RealPage Inc (RP) Shares Bought by OppenheimerFunds Inc.
OppenheimerFunds Inc. raised its position in RealPage Inc (NASDAQ:RP) by 54.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 455,000 shares of the software maker’s stock after purchasing an additional 160,085 shares during the quarter. OppenheimerFunds Inc.’s holdings in RealPage were worth $20,156,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in RP. King Luther Capital Management Corp purchased a new stake in RealPage in the third quarter valued at approximately $10,257,000. Wells Fargo & Company MN raised its position in RealPage by 54.6% in the fourth quarter. Wells Fargo & Company MN now owns 723,151 shares of the software maker’s stock valued at $32,035,000 after purchasing an additional 255,446 shares during the period. Dimensional Fund Advisors LP raised its position in RealPage by 110.6% in the second quarter. Dimensional Fund Advisors LP now owns 463,043 shares of the software maker’s stock valued at $16,647,000 after purchasing an additional 243,149 shares during the period. Janus Henderson Group PLC raised its position in RealPage by 6.5% in the third quarter. Janus Henderson Group PLC now owns 3,194,363 shares of the software maker’s stock valued at $127,455,000 after purchasing an additional 195,891 shares during the period. Finally, TimesSquare Capital Management LLC purchased a new stake in RealPage in the third quarter valued at approximately $7,577,000. 79.23% of the stock is currently owned by institutional investors.
RealPage Inc (NASDAQ RP) opened at $52.65 on Monday. The company has a market cap of $4,374.88, a price-to-earnings ratio of 97.50 and a beta of 1.04. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.06 and a quick ratio of 1.06. RealPage Inc has a 12 month low of $32.30 and a 12 month high of $54.95.
In related news, CEO Stephen T. Winn sold 13,747 shares of the business’s stock in a transaction on Monday, December 11th. The shares were sold at an average price of $44.24, for a total transaction of $608,167.28. Following the completion of the transaction, the chief executive officer now owns 2,547,800 shares in the company, valued at $112,714,672. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO W Bryan Hill sold 8,000 shares of the business’s stock in a transaction on Wednesday, January 10th. The stock was sold at an average price of $46.90, for a total transaction of $375,200.00. Following the transaction, the chief financial officer now owns 174,475 shares of the company’s stock, valued at approximately $8,182,877.50. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,008,791 shares of company stock valued at $45,191,145. Insiders own 30.31% 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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