RealPage, Inc. (NASDAQ:RP) major shareholder Seren Capital, Ltd. sold 47,880 shares of the business’s stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $41.73, for a total transaction of $1,998,032.40. Following the completion of the sale, the insider now owns 18,298,476 shares in the company, valued at approximately $763,595,403.48. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Large shareholders that own at least 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 Thursday, September 7th, Seren Capital, Ltd. sold 98,160 shares of RealPage stock. The shares were sold at an average price of $41.55, for a total transaction of $4,078,548.00.
  • On Monday, August 28th, Seren Capital, Ltd. sold 47,880 shares of RealPage stock. The stock was sold at an average price of $40.79, for a total transaction of $1,953,025.20.
  • On Tuesday, August 29th, Seren Capital, Ltd. sold 95,760 shares of RealPage stock. The stock was sold at an average price of $40.95, for a total transaction of $3,921,372.00.
  • On Wednesday, August 9th, Seren Capital, Ltd. sold 47,880 shares of RealPage stock. The stock was sold at an average price of $39.43, for a total transaction of $1,887,908.40.
  • On Thursday, August 10th, Seren Capital, Ltd. sold 95,760 shares of RealPage stock. The stock was sold at an average price of $38.98, for a total transaction of $3,732,724.80.
  • On Monday, June 26th, Seren Capital, Ltd. sold 47,880 shares of RealPage stock. The stock was sold at an average price of $37.17, for a total transaction of $1,779,699.60.
  • On Tuesday, June 27th, Seren Capital, Ltd. sold 95,760 shares of RealPage stock. The stock was sold at an average price of $36.95, for a total transaction of $3,538,332.00.
  • On Wednesday, June 14th, Seren Capital, Ltd. sold 95,760 shares of RealPage stock. The stock was sold at an average price of $34.93, for a total transaction of $3,344,896.80.

RealPage, Inc. (RP) traded up 0.97% on Friday, reaching $41.85. 398,645 shares of the company’s stock were exchanged. The stock’s 50 day moving average is $40.55 and its 200 day moving average is $36.93. The company has a market cap of $3.31 billion, a price-to-earnings ratio of 130.78 and a beta of 1.06. RealPage, Inc. has a 52 week low of $23.69 and a 52 week high of $43.65.

RealPage (NASDAQ:RP) last announced its quarterly earnings results on Wednesday, August 2nd. The software maker reported $0.23 EPS for the quarter, beating the Zacks’ consensus estimate of $0.22 by $0.01. RealPage had a return on equity of 10.26% and a net margin of 4.25%. The firm had revenue of $161.30 million for the quarter, compared to analyst estimates of $160.02 million. During the same period last year, the firm posted $0.18 earnings per share. The business’s revenue for the quarter was up 13.2% on a year-over-year basis. On average, equities analysts anticipate that RealPage, Inc. will post $0.93 earnings per share for the current year.

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Hedge funds have recently made changes to their positions in the company. NN Investment Partners Holdings N.V. boosted its stake in shares of RealPage by 8.2% during the second quarter. NN Investment Partners Holdings N.V. now owns 46,585 shares of the software maker’s stock valued at $1,675,000 after purchasing an additional 3,530 shares in the last quarter. American International Group Inc. boosted its stake in shares of RealPage by 5.3% during the first quarter. American International Group Inc. now owns 32,746 shares of the software maker’s stock valued at $1,143,000 after purchasing an additional 1,660 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of RealPage by 51.7% during the first quarter. PNC Financial Services Group Inc. now owns 76,058 shares of the software maker’s stock valued at $2,654,000 after purchasing an additional 25,919 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of RealPage by 4.1% during the first quarter. Geode Capital Management LLC now owns 459,510 shares of the software maker’s stock valued at $16,036,000 after purchasing an additional 17,968 shares in the last quarter. Finally, American Capital Management Inc. acquired a new stake in shares of RealPage during the second quarter valued at about $10,332,000. 70.49% of the stock is currently owned by hedge funds and other institutional investors.

RP has been the topic of several research reports. Zacks Investment Research downgraded shares of RealPage from a “hold” rating to a “sell” rating in a research report on Friday, May 12th. Deutsche Bank AG upped their price target on shares of RealPage from $38.00 to $40.00 and gave the stock a “buy” rating in a research report on Monday, May 15th. JMP Securities reiterated an “outperform” rating and set a $43.00 price target on shares of RealPage in a research report on Monday, May 15th. Royal Bank Of Canada reiterated a “hold” rating and set a $38.00 price target on shares of RealPage in a research report on Monday, July 24th. Finally, Stephens reiterated an “overweight” rating and set a $47.00 price target (up previously from $42.00) on shares of RealPage in a research report on Thursday, August 3rd. One analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $41.29.

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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