3,648 Shares in Alarm.com Holdings, Inc. $ALRM Bought by Versor Investments LP

Versor Investments LP acquired a new stake in Alarm.com Holdings, Inc. (NASDAQ:ALRM) during the second quarter, HoldingsChannel reports. The fund acquired 3,648 shares of the software maker’s stock, valued at approximately $206,000.

A number of other large investors also recently bought and sold shares of ALRM. Yousif Capital Management LLC lifted its stake in shares of Alarm.com by 1.1% in the 2nd quarter. Yousif Capital Management LLC now owns 18,455 shares of the software maker’s stock worth $1,044,000 after acquiring an additional 199 shares during the period. Avantax Advisory Services Inc. increased its stake in shares of Alarm.com by 1.7% during the first quarter. Avantax Advisory Services Inc. now owns 13,865 shares of the software maker’s stock worth $772,000 after acquiring an additional 232 shares during the period. Blair William & Co. IL raised its holdings in Alarm.com by 2.3% during the second quarter. Blair William & Co. IL now owns 12,762 shares of the software maker’s stock worth $722,000 after purchasing an additional 290 shares in the last quarter. Aviso Financial Inc. raised its holdings in Alarm.com by 2.3% during the first quarter. Aviso Financial Inc. now owns 13,550 shares of the software maker’s stock worth $754,000 after purchasing an additional 300 shares in the last quarter. Finally, KLP Kapitalforvaltning AS lifted its position in Alarm.com by 2.2% in the second quarter. KLP Kapitalforvaltning AS now owns 13,900 shares of the software maker’s stock valued at $786,000 after purchasing an additional 300 shares during the period. Hedge funds and other institutional investors own 91.74% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on ALRM. Barclays dropped their target price on Alarm.com from $60.00 to $56.00 and set an “equal weight” rating on the stock in a research report on Friday. Zacks Research downgraded Alarm.com from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 13th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Alarm.com in a report on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Alarm.com currently has a consensus rating of “Hold” and an average price target of $61.00.

Alarm.com Stock Up 5.8%

ALRM opened at $49.86 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.82 and a current ratio of 1.95. The company has a market cap of $2.49 billion, a price-to-earnings ratio of 21.13, a PEG ratio of 2.35 and a beta of 1.06. Alarm.com Holdings, Inc. has a one year low of $46.65 and a one year high of $70.06. The business’s fifty day moving average is $52.60 and its two-hundred day moving average is $55.07.

Alarm.com (NASDAQ:ALRM) last released 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. Alarm.com had a return on equity of 14.57% and a net margin of 12.92%.The business had revenue of $256.40 million during the quarter, compared to the consensus estimate of $251.14 million. During the same quarter in the previous year, the company posted $0.62 EPS. The business’s revenue was up 6.6% on a year-over-year basis. Alarm.com has set its FY 2025 guidance at 2.530-2.530 EPS. Analysts anticipate that Alarm.com Holdings, Inc. will post 1.64 EPS for the current fiscal year.

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.