Alarm.com (NASDAQ:ALRM) Insider Daniel Ramos Sells 1,561 Shares

Alarm.com Holdings, Inc. (NASDAQ:ALRMGet Free Report) insider Daniel Ramos sold 1,561 shares of the firm’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $43.56, for a total value of $67,997.16. Following the completion of the sale, the insider directly owned 65,631 shares in the company, valued at approximately $2,858,886.36. This represents a 2.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing 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.

Alarm.com Trading Up 1.3%

Shares of NASDAQ:ALRM opened at $44.04 on Thursday. The company has a market cap of $2.18 billion, a P/E ratio of 18.27, a P/E/G ratio of 1.52 and a beta of 0.79. The stock’s 50-day moving average is $44.70 and its 200-day moving average is $48.00. Alarm.com Holdings, Inc. has a 52-week low of $41.49 and a 52-week high of $59.98. The company has a debt-to-equity ratio of 0.57, a quick ratio of 4.55 and a current ratio of 5.16.

Alarm.com (NASDAQ:ALRMGet Free Report) last released its earnings results on Thursday, May 7th. The software maker reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.05. Alarm.com had a return on equity of 14.99% and a net margin of 12.36%.The business had revenue of $265.19 million for the quarter, compared to the consensus estimate of $250.94 million. During the same period last year, the business earned $0.54 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts predict that Alarm.com Holdings, Inc. will post 2.24 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on ALRM shares. Barclays lifted their target price 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. Zacks Research downgraded Alarm.com from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. Weiss Ratings reissued a “hold (c-)” rating on shares of Alarm.com in a research report on Friday, April 24th. Finally, JPMorgan Chase & Co. decreased their target price 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 research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $47.50.

Get Our Latest Research Report on Alarm.com

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ALRM. Amundi lifted its stake in Alarm.com by 6.8% during the first quarter. Amundi now owns 17,532 shares of the software maker’s stock worth $920,000 after purchasing an additional 1,113 shares during the period. AQR Capital Management LLC lifted its stake in Alarm.com by 7.8% during the first quarter. AQR Capital Management LLC now owns 59,005 shares of the software maker’s stock worth $3,284,000 after purchasing an additional 4,246 shares during the period. Woodline Partners LP bought a new position in Alarm.com during the first quarter worth about $514,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Alarm.com by 4.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 131,200 shares of the software maker’s stock worth $7,301,000 after purchasing an additional 6,080 shares during the period. Finally, Jane Street Group LLC lifted its stake in Alarm.com by 610.0% during the first quarter. Jane Street Group LLC now owns 114,715 shares of the software maker’s stock worth $6,384,000 after purchasing an additional 98,557 shares during the period. Institutional investors own 91.74% of the company’s stock.

Alarm.com Company Profile

(Get Free Report)

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.

Read More

Insider Buying and Selling by Quarter for Alarm.com (NASDAQ:ALRM)

Receive News & Ratings for Alarm.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alarm.com and related companies with MarketBeat.com's FREE daily email newsletter.