RealPage Inc (NASDAQ:RP) Chairman Stephen T. Winn sold 521,137 shares of RealPage stock in a transaction that occurred on Wednesday, March 14th. The shares were sold at an average price of $52.88, for a total value of $27,557,724.56. Following the completion of the transaction, the chairman now owns 2,550,047 shares in the company, valued at $134,846,485.36. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
Shares of RealPage Inc (NASDAQ:RP) opened at $53.35 on Friday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 1.26. The company has a market capitalization of $4,395.65, a P/E ratio of 97.96 and a beta of 1.04. RealPage Inc has a 1-year low of $32.30 and a 1-year high of $54.95.
RealPage (NASDAQ:RP) last posted its quarterly earnings results on Tuesday, February 27th. The software maker reported $0.13 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.04). The business had revenue of $188.39 million during the quarter, compared to analyst estimates of $186.46 million. RealPage had a net margin of 0.06% and a return on equity of 8.97%. sell-side analysts anticipate that RealPage Inc will post 0.97 earnings per share for the current fiscal year.
A number of hedge funds have recently modified their holdings of RP. Carillon Tower Advisers Inc. acquired a new position in RealPage during the fourth quarter worth $69,482,000. Contour Asset Management LLC raised its holdings in RealPage by 45.1% during the fourth quarter. Contour Asset Management LLC now owns 1,879,405 shares of the software maker’s stock worth $83,258,000 after purchasing an additional 583,958 shares during the last quarter. King Luther Capital Management Corp raised its holdings in RealPage by 224.8% during the fourth quarter. King Luther Capital Management Corp now owns 835,001 shares of the software maker’s stock worth $36,991,000 after purchasing an additional 577,928 shares during the last quarter. TimesSquare Capital Management LLC raised its holdings in RealPage by 265.7% during the fourth quarter. TimesSquare Capital Management LLC now owns 694,535 shares of the software maker’s stock worth $30,768,000 after purchasing an additional 504,625 shares during the last quarter. Finally, Millennium Management LLC raised its holdings in RealPage by 1,316.9% during the fourth quarter. Millennium Management LLC now owns 277,289 shares of the software maker’s stock worth $12,284,000 after purchasing an additional 257,719 shares during the last quarter. 79.90% of the stock is owned by hedge funds and other institutional investors.
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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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