Jeffrey A. Bedell Sells 400 Shares of AlarmCom Hldg Inc (ALRM) Stock
AlarmCom Hldg Inc (NASDAQ:ALRM) insider Jeffrey A. Bedell sold 400 shares of the business’s stock in a transaction dated Friday, September 14th. The stock was sold at an average price of $56.50, for a total value of $22,600.00. Following the transaction, the insider now directly owns 438,100 shares of the company’s stock, valued at approximately $24,752,650. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Shares of ALRM stock traded down $0.02 during trading hours on Friday, hitting $44.30. The company had a trading volume of 1,036,030 shares, compared to its average volume of 499,670. AlarmCom Hldg Inc has a 12 month low of $33.39 and a 12 month high of $60.20. The firm has a market cap of $2.74 billion, a P/E ratio of 58.29, a P/E/G ratio of 3.35 and a beta of 1.33. The company has a current ratio of 4.25, a quick ratio of 3.93 and a debt-to-equity ratio of -1.08.
AlarmCom (NASDAQ:ALRM) last released its quarterly earnings results on Tuesday, August 7th. The software maker reported $0.34 EPS for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.12. The business had revenue of $104.49 million for the quarter, compared to analyst estimates of $94.72 million. AlarmCom had a negative return on equity of 64.90% and a net margin of 9.75%. Sell-side analysts forecast that AlarmCom Hldg Inc will post 1.01 EPS for the current year.
Several equities analysts have commented on the company. ValuEngine cut AlarmCom from a “buy” rating to a “hold” rating in a report on Thursday, June 21st. BidaskClub raised AlarmCom from a “buy” rating to a “strong-buy” rating in a 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 report on Wednesday, August 8th. Goldman Sachs Group cut AlarmCom from a “neutral” rating to a “sell” rating in a report on Wednesday, June 27th. Finally, Zacks Investment Research cut AlarmCom from a “strong-buy” rating to a “hold” rating in a report on Tuesday. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. AlarmCom currently has an average rating of “Buy” and an average target price of $53.75.
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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