Insider Selling: AlarmCom Hldg Inc (ALRM) CTO Sells 952 Shares of Stock

AlarmCom Hldg Inc (NASDAQ:ALRM) CTO Jean-Paul Martin sold 952 shares of AlarmCom stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $58.41, for a total transaction of $55,606.32. Following the completion of the transaction, the chief technology officer now directly owns 146,458 shares of the company’s stock, valued at $8,554,611.78. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

  • On Tuesday, April 2nd, Jean-Paul Martin sold 603 shares of AlarmCom stock. The shares were sold at an average price of $64.63, for a total transaction of $38,971.89.

AlarmCom stock opened at $60.65 on Wednesday. The stock has a market cap of $2.95 billion, a price-to-earnings ratio of 46.30, a PEG ratio of 4.62 and a beta of 1.46. AlarmCom Hldg Inc has a 52-week low of $36.28 and a 52-week high of $71.50.

AlarmCom (NASDAQ:ALRM) last posted its earnings results on Thursday, February 28th. The software maker reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.05. The firm had revenue of $111.40 million during the quarter, compared to analyst estimates of $99.63 million. AlarmCom had a net margin of 4.55% and a negative return on equity of 86.44%. Equities research analysts predict that AlarmCom Hldg Inc will post 1.11 earnings per share for the current fiscal year.

A number of institutional investors have recently bought and sold shares of the business. Redmond Asset Management LLC boosted its stake in AlarmCom by 1.1% during the 4th quarter. Redmond Asset Management LLC now owns 16,009 shares of the software maker’s stock valued at $830,000 after purchasing an additional 180 shares during the period. Intrust Bank NA boosted its stake in AlarmCom by 2.1% during the 1st quarter. Intrust Bank NA now owns 9,150 shares of the software maker’s stock valued at $594,000 after purchasing an additional 186 shares during the period. Raymond James & Associates boosted its stake in AlarmCom by 0.3% during the 4th quarter. Raymond James & Associates now owns 70,971 shares of the software maker’s stock valued at $3,681,000 after purchasing an additional 199 shares during the period. Signaturefd LLC boosted its stake in AlarmCom by 125.0% during the 1st quarter. Signaturefd LLC now owns 450 shares of the software maker’s stock valued at $29,000 after purchasing an additional 250 shares during the period. Finally, Advisor Group Inc. boosted its stake in AlarmCom by 9.0% during the 1st quarter. Advisor Group Inc. now owns 3,212 shares of the software maker’s stock valued at $209,000 after purchasing an additional 264 shares during the period. 97.31% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have recently commented on ALRM shares. ValuEngine raised shares of AlarmCom from a “buy” rating to a “strong-buy” rating in a report on Monday, February 4th. BidaskClub lowered shares of AlarmCom from a “buy” rating to a “hold” rating in a report on Thursday, February 28th. Maxim Group reaffirmed a “buy” rating and issued a $74.00 price target (up from $69.00) on shares of AlarmCom in a report on Friday, March 1st. Raymond James lifted their price target on shares of AlarmCom from $58.00 to $70.00 and gave the company a “strong-buy” rating in a report on Friday, March 1st. Finally, Zacks Investment Research lowered shares of AlarmCom from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 6th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $64.75.

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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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