Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider Daniel Kerzner sold 20,000 shares of the stock in a transaction dated Wednesday, August 9th. The stock was sold at an average price of $40.21, for a total transaction of $804,200.00. Following the sale, the insider now owns 17,151 shares in the company, valued at $689,641.71. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Daniel Kerzner also recently made the following trade(s):
- On Wednesday, July 26th, Daniel Kerzner sold 18,500 shares of Alarm.com Holdings stock. The stock was sold at an average price of $37.04, for a total transaction of $685,240.00.
Shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) opened at 40.80 on Friday. The firm has a market capitalization of $1.91 billion, a P/E ratio of 104.35 and a beta of 1.52. The stock has a 50 day moving average of $37.94 and a 200-day moving average of $33.00. Alarm.com Holdings, Inc. has a 1-year low of $24.52 and a 1-year high of $42.48.
Alarm.com Holdings (NASDAQ:ALRM) last released its earnings results on Tuesday, August 8th. The software maker reported $0.29 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.15 by $0.14. Alarm.com Holdings had a negative return on equity of 34.65% and a net margin of 6.50%. The company had revenue of $86 million for the quarter, compared to analysts’ expectations of $81.05 million. During the same quarter in the previous year, the firm posted $0.15 EPS. The firm’s quarterly revenue was up 33.5% on a year-over-year basis. On average, equities analysts expect that Alarm.com Holdings, Inc. will post $0.97 earnings per share for the current year.
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ALRM has been the topic of a number of analyst reports. Imperial Capital reiterated an “outperform” rating and set a $36.00 price objective (up from $35.00) on shares of Alarm.com Holdings in a research note on Thursday, May 11th. Zacks Investment Research downgraded shares of Alarm.com Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, May 16th. Northland Securities began coverage on shares of Alarm.com Holdings in a research note on Friday, June 9th. They issued an “outperform” rating and a $41.00 price target on the stock. BidaskClub downgraded shares of Alarm.com Holdings from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 16th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $29.00 price target on shares of Alarm.com Holdings in a research note on Tuesday, July 25th. Six analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. Alarm.com Holdings has a consensus rating of “Buy” and a consensus target price of $41.89.
A number of institutional investors have recently added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new stake in shares of Alarm.com Holdings during the first quarter valued at approximately $178,000. Airain ltd purchased a new stake in shares of Alarm.com Holdings during the first quarter valued at approximately $413,000. Trexquant Investment LP purchased a new stake in shares of Alarm.com Holdings during the first quarter valued at approximately $404,000. Parametric Portfolio Associates LLC raised its stake in shares of Alarm.com Holdings by 15.3% in the first quarter. Parametric Portfolio Associates LLC now owns 32,269 shares of the software maker’s stock valued at $992,000 after buying an additional 4,276 shares during the period. Finally, Ameriprise Financial Inc. purchased a new stake in shares of Alarm.com Holdings during the first quarter valued at approximately $1,564,000. Institutional investors own 83.51% of the company’s stock.
Alarm.com Holdings Company Profile
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.
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