Northwestern Mutual Wealth Management Co. Purchases 946,624 Shares of Alarm.com Holdings, Inc. $ALRM

Northwestern Mutual Wealth Management Co. raised its position in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 101,569.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 947,556 shares of the software maker’s stock after acquiring an additional 946,624 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 1.90% of Alarm.com worth $48,344,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Optiver Holding B.V. bought a new stake in shares of Alarm.com in the 3rd quarter worth approximately $25,000. Strengthening Families & Communities LLC bought a new stake in shares of Alarm.com in the 3rd quarter worth approximately $27,000. Hantz Financial Services Inc. boosted its position in shares of Alarm.com by 2,637.9% in the 3rd quarter. Hantz Financial Services Inc. now owns 794 shares of the software maker’s stock worth $42,000 after purchasing an additional 765 shares in the last quarter. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Alarm.com in the 3rd quarter worth approximately $46,000. Finally, Financial Management Professionals Inc. bought a new stake in shares of Alarm.com in the 4th quarter worth approximately $47,000. 91.74% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

ALRM has been the topic of a number of analyst reports. Barclays boosted their price target on Alarm.com from $50.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Friday, May 8th. Weiss Ratings reissued a “hold (c-)” rating on shares of Alarm.com in a research report on Friday, April 24th. Zacks Research cut Alarm.com from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. Finally, JPMorgan Chase & Co. dropped their price target on Alarm.com from $55.00 to $40.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 18th. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Alarm.com presently has an average rating of “Reduce” and an average target price of $47.50.

Insider Transactions at Alarm.com

In related news, CFO Kevin Christopher Bradley sold 1,510 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $45.97, for a total value of $69,414.70. Following the transaction, the chief financial officer directly owned 51,546 shares of the company’s stock, valued at approximately $2,369,569.62. This represents a 2.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 5.60% of the company’s stock.

Alarm.com Stock Performance

ALRM stock opened at $43.83 on Tuesday. The stock has a market capitalization of $2.17 billion, a PE ratio of 18.19, a price-to-earnings-growth ratio of 1.49 and a beta of 0.79. Alarm.com Holdings, Inc. has a 12-month low of $41.49 and a 12-month high of $59.98. The company has a current ratio of 5.16, a quick ratio of 4.55 and a debt-to-equity ratio of 0.57. The stock’s 50 day simple moving average is $44.94 and its 200 day simple moving average is $48.08.

Alarm.com (NASDAQ:ALRM) last released its quarterly earnings data on Thursday, May 7th. The software maker reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.05. The business had revenue of $265.19 million for the quarter, compared to analysts’ expectations of $250.94 million. Alarm.com had a return on equity of 14.99% and a net margin of 12.36%.The firm’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.54 EPS. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. As a group, research analysts forecast that Alarm.com Holdings, Inc. will post 2.24 earnings per share for the current fiscal year.

Alarm.com Profile

Alarm.com Holdings, Inc provides a cloud-based software platform for connected properties, enabling residential and commercial customers to monitor, manage and control security, energy and home automation solutions. The company’s interactive services connect security systems, smart thermostats, door locks, lights and video cameras through cellular, broadband and Z-Wave networks, offering real-time alerts and remote access via mobile and web applications.

Through its platform, Alarm.com delivers an integrated suite of products that includes intrusion detection, video monitoring and cloud recording, energy management features such as smart thermostat scheduling, and home automation controls for lighting, garage doors and connected appliances.