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.
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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