Alarm.com Holdings, Inc. (NASDAQ:ALRM) Receives Average Rating of “Hold” from Analysts

Shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) have been assigned an average recommendation of “Hold” from the five brokerages that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $53.3333.

Several analysts have commented on the stock. Raymond James Financial reiterated a “strong-buy” rating and issued a $65.00 price target on shares of Alarm.com in a research note on Friday. Wall Street Zen raised shares of Alarm.com from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Weiss Ratings raised Alarm.com from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 29th. Finally, Barclays lifted their target price on Alarm.com from $50.00 to $55.00 and gave the stock an “equal weight” rating in a report on Friday, May 8th.

Alarm.com Price Performance

Shares of ALRM stock traded up $0.06 during trading hours on Friday, reaching $56.35. The stock had a trading volume of 129,509 shares, compared to its average volume of 478,917. The firm has a market capitalization of $2.79 billion, a PE ratio of 23.48, a PEG ratio of 1.90 and a beta of 0.76. The company has a current ratio of 5.16, a quick ratio of 4.55 and a debt-to-equity ratio of 0.57. The stock’s fifty day simple moving average is $49.28 and its 200 day simple moving average is $47.05. Alarm.com has a 12 month low of $41.49 and a 12 month high of $59.53.

Alarm.com (NASDAQ:ALRM) last released its quarterly earnings results on Thursday, August 6th. The software maker reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.12. The company had revenue of $277.73 million during the quarter, compared to the consensus estimate of $264.96 million. Alarm.com had a net margin of 12.36% and a return on equity of 14.99%. Alarm.com’s revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.60 earnings per share. Alarm.com has set its FY 2026 guidance at 2.920-2.940 EPS. On average, equities research analysts predict that Alarm.com will post 2.34 EPS for the current year.

Insider Activity

In other news, insider Daniel Ramos sold 2,000 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $46.50, for a total value of $93,000.00. Following the sale, the insider directly owned 53,099 shares in the company, valued at approximately $2,469,103.50. This represents a 3.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Daniel Kerzner sold 3,944 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $43.78, for a total value of $172,668.32. Following the transaction, the insider owned 101,141 shares of the company’s stock, valued at approximately $4,427,952.98. The trade was a 3.75% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 31,893 shares of company stock worth $1,428,505 over the last 90 days. Insiders own 4.80% of the company’s stock.

Institutional Investors Weigh In On Alarm.com

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. California State Teachers Retirement System grew its stake in shares of Alarm.com by 0.5% in the 2nd quarter. California State Teachers Retirement System now owns 43,287 shares of the software maker’s stock valued at $2,449,000 after purchasing an additional 226 shares during the period. Stifel Financial Corp boosted its holdings in Alarm.com by 1.8% in the fourth quarter. Stifel Financial Corp now owns 14,176 shares of the software maker’s stock valued at $723,000 after acquiring an additional 254 shares during the last quarter. ProShare Advisors LLC raised its holdings in Alarm.com by 3.0% during the 4th quarter. ProShare Advisors LLC now owns 9,284 shares of the software maker’s stock worth $474,000 after purchasing an additional 269 shares during the last quarter. Covestor Ltd grew its holdings in Alarm.com by 67.3% during the 4th quarter. Covestor Ltd now owns 691 shares of the software maker’s stock worth $35,000 after acquiring an additional 278 shares during the period. Finally, State of Alaska Department of Revenue lifted its stake in Alarm.com by 1.3% in the fourth quarter. State of Alaska Department of Revenue now owns 27,944 shares of the software maker’s stock valued at $1,424,000 after buying an additional 368 shares during the period. Institutional investors own 91.74% of the company’s stock.

Alarm.com Company Profile

Alarm.com Holdings, Inc provides a cloud-based software platform for connected properties, enabling residential and commercial customers to monitor, manage and control security, energy and home automation solutions. The company’s interactive services connect security systems, smart thermostats, door locks, lights and video cameras through cellular, broadband and Z-Wave networks, offering real-time alerts and remote access via mobile and web applications.

Through its platform, Alarm.com delivers an integrated suite of products that includes intrusion detection, video monitoring and cloud recording, energy management features such as smart thermostat scheduling, and home automation controls for lighting, garage doors and connected appliances.