Insiders Make Significant Stock Sales in RealPage (RP) Shares Extending the Trend of Last Quarter

Thursday, September 28, 2017 10:15 PM ET

Insiders Make Significant Stock Sales in RealPage (RP) Shares Extending the Trend of Last Quarter

RealPage, today, saw two insiders — Seren Capital Ltd, 10% Owner, and Stephen T Winn, 10% Owner, Director and Officer — dispose 408,408 shares having a market value of approximately $16,309,253, as reported 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 1,189,551 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 1,597,959 shares and have averaged 177,551 shares per transaction over this time period.

In relation to the peer group over the last 90 days, insider buy/sell trading at RealPage is greater than the 62-company peer group average. Enterprise Software peer group saw 186 buy/sell trades during this period for an average of 3.0 transactions per company. The number of shares per buy/sell trade for RealPage insiders was also higher. Within the peer group there were 1,000,308 shares purchased and 6,967,958 shares sold with company insiders having sold 32,084 shares on average.

The data used in creating and writing in this story eliminates 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.

Today’s Insider Activity
* Seren Capital Ltd, 10% Owner, sold 153,154 shares
* Stephen T Winn, 10% Owner, Director and Officer, sold 255,254 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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