RealPage Inc (RP) Major Shareholder Seren Capital, Ltd. Sells 34,052 Shares

RealPage Inc (NASDAQ:RP) major shareholder Seren Capital, Ltd. sold 34,052 shares of RealPage stock in a transaction dated Wednesday, January 3rd. The shares were sold at an average price of $45.19, for a total transaction of $1,538,809.88. Following the completion of the sale, the insider now directly owns 17,249,554 shares in the company, valued at approximately $779,507,345.26. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own more than 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 Friday, January 5th, Seren Capital, Ltd. sold 121,180 shares of RealPage stock. The shares were sold at an average price of $45.52, for a total transaction of $5,516,113.60.
  • On Wednesday, December 20th, Seren Capital, Ltd. sold 48,065 shares of RealPage stock. The shares were sold at an average price of $44.63, for a total transaction of $2,145,140.95.
  • On Friday, December 22nd, Seren Capital, Ltd. sold 109,709 shares of RealPage stock. The shares were sold at an average price of $44.33, for a total transaction of $4,863,399.97.
  • On Monday, December 11th, Seren Capital, Ltd. sold 23,566 shares of RealPage stock. The shares were sold at an average price of $44.24, for a total transaction of $1,042,559.84.
  • On Wednesday, December 13th, Seren Capital, Ltd. sold 73,501 shares of RealPage stock. The shares were sold at an average price of $44.32, for a total transaction of $3,257,564.32.
  • On Tuesday, November 28th, Seren Capital, Ltd. sold 195,016 shares of RealPage stock. The shares were sold at an average price of $45.34, for a total transaction of $8,842,025.44.
  • On Thursday, November 30th, Seren Capital, Ltd. sold 252,600 shares of RealPage stock. The shares were sold at an average price of $45.41, for a total transaction 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 transaction 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 transaction of $8,217,345.57.

Shares of RealPage Inc (RP) traded down $0.40 on Friday, reaching $45.40. 456,189 shares of the company’s stock were exchanged, compared to its average volume of 455,847. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.76. The firm has a market capitalization of $3,790.00, a PE ratio of 129.71 and a beta of 1.09. RealPage Inc has a one year low of $28.00 and a one year high of $46.80.

RealPage (NASDAQ:RP) last announced its earnings results on Thursday, November 2nd. The software maker reported $0.22 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.22. The company had revenue of $169.76 million during the quarter, compared to analysts’ expectations of $170.73 million. RealPage had a net margin of 4.52% and a return on equity of 9.51%. The firm’s quarterly revenue was up 14.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.20 earnings per share. research analysts predict that RealPage Inc will post 0.57 earnings per share for the current fiscal year.

Several analysts recently commented on RP shares. Zacks Investment Research cut shares of RealPage from a “hold” rating to a “sell” rating in a research note on Tuesday, September 12th. KeyCorp started coverage on shares of RealPage in a research note on Thursday, September 7th. They issued an “overweight” rating and a $50.00 price objective for the company. 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. Stephens raised their price objective on shares of RealPage from $50.00 to $54.00 and gave the company an “overweight” rating in a research note on Friday, December 29th. Finally, BidaskClub cut shares of RealPage from a “buy” rating to a “hold” rating in a research note on Thursday, December 14th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. RealPage has an average rating of “Buy” and a consensus target price of $47.88.

Institutional investors and hedge funds have recently made changes to their positions in the business. Zurcher Kantonalbank Zurich Cantonalbank raised its position in RealPage by 10.6% during the second 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. Ameritas Investment Partners Inc. raised its position in RealPage by 10.4% during the second 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. Breton Hill Capital Ltd. acquired a new position in RealPage during the third quarter worth about $228,000. Bfsg LLC acquired a new position in RealPage during the second quarter worth about $209,000. Finally, Bessemer Group Inc. raised its position in RealPage by 28.0% during the third quarter. Bessemer Group Inc. now owns 6,400 shares of the software maker’s stock worth $255,000 after acquiring an additional 1,400 shares during the last quarter. Institutional investors own 73.58% 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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