RealPage Inc (NASDAQ:RP) CEO Stephen T. Winn sold 15,818 shares of the company’s stock in a transaction dated Monday, March 12th. The stock was sold at an average price of $53.37, for a total transaction of $844,206.66. Following the completion of the sale, the chief executive officer now directly owns 2,550,047 shares in the company, valued at $136,096,008.39. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Shares of RP stock traded down $0.75 on Friday, reaching $51.35. The company’s stock had a trading volume of 198,028 shares, compared to its average volume of 408,656. RealPage Inc has a 1 year low of $32.30 and a 1 year high of $54.95. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.93 and a current ratio of 0.93. The firm has a market cap of $4,266.88, a PE ratio of 142.64 and a beta of 1.09.
RealPage (NASDAQ:RP) last released its earnings results on Tuesday, February 27th. The software maker reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.04). RealPage had a return on equity of 8.97% and a net margin of 0.06%. The business had revenue of $188.39 million for the quarter, compared to the consensus estimate of $186.46 million. equities analysts predict that RealPage Inc will post 0.97 EPS for the current year.
Several large investors have recently added to or reduced their stakes in the company. Nationwide Fund Advisors raised its holdings in shares of RealPage by 302.2% in the third quarter. Nationwide Fund Advisors now owns 233,675 shares of the software maker’s stock valued at $9,324,000 after acquiring an additional 175,571 shares in the last quarter. Principal Financial Group Inc. grew its stake in RealPage by 10.4% in the third quarter. Principal Financial Group Inc. now owns 36,472 shares of the software maker’s stock valued at $1,456,000 after purchasing an additional 3,422 shares during the last quarter. Swiss National Bank grew its stake in RealPage by 1.8% in the third quarter. Swiss National Bank now owns 96,800 shares of the software maker’s stock valued at $3,862,000 after purchasing an additional 1,700 shares during the last quarter. Bessemer Group Inc. grew its stake in RealPage by 28.0% in the third quarter. Bessemer Group Inc. now owns 6,400 shares of the software maker’s stock valued at $255,000 after purchasing an additional 1,400 shares during the last quarter. Finally, Sei Investments Co. grew its stake in RealPage by 12.2% in the third quarter. Sei Investments Co. now owns 261,839 shares of the software maker’s stock valued at $10,447,000 after purchasing an additional 28,491 shares during the last quarter. Institutional investors and hedge funds own 79.85% of the company’s stock.
RP has been the topic of several research analyst reports. BidaskClub upgraded shares of RealPage from a “hold” rating to a “buy” rating in a research note on Thursday, January 11th. Zacks Investment Research upgraded shares of RealPage from a “hold” rating to a “buy” rating and set a $52.00 target price on the stock in a research note on Wednesday, January 10th. KeyCorp raised their target price on shares of RealPage from $53.00 to $61.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 6th. They noted that the move was a valuation call. Benchmark raised their target price on shares of RealPage from $51.00 to $59.00 and gave the stock a “buy” rating in a research note on Wednesday, February 28th. Finally, Royal Bank of Canada restated a “hold” rating on shares of RealPage in a research note on Thursday, March 1st. One analyst has rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $54.00.
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RealPage Company Profile
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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