Seren Capital, Ltd. Sells 89,220 Shares of RealPage, Inc. (RP) Stock

RealPage, Inc. (NASDAQ:RP) major shareholder Seren Capital, Ltd. sold 89,220 shares of the firm’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $43.50, for a total transaction of $3,881,070.00. Following the sale, the insider now owns 17,815,796 shares of the company’s stock, valued at approximately $774,987,126. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Seren Capital, Ltd. also recently made the following trade(s):

  • On Wednesday, November 15th, Seren Capital, Ltd. sold 188,601 shares of RealPage stock. The stock was sold at an average price of $43.57, for a total transaction of $8,217,345.57.
  • On Thursday, September 28th, Seren Capital, Ltd. sold 153,154 shares of RealPage stock. The stock was sold at an average price of $39.93, for a total transaction of $6,115,439.22.
  • On Thursday, September 14th, Seren Capital, Ltd. sold 186,246 shares of RealPage stock. The stock was sold at an average price of $40.20, for a total transaction of $7,487,089.20.
  • On Wednesday, September 6th, Seren Capital, Ltd. sold 47,880 shares of RealPage stock. The stock was sold at an average price of $41.73, for a total transaction of $1,998,032.40.
  • On Thursday, September 7th, Seren Capital, Ltd. sold 98,160 shares of RealPage stock. The stock was sold at an average price of $41.55, for a total transaction of $4,078,548.00.
  • On Monday, August 28th, Seren Capital, Ltd. sold 47,880 shares of RealPage stock. The stock was sold at an average price of $40.79, for a total transaction of $1,953,025.20.
  • On Tuesday, August 29th, Seren Capital, Ltd. sold 95,760 shares of RealPage stock. The stock was sold at an average price of $40.95, for a total transaction of $3,921,372.00.

Shares of RealPage, Inc. (NASDAQ RP) traded up $0.35 during trading on Wednesday, reaching $43.90. 495,200 shares of the company’s stock traded hands, compared to its average volume of 541,659. RealPage, Inc. has a twelve month low of $27.20 and a twelve month high of $45.10. 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 firm has a market cap of $3,609.40, a PE ratio of 79.18 and a beta of 1.09.

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

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Several analysts have weighed in on RP shares. Deutsche Bank AG reiterated a “buy” rating and issued a $42.00 price objective (up previously from $40.00) on shares of RealPage in a research note on Tuesday, July 18th. BidaskClub upgraded shares of RealPage from a “hold” rating to a “buy” rating in a research note on Saturday, October 7th. Zacks Investment Research upgraded shares of RealPage from a “sell” rating to a “hold” rating in a research note on Tuesday, September 5th. 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. Finally, Benchmark Co. lifted their price objective on shares of RealPage from $43.00 to $51.00 and gave the stock a “buy” rating in a research note on Wednesday, November 1st. One research analyst has rated the stock with a sell rating, one has given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $46.33.

Large investors have recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of RealPage by 10.6% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,841 shares of the software maker’s stock valued at $102,000 after buying an additional 272 shares in the last quarter. Bessemer Group Inc. raised its position in shares of RealPage by 2.0% in the 2nd quarter. Bessemer Group Inc. now owns 5,000 shares of the software maker’s stock valued at $180,000 after buying an additional 100 shares in the last quarter. Ameritas Investment Partners Inc. raised its position in shares of RealPage by 10.4% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 5,153 shares of the software maker’s stock valued at $185,000 after buying an additional 485 shares in the last quarter. Bfsg LLC acquired a new position in shares of RealPage in the 2nd quarter valued at approximately $209,000. Finally, UBS Group AG raised its position in shares of RealPage by 28.4% in the 1st quarter. UBS Group AG now owns 6,018 shares of the software maker’s stock valued at $210,000 after buying an additional 1,332 shares in the last quarter. Institutional investors own 70.14% of the company’s stock.

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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