Alarm.com Holdings, Inc. (NASDAQ:ALRM – Get Free Report) CFO Kevin Christopher Bradley sold 5,400 shares of Alarm.com stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $55.07, for a total value of $297,378.00. Following the transaction, the chief financial officer owned 78,222 shares of the company’s stock, valued at $4,307,685.54. The trade was a 6.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Kevin Christopher Bradley also recently made the following trade(s):
- On Thursday, July 2nd, Kevin Christopher Bradley sold 724 shares of Alarm.com stock. The stock was sold at an average price of $48.46, for a total value of $35,085.04.
- On Wednesday, June 10th, Kevin Christopher Bradley sold 2,200 shares of Alarm.com stock. The stock was sold at an average price of $46.15, for a total value of $101,530.00.
Alarm.com Price Performance
Shares of NASDAQ:ALRM opened at $55.57 on Friday. Alarm.com Holdings, Inc. has a 1-year low of $41.49 and a 1-year high of $59.53. The company has a debt-to-equity ratio of 0.57, a current ratio of 4.96 and a quick ratio of 4.38. The business has a fifty day moving average price of $50.57 and a 200-day moving average price of $47.34. The company has a market capitalization of $2.75 billion, a PE ratio of 24.59, a PEG ratio of 1.87 and a beta of 0.76.
Institutional Investors Weigh In On Alarm.com
A number of large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in Alarm.com by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 6,286,541 shares of the software maker’s stock valued at $320,739,000 after buying an additional 53,664 shares during the last quarter. Disciplined Growth Investors Inc. MN boosted its stake in shares of Alarm.com by 3.0% in the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 3,491,824 shares of the software maker’s stock worth $197,532,000 after buying an additional 102,481 shares during the last quarter. Bank of Montreal Can boosted its stake in shares of Alarm.com by 625.1% in the 4th quarter. Bank of Montreal Can now owns 2,231,227 shares of the software maker’s stock worth $113,837,000 after buying an additional 1,923,525 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Alarm.com by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 1,219,732 shares of the software maker’s stock worth $62,239,000 after acquiring an additional 7,454 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Alarm.com by 1.1% in the first quarter. Dimensional Fund Advisors LP now owns 1,117,359 shares of the software maker’s stock worth $48,257,000 after acquiring an additional 11,624 shares during the period. Institutional investors own 91.74% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on ALRM shares. Raymond James Financial reiterated a “strong-buy” rating and set a $65.00 price target on shares of Alarm.com in a report on Friday, August 7th. Weiss Ratings raised Alarm.com from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 29th. Barclays increased their target price on Alarm.com from $55.00 to $60.00 and gave the company an “equal weight” rating in a research note on Monday. Finally, Wall Street Zen lowered Alarm.com from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $55.00.
View Our Latest Report on Alarm.com
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.
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