Insider Selling: Alarm.com Holdings, Inc. (NASDAQ:ALRM) CEO Sells $672,315.00 in Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) CEO Stephen Trundle sold 8,425 shares of the company’s stock in a transaction that occurred on Friday, June 4th. The stock was sold at an average price of $79.80, for a total value of $672,315.00. Following the completion of the sale, the chief executive officer now owns 265,616 shares in the company, valued at approximately $21,196,156.80. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Stephen Trundle also recently made the following trade(s):

  • On Monday, June 7th, Stephen Trundle sold 11,575 shares of Alarm.com stock. The shares were sold at an average price of $80.40, for a total value of $930,630.00.
  • On Tuesday, June 1st, Stephen Trundle sold 21,063 shares of Alarm.com stock. The shares were sold at an average price of $81.79, for a total value of $1,722,742.77.
  • On Friday, May 28th, Stephen Trundle sold 12,561 shares of Alarm.com stock. The shares were sold at an average price of $81.97, for a total value of $1,029,625.17.
  • On Friday, May 14th, Stephen Trundle sold 14,087 shares of Alarm.com stock. The shares were sold at an average price of $82.29, for a total value of $1,159,219.23.
  • On Tuesday, May 11th, Stephen Trundle sold 15,251 shares of Alarm.com stock. The shares were sold at an average price of $84.18, for a total value of $1,283,829.18.
  • On Friday, May 7th, Stephen Trundle sold 30,383 shares of Alarm.com stock. The shares were sold at an average price of $85.75, for a total value of $2,605,342.25.
  • On Thursday, April 22nd, Stephen Trundle sold 20,000 shares of Alarm.com stock. The shares were sold at an average price of $90.23, for a total value of $1,804,600.00.
  • On Monday, April 5th, Stephen Trundle sold 7,125 shares of Alarm.com stock. The shares were sold at an average price of $87.39, for a total value of $622,653.75.

Shares of ALRM opened at $81.14 on Friday. The company has a quick ratio of 8.22, a current ratio of 8.74 and a debt-to-equity ratio of 0.75. The stock has a market cap of $4.04 billion, a price-to-earnings ratio of 49.18, a P/E/G ratio of 3.65 and a beta of 1.12. The business has a fifty day moving average price of $85.72. Alarm.com Holdings, Inc. has a twelve month low of $52.35 and a twelve month high of $108.67.

Alarm.com (NASDAQ:ALRM) last released its quarterly earnings data on Monday, May 3rd. The software maker reported $0.50 EPS for the quarter, beating the consensus estimate of $0.38 by $0.12. Alarm.com had a return on equity of 15.41% and a net margin of 13.14%. The company had revenue of $172.50 million for the quarter, compared to analyst estimates of $153.58 million. During the same period last year, the company posted $0.42 earnings per share. The firm’s revenue was up 13.6% compared to the same quarter last year. On average, equities research analysts forecast that Alarm.com Holdings, Inc. will post 1.1 EPS for the current year.

A number of large investors have recently added to or reduced their stakes in ALRM. Truvestments Capital LLC purchased a new position in Alarm.com in the fourth quarter valued at about $25,000. Barnett & Company Inc. purchased a new position in Alarm.com in the first quarter valued at about $37,000. Archer Investment Corp purchased a new position in Alarm.com in the fourth quarter valued at about $39,000. Rockefeller Capital Management L.P. raised its position in Alarm.com by 207.9% in the first quarter. Rockefeller Capital Management L.P. now owns 468 shares of the software maker’s stock valued at $40,000 after purchasing an additional 316 shares during the period. Finally, KBC Group NV purchased a new position in Alarm.com in the first quarter valued at about $44,000. 92.02% of the stock is currently owned by institutional investors.

ALRM has been the topic of a number of recent analyst reports. Raymond James increased their price target on Alarm.com from $75.00 to $115.00 and gave the stock a “strong-buy” rating in a research note on Friday, February 26th. Maxim Group increased their price target on Alarm.com from $79.00 to $120.00 in a research note on Friday, February 26th. JPMorgan Chase & Co. initiated coverage on Alarm.com in a research note on Tuesday, April 6th. They set a “neutral” rating and a $100.00 price target on the stock. Imperial Capital raised Alarm.com from an “in-line” rating to an “outperform” rating and set a $105.00 price target on the stock in a research note on Tuesday, April 13th. Finally, Zacks Investment Research increased their price target on Alarm.com to $107.50 and gave the stock a “hold” rating in a research note on Wednesday, April 28th. They noted that the move was a valuation call. Four research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $94.61.

About Alarm.com

Alarm.com Holdings, Inc provides cloud-based solutions for smart residential and commercial properties in the United States and internationally. It operates in two segments, Alarm.com and Other. The company provides interactive security solutions to control and monitor their security systems, as well as connected security devices, including door locks, motion sensors, door locks, garage doors, thermostats, and video cameras; and high definition video monitoring solutions, such as video analytics, live streaming, video doorbell, video clips, video alerts, continuous high definition recording, and commercial video surveillance solutions.

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Insider Buying and Selling by Quarter for Alarm.com (NASDAQ:ALRM)

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