November 23, 2016 - By whatsonthorold
Alfred Berkeley who right now serves as the director of Realpage Inc a few days ago unloaded 10,000 shares of the firm. The insider trade has $293,500 USD total value, at an average price-per-share of $29.4. At the moment, Alfred Berkeley has rights to 66,661 shares or roughly 0.08% of the Company’s total market cap.
Out of 2 analysts covering RealPage (NASDAQ:RP), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. RealPage has been the topic of 3 analyst reports since June 8, 2016 according to StockzIntelligence Inc. As per Tuesday, June 28, the company rating was initiated by Benchmark. William Blair upgraded RealPage, Inc. (NASDAQ:RP) on Wednesday, June 8 to “Outperform” rating. The company was maintained on Monday, November 14 by Benchmark.
Insitutional Activity: The institutional sentiment decreased to 1.26 in 2016 Q2. Its down 0.86, from 2.12 in 2016Q1. The ratio dived, as 11 funds sold all RealPage, Inc. shares owned while 31 reduced positions. 26 funds bought stakes while 63 increased positions. They now own 50.64 million shares or 1.02% less from 51.16 million shares in 2016Q1.
Princeton Alpha Ltd Partnership holds 0.06% of its portfolio in RealPage, Inc. (NASDAQ:RP) for 15,531 shares. Cubist Systematic Strategies accumulated 0.02% or 13,934 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 1,067 shares or 0% of its portfolio. Rs Investment Mgmt Co Limited Liability Com holds 0.18% of its portfolio in RealPage, Inc. (NASDAQ:RP) for 781,881 shares. Arbor Cap Mgmt Limited Com last reported 109,572 shares in the company. Ladenburg Thalmann Services Inc has 0% invested in the company for 24 shares. Dimensional Fund Advisors L P holds 0% or 15,403 shares in its portfolio. Acadian Asset Ltd Co, a Massachusetts-based fund reported 46,671 shares. Hancock Holdings reported 399,640 shares or 0.37% of all its holdings. Ameriprise, a Minnesota-based fund reported 327,035 shares. Citigroup Incorporated holds 5,474 shares or 0% of its portfolio. Diam Ltd has 0.03% invested in the company for 101,626 shares. The Illinois-based Jhl Capital Group Incorporated Ltd Llc has invested 11.11% in RealPage, Inc. (NASDAQ:RP). Invesco Ltd reported 113,533 shares or 0% of all its holdings. Trexquant Invest L P accumulated 0.06% or 21,590 shares.
Insider Transactions: Since May 23, 2016, the stock had 0 buys, and 35 sales for $42.94 million net activity. 90,000 shares were sold by WINN STEPHEN T, worth $1.98 million on Wednesday, June 29. On Tuesday, September 27 the insider Seren Capital – Ltd. sold $615,000. Shares for $253,260 were sold by Chaney William P. Another trade for 5,000 shares valued at $127,717 was sold by HILL W BRYAN. On Monday, May 23 the insider BERKELEY ALFRED R III sold $57,078. KANE CHARLES sold $205,580 worth of stock or 9,500 shares.
The stock decreased 0.34% or $0.1 during the last trading session, hitting $29.35. About 338,135 shares traded hands. RealPage, Inc. (NASDAQ:RP) has risen 42.20% since April 20, 2016 and is uptrending. It has outperformed by 37.65% the S&P500.
RealPage, Inc. is a provider of on demand software and software-enabled solutions for the rental housing industry. The company has a market cap of $2.40 billion. The Company’s property management solutions enables owners and managers of single family and multifamily rental property types to manage their marketing, pricing, screening, leasing, accounting, purchasing and other property operations. It has a 171.9 P/E ratio. The Company’s on demand software solutions are delivered through an integrated software platform that provides a single point of access and a shared repository of prospect, renter and property data.
According to Zacks Investment Research, “RealPage, Inc. provides on-demand property management solutions that enable owners and managers of single-family and a wide variety of multi-family rental property types to manage their marketing, pricing, screening, leasing, accounting, purchasing and other property operations. The Company’s products include OneSite Solutions, to increase occupancy and reduce operating expenses through streamlined operations; CrossFire, a sales and marketing system to capture more leads, manage and retain more residents, and provide residents with the means to sign up for utilities and other services; YieldStar, to optimize asset values through revenue management, portfolio management, and market intelligence; LeasingDesk, a risk mitigation system; Velocity, to generate comprehensive utility and convergent bills for properties and deliver superior submetering services; OpsTechnology, a spend management system. RealPage, Inc. is headquartered in Carrollton, Texas.”
Another recent and important RealPage, Inc. (NASDAQ:RP) news was published by Bizjournals.com which published an article titled: “Executive Ashley Glover rejoins RealPage, Inc.” on August 04, 2016.
RealPage, Inc., incorporated on December 30, 2003, is a well-known provider of on demand software and software-enabled solutions for the rental housing industry. The Company’s property management solutions enables owners and managers of single family and multifamily rental property types to manage their marketing, pricing, screening, leasing, accounting, purchasing and other property operations. The Company’s on demand software solutions are delivered through an integrated software platform that provides a single point of access and a shared repository of prospect, renter and property data. By integrating and streamlining different processes and interactions among the rental housing and vacation rental ecosystem of owners, managers, prospects, renters and service providers, the Company’s platform facilitates the property management process. The Firm also provides solutions that consist of advisory services, consulting and training.
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