Northwestern Mutual Wealth Management Co. Increases Holdings in Alarm.com Holdings, Inc. $ALRM

Northwestern Mutual Wealth Management Co. raised its stake in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRMFree Report) by 101,569.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 947,556 shares of the software maker’s stock after buying an additional 946,624 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Alarm.com were worth $48,344,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Optiver Holding B.V. purchased a new stake in Alarm.com during the 3rd quarter valued at $25,000. Strengthening Families & Communities LLC purchased a new stake in Alarm.com during the 3rd quarter valued at $27,000. Hantz Financial Services Inc. raised its stake in Alarm.com by 2,637.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 794 shares of the software maker’s stock valued at $42,000 after buying an additional 765 shares during the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new stake in Alarm.com during the 3rd quarter valued at $46,000. Finally, Financial Management Professionals Inc. purchased a new stake in Alarm.com during the 4th quarter valued at $47,000. 91.74% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on ALRM shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Alarm.com in a research note on Friday, April 24th. Barclays boosted their target price on shares of Alarm.com from $50.00 to $55.00 and gave the company an “equal weight” rating in a research note on Friday, May 8th. JPMorgan Chase & Co. decreased their target price on shares of Alarm.com from $55.00 to $40.00 and set an “underweight” rating for the company in a research note on Wednesday, February 18th. Finally, Zacks Research lowered Alarm.com from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 25th. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Alarm.com presently has an average rating of “Reduce” and a consensus price target of $47.50.

View Our Latest Research Report on ALRM

Alarm.com Trading Up 3.1%

NASDAQ:ALRM opened at $43.83 on Tuesday. The company has a debt-to-equity ratio of 0.57, a current ratio of 5.16 and a quick ratio of 4.55. The firm has a market capitalization of $2.17 billion, a price-to-earnings ratio of 18.19, a price-to-earnings-growth ratio of 1.49 and a beta of 0.79. Alarm.com Holdings, Inc. has a one year low of $41.49 and a one year high of $59.98. The business has a fifty day moving average price of $44.94 and a 200-day moving average price of $48.08.

Alarm.com (NASDAQ:ALRMGet Free Report) last posted its quarterly earnings data on Thursday, May 7th. The software maker reported $0.65 EPS for the quarter, topping 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%.Alarm.com’s revenue was up 11.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.54 EPS. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. Sell-side analysts forecast that Alarm.com Holdings, Inc. will post 2.24 EPS for the current year.

Insider Activity at Alarm.com

In other news, CFO Kevin Christopher Bradley sold 1,510 shares of the company’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $45.97, for a total value of $69,414.70. Following the completion of the sale, the chief financial officer directly owned 51,546 shares in the company, valued at $2,369,569.62. This represents a 2.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 5.60% of the stock is owned by company insiders.

Alarm.com Profile

(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.

Further Reading

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Institutional Ownership by Quarter for Alarm.com (NASDAQ:ALRM)

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