First Trust Advisors LP Increases Position in Alarm.com Holdings, Inc. $ALRM

First Trust Advisors LP grew its holdings in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 83.1% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 68,306 shares of the software maker’s stock after buying an additional 31,000 shares during the quarter. First Trust Advisors LP owned 0.14% of Alarm.com worth $2,950,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of Montreal Can boosted its holdings in Alarm.com by 625.1% during the 4th quarter. Bank of Montreal Can now owns 2,231,227 shares of the software maker’s stock valued at $113,837,000 after acquiring an additional 1,923,525 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in Alarm.com by 101,569.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 947,556 shares of the software maker’s stock worth $48,344,000 after purchasing an additional 946,624 shares during the period. SG Americas Securities LLC lifted its position in shares of Alarm.com by 85.3% during the first quarter. SG Americas Securities LLC now owns 483,486 shares of the software maker’s stock worth $20,882,000 after purchasing an additional 222,563 shares during the last quarter. Nuveen LLC lifted its position in shares of Alarm.com by 197.3% during the fourth quarter. Nuveen LLC now owns 316,427 shares of the software maker’s stock worth $16,144,000 after purchasing an additional 209,995 shares during the last quarter. Finally, Lazard Asset Management LLC boosted its stake in shares of Alarm.com by 86.4% during the fourth quarter. Lazard Asset Management LLC now owns 347,611 shares of the software maker’s stock valued at $17,735,000 after purchasing an additional 161,115 shares during the period. 91.74% of the stock is currently owned by hedge funds and other institutional investors.

Alarm.com Trading Down 0.7%

Shares of NASDAQ ALRM opened at $56.29 on Friday. Alarm.com Holdings, Inc. has a twelve month low of $41.49 and a twelve month high of $59.53. The firm has a market cap of $2.78 billion, a PE ratio of 23.36, a price-to-earnings-growth ratio of 1.90 and a beta of 0.76. The business has a fifty day simple moving average of $49.28 and a two-hundred day simple moving average of $47.05. The company has a quick ratio of 4.55, a current ratio of 5.16 and a debt-to-equity ratio of 0.57.

Alarm.com (NASDAQ:ALRM) last posted its quarterly earnings results on Thursday, August 6th. The software maker reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.12. The business had revenue of $277.73 million for the quarter, compared to the consensus estimate of $264.96 million. Alarm.com had a return on equity of 14.99% and a net margin of 12.36%.The business’s revenue was up 9.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.60 EPS. Alarm.com has set its FY 2026 guidance at 2.920-2.940 EPS. Analysts expect that Alarm.com Holdings, Inc. will post 2.34 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently commented on ALRM shares. Weiss Ratings upgraded shares of Alarm.com from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 29th. Barclays lifted their price objective on shares of Alarm.com from $50.00 to $55.00 and gave the company an “equal weight” rating in a report on Friday, May 8th. Finally, Wall Street Zen raised shares of Alarm.com from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. Three analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Alarm.com currently has an average rating of “Reduce” and an average target price of $47.50.

Insider Buying and Selling at Alarm.com

In other news, insider Daniel Kerzner sold 3,944 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $43.78, for a total value of $172,668.32. Following the completion of the sale, the insider owned 101,141 shares in the company, valued at approximately $4,427,952.98. The trade was a 3.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Kevin Christopher Bradley sold 724 shares of the business’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $48.46, for a total transaction of $35,085.04. Following the completion of the sale, the chief financial officer owned 83,622 shares of the company’s stock, valued at approximately $4,052,322.12. This represents a 0.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 31,893 shares of company stock valued at $1,428,505 in the last ninety days. 4.80% of the stock is owned by insiders.

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.