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Daniel Ramos, the Chief Legal and Compliance Officer and Senior Vice President of Corporate Operations at Alarm.com Holdings , Inc. (NASDAQ:ALRM), recently sold 777 shares of the company’s common stock. The shares were sold at an average price of $55.49, resulting in a total transaction value of approximately $43,115. The stock, currently trading at $50.93, has since declined and is now near its 52-week low of $51.87. According to InvestingPro analysis, the company appears undervalued with strong financial health indicators.
This sale was conducted to cover tax obligations linked to the vesting of restricted stock units, as mandated by Alarm.com’s equity incentive plans. Following this transaction, Ramos owns 40,323 shares of the company. The sale was executed under a prearranged trading plan and does not reflect discretionary trading by Ramos. Want deeper insights into insider transactions and comprehensive analysis? InvestingPro offers exclusive access to detailed insider trading patterns and over 30 key financial metrics for Alarm.com.
In other recent news, Alarm.com 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 this positive earnings surprise, Alarm.com’s stock experienced a slight decline in aftermarket trading. Looking forward, the company provided optimistic guidance for 2025, projecting continued growth in both SaaS and total revenue. Alarm.com also announced the promotion of Kevin Bradley to Chief Financial Officer, with Bradley set to oversee the company’s financial operations. In terms of strategic moves, Alarm.com launched new products, including an AI-powered video deterrence system, and completed the acquisition of Chekked to enhance its remote video monitoring capabilities. Meanwhile, AstroNova expanded its Board of Directors by appointing Darius Nevin, bringing additional financial expertise to the company. These developments reflect both companies’ ongoing efforts to enhance their strategic and operational frameworks.
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