Insider Selling: Alarm.com (NASDAQ:ALRM) Insider Sells 2,273 Shares of Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider Jeffrey Bedell sold 2,273 shares of the stock in a transaction on Friday, December 12th. The stock was sold at an average price of $52.51, for a total transaction of $119,355.23. Following the completion of the sale, the insider owned 505,805 shares in the company, valued at $26,559,820.55. The trade was a 0.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Alarm.com Stock Performance

Shares of ALRM traded up $0.37 during trading hours on Tuesday, hitting $51.85. The stock had a trading volume of 415,795 shares, compared to its average volume of 367,755. The firm has a 50-day moving average price of $50.69 and a 200 day moving average price of $54.19. Alarm.com Holdings, Inc. has a fifty-two week low of $46.65 and a fifty-two week high of $68.54. The firm has a market capitalization of $2.59 billion, a price-to-earnings ratio of 21.97, a PEG ratio of 1.99 and a beta of 0.88. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.92 and a current ratio of 2.06.

Alarm.com (NASDAQ:ALRM) last announced its quarterly earnings results 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. The firm had revenue of $256.40 million during the quarter, compared to analyst estimates of $251.14 million. Alarm.com had a return on equity of 14.26% and a net margin of 12.92%.Alarm.com’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.62 EPS. Alarm.com has set its FY 2025 guidance at 2.530-2.530 EPS. As a group, research analysts anticipate that Alarm.com Holdings, Inc. will post 1.64 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Cresset Asset Management LLC purchased a new stake in Alarm.com during the second quarter worth approximately $2,263,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Alarm.com during the 2nd quarter valued at approximately $210,000. Public Employees Retirement System of Ohio raised its stake in shares of Alarm.com by 44.3% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 57,623 shares of the software maker’s stock valued at $3,260,000 after purchasing an additional 17,680 shares in the last quarter. Dynamic Technology Lab Private Ltd grew its position in shares of Alarm.com by 90.9% in the 1st quarter. Dynamic Technology Lab Private Ltd now owns 24,432 shares of the software maker’s stock worth $1,359,000 after acquiring an additional 11,632 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in Alarm.com by 1.3% during 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 purchasing an additional 15,821 shares during the last quarter. Institutional investors and hedge funds own 91.74% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on ALRM. Barclays decreased their price objective on Alarm.com from $60.00 to $56.00 and set an “equal weight” rating on the stock in a report on Friday, November 7th. Zacks Research upgraded shares of Alarm.com from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 14th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Alarm.com in a report on Thursday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target 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.