RealPage Inc (RP) CFO W Bryan Hill Sells 8,000 Shares of Stock

RealPage Inc (NASDAQ:RP) CFO W Bryan Hill sold 8,000 shares of the company’s stock in a transaction dated Wednesday, January 10th. The stock was sold at an average price of $46.90, for a total value of $375,200.00. Following the sale, the chief financial officer now owns 174,475 shares of the company’s stock, valued at approximately $8,182,877.50. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

W Bryan Hill also recently made the following trade(s):

  • On Wednesday, December 13th, W Bryan Hill sold 8,000 shares of RealPage stock. The stock was sold at an average price of $44.36, for a total value of $354,880.00.
  • On Wednesday, November 29th, W Bryan Hill sold 8,000 shares of RealPage stock. The stock was sold at an average price of $45.69, for a total value of $365,520.00.

RealPage Inc (NASDAQ RP) traded up $0.65 during midday trading on Friday, hitting $48.45. The company had a trading volume of 382,796 shares, compared to its average volume of 399,336. RealPage Inc has a fifty-two week low of $28.00 and a fifty-two 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 firm has a market cap of $3,961.64, a PE ratio of 86.91 and a beta of 1.09.

RealPage (NASDAQ:RP) last posted 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. The business had revenue of $169.76 million during the quarter, compared to analysts’ expectations of $170.73 million. RealPage had a return on equity of 9.51% and a net margin of 4.52%. The firm’s revenue was up 14.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.20 EPS. sell-side analysts predict that RealPage Inc will post 0.57 earnings per share for the current fiscal year.

A number of institutional investors have recently bought and sold shares of RP. Janus Henderson Group PLC acquired a new position in RealPage in the 2nd quarter valued at approximately $107,795,000. Royal Bank of Canada raised its holdings in RealPage by 89,197.4% in the 2nd quarter. Royal Bank of Canada now owns 948,338 shares of the software maker’s stock valued at $34,092,000 after acquiring an additional 947,276 shares in the last quarter. Stockbridge Partners LLC raised its holdings in RealPage by 26.2% in the 2nd quarter. Stockbridge Partners LLC now owns 3,806,256 shares of the software maker’s stock valued at $136,835,000 after acquiring an additional 790,297 shares in the last quarter. Renaissance Technologies LLC raised its holdings in RealPage by 74.0% in the 2nd quarter. Renaissance Technologies LLC now owns 1,378,538 shares of the software maker’s stock valued at $49,558,000 after acquiring an additional 586,144 shares in the last quarter. Finally, Contour Asset Management LLC acquired a new position in RealPage in the 2nd quarter valued at approximately $16,044,000. 73.58% of the stock is owned by hedge funds and other institutional investors.

Several research firms recently weighed in on RP. Zacks Investment Research raised RealPage from a “hold” rating to a “buy” rating and set a $50.00 price objective for the company in a research report on Thursday, January 4th. Benchmark boosted their price objective on RealPage from $43.00 to $51.00 and gave the stock a “buy” rating in a research report on Wednesday, November 1st. BidaskClub raised RealPage from a “hold” rating to a “buy” rating in a research report on Saturday, October 7th. Finally, Morgan Stanley began coverage on RealPage in a research report on Monday, November 20th. They set an “equal weight” rating and a $48.00 price objective for the company. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. RealPage has a consensus rating of “Buy” and a consensus target price of $48.13.

TRADEMARK VIOLATION WARNING: This article was originally published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this article on another website, it was stolen and republished in violation of United States & international copyright law. The legal version of this article can be read at https://stocknewstimes.com/2018/01/13/realpage-inc-rp-cfo-w-bryan-hill-sells-8000-shares-of-stock.html.

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)

Receive News & Ratings for RealPage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RealPage and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply