Alarm.com (ALRM) Insider Jean-Paul Martin Sells 50,000 Shares of Stock

Alarm.com (NASDAQ:ALRM) insider Jean-Paul Martin sold 50,000 shares of the company’s stock in a transaction that occurred on Thursday, May 24th. The stock was sold at an average price of $42.86, for a total value of $2,143,000.00. Following the completion of the sale, the insider now owns 188,004 shares in the company, valued at approximately $8,057,851.44. The transaction was disclosed in a filing with the SEC, which is available at this link.

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

  • On Thursday, May 10th, Jean-Paul Martin sold 50,000 shares of Alarm.com stock. The stock was sold at an average price of $39.97, for a total value of $1,998,500.00.

Shares of Alarm.com traded up $0.27, reaching $43.09, during midday trading on Friday, MarketBeat Ratings reports. 162,186 shares of the company’s stock traded hands, compared to its average volume of 391,659. Alarm.com has a 1 year low of $31.68 and a 1 year high of $49.49. The firm has a market capitalization of $2.03 billion, a price-to-earnings ratio of 56.70, a price-to-earnings-growth ratio of 2.60 and a beta of 1.12. The company has a debt-to-equity ratio of -0.94, a current ratio of 4.66 and a quick ratio of 4.32.



Alarm.com (NASDAQ:ALRM) last announced its earnings results on Thursday, May 3rd. The software maker reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.07. Alarm.com had a negative return on equity of 57.77% and a net margin of 10.01%. The firm had revenue of $92.80 million for the quarter, compared to analyst estimates of $89.59 million. During the same quarter last year, the firm posted $0.23 EPS. The business’s revenue was up 25.1% on a year-over-year basis. sell-side analysts expect that Alarm.com will post 0.96 earnings per share for the current year.

Several large investors have recently made changes to their positions in the company. We Are One Seven LLC raised its stake in Alarm.com by 372.4% in the 1st quarter. We Are One Seven LLC now owns 2,773 shares of the software maker’s stock valued at $105,000 after purchasing an additional 2,186 shares during the last quarter. Balter Liquid Alternatives LLC acquired a new position in Alarm.com in the 1st quarter valued at $119,000. Optimum Investment Advisors acquired a new position in Alarm.com in the 1st quarter valued at $189,000. Commonwealth Equity Services LLC acquired a new position in Alarm.com in the 1st quarter valued at $206,000. Finally, Teacher Retirement System of Texas acquired a new position in Alarm.com in the 4th quarter valued at $216,000. Hedge funds and other institutional investors own 90.75% of the company’s stock.

Several equities research analysts have commented on the company. BidaskClub upgraded Alarm.com from a “buy” rating to a “strong-buy” rating in a research report on Wednesday. TheStreet upgraded Alarm.com from a “c” rating to a “b-” rating in a research report on Friday, May 4th. Maxim Group restated a “buy” rating and issued a $59.00 price objective on shares of Alarm.com in a research report on Friday, May 4th. ValuEngine upgraded Alarm.com from a “hold” rating to a “buy” rating in a research report on Wednesday, May 2nd. Finally, Zacks Investment Research lowered Alarm.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 1st. Two investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $48.55.

About Alarm.com

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.

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

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