RealPage Inc (RP) COO Ashley Chaffin Glover Sells 16,489 Shares

RealPage Inc (NASDAQ:RP) COO Ashley Chaffin Glover sold 16,489 shares of RealPage stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $60.18, for a total transaction of $992,308.02. Following the completion of the sale, the chief operating officer now owns 144,255 shares in the company, valued at $8,681,265.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

RP stock traded up $0.34 during midday trading on Thursday, reaching $60.97. 584,329 shares of the company were exchanged, compared to its average volume of 716,015. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.31 and a quick ratio of 1.31. RealPage Inc has a one year low of $42.90 and a one year high of $66.25. The stock has a market cap of $5.64 billion, a price-to-earnings ratio of 55.49 and a beta of 1.51.

RealPage (NASDAQ:RP) last released its quarterly earnings data on Monday, February 25th. The software maker reported $0.39 EPS for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.01. RealPage had a net margin of 3.99% and a return on equity of 10.59%. The firm had revenue of $226.97 million during the quarter, compared to analysts’ expectations of $229.23 million. During the same period in the previous year, the business posted $0.26 earnings per share. The company’s revenue for the quarter was up 20.9% compared to the same quarter last year. Research analysts anticipate that RealPage Inc will post 1.24 EPS for the current fiscal year.



A number of hedge funds have recently added to or reduced their stakes in RP. FNY Investment Advisers LLC acquired a new stake in shares of RealPage during the third quarter worth $131,000. Ffcm LLC acquired a new stake in shares of RealPage during the fourth quarter worth $136,000. Parametrica Management Ltd acquired a new stake in shares of RealPage during the third quarter worth $210,000. Raymond James Trust N.A. acquired a new stake in shares of RealPage during the third quarter worth $219,000. Finally, Tocqueville Asset Management L.P. acquired a new stake in shares of RealPage during the third quarter worth $231,000. 86.46% of the stock is owned by hedge funds and other institutional investors.

A number of analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of RealPage from a “buy” rating to a “hold” rating in a report on Wednesday, January 2nd. William Blair reiterated an “outperform” rating on shares of RealPage in a report on Tuesday, February 26th. TheStreet raised shares of RealPage from a “c” rating to a “b-” rating in a research note on Monday, February 25th. Morgan Stanley decreased their target price on shares of RealPage from $63.00 to $61.00 and set an “overweight” rating for the company in a research note on Wednesday, February 27th. Finally, BidaskClub cut shares of RealPage from a “strong-buy” rating to a “buy” rating in a research note on Thursday, December 27th. One equities research analyst has rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $65.80.

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RealPage Company Profile

RealPage, Inc provides software and data analytics for the real estate industry in the United States. It offers OneSite, a property management solution for multi-family, affordable property, rural housing, military housing, senior and student living, and commercial property types; and Propertyware for accounting, maintenance and work order management, marketing, spend management, portal services, and screening and payment solutions.

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