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For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

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  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
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SmartRent (SMRT) Stock Trades Up, Here Is Why

SMRT Cover Image

What Happened?

Shares of smart home company SmartRent (NYSE: SMRT) jumped 5% in the morning session after the company's CEO, Frank Martell, disclosed the purchase of 100,000 shares. 

According to a filing, Martell made two separate purchases of Class A common stock in September. He acquired 50,000 shares on September 12 at a weighted average price of $1.4387, and another 50,000 shares on September 15 at a weighted average price of $1.5313. Following these transactions, Martell's beneficial ownership increased to 848,204 shares. Significant stock purchases by top executives are often viewed positively by investors, as they can signal strong confidence from leadership in the company's future prospects and current valuation.

After the initial pop the shares cooled down to $1.58, up 4.6% from previous close.

Is now the time to buy SmartRent? Access our full analysis report here, it’s free.

What Is The Market Telling Us

SmartRent’s shares are extremely volatile and have had 49 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 26 days ago when the stock dropped 3.8% on the news that markets continued to decline, as investors grew cautious ahead of a key speech by Federal Reserve Chair Jerome Powell. The move came as U.S. equity markets recorded a fifth consecutive day of losses for major indexes like the S&P 500, with technology stocks experiencing the largest declines. Investors have grown wary that the sharp rally in the tech sector since April may have advanced too far. The market-wide caution is largely driven by the upcoming Jackson Hole symposium, a meeting of central bankers, where traders are anxiously awaiting Fed Chair Powell's speech on Friday for guidance on the future path of interest rates.

SmartRent is down 9.7% since the beginning of the year, and at $1.58 per share, it is trading 19.4% below its 52-week high of $1.96 from November 2024. Investors who bought $1,000 worth of SmartRent’s shares at the IPO in February 2021 would now be looking at an investment worth $142.34.

Do you want to know what moves the business you care about? Add them to your StockStory watchlist and every time a stock significantly moves, we provide you with a timely explanation straight to your inbox. It’s free and will only take you a second.

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