Insider Selling: Alarm.com (NASDAQ:ALRM) CFO Sells 724 Shares of Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) CFO Kevin Christopher Bradley sold 724 shares of the firm’s stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $48.46, for a total value of $35,085.04. Following the completion of the sale, the chief financial officer directly owned 83,622 shares of the company’s stock, valued at $4,052,322.12. The trade was a 0.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Kevin Christopher Bradley also recently made the following trade(s):

• On Wednesday, June 10th, Kevin Christopher Bradley sold 2,200 shares of Alarm.com stock. The shares were sold at an average price of $46.15, for a total value of $101,530.00.

Alarm.com Stock Performance

Alarm.com stock traded up $1.19 during mid-day trading on Thursday, reaching $49.69. 383,318 shares of the company traded hands, compared to its average volume of 491,701. The firm’s fifty day moving average is $44.88 and its two-hundred day moving average is $46.85. The company has a market capitalization of $2.46 billion, a price-to-earnings ratio of 20.62, a price-to-earnings-growth ratio of 1.57 and a beta of 0.79. Alarm.com Holdings, Inc. has a fifty-two week low of $41.49 and a fifty-two week high of $59.53. The company has a debt-to-equity ratio of 0.57, a current ratio of 5.16 and a quick ratio of 4.55.

Alarm.com (NASDAQ:ALRM) last announced its quarterly earnings data on Thursday, May 7th. The software maker reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.05. Alarm.com had a net margin of 12.36% and a return on equity of 14.99%. The firm had revenue of $265.19 million for the quarter, compared to analyst estimates of $250.94 million. During the same period in the previous year, the company earned $0.54 earnings per share. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. On average, equities research analysts expect that Alarm.com Holdings, Inc. will post 2.34 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Zacks Research downgraded Alarm.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. Wall Street Zen cut shares of Alarm.com from a “buy” rating to a “hold” rating in a research note on Saturday, June 20th. 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 note on Friday, May 8th. Finally, Weiss Ratings cut shares of Alarm.com from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, June 24th. Two analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $47.50.

Institutional Investors Weigh In On Alarm.com

Several hedge funds have recently modified their holdings of ALRM. Covestor Ltd increased its stake in shares of Alarm.com by 67.3% in the 4th quarter. Covestor Ltd now owns 691 shares of the software maker’s stock valued at $35,000 after purchasing an additional 278 shares in the last quarter. Financial Management Professionals Inc. acquired a new stake in Alarm.com in the fourth quarter valued at approximately $47,000. Strs Ohio acquired a new stake in Alarm.com in the first quarter valued at approximately $56,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Alarm.com in the fourth quarter valued at approximately $59,000. Finally, GAMMA Investing LLC raised its stake in shares of Alarm.com by 22.4% during the 4th quarter. GAMMA Investing LLC now owns 1,361 shares of the software maker’s stock worth $69,000 after buying an additional 249 shares during the period. 91.74% of the stock is owned by hedge funds and other institutional investors.

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.