Versor Investments LP Invests $206,000 in Alarm.com Holdings, Inc. $ALRM

Versor Investments LP purchased a new position in Alarm.com Holdings, Inc. (NASDAQ:ALRM) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,648 shares of the software maker’s stock, valued at approximately $206,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Yousif Capital Management LLC raised its holdings in shares of Alarm.com by 1.1% in the 2nd quarter. Yousif Capital Management LLC now owns 18,455 shares of the software maker’s stock valued at $1,044,000 after purchasing an additional 199 shares in the last quarter. Avantax Advisory Services Inc. increased its holdings in Alarm.com by 1.7% in the first quarter. Avantax Advisory Services Inc. now owns 13,865 shares of the software maker’s stock valued at $772,000 after buying an additional 232 shares during the last quarter. Blair William & Co. IL raised its stake in Alarm.com by 2.3% in the second quarter. Blair William & Co. IL now owns 12,762 shares of the software maker’s stock valued at $722,000 after buying an additional 290 shares in the last quarter. Aviso Financial Inc. lifted its holdings in Alarm.com by 2.3% during the 1st quarter. Aviso Financial Inc. now owns 13,550 shares of the software maker’s stock worth $754,000 after buying an additional 300 shares during the last quarter. Finally, KLP Kapitalforvaltning AS lifted its holdings in Alarm.com by 2.2% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 13,900 shares of the software maker’s stock worth $786,000 after buying an additional 300 shares during the last quarter. Institutional investors and hedge funds own 91.74% of the company’s stock.

Alarm.com Stock Performance

Shares of Alarm.com stock opened at $49.86 on Friday. The firm’s fifty day simple moving average is $52.60 and its 200-day simple moving average is $55.07. Alarm.com Holdings, Inc. has a 12 month low of $46.65 and a 12 month high of $70.06. The stock has a market capitalization of $2.49 billion, a price-to-earnings ratio of 21.13, a PEG ratio of 2.35 and a beta of 1.06. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.95 and a quick ratio of 1.82.

Alarm.com (NASDAQ:ALRM) last issued its quarterly earnings results on Thursday, November 6th. The software maker reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.14. The firm had revenue of $256.40 million during the quarter, compared to analysts’ expectations of $251.14 million. Alarm.com had a net margin of 12.92% and a return on equity of 14.57%. Alarm.com’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.62 EPS. Alarm.com has set its FY 2025 guidance at 2.530-2.530 EPS. As a group, equities analysts forecast that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have recently weighed in on ALRM. Weiss Ratings reissued a “hold (c-)” rating on shares of Alarm.com in a research report on Thursday, October 30th. Barclays dropped their price target on shares of Alarm.com from $60.00 to $56.00 and set an “equal weight” rating on the stock in a research note on Friday. Finally, Zacks Research cut shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a report on Monday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Alarm.com presently has a consensus rating of “Hold” and a consensus price target of $61.00.

About Alarm.com

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.