RealPage Inc (NASDAQ:RP) major shareholder Seren Capital, Ltd. sold 48,065 shares of the business’s stock in a transaction dated Wednesday, December 20th. The shares were sold at an average price of $44.63, for a total value of $2,145,140.95. Following the completion of the transaction, the insider now owns 17,342,250 shares in the company, valued at approximately $773,984,617.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

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

  • On Friday, December 22nd, Seren Capital, Ltd. sold 109,709 shares of RealPage stock. The shares were sold at an average price of $44.33, for a total value of $4,863,399.97.
  • On Monday, December 11th, Seren Capital, Ltd. sold 23,566 shares of RealPage stock. The stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $39.93, for a total value of $6,115,439.22.

RealPage Inc (NASDAQ RP) opened at $43.85 on Friday. RealPage Inc has a 12-month low of $28.00 and a 12-month 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. The firm has a market capitalization of $3,610.00, a PE ratio of 125.29 and a beta of 1.08.

RealPage (NASDAQ:RP) last posted its quarterly earnings data on Thursday, November 2nd. The software maker reported $0.22 earnings per share 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 in the previous year, the firm earned $0.20 EPS. The firm’s revenue was up 14.9% compared to the same quarter last year. analysts forecast that RealPage Inc will post 0.57 earnings per share for the current fiscal year.

Several analysts have recently issued reports on the company. BidaskClub downgraded RealPage from a “buy” rating to a “hold” rating in a research note on Thursday, December 14th. Zacks Investment Research downgraded RealPage from a “hold” rating to a “sell” rating in a research note on Wednesday, November 8th. Morgan Stanley assumed coverage on RealPage in a research note on Monday, November 20th. They set an “equal weight” rating and a $48.00 price target for the company. Benchmark upped their price target on RealPage from $43.00 to $51.00 and gave the stock a “buy” rating in a research note on Wednesday, November 1st. Finally, Royal Bank of Canada reiterated a “hold” rating and set a $42.00 price target on shares of RealPage in a research note on Monday, September 11th. One analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $46.57.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Public Employees Retirement System of Ohio raised its holdings in RealPage by 41.2% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 227,560 shares of the software maker’s stock valued at $9,080,000 after acquiring an additional 66,420 shares in the last quarter. Sterling Capital Management LLC raised its holdings in RealPage by 15.8% in the 3rd quarter. Sterling Capital Management LLC now owns 54,630 shares of the software maker’s stock valued at $2,180,000 after acquiring an additional 7,454 shares in the last quarter. Insight Capital Research & Management Inc. acquired a new position in RealPage in the 3rd quarter valued at approximately $1,717,000. California Public Employees Retirement System raised its holdings in RealPage by 7.3% in the 3rd quarter. California Public Employees Retirement System now owns 185,810 shares of the software maker’s stock valued at $7,414,000 after acquiring an additional 12,610 shares in the last quarter. Finally, Point72 Asset Management L.P. raised its holdings in RealPage by 49.8% in the 3rd quarter. Point72 Asset Management L.P. now owns 182,100 shares of the software maker’s stock valued at $7,266,000 after acquiring an additional 60,500 shares in the last quarter. 73.58% of the stock is owned by institutional investors and hedge funds.

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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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