Insiders at RealPage (RP) Make Significant Stock Sales Extends the Trend of Last Quarter

Thursday, September 14, 2017 10:15 PM ET

Insiders at RealPage (RP) Make Significant Stock Sales Extends the Trend of Last Quarter

Two insiders — Seren Capital Ltd, 10% Owner, and Stephen T Winn, 10% Owner, Director and Officer — today, disposed of 496,657 shares of RealPage having a market value of approximately $19,963,465, as revealed in form 4 documents filed with the SEC. There have been 7 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the disposition of 940,254 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 1,436,911 shares and have averaged 159,657 shares per transaction over this time period.

During the last 90 days, the number of insider buy/sell trades at RealPage is greater than the 62-company peer group average. Enterprise Software peer group saw 169 buy/sell trades during this period for an average of 2.7 transactions per company. The number of shares per buy/sell trade for RealPage insiders was also higher. Within the peer group there were 973,581 shares purchased and 6,967,345 shares sold with company insiders selling 35,466 shares on average.

In determining significant insider buying and selling, trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data sourced to create and write this story.

Today’s Insider Activity
* Seren Capital Ltd, 10% Owner, sold 186,246 shares
* Stephen T Winn, 10% Owner, Director and Officer, sold 310,411 shares

Using proprietary Natural Language Generation (NLG) technology, 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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