Stephen Trundle Sells 7,125 Shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) CEO Stephen Trundle sold 7,125 shares of the stock in a transaction on Monday, April 5th. The shares were sold at an average price of $87.39, for a total transaction of $622,653.75. Following the completion of the sale, the chief executive officer now directly owns 241,024 shares in the company, valued at approximately $21,063,087.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Stephen Trundle also recently made the following trade(s):

  • On Friday, January 15th, Stephen Trundle sold 15,000 shares of Alarm.com stock. The shares were sold at an average price of $98.79, for a total transaction of $1,481,850.00.

NASDAQ ALRM opened at $85.73 on Thursday. The firm’s fifty day simple moving average is $88.94 and its two-hundred day simple moving average is $82.24. The firm has a market capitalization of $4.25 billion, a P/E ratio of 57.54, a P/E/G ratio of 4.75 and a beta of 1.15. The company has a current ratio of 4.67, a quick ratio of 4.19 and a debt-to-equity ratio of 0.25. Alarm.com Holdings, Inc. has a 12-month low of $40.48 and a 12-month high of $108.67.

Alarm.com (NASDAQ:ALRM) last announced its quarterly earnings results on Wednesday, February 24th. The software maker reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.18. Alarm.com had a return on equity of 17.50% and a net margin of 12.64%. As a group, sell-side analysts predict that Alarm.com Holdings, Inc. will post 1.12 earnings per share for the current fiscal year.

Several analysts have issued reports on ALRM shares. Raymond James raised their price objective on shares of Alarm.com from $75.00 to $115.00 and gave the stock a “strong-buy” rating in a research note on Thursday, March 4th. JPMorgan Chase & Co. assumed coverage on Alarm.com in a research report on Tuesday. They set a “neutral” rating and a $100.00 target price for the company. Maxim Group increased their price target on Alarm.com from $79.00 to $120.00 in a research report on Friday, February 26th. Roth Capital lifted their price objective on Alarm.com from $75.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, January 21st. Finally, Zacks Investment Research cut shares of Alarm.com from a “hold” rating to a “sell” rating in a report on Tuesday, March 23rd. One analyst has rated the stock with a sell rating, three have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $94.78.

Large investors have recently bought and sold shares of the company. Truvestments Capital LLC acquired a new position in Alarm.com in the 4th quarter worth about $25,000. Archer Investment Corp acquired a new stake in Alarm.com in the 4th quarter valued at $39,000. Capstone Triton Financial Group LLC acquired a new stake in shares of Alarm.com in the fourth quarter valued at about $44,000. Vantage Consulting Group Inc purchased a new position in Alarm.com in the 4th quarter valued at about $59,000. Finally, Captrust Financial Advisors boosted its holdings in Alarm.com by 41.1% in the 4th quarter. Captrust Financial Advisors now owns 803 shares of the software maker’s stock worth $83,000 after buying an additional 234 shares during the last quarter. Hedge funds and other institutional investors own 93.36% of the company’s stock.

Alarm.com Company Profile

Alarm.com Holdings, Inc engages in the provision of wireless and web-enabled security system technology. The firm offers security, video monitoring, and energy management solutions. It operates through the Alarm.com and Other segments. The Alarm.com segment represents cloud-based platform for the connected home and related connected home solutions.

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Insider Buying and Selling by Quarter for Alarm.com (NASDAQ:ALRM)

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