Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider David Hutz sold 3,500 shares of the firm’s stock in a transaction that occurred on Tuesday, July 11th. The shares were sold at an average price of $37.02, for a total transaction of $129,570.00. Following the completion of the sale, the insider now owns 131,022 shares of the company’s stock, valued at $4,850,434.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

David Hutz also recently made the following trade(s):

  • On Tuesday, July 25th, David Hutz sold 3,500 shares of Alarm.com Holdings stock. The stock was sold at an average price of $37.43, for a total transaction of $131,005.00.
  • On Tuesday, June 20th, David Hutz sold 3,500 shares of Alarm.com Holdings stock. The stock was sold at an average price of $36.96, for a total transaction of $129,360.00.
  • On Tuesday, May 23rd, David Hutz sold 3,500 shares of Alarm.com Holdings stock. The stock was sold at an average price of $31.59, for a total transaction of $110,565.00.
  • On Tuesday, May 9th, David Hutz sold 3,500 shares of Alarm.com Holdings stock. The stock was sold at an average price of $32.38, for a total transaction of $113,330.00.
  • On Tuesday, April 25th, David Hutz sold 3,500 shares of Alarm.com Holdings stock. The stock was sold at an average price of $32.55, for a total transaction of $113,925.00.

Shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) opened at 39.22 on Tuesday. Alarm.com Holdings, Inc. has a 12 month low of $24.52 and a 12 month high of $39.58. The firm has a market cap of $1.82 billion, a price-to-earnings ratio of 170.52 and a beta of 1.52. The stock has a 50 day moving average of $37.29 and a 200 day moving average of $32.45.

Alarm.com Holdings (NASDAQ:ALRM) last announced its quarterly earnings results on Tuesday, May 9th. The software maker reported $0.23 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.08. The business had revenue of $74.20 million during the quarter, compared to analysts’ expectations of $69.70 million. Alarm.com Holdings had a negative return on equity of 27.71% and a net margin of 4.12%. The firm’s quarterly revenue was up 25.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.12 EPS. On average, equities research analysts expect that Alarm.com Holdings, Inc. will post $0.76 EPS for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: This piece of content was published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this piece of content on another site, it was illegally copied and republished in violation of U.S. & international copyright and trademark laws. The legal version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/08/08/alarm-com-holdings-inc-alrm-insider-sells-129570-00-in-stock-updated-updated-updated.html.

Several research analysts recently issued reports on the stock. Northland Securities set a $41.00 target price on shares of Alarm.com Holdings and gave the stock a “buy” rating in a report on Wednesday, July 19th. Maxim Group lifted their price objective on shares of Alarm.com Holdings from $42.00 to $44.00 and gave the company a “buy” rating in a report on Wednesday, July 26th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $29.00 price objective on shares of Alarm.com Holdings in a report on Tuesday, July 25th. BidaskClub cut shares of Alarm.com Holdings from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 16th. Finally, Imperial Capital lifted their price objective on shares of Alarm.com Holdings from $36.00 to $40.00 and gave the company an “outperform” rating in a report on Thursday, June 15th. Five equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $36.67.

Several large investors have recently made changes to their positions in the stock. American Century Companies Inc. boosted its stake in shares of Alarm.com Holdings by 11.6% in the second quarter. American Century Companies Inc. now owns 226,913 shares of the software maker’s stock valued at $8,539,000 after buying an additional 23,569 shares during the last quarter. Victory Capital Management Inc. boosted its stake in shares of Alarm.com Holdings by 17.6% in the second quarter. Victory Capital Management Inc. now owns 4,215 shares of the software maker’s stock worth $159,000 after buying an additional 632 shares during the last quarter. Turner Investments LLC bought a new stake in shares of Alarm.com Holdings during the second quarter worth about $301,000. Blair William & Co. IL bought a new stake in shares of Alarm.com Holdings during the second quarter worth about $406,000. Finally, BNP Paribas Arbitrage SA boosted its stake in shares of Alarm.com Holdings by 95.8% in the second quarter. BNP Paribas Arbitrage SA now owns 4,156 shares of the software maker’s stock worth $156,000 after buying an additional 2,033 shares during the last quarter. 83.51% of the stock is owned by institutional investors and hedge funds.

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)

Receive News & Stock Ratings for Alarm.com Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alarm.com Holdings Inc. and related stocks with our FREE daily email newsletter.