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Stephen Trundle, the Chief Executive Officer of Alarm.com Holdings , Inc. (NASDAQ:ALRM), recently sold a portion of his shares in the company. According to a filing with the Securities and Exchange Commission, Trundle sold 1,553 shares of common stock on April 2, 2025, at a weighted average price of $55.49 per share, totaling $86,175. The transaction comes as the stock trades near its 52-week low of $51.87, with shares down about 25% over the past year.
This transaction was executed to cover tax withholding obligations associated with the settlement of vested restricted stock units. The sale was not a discretionary trade by Trundle but was mandated under Alarm.com’s equity incentive plans. The company maintains strong financial health with a current ratio of 7.85x and holds more cash than debt on its balance sheet. InvestingPro analysis suggests the stock is currently undervalued, with additional insights available in the comprehensive Pro Research Report.
Following this transaction, Trundle holds 251,129 shares directly. Additionally, he has indirect ownership of shares through various entities, including Backbone Partners, LLC and the Stephen Trundle 2015 Gift Trust, among others. With a market capitalization of $2.5 billion, Alarm.com has maintained profitability over the last twelve months with a gross profit margin of 65.3%.
In other recent news, Alarm.com reported its fourth-quarter earnings for 2024, surpassing analysts’ expectations. The company achieved an earnings per share of $0.58, outperforming the projected $0.53, and recorded revenue of $242.2 million, exceeding the anticipated $237.45 million. Alarm.com also provided optimistic guidance for 2025, projecting continued growth in its SaaS and license revenue. The company recently appointed Kevin Bradley as its new Chief Financial Officer, succeeding Steve Valenzuela, who announced his retirement. Meanwhile, AstroNova announced the expansion of its Board of Directors with the appointment of Darius G. Nevin. Nevin brings significant financial expertise and governance experience to the company, having previously served as CFO of Protection One, Inc. These developments are part of AstroNova’s ongoing efforts to enhance its governance and strategic oversight. Both companies have made strategic moves to strengthen their leadership and financial performance, reflecting their commitment to long-term growth.
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