RealPage Inc (NASDAQ:RP) EVP William P. Chaney sold 1,000 shares of the stock in a transaction on Friday, December 8th. The shares were sold at an average price of $45.00, for a total value of $45,000.00. Following the completion of the sale, the executive vice president now owns 172,904 shares in the company, valued at $7,780,680. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

RealPage Inc (RP) traded up $0.10 during trading on Tuesday, reaching $44.25. The company’s stock had a trading volume of 229,207 shares, compared to its average volume of 536,704. RealPage Inc has a one year low of $28.00 and a one year high of $46.80. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market capitalization of $3,675.70, a PE ratio of 80.64 and a beta of 1.08.

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

Several analysts have recently issued reports on RP shares. Zacks Investment Research cut RealPage from a “hold” rating to a “sell” rating in a research note on Tuesday, September 12th. KeyCorp started coverage on RealPage in a research note on Thursday, September 7th. They issued an “overweight” rating and a $50.00 price objective on the stock. Royal Bank of Canada reiterated a “hold” rating and issued a $42.00 price objective on shares of RealPage in a research note on Monday, September 11th. BidaskClub upgraded RealPage from a “hold” rating to a “buy” rating in a research note on Saturday, September 2nd. Finally, Morgan Stanley started coverage on RealPage in a research note on Monday, November 20th. They issued an “equal weight” rating and a $48.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $46.57.

Institutional investors have recently bought and sold shares of the business. Calamos Advisors LLC purchased a new position in shares of RealPage during the third quarter worth about $10,069,000. PNC Financial Services Group Inc. grew its holdings in shares of RealPage by 83.9% during the second quarter. PNC Financial Services Group Inc. now owns 139,901 shares of the software maker’s stock worth $5,029,000 after purchasing an additional 63,843 shares during the last quarter. Contour Asset Management LLC purchased a new position in shares of RealPage during the second quarter worth about $16,044,000. BlackRock Inc. grew its holdings in shares of RealPage by 4.8% during the second quarter. BlackRock Inc. now owns 3,550,911 shares of the software maker’s stock worth $127,656,000 after purchasing an additional 163,752 shares during the last quarter. Finally, Castleark Management LLC grew its holdings in shares of RealPage by 146.9% during the second quarter. Castleark Management LLC now owns 396,604 shares of the software maker’s stock worth $14,258,000 after purchasing an additional 235,976 shares during the last quarter. Institutional investors own 73.64% 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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