Alarm.com Holdings, Inc. (NASDAQ:ALRM) CTO Jean-Paul Martin sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 5th. The shares were 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 owns 140,404 shares of the company’s stock, valued at approximately $6,336,432.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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 shares were 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 shares were 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 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.

Shares of Alarm.com Holdings, Inc. (ALRM) opened at 44.38 on Friday. The stock’s 50 day moving average price is $44.23 and its 200 day moving average price is $37.53. Alarm.com Holdings, Inc. has a 1-year low of $25.03 and a 1-year high of $45.00. The stock 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 announced its quarterly earnings results on Tuesday, August 8th. The software maker reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.14. The business had revenue of $86.00 million for the quarter, compared to the consensus estimate 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 revenue was up 33.5% on a year-over-year basis. During the same quarter last year, the business posted $0.15 EPS. On average, equities research analysts anticipate that Alarm.com Holdings, Inc. will post $0.97 EPS for the current fiscal year.

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Several research firms have recently commented on ALRM. Bank of America Corporation upped 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. Northland Securities set a $41.00 price target on Alarm.com Holdings and gave the stock a “buy” rating in a research note on Wednesday, July 19th. BidaskClub cut Alarm.com Holdings from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 16th. Roth Capital upped their price target on Alarm.com Holdings from $43.50 to $48.00 and gave the stock a “buy” rating in a research note on Wednesday, August 9th. Finally, Maxim Group restated a “buy” rating and set a $44.00 price target on shares of Alarm.com Holdings in a research note on Wednesday, August 9th. Three equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $43.11.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Koch Industries Inc. bought a new stake in shares of Alarm.com Holdings in the 2nd quarter worth approximately $485,000. 1st Global Advisors Inc. bought a new stake in shares of Alarm.com Holdings in the 2nd quarter worth approximately $275,000. California State Teachers Retirement System lifted its holdings in shares of Alarm.com Holdings by 77.2% in the 2nd quarter. California State Teachers Retirement System now owns 36,031 shares of the software maker’s stock worth $1,356,000 after purchasing an additional 15,700 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Alarm.com Holdings by 88.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,761 shares of the software maker’s stock worth $630,000 after purchasing an additional 7,877 shares during the last quarter. Finally, Osterweis Capital Management Inc. bought a new stake in shares of Alarm.com Holdings in the 2nd quarter worth approximately $1,295,000. 84.05% of the stock is currently 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)

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