RealPage Inc (RP) Chairman Stephen T. Winn Sells 201,968 Shares of Stock

RealPage Inc (NASDAQ:RP) Chairman Stephen T. Winn sold 201,968 shares of the firm’s stock in a transaction that occurred on Friday, January 5th. The stock was sold at an average price of $45.52, for a total transaction of $9,193,583.36. Following the transaction, the chairman now directly owns 2,364,389 shares in the company, valued at $107,626,987.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Stephen T. Winn also recently made the following trade(s):

  • On Tuesday, November 28th, Stephen T. Winn sold 113,759 shares of RealPage stock. The stock was sold at an average price of $45.34, for a total transaction of $5,157,833.06.
  • On Thursday, November 30th, Stephen T. Winn sold 421,000 shares of RealPage stock. The stock was sold at an average price of $45.41, for a total transaction of $19,117,610.00.

RealPage Inc (NASDAQ RP) opened at $45.40 on Friday. The stock has a market cap of $3,720.00, a P/E ratio of 129.71 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 Inc has a 1-year low of $28.00 and a 1-year high of $46.80.

RealPage (NASDAQ:RP) last issued its quarterly earnings data on Thursday, November 2nd. The software maker reported $0.22 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.22. The company had revenue of $169.76 million for the quarter, compared to analyst estimates of $170.73 million. RealPage had a net margin of 4.52% and a return on equity of 9.51%. RealPage’s revenue was up 14.9% compared to the same quarter last year. During the same period last year, the company posted $0.20 earnings per share. equities analysts predict that RealPage Inc will post 0.57 EPS for the current year.

A number of equities analysts have recently commented on the stock. Zacks Investment Research raised shares of RealPage from a “hold” rating to a “buy” rating and set a $50.00 target price on the stock in a research report on Thursday. Stephens lifted their price objective on shares of RealPage from $50.00 to $54.00 and gave the company an “overweight” rating in a report on Friday, December 29th. BidaskClub raised shares of RealPage from a “hold” rating to a “buy” rating in a report on Saturday, October 7th. Morgan Stanley assumed coverage on shares of RealPage in a report on Monday, November 20th. They set an “equal weight” rating and a $48.00 price objective on the stock. Finally, Royal Bank of Canada reissued a “hold” rating and set a $42.00 price objective on shares of RealPage in a report on Monday, September 11th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $47.88.

A number of hedge funds have recently modified their holdings of RP. Vanguard Group Inc. boosted its stake in RealPage by 3.9% in the second quarter. Vanguard Group Inc. now owns 4,609,197 shares of the software maker’s stock valued at $165,700,000 after acquiring an additional 172,131 shares in the last quarter. Stockbridge Partners LLC boosted its stake in RealPage by 26.2% in the second quarter. Stockbridge Partners LLC now owns 3,806,256 shares of the software maker’s stock valued at $136,835,000 after acquiring an additional 790,297 shares in the last quarter. BlackRock Inc. boosted its stake in RealPage by 4.8% in the second quarter. BlackRock Inc. now owns 3,550,911 shares of the software maker’s stock valued at $127,656,000 after acquiring an additional 163,752 shares in the last quarter. Janus Henderson Group PLC boosted its stake in RealPage by 6.5% in the third quarter. Janus Henderson Group PLC now owns 3,194,363 shares of the software maker’s stock valued at $127,455,000 after acquiring an additional 195,891 shares in the last quarter. Finally, Eagle Asset Management Inc. boosted its stake in RealPage by 2.6% in the third quarter. Eagle Asset Management Inc. now owns 2,505,949 shares of the software maker’s stock valued at $101,365,000 after acquiring an additional 63,354 shares in the last quarter. 73.58% of the stock is currently owned by institutional investors.

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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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