AlarmCom Hldg Inc (NASDAQ:ALRM) CFO Steve Valenzuela sold 1,083 shares of AlarmCom stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $65.42, for a total transaction of $70,849.86. Following the completion of the transaction, the chief financial officer now directly owns 29,132 shares in the company, valued at approximately $1,905,815.44. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Steve Valenzuela also recently made the following trade(s):
- On Friday, March 1st, Steve Valenzuela sold 1,083 shares of AlarmCom stock. The stock was sold at an average price of $61.00, for a total transaction of $66,063.00.
- On Friday, February 1st, Steve Valenzuela sold 1,084 shares of AlarmCom stock. The stock was sold at an average price of $63.05, for a total transaction of $68,346.20.
NASDAQ:ALRM opened at $70.83 on Friday. AlarmCom Hldg Inc has a 12 month low of $36.28 and a 12 month high of $71.46. The company has a market capitalization of $3.39 billion, a PE ratio of 54.07, a PEG ratio of 3.64 and a beta of 1.46.
Several analysts recently commented on ALRM shares. Zacks Investment Research upgraded shares of AlarmCom from a “hold” rating to a “buy” rating and set a $58.00 price target for the company in a report on Tuesday, January 1st. BidaskClub upgraded shares of AlarmCom from a “hold” rating to a “buy” rating in a report on Thursday, January 17th. ValuEngine upgraded shares of AlarmCom from a “buy” rating to a “strong-buy” rating in a report on Monday, February 4th. Maxim Group restated a “buy” rating and set a $74.00 price target (up from $69.00) on shares of AlarmCom in a report on Friday, March 1st. Finally, Raymond James lifted their target price on shares of AlarmCom from $58.00 to $70.00 and gave the company a “strong-buy” rating in a research note on Friday, March 1st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company’s stock. AlarmCom has an average rating of “Buy” and a consensus target price of $59.00.
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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