Alarm.com (NASDAQ:ALRM) CEO Stephen Trundle Sells 6,073 Shares

Alarm.com Holdings, Inc. (NASDAQ:ALRMGet Free Report) CEO Stephen Trundle sold 6,073 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $43.78, for a total value of $265,875.94. Following the sale, the chief executive officer owned 324,842 shares in the company, valued at $14,221,582.76. The trade was a 1.84% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 stock was sold at an average price of $43.56, for a total value of $128,240.64.

Alarm.com Stock Performance

Shares of Alarm.com stock traded up $0.20 on Thursday, reaching $44.10. 395,163 shares of the company were exchanged, compared to its average volume of 455,728. The company has a debt-to-equity ratio of 0.57, a quick ratio of 4.55 and a current ratio of 5.16. The company’s 50-day moving average is $44.33 and its two-hundred day moving average is $47.84. The firm has a market cap 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. Alarm.com Holdings, Inc. has a 1-year low of $41.49 and a 1-year high of $59.98.

Alarm.com (NASDAQ:ALRMGet Free Report) last posted 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. Alarm.com had a return on equity of 14.99% and a net margin of 12.36%.The firm had revenue of $265.19 million for the quarter, compared to analysts’ expectations of $250.94 million. During the same period last year, the firm earned $0.54 EPS. The firm’s revenue 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. As a group, research analysts expect that Alarm.com Holdings, Inc. will post 2.24 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently commented on ALRM. Barclays raised their target price on Alarm.com from $50.00 to $55.00 and gave the company an “equal weight” rating in a research report on Friday, May 8th. JPMorgan Chase & Co. lowered 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. Weiss Ratings restated a “hold (c-)” rating on shares of Alarm.com in a research report on Friday, April 24th. Finally, Zacks Research cut Alarm.com from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. Three research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Alarm.com presently has a consensus rating of “Reduce” and a consensus price target of $47.50.

Check Out Our Latest Report on Alarm.com

Hedge Funds Weigh In On Alarm.com

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Centaurus Financial Inc. boosted its stake in Alarm.com by 1.0% during the 1st quarter. Centaurus Financial Inc. now owns 271,841 shares of the software maker’s stock valued at $11,741,000 after purchasing an additional 2,782 shares in the last quarter. California State Teachers Retirement System boosted its stake in Alarm.com by 30.5% during the 1st quarter. California State Teachers Retirement System now owns 58,939 shares of the software maker’s stock valued at $2,546,000 after purchasing an additional 13,761 shares in the last quarter. Quantinno Capital Management LP boosted its stake in shares of Alarm.com by 111.1% during the 1st quarter. Quantinno Capital Management LP now owns 19,705 shares of the software maker’s stock worth $851,000 after acquiring an additional 10,370 shares in the last quarter. Public Employees Retirement System of Ohio boosted its stake in shares of Alarm.com by 7.7% during the 1st quarter. Public Employees Retirement System of Ohio now owns 82,836 shares of the software maker’s stock worth $3,578,000 after acquiring an additional 5,929 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of Alarm.com by 43.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 779,200 shares of the software maker’s stock worth $33,654,000 after acquiring an additional 237,633 shares in the last quarter. 91.74% of the stock is owned by institutional investors.

About Alarm.com

(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.

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

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