Alarm.com (NASDAQ:ALRM) CEO Buys $480,700.00 in Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) CEO Stephen Trundle acquired 10,000 shares of Alarm.com stock in a transaction that occurred on Thursday, November 20th. The stock was acquired at an average cost of $48.07 per share, with a total value of $480,700.00. Following the completion of the purchase, the chief executive officer owned 1,315,343 shares in the company, valued at approximately $63,228,538.01. This represents a 0.77% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Stephen Trundle also recently made the following trade(s):

• On Wednesday, November 19th, Stephen Trundle bought 12,469 shares of Alarm.com stock. The shares were acquired at an average cost of $48.53 per share, for a total transaction of $605,120.57.
• On Tuesday, November 18th, Stephen Trundle bought 3,531 shares of Alarm.com stock. The stock was acquired at an average price of $48.57 per share, for a total transaction of $171,500.67.

Alarm.com Stock Down 1.1%

Shares of NASDAQ ALRM traded down $0.51 during mid-day trading on Thursday, reaching $47.64. The company had a trading volume of 319,832 shares, compared to its average volume of 360,235. 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 company has a market capitalization of $2.38 billion, a price-to-earnings ratio of 20.19, a PEG ratio of 1.86 and a beta of 1.06. The stock has a fifty day moving average of $51.43 and a two-hundred day moving average of $54.90. Alarm.com Holdings, Inc. has a 12-month low of $46.65 and a 12-month high of $70.06.

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

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Optiver Holding B.V. acquired a new stake in Alarm.com in the 3rd quarter worth approximately $25,000. Strengthening Families & Communities LLC bought a new position in shares of Alarm.com in the third quarter valued at approximately $27,000. Hantz Financial Services Inc. lifted its stake in shares of Alarm.com by 2,637.9% in the third quarter. Hantz Financial Services Inc. now owns 794 shares of the software maker’s stock worth $42,000 after buying an additional 765 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new stake in shares of Alarm.com during the 2nd quarter worth $43,000. Finally, Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Alarm.com during the 3rd quarter worth $46,000. Institutional investors and hedge funds own 91.74% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on ALRM shares. Zacks Research raised Alarm.com from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 14th. Barclays cut their price target on Alarm.com from $60.00 to $56.00 and set an “equal weight” rating for the company in a research note on Friday, November 7th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Alarm.com in a research note on Thursday, October 30th. Two equities research analysts have rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Alarm.com has an average rating of “Moderate Buy” and a consensus target price of $64.67.

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.