Alarm.com Holdings, Inc. (NASDAQ:ALRM) CTO Jean-Paul Martin sold 10,000 shares of the business’s stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of $45.13, for a total value of $451,300.00. Following the completion of the sale, the chief technology officer now directly owns 140,404 shares in the company, valued at $6,336,432.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Jean-Paul Martin also recently made the following trade(s):

  • On Monday, September 11th, Jean-Paul Martin sold 450 shares of Alarm.com Holdings stock. The stock was sold at an average price of $45.00, for a total value of $20,250.00.
  • On Friday, September 15th, Jean-Paul Martin sold 39,764 shares of Alarm.com Holdings stock. The stock was sold at an average price of $44.56, for a total value of $1,771,883.84.
  • On Monday, August 7th, Jean-Paul Martin sold 20,000 shares of Alarm.com Holdings stock. The stock was sold at an average price of $38.64, for a total value of $772,800.00.
  • On Wednesday, July 5th, Jean-Paul Martin sold 20,000 shares of Alarm.com Holdings stock. The stock was sold at an average price of $36.33, for a total value of $726,600.00.

Alarm.com Holdings, Inc. (NASDAQ ALRM) traded down 0.67% on Friday, hitting $44.38. The stock had a trading volume of 982,838 shares. The company has a 50-day moving average price of $44.19 and a 200 day moving average price of $35.83. Alarm.com Holdings, Inc. has a 52-week low of $25.03 and a 52-week high of $45.00. The firm has a market cap of $2.07 billion, a PE ratio of 113.50 and a beta of 1.48.

Alarm.com Holdings (NASDAQ:ALRM) last posted its quarterly earnings data on Tuesday, August 8th. The software maker reported $0.29 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.15 by $0.14. The firm had revenue of $86.00 million during the quarter, compared to analysts’ expectations of $81.05 million. Alarm.com Holdings had a negative return on equity of 35.68% and a net margin of 6.50%. The business’s quarterly revenue was up 33.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.15 EPS. Equities analysts forecast that Alarm.com Holdings, Inc. will post $0.97 earnings per share for the current fiscal year.

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Institutional investors and hedge funds have recently modified their holdings of the business. Victory Capital Management Inc. lifted its position in Alarm.com Holdings by 40.8% during the 1st quarter. Victory Capital Management Inc. now owns 3,583 shares of the software maker’s stock worth $110,000 after acquiring an additional 1,039 shares during the period. BNP Paribas Arbitrage SA lifted its position in Alarm.com Holdings by 95.8% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 4,156 shares of the software maker’s stock worth $156,000 after acquiring an additional 2,033 shares during the period. Legal & General Group Plc lifted its position in Alarm.com Holdings by 57.4% during the 2nd quarter. Legal & General Group Plc now owns 4,586 shares of the software maker’s stock worth $172,000 after acquiring an additional 1,673 shares during the period. Quantbot Technologies LP acquired a new stake in Alarm.com Holdings during the 1st quarter worth about $178,000. Finally, American International Group Inc. lifted its position in Alarm.com Holdings by 7.1% during the 1st quarter. American International Group Inc. now owns 6,353 shares of the software maker’s stock worth $195,000 after acquiring an additional 422 shares during the period. 84.05% of the stock is owned by institutional investors.

Several research firms have commented on ALRM. Roth Capital reissued a “buy” rating and issued a $48.00 target price on shares of Alarm.com Holdings in a report on Friday, September 8th. Northland Securities set a $45.00 price target on Alarm.com Holdings and gave the stock a “buy” rating in a research note on Wednesday, August 9th. Bank of America Corporation boosted their price target on Alarm.com Holdings from $39.00 to $46.00 and gave the stock a “buy” rating in a research note on Wednesday, August 9th. BidaskClub cut Alarm.com Holdings from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 16th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $29.00 price target on shares of Alarm.com Holdings in a research note on Tuesday, July 25th. Three equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $43.11.

About Alarm.com Holdings

Alarm.com Holdings, Inc is a platform solution for the connected property. The Company offers a suite of cloud-based solutions for the smart home and business, including interactive security, video monitoring, intelligent automation and energy management. The Company operates through two segments: Alarm.com and Other.

Insider Buying and Selling by Quarter for Alarm.com Holdings (NASDAQ:ALRM)

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