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SmartRent (NASDAQ:SMRT) Chief Executive Officer Frank Martell reported purchasing shares of the company’s Class A Common Stock worth approximately $304,710 in two transactions. The insider buying comes as the stock shows significant momentum, with a 38% return over the past week. According to InvestingPro analysis, the company appears undervalued based on its Fair Value model.
According to a Form 4 filing with the Securities and Exchange Commission, on August 11, 2025, Martell, through the Frank D. and Donna M. Martell Family Trust, acquired 100,000 shares at a weighted average price of $1.2648, for a total value of $126,480. The prices for these shares ranged from $1.24 to $1.28. The next day, August 12, the trust purchased an additional 130,000 shares at a weighted average price of $1.371, for a total value of $178,230. Prices for these shares ranged from $1.34 to $1.39. InvestingPro data reveals this insider buying aligns with management’s aggressive share repurchase strategy, with 12 additional exclusive insights available to subscribers.
Following these transactions, the Frank D. and Donna M. Martell Family Trust now directly owns 628,204 shares of SmartRent, Inc., representing a notable stake in the company’s $254.84 million market capitalization.
In other recent news, SmartRent Inc. reported its second-quarter 2025 earnings, revealing a net loss and revenue figures that did not meet expectations. The company announced an earnings per share of -$0.06, missing analysts’ projections of -$0.04. Revenue was reported at $38.3 million, which was below the anticipated $41.15 million. These results mark a significant development for the company as investors assess the financial health of SmartRent. The earnings announcement has drawn attention from analysts and investors alike. While there were no updates regarding any mergers or acquisitions, the financial shortfall has prompted a closer look at SmartRent’s performance. The company’s recent performance may lead to further analysis by firms evaluating its market position. These developments come amid a challenging period for SmartRent as it navigates the current economic landscape.
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