Insider Selling: AlarmCom Hldg Inc (ALRM) Insider Sells $566,800.00 in Stock

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AlarmCom Hldg Inc (NASDAQ:ALRM) insider Jean-Paul Martin sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 11th. The shares were sold at an average price of $56.68, for a total value of $566,800.00. Following the transaction, the insider now directly owns 148,004 shares of the company’s stock, valued at approximately $8,388,866.72. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Shares of NASDAQ:ALRM opened at $56.46 on Friday. AlarmCom Hldg Inc has a 52-week low of $33.39 and a 52-week high of $59.05. The company has a market capitalization of $2.74 billion, a PE ratio of 55.75, a PEG ratio of 3.35 and a beta of 1.33. The company has a debt-to-equity ratio of -1.08, a current ratio of 4.25 and a quick ratio of 3.93.

AlarmCom (NASDAQ:ALRM) last announced its earnings results on Tuesday, August 7th. The software maker reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.12. AlarmCom had a negative return on equity of 64.90% and a net margin of 9.75%. The firm had revenue of $104.49 million during the quarter, compared to analyst estimates of $94.72 million. equities research analysts forecast that AlarmCom Hldg Inc will post 1.01 EPS for the current year.

Several large investors have recently made changes to their positions in the company. Polen Capital Management LLC raised its position in shares of AlarmCom by 12.1% in the 2nd quarter. Polen Capital Management LLC now owns 9,546 shares of the software maker’s stock worth $385,000 after acquiring an additional 1,031 shares in the last quarter. Victory Capital Management Inc. raised its position in shares of AlarmCom by 28.4% in the 1st quarter. Victory Capital Management Inc. now owns 6,024 shares of the software maker’s stock worth $227,000 after acquiring an additional 1,334 shares in the last quarter. Prudential Financial Inc. raised its position in shares of AlarmCom by 3.9% in the 1st quarter. Prudential Financial Inc. now owns 42,190 shares of the software maker’s stock worth $1,592,000 after acquiring an additional 1,600 shares in the last quarter. Swiss National Bank raised its position in shares of AlarmCom by 6.3% in the 1st quarter. Swiss National Bank now owns 28,500 shares of the software maker’s stock worth $1,076,000 after acquiring an additional 1,700 shares in the last quarter. Finally, Engineers Gate Manager LP raised its position in shares of AlarmCom by 13.1% in the 2nd quarter. Engineers Gate Manager LP now owns 15,300 shares of the software maker’s stock worth $618,000 after acquiring an additional 1,770 shares in the last quarter. 96.04% of the stock is owned by hedge funds and other institutional investors.

A number of research analysts have commented on the company. ValuEngine lowered AlarmCom from a “buy” rating to a “hold” rating in a research report on Thursday, June 21st. BidaskClub raised AlarmCom from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 30th. Stifel Nicolaus upped their price target on AlarmCom from $38.00 to $45.00 and gave the company a “hold” rating in a research report on Wednesday, August 8th. Goldman Sachs Group lowered AlarmCom from a “neutral” rating to a “sell” rating in a research report on Wednesday, June 27th. Finally, Roth Capital upped their price target on AlarmCom from $51.00 to $57.00 and gave the company a “buy” rating in a research report on Wednesday, August 8th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $52.92.

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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Insider Buying and Selling by Quarter for AlarmCom (NASDAQ:ALRM)

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