Jean-Paul Martin also recently made the following trade(s):
Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider Jean-Paul Martin sold 40,000 shares of the stock in a transaction on Monday, February 6th. The shares were sold at an average price of $27.42, for a total value of $1,096,800.00. Following the completion of the sale, the insider now owns 162,904 shares of the company’s stock, valued at approximately $4,466,827.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Alarm.com Holdings, Inc. (NASDAQ:ALRM) opened at 28.08 on Monday. The firm has a market capitalization of $1.29 billion, a P/E ratio of 127.64 and a beta of 1.64. Alarm.com Holdings, Inc. has a 52-week low of $15.12 and a 52-week high of $34.43. The firm’s 50-day moving average is $27.74 and its 200 day moving average is $28.42.
Alarm.com Holdings (NASDAQ:ALRM) last announced its quarterly earnings results on Monday, November 14th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.08. Alarm.com Holdings had a net margin of 4.21% and a negative return on equity of 20.70%. The company earned $67.80 million during the quarter, compared to analyst estimates of $59.73 million. During the same quarter in the previous year, the business earned $0.14 EPS. The firm’s revenue was up 25.6% on a year-over-year basis. Equities analysts anticipate that Alarm.com Holdings, Inc. will post $0.59 EPS for the current year.
Several brokerages recently issued reports on ALRM. Goldman Sachs Group, Inc. (The) began coverage on Alarm.com Holdings in a report on Tuesday, January 31st. They set a “neutral” rating and a $31.00 price objective for the company. Zacks Investment Research lowered Alarm.com Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, January 17th. Finally, Maxim Group began coverage on Alarm.com Holdings in a report on Thursday, December 1st. They set a “buy” rating and a $37.00 price objective for the company. Six analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $30.15.
Several institutional investors have recently made changes to their positions in ALRM. ABS Capital Partners V Trust purchased a new position in shares of Alarm.com Holdings during the fourth quarter valued at about $259,867,000. Bares Capital Management Inc. boosted its stake in 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. Emerald Mutual Fund Advisers Trust boosted its stake in Alarm.com Holdings by 2.5% in the third quarter. Emerald Mutual Fund Advisers Trust now owns 513,366 shares of the company’s stock valued at $14,816,000 after buying an additional 12,650 shares in the last quarter. State Street Corp boosted its stake in Alarm.com Holdings by 3.5% in the fourth quarter. State Street Corp now owns 164,475 shares of the company’s stock valued at $4,574,000 after buying an additional 5,597 shares in the last quarter. Finally, EAM Investors LLC boosted its stake in Alarm.com Holdings by 195.8% in the second quarter. EAM Investors LLC now owns 147,052 shares of the company’s stock valued at $3,769,000 after buying an additional 97,342 shares in the last quarter. 63.00% of the stock is owned by institutional investors.
Alarm.com Holdings Company Profile
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.