Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider Jean-Paul Martin sold 39,764 shares of the stock in a transaction on Friday, September 15th. The shares were sold at an average price of $44.56, for a total value of $1,771,883.84. Following the completion of the transaction, the insider now directly owns 140,404 shares in the company, valued at approximately $6,256,402.24. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

  • On Tuesday, September 5th, Jean-Paul Martin sold 10,000 shares of Alarm.com Holdings stock. The shares were sold at an average price of $45.13, for a total value of $451,300.00.
  • On Monday, September 11th, Jean-Paul Martin sold 450 shares of Alarm.com Holdings stock. The shares were sold at an average price of $45.00, for a total value of $20,250.00.
  • On Monday, August 7th, Jean-Paul Martin sold 20,000 shares of Alarm.com Holdings stock. The shares were 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 shares were 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% during trading on Friday, hitting $44.38. 982,838 shares of the stock were exchanged. Alarm.com Holdings, Inc. has a 52 week low of $25.03 and a 52 week high of $45.00. The firm’s 50-day moving average is $44.19 and its 200 day moving average is $35.83. 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 earnings results on Tuesday, August 8th. The software maker reported $0.29 EPS for the quarter, topping the consensus estimate of $0.15 by $0.14. The company had revenue of $86.00 million during the quarter, compared to the consensus estimate of $81.05 million. Alarm.com Holdings had a net margin of 6.50% and a negative return on equity of 35.68%. The firm’s revenue for the quarter was up 33.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.15 earnings per share. Analysts expect that Alarm.com Holdings, Inc. will post $0.97 earnings per share for the current fiscal year.

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

A number of research analysts have recently weighed in on ALRM shares. Northland Securities started coverage on Alarm.com Holdings in a research note on Friday, June 9th. They issued an “outperform” rating and a $41.00 price target on the stock. Imperial Capital upped their price objective on shares of Alarm.com Holdings from $36.00 to $40.00 and gave the company an “outperform” rating in a research report on Thursday, June 15th. BidaskClub cut shares of Alarm.com Holdings from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 16th. Stifel Nicolaus restated a “hold” rating and issued a $29.00 price objective on shares of Alarm.com Holdings in a research report on Tuesday, July 25th. Finally, Maxim Group upped their price objective on shares of Alarm.com Holdings from $42.00 to $44.00 and gave the company a “buy” rating in a research report on Wednesday, July 26th. Three research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target 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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