Daniel Ramos Sells 2,000 Shares of Alarm.com (NASDAQ:ALRM) Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider Daniel Ramos sold 2,000 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $46.50, for a total transaction of $93,000.00. Following the completion of the sale, the insider owned 53,099 shares of the company’s stock, valued at approximately $2,469,103.50. The trade was a 3.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Daniel Ramos also recently made the following trade(s):

• On Wednesday, June 10th, Daniel Ramos sold 8,000 shares of Alarm.com stock. The shares were sold at an average price of $46.23, for a total transaction of $369,840.00.
• On Tuesday, May 26th, Daniel Ramos sold 2,532 shares of Alarm.com stock. The shares were sold at an average price of $43.78, for a total transaction of $110,850.96.
• On Monday, May 18th, Daniel Ramos sold 1,561 shares of Alarm.com stock. The shares were sold at an average price of $43.56, for a total transaction of $67,997.16.

Alarm.com Trading Up 0.5%

Shares of Alarm.com stock traded up $0.24 during mid-day trading on Friday, hitting $46.65. The stock had a trading volume of 394,138 shares, compared to its average volume of 463,138. The firm has a 50-day moving average of $44.60 and a two-hundred day moving average of $47.53. Alarm.com Holdings, Inc. has a 12-month low of $41.49 and a 12-month high of $59.53. The company has a quick ratio of 4.55, a current ratio of 5.16 and a debt-to-equity ratio of 0.57. The firm has a market cap of $2.31 billion, a P/E ratio of 19.36, a price-to-earnings-growth ratio of 1.55 and a beta of 0.79.

Alarm.com (NASDAQ:ALRM) last posted its quarterly earnings results on Thursday, May 7th. The software maker reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.05. The business had revenue of $265.19 million during the quarter, compared to analysts’ expectations of $250.94 million. Alarm.com had a net margin of 12.36% and a return on equity of 14.99%. The business’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.54 EPS. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. Sell-side analysts forecast that Alarm.com Holdings, Inc. will post 2.34 earnings per share for the current year.

Wall Street Analyst Weigh In

ALRM has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Alarm.com in a research report on Friday, April 24th. Wall Street Zen raised shares of Alarm.com from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. Barclays increased their price objective on shares of Alarm.com from $50.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Friday, May 8th. JPMorgan Chase & Co. lowered their price objective on shares of Alarm.com from $55.00 to $40.00 and set an “underweight” rating for the company in a research report on Wednesday, February 18th. Finally, Zacks Research cut shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. Three equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $47.50.

Institutional Investors Weigh In On Alarm.com

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Optiver Holding B.V. purchased a new stake in Alarm.com during the third quarter worth about $25,000. Covestor Ltd boosted its holdings in Alarm.com by 67.3% during the fourth quarter. Covestor Ltd now owns 691 shares of the software maker’s stock worth $35,000 after buying an additional 278 shares in the last quarter. Hantz Financial Services Inc. boosted its holdings in Alarm.com by 2,637.9% during 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 in the last quarter. Financial Management Professionals Inc. purchased a new stake in Alarm.com during the fourth quarter worth about $47,000. Finally, Strs Ohio purchased a new stake in Alarm.com during the first quarter worth about $56,000. 91.74% of the stock is currently owned by institutional investors and hedge funds.

About Alarm.com

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.