SmartRent (SMRT) CEO Frank Martell Sells 450,000 Shares
SmartRent CEO Frank Martell sold 450,000 shares on June 30, 2026, as the stock trades at $1.19.
Reviewed by automated data checks against the source filing. How we make and check alerts
Frank Martell, Chief Executive Officer at SmartRent, Inc. ($SMRT), sold 450,000 shares on June 30, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $SMRT is down 10.1% after 1 week, down 14.3% after 1 month and down 4.2% to date (from the $1.19 close on Jun 30, 2026).
SMRT
SmartRent, Inc.
Key Points
- Frank Martell, CEO of SmartRent, Inc. (SMRT), sold 450,000 shares on June 30, 2026.
- The stock is currently trading at $1.19, close to its 52-week low of $0.91.
- Analysts at Keefe, Bruyette & Woods maintain a 'Market Perform' rating with a price target of $1.20.
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CEO's Recent Sale of SmartRent Shares
Frank Martell, the Chief Executive Officer of SmartRent, Inc. (SMRT), sold 450,000 shares on June 30, 2026. The transaction comes as the stock trades at $1.19. This sale is part of Martell's ongoing activity in the stock, although no previous trades were reported.
Stock Performance Context
SmartRent's shares are currently priced at $1.19, which is near the lower end of its 52-week range, where it has traded between $0.91 and $2.20. This positioning may reflect broader market trends or company-specific developments that investors are watching closely.
Analysts Set New Price Targets
On July 13, 2026, analysts at Keefe, Bruyette & Woods maintained a 'Market Perform' rating on SmartRent with a price target of $1.20, down from $1.40. This suggests a cautious outlook as the stock moves through a challenging period.
What SmartRent, Inc. Does
SmartRent, Inc. is a technology company based in Phoenix, Arizona, providing management software and applications for rental property owners and operators. Their products are aimed at enhancing the management of real estate assets and improving the living experience for residents.
What's Ahead for SmartRent, Inc.
Investors will be watching for the next earnings report scheduled for November 4, 2026. As this sale reflects Martell's ongoing trading activity, it is essential to monitor any future filings that may indicate his current stance on the company's direction.
Related Filing Alerts
Source: Frank Martell's Form 4 filing on $SMRT (Jun 30, 2026). Find the original filing: SMRT Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts