Shares of Holdings, Inc. (NASDAQ:ALRM) fell 6% on Wednesday following insider selling activity. The stock traded as low as $40.63 and last traded at $41.13. 743,825 shares traded hands during mid-day trading, an increase of 106% from the average session volume of 361,482 shares. The stock had previously closed at $43.77.

Specifically, CTO Jean-Paul Martin sold 10,000 shares of the company’s stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of $45.13, for a total transaction of $451,300.00. Following the transaction, the chief technology officer now directly owns 140,404 shares of the company’s stock, valued at $6,336,432.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Vii Lp Tcv sold 121,885 shares of the company’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $42.40, for a total value of $5,167,924.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 400,057 shares of company stock valued at $17,570,591. Company insiders own 46.80% of the company’s stock.

A number of research firms recently commented on ALRM. Northland Securities set a $45.00 price objective on and gave the stock a “buy” rating in a research report on Wednesday, August 9th. Bank of America boosted their price target on from $39.00 to $46.00 and gave the company a “buy” rating in a report on Wednesday, August 9th. Roth Capital upped their price objective on from $43.50 to $48.00 and gave the stock a “buy” rating in a research note on Wednesday, August 9th. Maxim Group restated a “buy” rating and issued a $44.00 price objective on shares of in a report on Wednesday, August 9th. Finally, Zacks Investment Research raised from a “hold” rating to a “buy” rating and set a $46.00 price target for the company in a report on Monday, August 14th. 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. presently has a consensus rating of “Buy” and an average price target of $46.90.

The stock has a market cap of $1,930.00 and a price-to-earnings ratio of 48.63. The company has a debt-to-equity ratio of -0.81, a current ratio of 3.16 and a quick ratio of 2.88. (NASDAQ:ALRM) last released its earnings results on Wednesday, November 8th. The software maker reported $0.27 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.07. had a net margin of 9.97% and a negative return on equity of 42.00%. The business had revenue of $90.00 million during the quarter, compared to analyst estimates of $83.04 million. During the same quarter in the prior year, the firm earned $0.19 earnings per share. The company’s revenue for the quarter was up 32.7% compared to the same quarter last year. sell-side analysts predict that Holdings, Inc. will post 0.83 EPS for the current year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Janus Henderson Group PLC bought a new stake in shares of in the 2nd quarter valued at approximately $37,684,000. Oak Ridge Investments LLC bought a new stake in shares of in the 2nd quarter valued at approximately $19,059,000. Koch Industries Inc. bought a new position in during the 2nd quarter worth $485,000. Pictet Asset Management Ltd. bought a new position in during the 3rd quarter worth $19,427,000. Finally, FMR LLC grew its stake in by 349.5% during the 2nd quarter. FMR LLC now owns 300,751 shares of the software maker’s stock worth $11,317,000 after buying an additional 233,846 shares during the last quarter. 82.97% of the stock is currently owned by institutional investors.

ILLEGAL ACTIVITY WARNING: “ (ALRM) Stock Price Down 6% After Insider Selling” was originally posted by Daily Political and is owned by of Daily Political. If you are accessing this story on another domain, it was stolen and republished in violation of international copyright and trademark legislation. The legal version of this story can be viewed at Company Profile 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: and Other.

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