $3,239,000 after purchasing an additional 1,200 shares during the period. 70.49% of the stock is currently owned by institutional investors and hedge funds.
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.
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