BofA warns Fed risks policy mistake with early rate cuts
Steve Valenzuela, Chief Financial Officer at Alarm.com Holdings , Inc. (NASDAQ:ALRM), executed a notable stock transaction on March 6, 2025. Valenzuela sold 1,564 shares of common stock at an average price of $59.57 per share, totaling approximately $93,167. The shares were sold in multiple transactions with prices ranging from $59.49 to $59.82. The company, currently valued at $2.9 billion, maintains strong financial health with a current ratio of 7.85x, indicating robust liquidity according to InvestingPro data.
In addition to the sale, Valenzuela also exercised stock options to acquire 1,564 shares at $37.94 per share, totaling $59,338. Following these transactions, Valenzuela holds 37,500 shares of Alarm.com common stock directly.
These transactions reflect Valenzuela’s ongoing management of his equity stake in the company, which provides cloud-based services for remote control and monitoring of security systems.
In other recent news, Alarm.com Holdings Inc. reported its fourth-quarter earnings for 2024, surpassing analysts’ expectations with an earnings per share (EPS) of $0.58, compared to the forecasted $0.53. The company also exceeded revenue projections, reporting $242.2 million against the expected $237.45 million. Despite these positive earnings results, Alarm.com’s stock experienced a slight decline in aftermarket trading. The company’s SaaS and license revenue, a significant growth driver, rose by 11.7% year-over-year. Alarm.com launched new products, including an AI-powered video deterrence system, and acquired Chekked to enhance its remote video monitoring capabilities. For 2025, Alarm.com projects SaaS and license revenue between $671.2 million and $671.8 million and anticipates adjusted EBITDA to range from $188 million to $192 million. The company has expressed optimism about its growth trajectory, with plans to continue investing in research and development.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.