Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Alarm.com Holdings Inc shares valued at $2,181,306 were sold by Kerzner Daniel on Dec 13 ’24. At $66.40 per share, Kerzner Daniel sold 32,851 shares. The insider’s holdings dropped to 59,668 shares worth approximately $3.62 million following the completion of this transaction.
Also, DANIEL KERZNER purchased 32,851 shares, netting a total of over 2,181,142 in proceeds.
Before that, Trundle Stephen had sold 47,500 shares from its account. In a trade valued at $3,238,444, the Chief Executive Officer traded Alarm.com Holdings Inc shares for $68.18 each. Upon closing the transaction, the insider’s holdings decreased to 47,500 shares, worth approximately $15.35 million.
Analysts at Jefferies started covering the stock with ‘”a Buy”‘ outlook in a report released in early November. As of September 06, 2024, Goldman has initiated its “Neutral” rating for ALRM.
Analyzing ALRM Stock Performance
During the last five days, there has been a drop of approximately -4.45%. Over the course of the year, Alarm.com Holdings Inc shares have dropped approximately -0.12%. Shares of the company reached a 52-week high of $64.26 on 02/14/25 and a 52-week low of $58.67 on 01/13/25. A 50-day SMA is recorded $62.85, while a 200-day SMA reached $61.65. Nevertheless, trading volume fell to 0.51 million shares from 0.44 million shares the previous day.
Support And Resistance Levels for Alarm.com Holdings Inc (ALRM)
According to the 24-hour chart, there is a support level at 60.36, which, if violated, would cause prices to drop to 59.98. In the upper region, resistance lies at 61.13. The next price resistance is at 61.52. RSI (Relative Strength Index) is 43.04 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.53, which suggests the price will decrease in the coming days. Percent R is at 70.48%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
