AlarmCom Hldg Inc (NASDAQ:ALRM) insider Jean-Paul Martin sold 10,000 shares of the business’s stock in a transaction dated Tuesday, September 11th. The stock was sold at an average price of $56.68, for a total value of $566,800.00. Following the transaction, the insider now owns 148,004 shares of the company’s stock, valued at $8,388,866.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of ALRM stock opened at $56.46 on Friday. 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 Hldg Inc has a 12-month low of $33.39 and a 12-month high of $59.05. The stock has a market cap of $2.74 billion, a price-to-earnings ratio of 55.75, a PEG ratio of 3.35 and a beta of 1.33.
AlarmCom (NASDAQ:ALRM) last issued its quarterly earnings results on Tuesday, August 7th. The software maker reported $0.34 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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 anticipate that AlarmCom Hldg Inc will post 1.01 earnings per share for the current fiscal year.
Several equities analysts recently commented on ALRM shares. Goldman Sachs Group cut AlarmCom from a “neutral” rating to a “sell” rating and set a $30.00 target price for the company. in a research report on Wednesday, June 20th. Zacks Investment Research upgraded AlarmCom from a “hold” rating to a “buy” rating and set a $56.00 target price for the company in a research report on Monday, August 13th. Raymond James upgraded AlarmCom from an “outperform” rating to a “strong-buy” rating and set a $48.00 target price for the company in a research report on Monday, June 25th. Credit Suisse Group restated an “outperform” rating on shares of AlarmCom in a research report on Friday, August 17th. Finally, Jefferies Financial Group boosted their target price on AlarmCom to $55.00 and gave the stock a “buy” rating in a research report on Wednesday, August 8th. One analyst has rated the stock with a sell rating, two have issued a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price 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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