Seizert Capital Partners LLC Buys 1,808 Shares of Alarm.com Holdings, Inc. $ALRM

Seizert Capital Partners LLC boosted its stake in Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 2.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 81,425 shares of the software maker’s stock after acquiring an additional 1,808 shares during the period. Seizert Capital Partners LLC owned 0.16% of Alarm.com worth $4,606,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Larson Financial Group LLC increased its stake in shares of Alarm.com by 235.5% during the 1st quarter. Larson Financial Group LLC now owns 916 shares of the software maker’s stock worth $51,000 after purchasing an additional 643 shares during the last quarter. Strs Ohio purchased a new stake in Alarm.com in the first quarter worth $56,000. Atlantic Union Bankshares Corp purchased a new stake in Alarm.com in the second quarter worth $57,000. BI Asset Management Fondsmaeglerselskab A S purchased a new position in shares of Alarm.com during the 1st quarter valued at $73,000. Finally, CWM LLC grew its stake in shares of Alarm.com by 95.5% during the 1st quarter. CWM LLC now owns 2,031 shares of the software maker’s stock worth $113,000 after acquiring an additional 992 shares during the period. 91.74% of the stock is currently owned by hedge funds and other institutional investors.

Alarm.com Stock Up 1.3%

ALRM opened at $48.85 on Wednesday. The stock has a market cap of $2.44 billion, a PE ratio of 20.70, a P/E/G ratio of 1.84 and a beta of 1.06. The company has a quick ratio of 1.92, a current ratio of 2.06 and a debt-to-equity ratio of 0.59. Alarm.com Holdings, Inc. has a 52 week low of $46.65 and a 52 week high of $70.06. The business’s fifty day simple moving average is $51.57 and its 200 day simple moving average is $54.94.

Alarm.com (NASDAQ:ALRM) last issued its quarterly earnings results on Thursday, November 6th. The software maker reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.14. The firm had revenue of $256.40 million during the quarter, compared to analyst estimates of $251.14 million. Alarm.com had a return on equity of 14.26% and a net margin of 12.92%.The company’s revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.62 earnings per share. Alarm.com has set its FY 2025 guidance at 2.530-2.530 EPS. As a group, research analysts expect that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current fiscal year.

Insider Transactions at Alarm.com

In other Alarm.com news, insider Daniel Kerzner sold 10,000 shares of the stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $50.33, for a total transaction of $503,300.00. Following the transaction, the insider directly owned 52,000 shares in the company, valued at $2,617,160. This trade represents a 16.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 5.60% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

ALRM has been the topic of several recent research reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Alarm.com in a report on Thursday, October 30th. Barclays reduced their price target on Alarm.com from $60.00 to $56.00 and set an “equal weight” rating for the company in a research report on Friday, November 7th. Finally, Zacks Research raised Alarm.com from a “hold” rating to a “strong-buy” rating in a report on Friday, November 14th. Two analysts have rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Alarm.com currently has an average rating of “Moderate Buy” and an average price target of $64.67.

Alarm.com Company Profile

Alarm.com Holdings, Inc provides various Internet of Things (IoT) and solutions for residential, multi-family, small business, and enterprise commercial markets in North America and internationally. The company operates through two segments, Alarm.com and Other. It offers solutions to control and monitor security systems, as well as to IoT devices, including door locks, garage doors, thermostats, and video cameras; and video monitoring and analytics solutions, such as video analytics, escalated events, video doorbells, intelligent integration, live streaming, secure cloud storage, and video alerts.