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Daniel Kerzner, President of the Platforms Business at Alarm.com Holdings , Inc. (NASDAQ:ALRM), has reported the sale of 932 shares of the company’s common stock. The transaction, disclosed in a recent SEC filing, took place on April 2, 2025, with shares sold at a weighted average price of $55.49, generating a total of $51,716. The sale comes as Alarm.com, currently valued at $2.5 billion, trades near its 52-week low of $51.87. According to InvestingPro analysis, the stock appears undervalued based on its Fair Value estimates.
This sale was executed to cover tax withholding obligations related to the vesting of restricted stock units, as mandated by Alarm.com’s equity incentive plans. Following this transaction, Kerzner holds 58,736 shares directly. The company maintains strong financial health with a current ratio of 7.85, indicating robust liquidity. InvestingPro subscribers can access 8 additional key insights and a comprehensive Pro Research Report about Alarm.com, one of 1,400+ stocks covered in depth.
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 these positive results, Alarm.com’s stock experienced a slight decline in aftermarket trading. The company provided optimistic guidance for 2025, projecting continued growth in both SaaS and license revenue. Alarm.com also announced the promotion of Kevin Bradley to Chief Financial Officer, a role in which he will oversee financial operations. Meanwhile, AstroNova expanded its Board of Directors with the appointment of Darius G. Nevin, enhancing its governance and strategic oversight. These developments reflect the companies’ ongoing efforts to strengthen their leadership and financial performance.
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