Alarm.com Holdings, Inc. (NASDAQ:ALRM) CTO Jean-Paul Martin sold 450 shares of Alarm.com Holdings stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $45.00, for a total transaction of $20,250.00. Following the completion of the sale, the chief technology officer now directly owns 140,404 shares in the company, valued at approximately $6,318,180. The transaction was disclosed in a legal filing with the SEC, which is available at 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 stock was sold at an average price of $45.13, for a total transaction of $451,300.00.
  • 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 transaction 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 transaction 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 transaction of $726,600.00.

Shares of Alarm.com Holdings, Inc. (NASDAQ ALRM) traded down 0.67% during midday trading on Friday, reaching $44.38. 982,838 shares of the company’s stock were exchanged. The stock has a market cap of $2.07 billion, a price-to-earnings ratio of 113.50 and a beta of 1.48. Alarm.com Holdings, Inc. has a one year low of $25.03 and a one year high of $45.00. The firm has a 50 day moving average of $44.19 and a 200-day moving average of $35.83.

Alarm.com Holdings (NASDAQ:ALRM) last issued its quarterly earnings results on Tuesday, August 8th. The software maker reported $0.29 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.15 by $0.14. The business had revenue of $86.00 million for the quarter, compared to analysts’ expectations of $81.05 million. Alarm.com Holdings had a net margin of 6.50% and a negative return on equity of 35.68%. The company’s revenue was up 33.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.15 EPS. On average, equities research analysts anticipate that Alarm.com Holdings, Inc. will post $0.97 earnings per share for the current year.

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ALRM has been the topic of a number of analyst reports. Bank of America Corporation boosted their target price on shares of Alarm.com Holdings from $39.00 to $46.00 and gave the company a “buy” rating in a report on Wednesday, August 9th. Northland Securities set a $41.00 target price on shares of Alarm.com Holdings and gave the company a “buy” rating in a report on Wednesday, July 19th. BidaskClub cut shares of Alarm.com Holdings from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 16th. Roth Capital boosted their target price on shares of Alarm.com Holdings from $43.50 to $48.00 and gave the company a “buy” rating in a report on Wednesday, August 9th. Finally, Maxim Group reissued a “buy” rating and set a $44.00 target price on shares of Alarm.com Holdings in a report on Wednesday, August 9th. Three investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. Alarm.com Holdings presently has a consensus rating of “Buy” and a consensus target price of $43.11.

Several institutional investors have recently modified their holdings of ALRM. Riverbridge Partners LLC purchased a new position in shares of Alarm.com Holdings during the 2nd quarter worth $50,898,000. Janus Henderson Group PLC purchased a new position in shares of Alarm.com Holdings during the 2nd quarter worth $37,684,000. Bares Capital Management Inc. boosted its stake in shares of Alarm.com Holdings by 65.4% during the 1st quarter. Bares Capital Management Inc. now owns 2,325,021 shares of the software maker’s stock worth $71,471,000 after acquiring an additional 919,682 shares during the last quarter. Oak Ridge Investments LLC purchased a new position in shares of Alarm.com Holdings during the 2nd quarter worth $19,059,000. Finally, Koch Industries Inc. purchased a new position in shares of Alarm.com Holdings during the 2nd quarter worth $485,000. Institutional investors and hedge funds own 84.05% of the company’s stock.

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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