Alarm.com Holdings, Inc. (NASDAQ:ALRM) VP Daniel Ramos sold 4,800 shares of the business’s stock in a transaction on Thursday, October 26th. The shares were sold at an average price of $47.15, for a total transaction of $226,320.00. Following the sale, the vice president now owns 82,327 shares of the company’s stock, valued at $3,881,718.05. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Daniel Ramos also recently made the following trade(s):
- On Monday, October 30th, Daniel Ramos sold 19,909 shares of Alarm.com Holdings stock. The shares were sold at an average price of $47.05, for a total transaction of $936,718.45.
- On Tuesday, August 22nd, Daniel Ramos sold 40,000 shares of Alarm.com Holdings stock. The shares were sold at an average price of $43.35, for a total transaction of $1,734,000.00.
Alarm.com Holdings, Inc. (ALRM) traded down 0.66% during midday trading on Monday, hitting $46.64. The stock had a trading volume of 167,610 shares. The firm has a market capitalization of $2.18 billion, a P/E ratio of 119.28 and a beta of 1.45. The firm has a 50-day moving average of $46.37 and a 200 day moving average of $46.32. Alarm.com Holdings, Inc. has a 52-week low of $26.68 and a 52-week high of $49.49.
Alarm.com Holdings (NASDAQ:ALRM) last posted its quarterly earnings data on Tuesday, August 8th. The software maker reported $0.29 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.15 by $0.14. Alarm.com Holdings had a net margin of 6.50% and a negative return on equity of 35.68%. The business had revenue of $86.00 million during the quarter, compared to the consensus estimate of $81.05 million. During the same period in the previous year, the firm posted $0.15 earnings per share. The business’s revenue for the quarter was up 33.5% compared to the same quarter last year. On average, equities analysts forecast that Alarm.com Holdings, Inc. will post $0.97 EPS for the current year.
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Several large investors have recently bought and sold shares of the company. Penserra Capital Management LLC acquired a new stake in shares of Alarm.com Holdings during the third quarter worth $2,478,000. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Alarm.com Holdings during the third quarter worth $867,000. Pictet Asset Management Ltd. acquired a new stake in shares of Alarm.com Holdings during the third quarter worth $19,427,000. First Trust Advisors LP lifted its stake in shares of Alarm.com Holdings by 62.1% during the third quarter. First Trust Advisors LP now owns 56,450 shares of the software maker’s stock worth $2,550,000 after buying an additional 21,636 shares during the period. Finally, Nationwide Fund Advisors lifted its stake in shares of Alarm.com Holdings by 40.9% during the third quarter. Nationwide Fund Advisors now owns 207,218 shares of the software maker’s stock worth $9,362,000 after buying an additional 60,169 shares during the period. Institutional investors and hedge funds own 84.41% of the company’s stock.
A number of equities research analysts have weighed in on the stock. Roth Capital reiterated a “buy” rating and set a $48.00 target price on shares of Alarm.com Holdings in a research note on Friday, September 8th. Northland Securities set a $45.00 target price on shares of Alarm.com Holdings and gave the company a “buy” rating in a research note on Wednesday, August 9th. Bank of America Corporation boosted their target price on shares of Alarm.com Holdings from $39.00 to $46.00 and gave the company a “buy” rating in a research note on Wednesday, August 9th. Zacks Investment Research upgraded shares of Alarm.com Holdings from a “hold” rating to a “buy” rating and set a $46.00 target price for the company in a research note on Monday, August 14th. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $29.00 target price on shares of Alarm.com Holdings in a research note on Tuesday, July 25th. Five investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $44.60.
Alarm.com Holdings Company Profile
Alarm.com Holdings, Inc is a platform solution for the connected property. The Company offers a suite of cloud-based solutions for the smart home and business, including interactive security, video monitoring, intelligent automation and energy management. The Company operates through two segments: Alarm.com and Other.
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