RealPage, Inc. (NASDAQ:RP) major shareholder Seren Capital, Ltd. sold 188,601 shares of the stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $43.57, for a total value of $8,217,345.57. Following the transaction, the insider now owns 17,815,796 shares of the company’s stock, valued at $776,234,231.72. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

  • On Monday, November 13th, Seren Capital, Ltd. sold 89,220 shares of RealPage stock. The shares were sold at an average price of $43.50, for a total value of $3,881,070.00.
  • On Thursday, September 28th, Seren Capital, Ltd. sold 153,154 shares of RealPage stock. The shares were sold at an average price of $39.93, for a total value of $6,115,439.22.
  • On Thursday, September 14th, Seren Capital, Ltd. sold 186,246 shares of RealPage stock. The shares were sold at an average price of $40.20, for a total value of $7,487,089.20.
  • 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 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 value of $4,078,548.00.
  • 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.

RealPage, Inc. (NASDAQ:RP) traded up $0.35 during trading hours on Wednesday, hitting $43.90. The stock had a trading volume of 495,200 shares, compared to its average volume of 541,659. RealPage, Inc. has a fifty-two week low of $27.20 and a fifty-two week high of $45.10. The company has a market capitalization of $3,609.40, a P/E ratio of 79.18 and a beta of 1.09. 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 (NASDAQ:RP) last released 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 during the quarter, compared to the consensus estimate of $170.73 million. During the same period last year, the company earned $0.20 earnings per share. The business’s revenue for the quarter was up 14.9% compared to the same quarter last year. analysts forecast that RealPage, Inc. will post 0.57 EPS for the current fiscal year.

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RP has been the subject of a number of research reports. Deutsche Bank AG reiterated a “buy” rating and set a $42.00 target price (up from $40.00) on shares of RealPage in a research report on Tuesday, July 18th. BidaskClub upgraded RealPage from a “hold” rating to a “buy” rating in a research report on Saturday, October 7th. Zacks Investment Research upgraded RealPage from a “sell” rating to a “hold” rating in a research report on Tuesday, September 5th. Royal Bank Of Canada restated a “hold” rating and issued a $42.00 price target on shares of RealPage in a research report on Monday, September 11th. Finally, Benchmark Co. raised their price target on RealPage from $43.00 to $51.00 and gave the stock a “buy” rating in a research report on Wednesday, November 1st. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $46.33.

Institutional investors have recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of RealPage by 10.6% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,841 shares of the software maker’s stock valued at $102,000 after buying an additional 272 shares during the period. Bessemer Group Inc. increased its stake in shares of RealPage by 2.0% during the second quarter. Bessemer Group Inc. now owns 5,000 shares of the software maker’s stock valued at $180,000 after buying an additional 100 shares during the period. Ameritas Investment Partners Inc. increased its stake in shares of RealPage by 10.4% during the second quarter. Ameritas Investment Partners Inc. now owns 5,153 shares of the software maker’s stock valued at $185,000 after buying an additional 485 shares during the period. Bfsg LLC purchased a new position in shares of RealPage during the second quarter valued at $209,000. Finally, UBS Group AG increased its stake in shares of RealPage by 28.4% during the first quarter. UBS Group AG now owns 6,018 shares of the software maker’s stock valued at $210,000 after buying an additional 1,332 shares during the period. Hedge funds and other institutional investors own 70.14% of the company’s stock.

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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