RealPage Inc (RP) Director Sells $236,920.00 in Stock
RealPage Inc (NASDAQ:RP) Director Alfred R. Berkeley III sold 4,000 shares of RealPage stock in a transaction dated Friday, August 10th. The shares were sold at an average price of $59.23, for a total transaction of $236,920.00. Following the sale, the director now owns 35,881 shares in the company, valued at $2,125,231.63. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of RealPage stock opened at $58.45 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.28. RealPage Inc has a 52 week low of $38.40 and a 52 week high of $61.95. The stock has a market capitalization of $5.58 billion, a price-to-earnings ratio of 162.36 and a beta of 1.07.
RealPage (NASDAQ:RP) last issued its quarterly earnings results on Thursday, August 2nd. The software maker reported $0.37 EPS for the quarter, hitting the consensus estimate of $0.37. RealPage had a net margin of 0.69% and a return on equity of 10.56%. The firm had revenue of $216.36 million for the quarter, compared to analysts’ expectations of $215.14 million. During the same period in the previous year, the business earned $0.23 earnings per share. RealPage’s revenue for the quarter was up 33.3% compared to the same quarter last year. analysts predict that RealPage Inc will post 1.03 earnings per share for the current year.
Institutional investors have recently modified their holdings of the business. Next Century Growth Investors LLC acquired a new stake in RealPage during the 1st quarter worth about $143,000. Mount Yale Investment Advisors LLC acquired a new stake in RealPage during the 1st quarter worth about $164,000. First Manhattan Co. raised its holdings in RealPage by 78.9% during the 2nd quarter. First Manhattan Co. now owns 3,400 shares of the software maker’s stock worth $187,000 after buying an additional 1,500 shares during the period. Intrust Bank NA acquired a new stake in RealPage during the 1st quarter worth about $204,000. Finally, Engineers Gate Manager LP acquired a new stake in RealPage during the 2nd quarter worth about $204,000. Hedge funds and other institutional investors own 80.55% of the company’s stock.
RealPage Company Profile
RealPage, Inc provides software and data analytics for the real estate industry in the United States. It offers OneSite, a property management solution for multi-family, affordable property, rural housing, military housing, senior and student living, and commercial property types; and Propertyware for accounting, maintenance and work order management, marketing, spend management, portal services, and screening and payment solutions.
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