Insider Buying: SmartRent (NYSE:SMRT) Director Acquires $83,250.00 in Stock

Posted by Stanley Muller on Jun 13th, 2026

SmartRent, Inc. (NYSE:SMRT – Get Free Report) Director Thomas Bohjalian purchased 75,000 shares of the company’s stock in a transaction on Wednesday, June 10th. The stock was purchased at an average price of $1.11 per share, with a total value of $83,250.00. Following the completion of the transaction, the director owned 721,062 shares of the company’s stock, valued at approximately $800,378.82. This trade represents a 11.61% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

SmartRent Price Performance

SMRT opened at $1.14 on Friday. The company has a 50 day simple moving average of $1.30 and a two-hundred day simple moving average of $1.60. SmartRent, Inc. has a 1-year low of $0.85 and a 1-year high of $2.20. The firm has a market cap of $218.87 million, a P/E ratio of -8.73 and a beta of 1.53.

SmartRent (NYSE:SMRT – Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported ($0.02) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.02). SmartRent had a negative net margin of 16.58% and a negative return on equity of 10.61%. The firm had revenue of $36.63 million during the quarter, compared to analyst estimates of $36.82 million. Equities analysts anticipate that SmartRent, Inc. will post -0.1 earnings per share for the current year.

Analyst Upgrades and Downgrades

SMRT has been the subject of a number of research reports. Weiss Ratings lowered shares of SmartRent from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, May 26th. Keefe, Bruyette & Woods dropped their target price on shares of SmartRent from $2.00 to $1.40 and set a “market perform” rating for the company in a research report on Monday, May 18th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $1.40.

View Our Latest Stock Analysis on SmartRent

Institutional Investors Weigh In On SmartRent

Hedge funds have recently bought and sold shares of the business. CTC Alternative Strategies Ltd. purchased a new stake in SmartRent during the first quarter valued at $26,000. Kanen Wealth Management LLC purchased a new stake in SmartRent during the third quarter valued at $26,000. Neuberger Berman Group LLC purchased a new stake in SmartRent during the fourth quarter valued at $30,000. SummitTX Capital L.P. purchased a new stake in SmartRent during the first quarter valued at $34,000. Finally, Dean Jacobson Financial Services LLC purchased a new stake in SmartRent during the fourth quarter valued at $35,000. Hedge funds and other institutional investors own 59.42% of the company’s stock.

About SmartRent

(Get Free Report)

SmartRent Inc is a technology company that develops smart home and smart building automation solutions for the residential rental housing industry. Its integrated hardware and software platform enables property managers and owners to remotely monitor, manage and control access, energy use and overall resident experience. The company’s product portfolio includes smart locks, thermostats, leak and flood sensors, door and window sensors, security cameras, and a centralized management dashboard that interfaces with leading property management systems.

SmartRent’s platform is designed to streamline operations for multifamily communities and single-family rental portfolios by automating routine tasks such as digital resident self-showings, remote lease turnovers, package management and preventative maintenance alerts.