In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), AlarmCom Hldg Inc. (NASDAQ:ALRM) reported that Abs Capital Partners V Trust has picked up 5,337,646 of common stock as of 2017-03-23.
The acquisition brings the aggregate amount owned by Abs Capital Partners V Trust to a total of 5,337,646 representing a 11.55% stake in the company.
For those not familiar with the company, 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 operates through two segments: Alarm.com and Other. The Company’s Alarm.com segment represents its cloud-based platform for the connected home and related connected home solutions. Its Alarm.com segment also includes the results of Horizon Analog, which is a research company that focuses on collection and analysis of data relating energy usage and consumer behavior and energy disaggregation; Secure-i, which is a commercial video as a service provider, and SecurityTrax, which provides software-as-a-service (SaaS)-based customer relationship management software tailored for security system dealers. Its Other segment is focused on researching and developing home and commercial automation and energy management products and services in adjacent markets.
A glance at AlarmCom Hldg Inc. (NASDAQ:ALRM)’s key stats reveals a current market capitalization of 1.40 Billion based on 46.23 Million shares outstanding and a price at last close of $31.39 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2015-07-01, Hoag picked up 5,576 at a purchase price of $13.02. This brings their total holding to 105,863 as of the date of the filing.
On the sell side, the most recent transaction saw Hutz unload 3,500 shares at a sale price of $33.09. This brings their total holding to 145,522.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on AlarmCom Hldg Inc. (NASDAQ:ALRM) as things move forward to see if its progress aligns with these transactions.
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