RealPage, Inc. (NASDAQ:RP) major shareholder Seren Capital, Ltd. sold 252,600 shares of the firm’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $45.41, for a total value of $11,470,566.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own at least 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 Tuesday, November 28th, Seren Capital, Ltd. sold 195,016 shares of RealPage stock. The stock was sold at an average price of $45.34, for a total value of $8,842,025.44.
  • On Monday, November 13th, Seren Capital, Ltd. sold 89,220 shares of RealPage stock. The stock was sold at an average price of $43.50, for a total value of $3,881,070.00.
  • On Wednesday, November 15th, Seren Capital, Ltd. sold 188,601 shares of RealPage stock. The stock was sold at an average price of $43.57, for a total value of $8,217,345.57.
  • On Thursday, September 28th, Seren Capital, Ltd. sold 153,154 shares of RealPage stock. The stock was 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 stock was 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 stock was 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 stock was sold at an average price of $41.55, for a total value of $4,078,548.00.

RealPage, Inc. (NASDAQ RP) traded up $0.20 during midday trading on Thursday, reaching $45.35. The company’s stock had a trading volume of 448,514 shares, compared to its average volume of 536,833. RealPage, Inc. has a twelve month low of $28.00 and a twelve month high of $46.80. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $3,808.31, a P/E ratio of 83.54 and a beta of 1.09.

RealPage (NASDAQ:RP) last released its quarterly earnings data on Thursday, November 2nd. The software maker reported $0.22 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.22. The firm had revenue of $169.76 million for the quarter, compared to the consensus estimate of $170.73 million. RealPage had a return on equity of 9.51% and a net margin of 4.52%. The company’s quarterly revenue was up 14.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.20 earnings per share. analysts expect that RealPage, Inc. will post 0.57 earnings per share for the current year.

A number of equities research analysts recently issued reports on RP shares. Royal Bank Of Canada increased their price objective on RealPage from $38.00 to $42.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 3rd. Stephens reiterated an “overweight” rating and issued a $47.00 price objective (up previously from $42.00) on shares of RealPage in a research report on Thursday, August 3rd. Deutsche Bank increased their price objective on RealPage from $42.00 to $45.00 and gave the stock a “buy” rating in a research report on Thursday, August 3rd. Zacks Investment Research downgraded RealPage from a “hold” rating to a “sell” rating in a research report on Wednesday, August 9th. Finally, BidaskClub upgraded RealPage from a “hold” rating to a “buy” rating in a research report on Saturday, September 2nd. One investment analyst has rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. RealPage presently has a consensus rating of “Buy” and a consensus price target of $46.57.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of RealPage by 3.9% in the second quarter. Vanguard Group Inc. now owns 4,609,197 shares of the software maker’s stock worth $165,700,000 after buying an additional 172,131 shares during the period. Stockbridge Partners LLC increased its holdings in shares of RealPage by 26.2% in the second quarter. Stockbridge Partners LLC now owns 3,806,256 shares of the software maker’s stock worth $136,835,000 after buying an additional 790,297 shares during the period. BlackRock Inc. increased its holdings in shares of RealPage by 4.8% in the second quarter. BlackRock Inc. now owns 3,550,911 shares of the software maker’s stock worth $127,656,000 after buying an additional 163,752 shares during the period. Janus Henderson Group PLC increased its holdings in shares of RealPage by 6.5% in the third quarter. Janus Henderson Group PLC now owns 3,194,363 shares of the software maker’s stock worth $127,455,000 after buying an additional 195,891 shares during the period. Finally, Eagle Asset Management Inc. increased its holdings in shares of RealPage by 2.6% in the third quarter. Eagle Asset Management Inc. now owns 2,505,949 shares of the software maker’s stock worth $101,365,000 after buying an additional 63,354 shares during the period. Hedge funds and other institutional investors own 73.61% of the company’s stock.

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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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