RealPage Inc (NASDAQ:RP) major shareholder Seren Capital, Ltd. sold 109,709 shares of the stock in a transaction dated Friday, December 22nd. The shares were sold at an average price of $44.33, for a total value of $4,863,399.97. Following the completion of the transaction, the insider now owns 17,342,250 shares of the company’s stock, valued at $768,781,942.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Major 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 Wednesday, December 20th, Seren Capital, Ltd. sold 48,065 shares of RealPage stock. The shares were sold at an average price of $44.63, for a total value of $2,145,140.95.
  • On Monday, December 11th, Seren Capital, Ltd. sold 23,566 shares of RealPage stock. The shares were sold at an average price of $44.24, for a total value of $1,042,559.84.
  • 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 value 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 value 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 value 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 value 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 value 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 value of $6,115,439.22.

RealPage Inc (NASDAQ RP) traded down $0.15 during midday trading on Friday, reaching $43.85. The company had a trading volume of 247,766 shares, compared to its average volume of 488,078. RealPage Inc has a fifty-two week low of $28.00 and a fifty-two week high of $46.80. The firm has a market capitalization of $3,610.00, a PE ratio of 125.29 and a beta of 1.08. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.76.

RealPage (NASDAQ:RP) last released its earnings results on Thursday, November 2nd. The software maker reported $0.22 EPS for the quarter, hitting the consensus estimate of $0.22. RealPage had a return on equity of 9.51% and a net margin of 4.52%. The business had revenue of $169.76 million during the quarter, compared to analysts’ expectations of $170.73 million. During the same quarter last year, the firm posted $0.20 earnings per share. The firm’s revenue was up 14.9% on a year-over-year basis. sell-side analysts predict that RealPage Inc will post 0.57 earnings per share for the current year.

A number of large investors have recently made changes to their positions in the business. Martingale Asset Management L P boosted its holdings in 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 acquiring an additional 100 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. boosted its holdings in 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 acquiring an additional 100 shares in the last quarter. Bessemer Group Inc. boosted its holdings in 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 acquiring an additional 100 shares in the last quarter. Renaissance Group LLC boosted its holdings in 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 acquiring an additional 218 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in 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 acquiring an additional 272 shares in the last quarter. Institutional investors and hedge funds own 73.58% of the company’s stock.

RP has been the subject of several recent research reports. Zacks Investment Research cut RealPage from a “hold” rating to a “sell” rating in a research note on Tuesday, September 12th. Benchmark raised their target price on RealPage from $43.00 to $51.00 and gave the stock a “buy” rating in a research note on Wednesday, November 1st. BidaskClub raised RealPage from a “hold” rating to a “buy” rating in a research note on Saturday, September 2nd. Royal Bank of Canada reaffirmed a “hold” rating and set a $42.00 target price on shares of RealPage in a research note on Monday, September 11th. Finally, KeyCorp began coverage on RealPage in a research note on Thursday, September 7th. They set an “overweight” rating and a $50.00 target price for the company. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $46.57.

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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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