RealPage (RP) sees Significant Insider Sales Extending the Trend of Last Quarter

Friday, August 11, 2017 10:15 PM ET

RealPage (RP) sees Significant Insider Sales Extending the Trend of Last Quarter

SEC filings today reported substantial insider sales of RealPage shares as two insiders — Seren Capital Ltd, 10% Owner, and Stephen T Winn, 10% Owner, Director and Officer — sold 255,360 shares in the company having a market value of approximately $9,954,403. There have been 3 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 879,340 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 1,134,700 shares and have averaged 226,940 shares per transaction over this time period.

Relative to its peers over the last 90 days, insider buy/sell trading at RealPage is above the 62-company peer group average. Enterprise Software peer group saw 173 buy/sell trades during this period for an average of 2.8 transactions per company. The number of shares per buy/sell trade for RealPage insiders was also higher. Within the peer group there were 1,045,489 shares purchased and 7,110,074 shares sold with company insiders having sold 35,055 shares on average.

In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated data sourced to create and write this story.

Today’s Insider Activity
* Seren Capital Ltd, 10% Owner, sold 95,760 shares
* Stephen T Winn, 10% Owner, Director and Officer, sold 159,600 shares

Using proprietary artificial intelligence methods, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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