RealPage Inc (NASDAQ:RP) Director Alfred R. Berkeley III sold 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 7th. The shares were sold at an average price of $52.86, for a total value of $211,440.00. Following the transaction, the director now owns 36,038 shares of the company’s stock, valued at $1,904,968.68. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
RealPage Inc (RP) opened at $53.60 on Monday. RealPage Inc has a 52 week low of $32.30 and a 52 week high of $54.95. 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 firm has a market capitalization of $4,453.82, a P/E ratio of 99.26 and a beta of 1.04.
Several research analysts have weighed in on RP shares. Deutsche Bank upped their price target on RealPage to $60.00 in a research note on Wednesday, February 28th. BidaskClub upgraded RealPage from a “hold” rating to a “buy” rating in a research note on Thursday, January 11th. Zacks Investment Research upgraded RealPage from a “hold” rating to a “buy” rating and set a $52.00 price target for the company in a research note on Wednesday, January 10th. Benchmark upped their price target on RealPage from $51.00 to $59.00 and gave the stock a “buy” rating in a research note on Wednesday, February 28th. Finally, TheStreet downgraded RealPage from a “b” rating to a “c+” rating in a research note on Wednesday, February 28th. One investment analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. RealPage presently has an average rating of “Buy” and an average price target of $54.00.
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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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