Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider Jean-Paul Martin sold 20,000 shares of the business’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $38.64, for a total transaction of $772,800.00. Following the completion of the sale, the insider now directly owns 150,404 shares of the company’s stock, valued at approximately $5,811,610.56. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

  • On Wednesday, July 5th, Jean-Paul Martin sold 20,000 shares of Alarm.com Holdings stock. The stock was sold at an average price of $36.33, for a total transaction of $726,600.00.
  • On Tuesday, June 6th, Jean-Paul Martin sold 20,000 shares of Alarm.com Holdings stock. The stock was sold at an average price of $34.92, for a total transaction of $698,400.00.

Shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) traded up 4.96% during midday trading on Wednesday, hitting $41.47. 1,826,175 shares of the company were exchanged. Alarm.com Holdings, Inc. has a one year low of $24.52 and a one year high of $42.48. The stock’s 50-day moving average is $37.50 and its 200-day moving average is $32.58. The stock has a market cap of $1.92 billion, a PE ratio of 180.30 and a beta of 1.52.

Alarm.com Holdings (NASDAQ:ALRM) last announced its earnings results on Tuesday, August 8th. The software maker reported $0.29 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.15 by $0.14. The company had revenue of $86 million during the quarter, compared to analysts’ expectations of $81.05 million. Alarm.com Holdings had a net margin of 4.12% and a negative return on equity of 27.71%. Alarm.com Holdings’s quarterly revenue was up 33.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.15 earnings per share. Equities research analysts anticipate that Alarm.com Holdings, Inc. will post $0.76 EPS for the current year.

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ALRM has been the subject of several research analyst reports. Bank of America Corporation boosted their target price on shares of Alarm.com Holdings from $39.00 to $46.00 and gave the stock a “buy” rating in a research report on Wednesday. Roth Capital boosted their target price on shares of Alarm.com Holdings from $43.50 to $48.00 and gave the stock a “buy” rating in a research report on Wednesday. Maxim Group reissued a “buy” rating and issued a $44.00 target price on shares of Alarm.com Holdings in a research report on Wednesday. Northland Securities set a $41.00 target price on shares of Alarm.com Holdings and gave the stock a “buy” rating in a research report on Wednesday, July 19th. Finally, BidaskClub downgraded shares of Alarm.com Holdings from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 16th. Five analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $40.33.

Large investors 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 worth $71,471,000 after buying an additional 919,682 shares during the last quarter. Riverbridge Partners LLC acquired a new stake in shares of Alarm.com Holdings during the second quarter worth about $50,898,000. 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 worth $21,281,000 after buying an additional 105,653 shares during 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 worth $19,618,000 after buying an additional 79,291 shares during the last quarter. Finally, Emerald Mutual Fund Advisers Trust boosted its stake in shares of Alarm.com Holdings by 2.5% in the second quarter. Emerald Mutual Fund Advisers Trust now owns 412,096 shares of the software maker’s stock worth $15,507,000 after buying an additional 10,005 shares during the last quarter. 83.51% of the stock is owned by institutional investors.

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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