Steve Valenzuela Sells 5,000 Shares of AlarmCom Hldg Inc (NASDAQ:ALRM) Stock

AlarmCom Hldg Inc (NASDAQ:ALRM) CFO Steve Valenzuela sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 6th. The shares were sold at an average price of $45.00, for a total transaction of $225,000.00. Following the completion of the sale, the chief financial officer now owns 42,774 shares of the company’s stock, valued at $1,924,830. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Steve Valenzuela also recently made the following trade(s):

  • On Wednesday, November 28th, Steve Valenzuela sold 5,000 shares of AlarmCom stock. The stock was sold at an average price of $49.00, for a total transaction of $245,000.00.
  • On Tuesday, November 13th, Steve Valenzuela sold 11,000 shares of AlarmCom stock. The stock was sold at an average price of $47.92, for a total transaction of $527,120.00.
  • On Thursday, November 8th, Steve Valenzuela sold 15,000 shares of AlarmCom stock. The stock was sold at an average price of $48.77, for a total transaction of $731,550.00.

Shares of ALRM stock traded up $0.43 on Monday, reaching $51.28. 367,300 shares of the company were exchanged, compared to its average volume of 492,709. The stock has a market capitalization of $2.44 billion, a P/E ratio of 67.45, a P/E/G ratio of 2.81 and a beta of 1.69. AlarmCom Hldg Inc has a 1 year low of $33.39 and a 1 year high of $60.20.

AlarmCom (NASDAQ:ALRM) last released its earnings results on Wednesday, November 7th. The software maker reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.11. The business had revenue of $111.85 million during the quarter, compared to analysts’ expectations of $96.76 million. AlarmCom had a net margin of 3.50% and a negative return on equity of 73.39%. The company’s quarterly revenue was up 24.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.27 earnings per share. On average, equities research analysts expect that AlarmCom Hldg Inc will post 1.06 earnings per share for the current year.

A number of large investors have recently bought and sold shares of the business. Polen Capital Management LLC boosted its holdings in AlarmCom by 12.1% in the 2nd quarter. Polen Capital Management LLC now owns 9,546 shares of the software maker’s stock valued at $385,000 after purchasing an additional 1,031 shares during the last quarter. American Capital Management Inc. lifted its holdings in shares of AlarmCom by 0.7% in the 3rd quarter. American Capital Management Inc. now owns 164,035 shares of the software maker’s stock worth $9,416,000 after acquiring an additional 1,205 shares during the last quarter. Teachers Advisors LLC increased its stake in AlarmCom by 2.2% during the 3rd quarter. Teachers Advisors LLC now owns 59,634 shares of the software maker’s stock worth $3,423,000 after buying an additional 1,306 shares during the period. DekaBank Deutsche Girozentrale increased its stake in AlarmCom by 202.9% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 2,302 shares of the software maker’s stock worth $128,000 after buying an additional 1,542 shares during the period. Finally, American International Group Inc. increased its stake in AlarmCom by 7.1% during the 3rd quarter. American International Group Inc. now owns 24,689 shares of the software maker’s stock worth $1,417,000 after buying an additional 1,627 shares during the period. Institutional investors own 94.02% of the company’s stock.

A number of research firms recently issued reports on ALRM. BidaskClub downgraded shares of AlarmCom from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, October 9th. Zacks Investment Research downgraded shares of AlarmCom from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 9th. Jefferies Financial Group boosted their target price on shares of AlarmCom to $55.00 and gave the company a “buy” rating in a research report on Wednesday, August 8th. Credit Suisse Group lifted their price objective on shares of AlarmCom from $52.00 to $57.00 and gave the company an “outperform” rating in a report on Wednesday, August 8th. Finally, Imperial Capital reaffirmed an “in-line” rating and issued a $60.00 price objective (up previously from $45.00) on shares of AlarmCom in a report on Thursday, August 23rd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $55.18.

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AlarmCom Company Profile

Alarm.com Holdings, Inc provides cloud-based software platform solutions for smart residential and commercial properties in the United States and internationally. The company provides interactive security solutions to control and monitor their security systems, as well as connected security devices, including door locks, motion sensors, thermostats, garage doors, and video cameras; and high definition video monitoring solutions, such as live streaming, smart clip capture, secure cloud storage, video alerts, continuous HD recording, and commercial video surveillance solutions.

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