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.
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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