Alarm.com Holdings, Inc. $ALRM Shares Sold by Nomura Holdings Inc.

Nomura Holdings Inc. decreased its holdings in Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 5.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 278,335 shares of the software maker’s stock after selling 17,181 shares during the period. Nomura Holdings Inc. owned about 0.56% of Alarm.com worth $15,745,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Cresset Asset Management LLC acquired a new position in Alarm.com during the 2nd quarter worth approximately $2,263,000. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Alarm.com during the 2nd quarter worth $210,000. Public Employees Retirement System of Ohio grew its stake in shares of Alarm.com by 44.3% during the second quarter. Public Employees Retirement System of Ohio now owns 57,623 shares of the software maker’s stock worth $3,260,000 after purchasing an additional 17,680 shares in the last quarter. Dynamic Technology Lab Private Ltd grew its stake in shares of Alarm.com by 90.9% during the first quarter. Dynamic Technology Lab Private Ltd now owns 24,432 shares of the software maker’s stock worth $1,359,000 after purchasing an additional 11,632 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in Alarm.com by 1.3% in the second quarter. Geode Capital Management LLC now owns 1,202,312 shares of the software maker’s stock valued at $68,024,000 after buying an additional 15,821 shares in the last quarter. Hedge funds and other institutional investors own 91.74% of the company’s stock.

Analyst Ratings Changes

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

Insiders Place Their Bets

In other Alarm.com news, CEO Stephen Trundle acquired 10,000 shares of the company’s stock in a transaction on Thursday, November 20th. The shares were bought at an average cost of $48.07 per share, for a total transaction of $480,700.00. Following the completion of the purchase, the chief executive officer owned 1,315,343 shares in the company, valued at $63,228,538.01. This trade represents a 0.77% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Daniel Kerzner sold 10,000 shares of the stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $50.33, for a total transaction of $503,300.00. Following the sale, the insider owned 52,000 shares of the company’s stock, valued at $2,617,160. This trade represents a 16.13% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have purchased 26,000 shares of company stock valued at $1,257,321. 5.60% of the stock is owned by company insiders.

Alarm.com Stock Down 1.2%

Shares of NASDAQ ALRM opened at $52.16 on Monday. The business has a 50-day moving average price of $50.70 and a 200 day moving average price of $54.23. The stock has a market cap of $2.60 billion, a PE ratio of 22.10, a price-to-earnings-growth ratio of 1.99 and a beta of 0.88. The company has a quick ratio of 1.92, a current ratio of 2.06 and a debt-to-equity ratio of 0.59. Alarm.com Holdings, Inc. has a 52-week low of $46.65 and a 52-week high of $68.54.

Alarm.com (NASDAQ:ALRM) last issued its quarterly earnings data on Thursday, November 6th. The software maker reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.14. The company 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% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.62 earnings per share. Alarm.com has set its FY 2025 guidance at 2.530-2.530 EPS. Equities research analysts forecast that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current year.

Alarm.com 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.