RealPage Inc (NASDAQ:RP) EVP Ashley Chaffin Glover sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 12th. The shares were sold at an average price of $44.30, for a total transaction of $443,000.00. Following the completion of the sale, the executive vice president now directly owns 83,854 shares in the company, valued at $3,714,732.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Shares of RealPage Inc (NASDAQ:RP) traded up $1.50 during mid-day trading on Friday, hitting $45.55. 602,199 shares of the company were exchanged, compared to its average volume of 536,299. 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 capitalization of $3,688.14, a PE ratio of 80.91 and a beta of 1.08. RealPage Inc has a 52-week low of $28.00 and a 52-week high of $46.80.

RealPage (NASDAQ:RP) last announced its quarterly earnings data on Thursday, November 2nd. The software maker reported $0.22 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.22. The firm had revenue of $169.76 million during the quarter, compared to analysts’ expectations of $170.73 million. RealPage had a net margin of 4.52% and a return on equity of 9.51%. The business’s quarterly revenue was up 14.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.20 earnings per share. equities analysts forecast that RealPage Inc will post 0.57 earnings per share for the current fiscal year.

Several hedge funds have recently made changes to their positions in RP. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in RealPage by 10.6% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,841 shares of the software maker’s stock worth $102,000 after acquiring an additional 272 shares in the last quarter. Bessemer Group Inc. grew its holdings in RealPage by 2.0% during the 2nd quarter. Bessemer Group Inc. now owns 5,000 shares of the software maker’s stock worth $180,000 after acquiring an additional 100 shares in the last quarter. Ameritas Investment Partners Inc. grew its holdings in RealPage by 10.4% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 5,153 shares of the software maker’s stock worth $185,000 after acquiring an additional 485 shares in the last quarter. Bfsg LLC acquired a new position in RealPage during the 2nd quarter worth approximately $209,000. Finally, Breton Hill Capital Ltd. acquired a new position in RealPage during the 3rd quarter worth approximately $228,000. Hedge funds and other institutional investors own 73.64% of the company’s stock.

A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of RealPage from a “sell” rating to a “hold” rating in a research note on Monday, August 21st. BidaskClub downgraded shares of RealPage from a “buy” rating to a “hold” rating in a research note on Friday, September 15th. KeyCorp assumed coverage on shares of RealPage in a research note on Thursday, September 7th. They issued an “overweight” rating and a $50.00 price target on the stock. Benchmark boosted their price target on shares of RealPage from $43.00 to $51.00 and gave the company a “buy” rating in a research note on Wednesday, November 1st. Finally, Royal Bank of Canada reissued a “hold” rating and issued a $42.00 price target on shares of RealPage in a research note on Monday, September 11th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $46.57.

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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.

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