Alarm.com Holdings Inc. (NASDAQ:ALRM) insider Jean-Paul Martin sold 50,000 shares of Alarm.com Holdings stock in a transaction that occurred on Tuesday, September 13th. The shares were sold at an average price of $24.69, for a total transaction of $1,234,500.00. Following the completion of the sale, the insider now owns 172,904 shares of the company’s stock, valued at $4,268,999.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Jean-Paul Martin also recently made the following trade(s):

  • On Friday, August 19th, Jean-Paul Martin sold 30,000 shares of Alarm.com Holdings stock. The shares were sold at an average price of $28.32, for a total transaction of $849,600.00.

Alarm.com Holdings Inc. (NASDAQ:ALRM) opened at 25.27 on Monday. The firm has a market capitalization of $1.15 billion, a PE ratio of 107.08 and a beta of 1.91. Alarm.com Holdings Inc. has a 1-year low of $11.15 and a 1-year high of $33.13. The company’s 50-day moving average is $28.40 and its 200 day moving average is $24.47.

Alarm.com Holdings (NASDAQ:ALRM) last posted its earnings results on Monday, August 15th. The company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.04. Alarm.com Holdings had a negative return on equity of 18.64% and a net margin of 4.74%. The business earned $64.42 million during the quarter, compared to analysts’ expectations of $58.61 million. During the same period in the prior year, the business earned $0.05 EPS. Alarm.com Holdings’s revenue for the quarter was up 24.0% compared to the same quarter last year. On average, equities analysts expect that Alarm.com Holdings Inc. will post $0.50 EPS for the current fiscal year.

A number of research firms have issued reports on ALRM. Credit Suisse Group AG reiterated an “outperform” rating and issued a $28.00 target price on shares of Alarm.com Holdings in a research note on Monday, August 15th. Imperial Capital cut shares of Alarm.com Holdings from an “outperform” rating to an “in-line” rating and set a $24.50 price objective for the company. in a research note on Tuesday, June 21st. First Analysis assumed coverage on shares of Alarm.com Holdings in a research note on Thursday, July 7th. They issued an “overweight” rating and a $32.00 price objective for the company. Raymond James Financial Inc. cut shares of Alarm.com Holdings from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 16th. Finally, Bank of America Corp. restated a “buy” rating and issued a $28.00 price objective (up from $25.00) on shares of Alarm.com Holdings in a research note on Friday, June 24th. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $27.44.

A number of hedge funds have recently bought and sold shares of the company. Bares Capital Management Inc. boosted its position in shares of Alarm.com Holdings by 10.9% in the second quarter. Bares Capital Management Inc. now owns 2,006,661 shares of the company’s stock valued at $51,431,000 after buying an additional 197,415 shares in the last quarter. Janus Capital Management LLC boosted its position in shares of Alarm.com Holdings by 1.4% in the second quarter. Janus Capital Management LLC now owns 618,919 shares of the company’s stock valued at $15,863,000 after buying an additional 8,768 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Alarm.com Holdings by 13.4% in the second quarter. Vanguard Group Inc. now owns 397,674 shares of the company’s stock valued at $10,192,000 after buying an additional 46,889 shares in the last quarter. Lord Abbett & CO. LLC boosted its position in shares of Alarm.com Holdings by 2.5% in the second quarter. Lord Abbett & CO. LLC now owns 312,013 shares of the company’s stock valued at $7,997,000 after buying an additional 7,668 shares in the last quarter. Finally, Evanson Asset Management LLC acquired a new position in shares of Alarm.com Holdings during the second quarter valued at $7,474,000. 61.49% 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 home. The Company, through its cloud-based services, makes connected home technology accessible to millions of home and business owners. The Company operates through two segments: Alarm.com and Other. The Company’s Alarm.com segment represents its cloud-based platform for the connected home and related connected home solutions.

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