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

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

  • 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 value 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 value 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 value 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 value of $113,925.00.

Shares of Alarm.com Holdings, Inc. (NASDAQ ALRM) opened at 36.96 on Monday. The stock has a market cap of $1.71 billion, a P/E ratio of 160.70 and a beta of 1.54. The firm’s 50-day moving average price is $34.65 and its 200-day moving average price is $30.87. Alarm.com Holdings, Inc. has a 52-week low of $24.52 and a 52-week high of $38.53.

Alarm.com Holdings (NASDAQ:ALRM) last announced its earnings results on Tuesday, May 9th. The software maker reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.08. The firm had revenue of $74.20 million for the quarter, compared to analysts’ expectations of $69.70 million. Alarm.com Holdings had a net margin of 4.12% and a negative return on equity of 27.71%. The business’s revenue was up 25.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.12 EPS. Equities analysts predict that Alarm.com Holdings, Inc. will post $0.76 EPS for the current year.

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ALRM has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded Alarm.com Holdings from a “hold” rating to a “buy” rating and set a $35.00 price objective on the stock in a research report on Monday, March 20th. Maxim Group reiterated a “buy” rating and issued a $42.00 price objective on shares of Alarm.com Holdings in a research report on Friday, March 31st. Imperial Capital reiterated an “outperform” rating and issued a $36.00 price objective (up previously from $35.00) on shares of Alarm.com Holdings in a research report on Thursday, May 11th. Northland Securities initiated coverage on Alarm.com Holdings in a research report on Friday, June 9th. They issued an “outperform” rating and a $41.00 price objective on the stock. Finally, BidaskClub downgraded Alarm.com Holdings from a “strong-buy” rating to a “buy” rating in a research report on Sunday. Five research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $36.44.

Hedge funds have recently made changes to their positions in the stock. Bares Capital Management Inc. boosted its stake in shares of Alarm.com Holdings by 65.4% in the first quarter. Bares Capital Management Inc. now owns 2,325,021 shares of the software maker’s stock valued at $71,471,000 after buying an additional 919,682 shares in the last quarter. Janus Capital Management LLC boosted its stake in shares of Alarm.com Holdings by 18.0% in the first quarter. Janus Capital Management LLC now owns 692,281 shares of the software maker’s stock valued at $21,281,000 after buying an additional 105,653 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Alarm.com Holdings by 14.2% in the first quarter. Vanguard Group Inc. now owns 638,182 shares of the software maker’s stock valued at $19,618,000 after buying an additional 79,291 shares in the last quarter. Renaissance Technologies LLC boosted its stake in shares of Alarm.com Holdings by 24.9% in the first quarter. Renaissance Technologies LLC now owns 367,000 shares of the software maker’s stock valued at $11,282,000 after buying an additional 73,200 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Alarm.com Holdings by 442.4% in the first quarter. Bank of New York Mellon Corp now owns 263,366 shares of the software maker’s stock valued at $8,096,000 after buying an additional 214,811 shares in the last quarter. Hedge funds and other institutional investors own 80.17% 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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