Alarm.com Holdings, Inc. (NASDAQ:ALRM – Get Free Report) has been given a consensus rating of “Hold” by the five analysts that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $53.3333.
ALRM has been the topic of several research analyst reports. Barclays lifted their price target on Alarm.com from $50.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Friday, May 8th. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $65.00 price objective on shares of Alarm.com in a research note on Friday. Weiss Ratings raised Alarm.com from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 29th. Finally, Wall Street Zen raised Alarm.com from a “hold” rating to a “buy” rating in a research note on Sunday, July 12th.
Read Our Latest Report on ALRM
Alarm.com Stock Performance
Alarm.com (NASDAQ:ALRM – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The software maker reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.12. The firm had revenue of $277.73 million for the quarter, compared to analysts’ expectations of $264.96 million. Alarm.com had a net margin of 12.36% and a return on equity of 14.99%. The company’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.60 earnings per share. Alarm.com has set its FY 2026 guidance at 2.920-2.940 EPS. As a group, sell-side analysts predict that Alarm.com will post 2.34 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, insider Daniel Ramos sold 2,000 shares of Alarm.com stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $46.50, for a total value of $93,000.00. Following the completion of the transaction, the insider directly owned 53,099 shares in the company, valued at approximately $2,469,103.50. This trade represents a 3.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Kevin Christopher Bradley sold 724 shares of the company’s stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $48.46, for a total transaction of $35,085.04. Following the transaction, the chief financial officer owned 83,622 shares of the company’s stock, valued at $4,052,322.12. This represents a 0.86% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 31,893 shares of company stock valued at $1,428,505 over the last 90 days. 4.80% of the stock is owned by company insiders.
Institutional Investors Weigh In On Alarm.com
Hedge funds have recently modified their holdings of the business. Covestor Ltd lifted its position in shares of Alarm.com by 67.3% during the 4th quarter. Covestor Ltd now owns 691 shares of the software maker’s stock worth $35,000 after buying an additional 278 shares during the last quarter. Financial Management Professionals Inc. bought a new position in Alarm.com in the 4th quarter worth approximately $47,000. Strs Ohio purchased a new position in Alarm.com in the 1st quarter valued at approximately $56,000. Kemnay Advisory Services Inc. bought a new stake in Alarm.com during the 4th quarter valued at $59,000. Finally, Danske Bank A S bought a new stake in Alarm.com during the 4th quarter valued at $92,000. Institutional investors and hedge funds own 91.74% of the company’s stock.
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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