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

Wednesday, December 13, 2017 10:15 PM ET

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

There was a notable level of share sales at RealPage by insiders today, as disclosed in form 4 documents filed with the SEC. Two insiders — Seren Capital Ltd, 10% Owner, and Stephen T Winn, 10% Owner, Director and Officer — disposed of 196,002 shares in the company having a market value of approximately $8,686,335. 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 2,121,201 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 2,317,203 shares and have averaged 257,467 shares per transaction over this time period.

The number of insider buy/sell trades at RealPage is greater than the 62 peer company average over the last 90-day period. The Enterprise Software peer group saw 172 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 1,133,651 shares purchased and 7,011,223 shares sold with company insiders selling 34,172 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 obtained to create and write this story.

Today’s Insider Activity
* Seren Capital Ltd, 10% Owner, sold 73,501 shares
* Stephen T Winn, 10% Owner, Director and Officer, sold 122,501 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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