Insider Selling: Alarm.com (NASDAQ:ALRM) CEO Sells $2,883,500.00 in Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRMGet Free Report) CEO Stephen Trundle sold 50,000 shares of the firm’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $57.67, for a total transaction of $2,883,500.00. Following the transaction, the chief executive officer owned 324,842 shares of the company’s stock, valued at approximately $18,733,638.14. This represents a 13.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Alarm.com Price Performance

Shares of ALRM stock traded down $0.82 during trading hours on Tuesday, hitting $56.76. The company had a trading volume of 230,721 shares, compared to its average volume of 471,916. Alarm.com Holdings, Inc. has a 12 month low of $41.49 and a 12 month high of $59.38. The company has a debt-to-equity ratio of 0.57, a quick ratio of 4.38 and a current ratio of 4.96. The firm’s fifty day moving average is $51.88 and its 200 day moving average is $47.68. The firm has a market capitalization of $2.81 billion, a price-to-earnings ratio of 25.12, a PEG ratio of 1.83 and a beta of 0.76.

Alarm.com (NASDAQ:ALRMGet Free Report) last announced its quarterly earnings results on Thursday, August 6th. The software maker reported $0.77 EPS for the quarter, beating the consensus estimate of $0.65 by $0.12. Alarm.com had a return on equity of 15.65% and a net margin of 11.11%.The business had revenue of $277.73 million for the quarter, compared to analyst estimates of $264.96 million. During the same quarter in the previous year, the firm earned $0.60 EPS. Alarm.com’s quarterly revenue was up 9.2% on a year-over-year basis. Alarm.com has set its FY 2026 guidance at 2.920-2.940 EPS. On average, sell-side analysts predict that Alarm.com Holdings, Inc. will post 2.47 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

ALRM has been the subject of several analyst reports. Weiss Ratings raised shares of Alarm.com from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 29th. Wall Street Zen raised shares of Alarm.com from a “hold” rating to a “buy” rating in a report on Sunday, August 16th. Zacks Research upgraded shares of Alarm.com from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 19th. Barclays increased their price target on Alarm.com from $55.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Monday, August 10th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating and set a $65.00 price target on shares of Alarm.com in a report on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $55.00.

Read Our Latest Research Report on ALRM

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of ALRM. Swedbank AB grew its holdings in Alarm.com by 713.1% during the 4th quarter. Swedbank AB now owns 45,316 shares of the software maker’s stock worth $2,312,000 after acquiring an additional 39,743 shares during the period. Vanguard Group Inc. grew its stake in shares of Alarm.com by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 6,286,541 shares of the software maker’s stock worth $320,739,000 after purchasing an additional 53,664 shares during the period. LSV Asset Management increased its holdings in Alarm.com by 95.4% in the fourth quarter. LSV Asset Management now owns 119,400 shares of the software maker’s stock valued at $6,092,000 after purchasing an additional 58,300 shares during the last quarter. Louisiana State Employees Retirement System bought a new stake in Alarm.com in the first quarter valued at about $954,000. Finally, Jackson Creek Investment Advisors LLC boosted its holdings in Alarm.com by 356.4% during the fourth quarter. Jackson Creek Investment Advisors LLC now owns 33,648 shares of the software maker’s stock worth $1,717,000 after buying an additional 26,276 shares during the last quarter. Institutional investors own 91.74% of the company’s stock.

Alarm.com Company Profile

(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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