RealPage, Inc. (RP) CEO Stephen T. Winn Sells 113,759 Shares
RealPage, Inc. (NASDAQ:RP) CEO Stephen T. Winn sold 113,759 shares of the business’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $45.34, for a total transaction of $5,157,833.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Stephen T. Winn also recently made the following trade(s):
- 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 transaction of $19,117,610.00.
Shares of RealPage, Inc. (NASDAQ RP) traded down $0.40 during trading hours on Friday, reaching $44.95. 706,135 shares of the company’s stock were exchanged, compared to its average volume of 529,475. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.06 and a quick ratio of 1.06. The stock has a market capitalization of $3,758.58, a price-to-earnings ratio of 82.46 and a beta of 1.08. RealPage, Inc. has a one year low of $28.00 and a one year high of $46.80.
RealPage (NASDAQ:RP) last issued its quarterly earnings results on Thursday, November 2nd. The software maker reported $0.22 earnings per share (EPS) for the quarter, hitting the Zacks’ 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%. The business’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.20 earnings per share. equities analysts forecast that RealPage, Inc. will post 0.57 earnings per share for the current fiscal year.
Several analysts recently issued reports on RP shares. Zacks Investment Research lowered shares of RealPage from a “hold” rating to a “sell” rating in a report on Tuesday, September 12th. KeyCorp started coverage on shares of RealPage in a report on Thursday, September 7th. They issued an “overweight” rating and a $50.00 price objective on the stock. Royal Bank Of Canada restated a “hold” rating and issued a $42.00 price objective on shares of RealPage in a report on Monday, September 11th. BidaskClub upgraded shares of RealPage from a “hold” rating to a “buy” rating in a report on Saturday, September 2nd. Finally, Deutsche Bank restated a “buy” rating and issued a $45.00 price objective (up from $42.00) on shares of RealPage in a report on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $46.57.
Several hedge funds have recently added to or reduced their stakes in RP. Janus Henderson Group PLC purchased a new stake in shares of RealPage during the second quarter worth approximately $107,795,000. Royal Bank of Canada increased its stake in shares of RealPage by 89,197.4% during the second quarter. Royal Bank of Canada now owns 948,338 shares of the software maker’s stock worth $34,092,000 after buying an additional 947,276 shares during the period. Stockbridge Partners LLC increased its stake in shares of RealPage by 26.2% during the second quarter. Stockbridge Partners LLC now owns 3,806,256 shares of the software maker’s stock worth $136,835,000 after buying an additional 790,297 shares during the period. Renaissance Technologies LLC boosted its holdings in RealPage by 74.0% in the second quarter. Renaissance Technologies LLC now owns 1,378,538 shares of the software maker’s stock valued at $49,558,000 after purchasing an additional 586,144 shares in the last quarter. Finally, Contour Asset Management LLC acquired a new position in RealPage in the second quarter valued at approximately $16,044,000. Hedge funds and other institutional investors own 73.61% of the company’s stock.
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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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