RealPage Inc (NASDAQ:RP) major shareholder Seren Capital, Ltd. sold 73,501 shares of the firm’s stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $44.32, for a total value of $3,257,564.32. Following the completion of the transaction, the insider now directly owns 17,440,250 shares in the company, valued at approximately $772,951,880. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Major 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 Monday, December 11th, Seren Capital, Ltd. sold 23,566 shares of RealPage stock. The stock was sold at an average price of $44.24, for a total value of $1,042,559.84.
  • 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 Thursday, November 30th, Seren Capital, Ltd. sold 252,600 shares of RealPage stock. The stock was sold at an average price of $45.41, for a total value of $11,470,566.00.
  • 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 Wednesday, November 15th, Seren Capital, Ltd. sold 188,601 shares of RealPage stock. The shares were 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 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.

RealPage Inc (NASDAQ:RP) traded up $0.25 during trading hours on Wednesday, reaching $44.50. The company’s stock had a trading volume of 531,764 shares, compared to its average volume of 536,683. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.76. RealPage Inc has a 1-year low of $28.00 and a 1-year high of $46.80. The company has a market cap of $3,680.00, a P/E ratio of 80.27 and a beta of 1.08.

RealPage (NASDAQ:RP) last released its quarterly earnings data on Thursday, November 2nd. The software maker reported $0.22 earnings per share (EPS) for the quarter, hitting the Zacks’ 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 for the quarter, compared to the consensus estimate of $170.73 million. During the same quarter in the previous year, the company posted $0.20 EPS. The company’s revenue was up 14.9% compared to the same quarter last year. equities research analysts expect that RealPage Inc will post 0.57 EPS for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in RP. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in RealPage by 10.6% in the 2nd 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 last quarter. Bessemer Group Inc. increased its stake in RealPage by 2.0% in the 2nd 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 last quarter. Ameritas Investment Partners Inc. increased its stake in RealPage by 10.4% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 5,153 shares of the software maker’s stock worth $185,000 after acquiring an additional 485 shares during the last quarter. Bfsg LLC bought a new stake in RealPage in the 2nd quarter worth approximately $209,000. Finally, Breton Hill Capital Ltd. bought a new stake in RealPage in the 3rd quarter worth approximately $228,000. 73.64% of the stock is currently owned by institutional investors and hedge funds.

RP has been the topic of several recent analyst reports. Zacks Investment Research downgraded RealPage from a “hold” rating to a “sell” rating in a research note on Tuesday, September 12th. Benchmark lifted their target price on RealPage from $43.00 to $51.00 and gave the company a “buy” rating in a research note on Wednesday, November 1st. BidaskClub raised RealPage from a “hold” rating to a “buy” rating in a research note on Saturday, September 2nd. Royal Bank of Canada reissued a “hold” rating and set a $42.00 target price on shares of RealPage in a research note on Monday, September 11th. Finally, KeyCorp initiated coverage on RealPage in a research note on Thursday, September 7th. They set an “overweight” rating and a $50.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the stock. RealPage currently has an average rating of “Buy” and an average price target of $46.57.

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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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