Stephen T. Winn Sells 28,039 Shares of RealPage Inc (RP) Stock
RealPage Inc (NASDAQ:RP) CEO Stephen T. Winn sold 28,039 shares of the stock in a transaction dated Wednesday, December 20th. The shares were sold at an average price of $44.63, for a total value of $1,251,380.57. Following the completion of the sale, the chief executive officer now directly owns 2,490,633 shares in the company, valued at approximately $111,156,950.79. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Stephen T. Winn also recently made the following trade(s):
- On Tuesday, November 28th, Stephen T. Winn sold 113,759 shares of RealPage stock. The shares were sold at an average price of $45.34, for a total value of $5,157,833.06.
- On Thursday, November 30th, Stephen T. Winn sold 421,000 shares of RealPage stock. The shares were sold at an average price of $45.41, for a total value of $19,117,610.00.
Shares of RealPage Inc (RP) opened at $43.85 on Friday. 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 Inc has a 12-month low of $28.00 and a 12-month 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.
RealPage (NASDAQ:RP) last issued its earnings results 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 for the quarter, compared to analyst estimates of $170.73 million. During the same quarter last year, the company earned $0.20 EPS. The business’s quarterly revenue was up 14.9% on a year-over-year basis. research analysts forecast that RealPage Inc will post 0.57 earnings per share for the current fiscal year.
Large investors have recently added to or reduced their stakes in the stock. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in RealPage by 10.6% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,841 shares of the software maker’s stock worth $102,000 after buying an additional 272 shares during the last quarter. Bessemer Group Inc. grew its stake in RealPage by 2.0% during the 2nd quarter. Bessemer Group Inc. now owns 5,000 shares of the software maker’s stock worth $180,000 after buying an additional 100 shares during the last quarter. Ameritas Investment Partners Inc. grew its stake in RealPage by 10.4% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 5,153 shares of the software maker’s stock worth $185,000 after buying an additional 485 shares during the last quarter. Breton Hill Capital Ltd. purchased a new position in RealPage during the 3rd quarter worth approximately $228,000. Finally, Bfsg LLC purchased a new position in RealPage during the 2nd quarter worth approximately $209,000. Hedge funds and other institutional investors own 73.58% of the company’s stock.
Several brokerages have recently weighed in on RP. Zacks Investment Research lowered RealPage from a “hold” rating to a “sell” rating in a research report on Tuesday, September 12th. KeyCorp began coverage on RealPage in a research report on Thursday, September 7th. They set an “overweight” rating and a $50.00 target price on the stock. Royal Bank of Canada reissued a “hold” rating and set a $42.00 target price on shares of RealPage in a research report on Monday, September 11th. BidaskClub raised RealPage from a “hold” rating to a “buy” rating in a research report on Saturday, September 2nd. Finally, Morgan Stanley began coverage on RealPage in a research report on Monday, November 20th. They set an “equal weight” rating and a $48.00 target price on the stock. 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 company’s stock. The stock presently has a consensus 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.
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