Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider Jean-Paul Martin sold 39,764 shares of Alarm.com Holdings stock in a transaction that occurred on Friday, September 15th. The stock was 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 $6,256,402.24. The sale was disclosed in a legal 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 stock was 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 stock was 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 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.

Shares of Alarm.com Holdings, Inc. (NASDAQ ALRM) opened at 44.38 on Friday. The company has a market capitalization of $2.07 billion, a PE ratio of 113.50 and a beta of 1.48. Alarm.com Holdings, Inc. has a 52-week low of $25.03 and a 52-week high of $45.00. The stock’s 50 day moving average price is $44.23 and its 200-day moving average price is $37.53.

Alarm.com Holdings (NASDAQ:ALRM) last announced its earnings results 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 company had revenue of $86.00 million for the quarter, compared to analyst estimates of $81.05 million. Alarm.com Holdings had a negative return on equity of 35.68% and a net margin of 6.50%. The firm’s quarterly revenue was up 33.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.15 earnings per share. On average, analysts expect that Alarm.com Holdings, Inc. will post $0.97 earnings per share for the current year.

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Several research analysts have commented on ALRM shares. Bank of America Corporation lifted their price target on Alarm.com Holdings from $39.00 to $46.00 and gave the stock a “buy” rating in a research report 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 report on Wednesday, July 19th. BidaskClub downgraded Alarm.com Holdings from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 16th. Roth Capital lifted their price target on Alarm.com Holdings from $43.50 to $48.00 and gave the stock a “buy” rating in a research report on Wednesday, August 9th. Finally, Maxim Group reaffirmed a “buy” rating and issued a $44.00 price target on shares of Alarm.com Holdings in a research report on Wednesday, August 9th. Three 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 presently has an average rating of “Buy” and a consensus target price of $43.11.

Several hedge funds and other institutional investors have recently made changes to their positions in ALRM. Teachers Advisors LLC increased its stake in shares of Alarm.com Holdings by 5.6% during the fourth quarter. Teachers Advisors LLC now owns 17,307 shares of the software maker’s stock worth $482,000 after purchasing an additional 921 shares during the period. Russell Investments Group Ltd. increased its stake in shares of Alarm.com Holdings by 244.5% during the first quarter. Russell Investments Group Ltd. now owns 158,368 shares of the software maker’s stock worth $4,868,000 after purchasing an additional 112,399 shares during the period. American Century Companies Inc. bought a new position in shares of Alarm.com Holdings during the first quarter worth approximately $6,251,000. Capital Fund Management S.A. bought a new position in shares of Alarm.com Holdings during the first quarter worth approximately $255,000. Finally, Bank of New York Mellon Corp increased its stake in shares of Alarm.com Holdings by 442.4% during the first quarter. Bank of New York Mellon Corp now owns 263,366 shares of the software maker’s stock worth $8,096,000 after purchasing an additional 214,811 shares during the period. Institutional investors 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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