Alarm.com CEO Stephen Trundle sells $2.88m of company stock

Stephen Trundle, the Chief Executive Officer and Director of Alarm.com Holdings, Inc., divested $2.88 million worth of company stock on August 24, 2026. The sale of 50,000 shares occurred at an average price of $57.67, with individual transaction prices varying between $57.245 and $58.13. The stock was trading near its 52-week peak of $59.38 at the time of the sale.

This move follows a robust 20.56% return over the last six months. Projections suggest the stock is currently undervalued. Notably, Trundle simultaneously increased his stake by purchasing 50,000 shares through option exercise, amounting to $1,608,500. Both actions were executed under a pre-approved trading plan. As a result, Trundle currently owns a total of 324,842 shares directly and indirectly holds 1,759,673 shares through various trusts.

Alarm.com reported mixed second-quarter results, meeting profit expectations with adjusted earnings of $0.77 per share. However, revenue fell short, totaling $188.8 million compared to the forecasted $264.93 million. The company's effective cost management amid this shortfall is notable. This aligns with a broader focus on financial performance in the tech industry.

Investors and analysts will likely monitor future earnings reports closely to assess the company's growth prospects.