RealPage, Inc. (NASDAQ:RP) major shareholder Seren Capital, Ltd. sold 98,160 shares of the stock in a transaction on Thursday, September 7th. The shares were sold at an average price of $41.55, for a total value of $4,078,548.00. Following the transaction, the insider now directly owns 18,298,476 shares in the company, valued at $760,301,677.80. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Major shareholders that own 10% or more 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 Wednesday, September 6th, Seren Capital, Ltd. sold 47,880 shares of RealPage stock. The shares were sold at an average price of $41.73, for a total value of $1,998,032.40.
  • On Monday, August 28th, Seren Capital, Ltd. sold 47,880 shares of RealPage stock. The shares were sold at an average price of $40.79, for a total value of $1,953,025.20.
  • On Tuesday, August 29th, Seren Capital, Ltd. sold 95,760 shares of RealPage stock. The shares were sold at an average price of $40.95, for a total value of $3,921,372.00.
  • On Wednesday, August 9th, Seren Capital, Ltd. sold 47,880 shares of RealPage stock. The shares were sold at an average price of $39.43, for a total value of $1,887,908.40.
  • On Thursday, August 10th, Seren Capital, Ltd. sold 95,760 shares of RealPage stock. The shares were sold at an average price of $38.98, for a total value of $3,732,724.80.
  • On Monday, June 26th, Seren Capital, Ltd. sold 47,880 shares of RealPage stock. The shares were sold at an average price of $37.17, for a total value of $1,779,699.60.
  • On Tuesday, June 27th, Seren Capital, Ltd. sold 95,760 shares of RealPage stock. The shares were sold at an average price of $36.95, for a total value of $3,538,332.00.
  • On Wednesday, June 14th, Seren Capital, Ltd. sold 95,760 shares of RealPage stock. The shares were sold at an average price of $34.93, for a total value of $3,344,896.80.

Shares of RealPage, Inc. (NASDAQ RP) traded up 0.97% during trading on Friday, reaching $41.85. The company had a trading volume of 398,645 shares. The stock has a market capitalization of $3.31 billion, a price-to-earnings ratio of 130.78 and a beta of 1.06. RealPage, Inc. has a 1-year low of $23.69 and a 1-year high of $43.65. The company’s 50 day moving average is $40.55 and its 200-day moving average is $36.93.

RealPage (NASDAQ:RP) last issued its quarterly earnings data on Wednesday, August 2nd. The software maker reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. The business had revenue of $161.30 million during 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 revenue was up 13.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.18 earnings per share. On average, equities research analysts anticipate that RealPage, Inc. will post $0.93 earnings per share for the current year.

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Several equities analysts have recently weighed in on RP shares. Deutsche Bank AG reissued a “buy” rating and set a $42.00 price target (up from $40.00) on shares of RealPage in a report on Tuesday, July 18th. KeyCorp started coverage on RealPage in a report on Thursday. They set an “overweight” rating and a $50.00 price target on the stock. Royal Bank Of Canada increased their price target on RealPage from $38.00 to $42.00 and gave the company a “sector perform” rating in a report on Thursday, August 3rd. BidaskClub raised RealPage from a “hold” rating to a “buy” rating in a report on Saturday, September 2nd. Finally, Zacks Investment Research raised RealPage from a “sell” rating to a “hold” rating in a report on Monday, August 21st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company’s stock. RealPage has an average rating of “Buy” and an average target price of $41.29.

Institutional investors have recently modified their holdings of the business. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of 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 during the period. Ameritas Investment Partners Inc. acquired a new position in shares of RealPage in the first quarter worth about $163,000. Bessemer Group Inc. raised its position in shares of 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 during the period. Gotham Asset Management LLC acquired a new position in shares of RealPage in the first quarter worth about $200,000. Finally, Bfsg LLC acquired a new position in shares of RealPage in the second quarter worth about $209,000. Institutional investors and hedge funds own 70.49% of the company’s stock.

About RealPage

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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