Alarm.com (NASDAQ:ALRM) Insider Sells $1,177,713.14 in Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider Jeffrey Bedell sold 22,727 shares of Alarm.com stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $51.82, for a total value of $1,177,713.14. Following the sale, the insider directly owned 505,805 shares of the company’s stock, valued at approximately $26,210,815.10. The trade was a 4.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Alarm.com Stock Performance

Shares of ALRM stock traded up $0.65 on Thursday, hitting $53.12. The company’s stock had a trading volume of 447,806 shares, compared to its average volume of 368,550. Alarm.com Holdings, Inc. has a fifty-two week low of $46.65 and a fifty-two week high of $65.76. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.92 and a current ratio of 2.06. The stock’s 50 day moving average is $50.71 and its 200-day moving average is $54.13. The company has a market capitalization of $2.65 billion, a PE ratio of 22.51, a PEG ratio of 1.97 and a beta of 0.89.

Alarm.com (NASDAQ:ALRM) last issued its quarterly earnings results on Thursday, November 6th. The software maker reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.14. The business had revenue of $256.40 million during the quarter, compared to analysts’ expectations of $251.14 million. Alarm.com had a return on equity of 14.26% and a net margin of 12.92%.The firm’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.62 earnings per share. Alarm.com has set its FY 2025 guidance at 2.530-2.530 EPS. Equities research analysts expect that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Alarm.com

Several large investors have recently modified their holdings of ALRM. Optiver Holding B.V. acquired a new position in Alarm.com in the third quarter valued at $25,000. Strengthening Families & Communities LLC acquired a new position in shares of Alarm.com in the 3rd quarter valued at about $27,000. Hantz Financial Services Inc. boosted its position in shares of Alarm.com by 2,637.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 794 shares of the software maker’s stock valued at $42,000 after purchasing an additional 765 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in Alarm.com during the second quarter worth approximately $43,000. Finally, Pilgrim Partners Asia Pte Ltd bought a new stake in Alarm.com in the third quarter worth approximately $46,000. 91.74% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently weighed in on ALRM. Barclays reduced their price objective on Alarm.com from $60.00 to $56.00 and set an “equal weight” rating on the stock in a research note on Friday, November 7th. Zacks Research raised shares of Alarm.com from a “hold” rating to a “strong-buy” rating in a report on Friday, November 14th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Alarm.com in a research report on Thursday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Alarm.com currently has a consensus rating of “Moderate Buy” and an average target price of $64.67.

Alarm.com Company Profile

Alarm.com Holdings, Inc provides various Internet of Things (IoT) and solutions for residential, multi-family, small business, and enterprise commercial markets in North America and internationally. The company operates through two segments, Alarm.com and Other. It offers solutions to control and monitor security systems, as well as to IoT devices, including door locks, garage doors, thermostats, and video cameras; and video monitoring and analytics solutions, such as video analytics, escalated events, video doorbells, intelligent integration, live streaming, secure cloud storage, and video alerts.