Alarm.com (NASDAQ:ALRM) CEO Sells $265,875.94 in Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) CEO Stephen Trundle sold 6,073 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $43.78, for a total value of $265,875.94. Following the completion of the transaction, the chief executive officer owned 324,842 shares of the company’s stock, valued at $14,221,582.76. The trade was a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Stephen Trundle also recently made the following trade(s):

• On Monday, May 18th, Stephen Trundle sold 2,944 shares of Alarm.com stock. The shares were sold at an average price of $43.56, for a total value of $128,240.64.

Alarm.com Trading Up 0.5%

Alarm.com stock traded up $0.20 during trading on Thursday, hitting $44.10. The company’s stock had a trading volume of 395,163 shares, compared to its average volume of 455,728. The stock has a market capitalization of $2.18 billion, a price-to-earnings ratio of 18.30, a P/E/G ratio of 1.54 and a beta of 0.79. The stock’s fifty day moving average is $44.33 and its 200 day moving average is $47.84. Alarm.com Holdings, Inc. has a 1-year low of $41.49 and a 1-year 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:ALRM) last released its earnings results on Thursday, May 7th. The software maker reported $0.65 EPS for the quarter, beating the consensus estimate of $0.60 by $0.05. The firm had revenue of $265.19 million during the quarter, compared to analyst estimates of $250.94 million. Alarm.com had a return on equity of 14.99% and a net margin of 12.36%.The business’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.54 earnings per share. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. As a group, equities research analysts predict that Alarm.com Holdings, Inc. will post 2.24 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Barclays upped their price target on Alarm.com from $50.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Friday, May 8th. JPMorgan Chase & Co. dropped their price target on Alarm.com from $55.00 to $40.00 and set an “underweight” rating for the company in a research note on Wednesday, February 18th. Weiss Ratings restated a “hold (c-)” rating on shares of Alarm.com in a research note on Friday, April 24th. Finally, Zacks Research lowered Alarm.com from a “strong-buy” rating to a “hold” rating in a research note 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. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $47.50.

Institutional Investors Weigh In On Alarm.com

Several institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in shares of Alarm.com by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 6,286,541 shares of the software maker’s stock worth $320,739,000 after buying an additional 53,664 shares during the period. Disciplined Growth Investors Inc. MN raised its stake in Alarm.com by 3.0% during the second quarter. Disciplined Growth Investors Inc. MN now owns 3,491,824 shares of the software maker’s stock valued at $197,532,000 after buying an additional 102,481 shares in the last quarter. Bank of Montreal Can raised its stake in Alarm.com by 625.1% during the fourth quarter. Bank of Montreal Can now owns 2,231,227 shares of the software maker’s stock valued at $113,837,000 after buying an additional 1,923,525 shares in the last quarter. Geode Capital Management LLC raised its stake in Alarm.com by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 1,219,732 shares of the software maker’s stock valued at $62,239,000 after buying an additional 7,454 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Alarm.com by 1.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,117,359 shares of the software maker’s stock worth $48,257,000 after purchasing an additional 11,624 shares during the period. Hedge funds and other institutional investors own 91.74% of the company’s stock.

Alarm.com Company 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.