On August 22, 2024, Steve Valenzuela, Chief Financial Officer of Alarm.com Holdings Inc (NASDAQ:ALRM), sold 7,400 shares of the company. The transaction was documented in a recent SEC filing. Following this sale, the insider now owns 37,500 shares of Alarm.com Holdings Inc.
Alarm.com Holdings Inc. is a connected property platform solution provider. The company provides interactive security solutions designed to monitor and respond to events in properties. These solutions are cloud-based and target a wide range of market segments, including residential, commercial and enterprise customers.
Over the past year, Steve Valenzuela has sold a total of 26,614 shares and purchased no shares. This recent sale is part of a broader trend seen within the company. Over the past year, there have been 13 insider sales and no insider purchases.
Alarm.com Holdings Inc. shares were trading at $60.27 on the day of the sale. The company has a market capitalization of around $3.04 billion. The price-to-earnings ratio is 29.71, which is higher than the industry average of 25.24.
The stock currently has a GF Value of $66.41, which translates to a Price to GF Value ratio of 0.91. This suggests that Alarm.com Holdings Inc. is fairly valued based on its GF Value.
The GF value is calculated by taking into account historical trading multiples such as price-to-earnings ratio, price-to-sales ratio, price-to-book ratio and price-to-free cash flow, along with a GuruFocus adjustment factor based on past earnings and growth as well as Morningstar analysts’ views on future business performance.
This insider sale could be of interest to investors who follow the behavior of insiders and evaluate the current valuation metrics of the stock.
This article created by GuruFocus is intended to provide general insights and does not constitute tailored financial advice. Our commentary is based on historical data and analyst forecasts, uses an unbiased methodology and is not intended to serve as specific investment advice. It does not contain a recommendation to buy or sell any stock and does not take into account any individual investment objectives or financial circumstances. Our goal is to provide long-term, fundamental, data-driven analysis. Note that our analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in any stocks mentioned here.
This article first appeared on GuruFocus.
