AlarmCom Hldg Inc(NASDAQ:ALRM) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-Market on Mar 15, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Company reported revenue of $69.794M. Analysts estimated a revenue of $63.950M. The revenues were 9.14% above the estimates. Earnings per share were $0.19. The reported EPS was above estimates by 46.15%. Analysts had estimated an EPS of $0.13.
AlarmCom Hldg Inc (ALRM) shares turned negative on Fridays trading session with the shares closing down -0.24 points or -0.76% at a volume of 10,95,465. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $31.74. The peak price level was also seen at $31.74 while the days lowest was $30.905. Finally the shares closed at $31.21. The 52-week high of the shares is $34.43 while the 52-week low is $19.91. According to the latest information available, the market cap of the company is $1,443 M.
Several Insider Transactions has been reported to the SEC. On Mar 7, 2017, David Hutz (Chief Systems Architect) sold 3,500 shares at $28.78 per share price.Also, On Mar 7, 2017, Jean-paul Martin (Chief Technology Officer) sold 30,000 shares at $29.10 per share price.On Feb 10, 2017, Daniel Kerzner (Chief Product Officer) sold 36,000 shares at $27.54 per share price, according to the Form-4 filing with the securities and exchange commission.
Alarm.com Holdings Inc. is a platform solution for the connected home. The Company through its cloud-based services makes connected home technology accessible to millions of home and business owners. The Company’s multi-tenant software-as-a-service (SaaS) platform enables home and business owners to secure their properties and automate and control an array of connected devices through a single intuitive user interface. The Company offers four primary solutions which include interactive security intelligent automation video monitoring and energy management. The Company offers a suite of enterprise-grade business management solutions to its service providers which include service provider portal installation and support business management and sales marketing and training. The Company is also engaged in the design and manufacturing of various types of hardware including cellular communication modules image sensor video cameras and smart thermostat.