SmartRent (SMRT) Shares Skyrocket, What You Need To Know

September 17, 2025 at 13:36 PM EDT

SMRT Cover Image

What Happened?

Shares of smart home company SmartRent (NYSE: SMRT) jumped 11.3% in the morning session after the stock extended its positive momentum as the company's CEO, Frank Martell, disclosed another significant purchase of company stock, signaling strong insider confidence.

According to a Form 4 filing, Martell acquired 50,000 shares on September 16. This transaction followed two other recent 50,000-share purchases on September 12 and September 15. In total, the CEO bought 150,000 shares in less than a week, increasing his beneficial ownership to 898,204 shares. Significant stock purchases by top executives are often viewed positively by investors. This string of acquisitions sent a clear message, suggesting that the company's leadership believed in its future prospects and current valuation.

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. But moves this big are rare even for SmartRent and indicate this news significantly impacted the market’s perception of the business.

The previous big move we wrote about was 1 day ago when the stock gained 5% on the news that 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.

SmartRent is down 4.9% since the beginning of the year, and at $1.67 per share, it is trading 15.1% 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 $150.00.

Unless you’ve been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.

About Us

Additional Information

Website & Technical Help

SmartRent (SMRT) Shares Skyrocket, What You Need To Know

What Happened?

What Is The Market Telling Us

More News