RealPage Inc (NASDAQ:RP) CEO Stephen T. Winn sold 28,039 shares of the firm’s stock in a transaction on Wednesday, December 20th. The stock was sold at an average price of $44.63, for a total value of $1,251,380.57. Following the sale, the chief executive officer now directly owns 2,490,633 shares of the company’s stock, valued at approximately $111,156,950.79. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
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 shares were sold at an average price of $45.34, for a total value of $5,157,833.06.
- On Thursday, November 30th, Stephen T. Winn sold 421,000 shares of RealPage stock. The shares were sold at an average price of $45.41, for a total value of $19,117,610.00.
Shares of RealPage Inc (NASDAQ:RP) opened at $48.45 on Friday. RealPage Inc has a 52 week low of $28.00 and a 52 week high of $48.60. 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 $4,000.00, a P/E ratio of 138.43 and a beta of 1.09.
RealPage (NASDAQ:RP) last posted its earnings results on Thursday, November 2nd. The software maker reported $0.22 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.22. The firm had revenue of $169.76 million for the quarter, compared to analyst estimates of $170.73 million. RealPage had a return on equity of 9.51% and a net margin of 4.52%. RealPage’s revenue was up 14.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.20 EPS. equities analysts forecast that RealPage Inc will post 0.57 earnings per share for the current year.
A number of institutional investors and hedge funds have recently modified their holdings of the business. Public Employees Retirement System of Ohio increased its holdings in shares of RealPage by 41.2% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 227,560 shares of the software maker’s stock worth $9,080,000 after buying an additional 66,420 shares during the last quarter. Sterling Capital Management LLC boosted its position in RealPage by 15.8% during the 3rd quarter. Sterling Capital Management LLC now owns 54,630 shares of the software maker’s stock worth $2,180,000 after purchasing an additional 7,454 shares during the period. Insight Capital Research & Management Inc. purchased a new stake in RealPage during the 3rd quarter worth $1,717,000. California Public Employees Retirement System boosted its position in RealPage by 7.3% during the 3rd quarter. California Public Employees Retirement System now owns 185,810 shares of the software maker’s stock worth $7,414,000 after purchasing an additional 12,610 shares during the period. Finally, Point72 Asset Management L.P. boosted its position in RealPage by 49.8% during the 3rd quarter. Point72 Asset Management L.P. now owns 182,100 shares of the software maker’s stock worth $7,266,000 after purchasing an additional 60,500 shares during the period. Institutional investors own 73.58% of the company’s stock.
RP has been the topic of a number of research analyst reports. Benchmark lifted their target price on RealPage from $43.00 to $51.00 and gave the stock a “buy” rating in a research report on Wednesday, November 1st. Zacks Investment Research cut RealPage from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th. BidaskClub cut RealPage from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, December 6th. Morgan Stanley initiated coverage on RealPage in a report on Monday, November 20th. They issued an “equal weight” rating and a $48.00 price objective on the stock. Finally, Stephens lifted their price objective on RealPage from $50.00 to $54.00 and gave the company an “overweight” rating in a report on Friday, December 29th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $48.13.
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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.
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