Alarm.com Holdings, Inc. (NASDAQ:ALRM – Get Free Report) has been assigned an average rating of “Hold” from the five analysts that are covering the company, Marketbeat Ratings reports. One investment 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 price objective among analysts that have issued a report on the stock in the last year is $55.00.
Several equities research analysts recently weighed in on ALRM shares. Weiss Ratings upgraded Alarm.com from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 15th. Barclays upped their price target on Alarm.com from $55.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Monday, August 10th. Wall Street Zen upgraded Alarm.com from a “hold” rating to a “buy” rating in a report on Sunday, August 16th. Zacks Research lowered Alarm.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 6th. Finally, Raymond James Financial reissued a “strong-buy” rating and set a $65.00 price objective on shares of Alarm.com in a research report on Friday, August 7th.
Read Our Latest Research Report on ALRM
Alarm.com Stock Up 0.3%
Alarm.com stock opened at $64.81 on Wednesday. The stock’s 50 day simple moving average is $56.48 and its two-hundred day simple moving average is $49.90. Alarm.com has a fifty-two week low of $41.49 and a fifty-two week high of $64.99.
Alarm.com (NASDAQ:ALRM – Get Free Report) last posted its earnings results on Thursday, August 6th. The software maker reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.12. The firm had revenue of $277.73 million for the quarter, compared to analysts’ expectations of $264.96 million. During the same quarter last year, the company posted $0.60 EPS. The firm’s revenue was up 9.2% on a year-over-year basis. Alarm.com has set its FY 2026 guidance at 2.920-2.940 EPS. Sell-side analysts forecast that Alarm.com will post 2.47 earnings per share for the current year.
Insider Transactions at Alarm.com
In related news, CFO Kevin Bradley sold 5,400 shares of Alarm.com stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $55.07, for a total transaction of $297,378.00. Following the completion of the transaction, the chief financial officer directly owned 78,222 shares of the company’s stock, valued at $4,307,685.54. This trade represents a 6.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Stephen Trundle sold 50,000 shares of the business’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $57.67, for a total transaction of $2,883,500.00. Following the sale, the chief executive officer directly owned 324,842 shares in the company, valued at $18,733,638.14. The trade was a 13.34% decrease in their position. The disclosure for this sale is available in the SEC filing. 4.80% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Alarm.com
Several large investors have recently made changes to their positions in ALRM. Dimensional Fund Advisors LP boosted its position in shares of Alarm.com by 1.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,117,359 shares of the software maker’s stock worth $48,257,000 after purchasing an additional 11,624 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Alarm.com by 43.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 779,200 shares of the software maker’s stock worth $33,654,000 after buying an additional 237,633 shares during the last quarter. SG Americas Securities LLC increased its position in Alarm.com by 85.3% during the 1st quarter. SG Americas Securities LLC now owns 483,486 shares of the software maker’s stock valued at $20,882,000 after buying an additional 222,563 shares in the last quarter. Bank of New York Mellon Corp bought a new position in Alarm.com during the 2nd quarter valued at approximately $14,339,000. Finally, Principal Financial Group Inc. increased its position in Alarm.com by 5.2% during the 1st quarter. Principal Financial Group Inc. now owns 300,204 shares of the software maker’s stock valued at $12,966,000 after buying an additional 14,967 shares in the last quarter. 91.74% of the stock is currently owned by hedge funds and other institutional investors.
Alarm.com Company Profile
Alarm.com Holdings, Inc develops cloud-based technology for connected security and smart automation. Its platform helps residential and commercial customers monitor and manage security systems, video cameras, access control, energy use, and other connected devices through mobile applications and web-based tools.
The company’s products and services are delivered primarily through a network of authorized service providers, including security dealers and integrators. Its offerings include intrusion detection, smart-home automation, video surveillance, commercial security and access management, energy management, and solutions designed for property managers and other business customers.
Founded in 2000 and headquartered in Vienna, Virginia, Alarm.com serves customers through service providers in the United States and international markets.
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