RealPage Inc (NASDAQ:RP) CEO Stephen T. Winn sold 73,737 shares of the firm’s stock in a transaction dated Thursday, March 8th. The stock was sold at an average price of $53.00, for a total transaction of $3,908,061.00. Following the sale, the chief executive officer now owns 2,550,047 shares of the company’s stock, valued at approximately $135,152,491. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
RealPage Inc (NASDAQ:RP) traded down $0.10 during trading hours on Wednesday, reaching $52.90. 616,120 shares of the company were exchanged, compared to its average volume of 481,083. RealPage Inc has a 1-year low of $32.30 and a 1-year high of $54.95. The company has a market capitalization of $4,437.20, a price-to-earnings ratio of 98.89 and a beta of 1.04. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.26.
RealPage (NASDAQ:RP) last released its quarterly earnings results on Tuesday, February 27th. The software maker reported $0.13 EPS for the quarter, missing analysts’ consensus estimates 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. analysts anticipate that RealPage Inc will post 0.97 EPS for the current fiscal year.
RP has been the subject of a number of research reports. Royal Bank of Canada restated a “hold” rating on shares of RealPage in a research note on Thursday, March 1st. BidaskClub upgraded shares of RealPage from a “hold” rating to a “buy” rating in a research note on Thursday, January 11th. Morgan Stanley upgraded shares of RealPage from an “equal weight” rating to an “overweight” rating and set a $48.00 target price for the company in a research note on Tuesday, January 30th. TheStreet cut shares of RealPage from a “b” rating to a “c+” rating in a research note on Wednesday, February 28th. Finally, Deutsche Bank raised their target price on shares of RealPage to $60.00 in a research note on Wednesday, February 28th. One research analyst has rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $54.00.
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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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