RealPage, Inc. (RP) CFO W Bryan Hill Sells 5,800 Shares
RealPage, Inc. (NASDAQ:RP) CFO W Bryan Hill sold 5,800 shares of the business’s stock in a transaction dated Wednesday, September 13th. The stock was sold at an average price of $39.92, for a total transaction of $231,536.00. Following the transaction, the chief financial officer now owns 237,367 shares in the company, valued at approximately $9,475,690.64. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
W Bryan Hill also recently made the following trade(s):
- On Wednesday, August 23rd, W Bryan Hill sold 8,000 shares of RealPage stock. The shares were sold at an average price of $41.36, for a total transaction of $330,880.00.
RealPage, Inc. (RP) traded down 1.99% during trading on Friday, reaching $39.35. 707,569 shares of the company’s stock were exchanged. RealPage, Inc. has a 52-week low of $23.69 and a 52-week high of $43.65. The stock’s 50 day moving average price is $40.74 and its 200 day moving average price is $37.16. The firm has a market cap of $3.11 billion, a P/E ratio of 122.97 and a beta of 1.06.
RealPage (NASDAQ:RP) last released its earnings results on Wednesday, August 2nd. The software maker reported $0.23 EPS for the quarter, beating the consensus estimate of $0.22 by $0.01. RealPage had a net margin of 4.25% and a return on equity of 10.26%. The firm had revenue of $161.30 million for the quarter, compared to analyst estimates of $160.02 million. During the same period last year, the firm earned $0.18 EPS. The business’s quarterly revenue was up 13.2% compared to the same quarter last year. Equities research analysts anticipate that RealPage, Inc. will post $0.93 EPS for the current fiscal year.
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A number of research firms recently weighed in on RP. Zacks Investment Research raised shares of RealPage from a “sell” rating to a “hold” rating in a research note on Tuesday, September 5th. BidaskClub upgraded shares of RealPage from a “hold” rating to a “buy” rating in a research report on Saturday, September 2nd. Royal Bank Of Canada restated a “hold” rating and issued a $42.00 price target on shares of RealPage in a research report on Monday. KeyCorp started coverage on shares of RealPage in a research report on Thursday, September 7th. They issued an “overweight” rating and a $50.00 price target on the stock. Finally, Deutsche Bank AG restated a “buy” rating and issued a $45.00 price target (up from $42.00) on shares of RealPage in a research report on Wednesday, August 9th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the stock. RealPage has a consensus rating of “Hold” and a consensus price target of $41.29.
Institutional investors have recently made changes to their positions in the stock. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of RealPage by 10.6% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,841 shares of the software maker’s stock valued at $102,000 after purchasing an additional 272 shares during the last quarter. Ameritas Investment Partners Inc. bought a new stake in shares of RealPage during the 1st quarter valued at approximately $163,000. Bessemer Group Inc. grew its holdings in shares of RealPage by 2.0% during the 2nd quarter. Bessemer Group Inc. now owns 5,000 shares of the software maker’s stock valued at $180,000 after purchasing an additional 100 shares during the last quarter. Gotham Asset Management LLC bought a new stake in shares of RealPage during the 1st quarter valued at approximately $200,000. Finally, Bfsg LLC bought a new stake in shares of RealPage during the 2nd quarter valued at approximately $209,000. 70.49% of the stock is currently owned by institutional investors.
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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