Baron Funds Comments on RealPage Inc.

Author's Avatar
May 12, 2014

The stock of RealPage, Inc. (RP, Financial), a property management software company serving the rental housing industry, fell on news of weak fourth quarter results and lower-than-expected guidance for 2014. Problem areas for the company include Internet Listing Services and transactional revenue. (Neal Rosenberg)

From Baron Funds' first quarter 2014 letter to shareholders.