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The latest update is out from SmartRent ( (SMRT) ).
SmartRent announced the appointment of Michael Shane Paladin as President and CEO effective February 24, 2025, replacing Daryl Stemm who will continue as CFO. Paladin, with extensive experience in SaaS and enterprise software, is expected to drive growth and innovation in the rental housing industry. Additionally, SmartRent amended executive employment agreements to enhance severance benefits and adopted the 2025 Inducement Equity Incentive Plan, reserving 6.5 million shares to attract new talent.
More about SmartRent
SmartRent, Inc. is a leading provider of smart communities and smart operations solutions for the rental housing industry. Founded in 2017, the company offers an end-to-end enterprise ecosystem designed to automate operations, protect assets, reduce energy consumption, and enhance the resident experience. SmartRent’s solutions are widely used by 15 of the top 20 multifamily operators, serving millions of users daily.
YTD Price Performance: -9.71%
Average Trading Volume: 1,070,292
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $304.3M
See more insights into SMRT stock on TipRanks’ Stock Analysis page.
