Jackson Creek Investment Advisors LLC boosted its holdings in Alarm.com Holdings, Inc. (NASDAQ:ALRM – Free Report) by 356.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 33,648 shares of the software maker’s stock after acquiring an additional 26,276 shares during the period. Jackson Creek Investment Advisors LLC’s holdings in Alarm.com were worth $1,717,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently added to or reduced their stakes in the company. Optiver Holding B.V. acquired a new stake in Alarm.com in the 3rd quarter valued at about $25,000. Strengthening Families & Communities LLC acquired a new stake in Alarm.com in the 3rd quarter valued at about $27,000. Covestor Ltd grew its stake in Alarm.com by 67.3% in the 4th quarter. Covestor Ltd now owns 691 shares of the software maker’s stock valued at $35,000 after acquiring an additional 278 shares during the last quarter. Hantz Financial Services Inc. grew its stake in Alarm.com by 2,637.9% in the 3rd quarter. Hantz Financial Services Inc. now owns 794 shares of the software maker’s stock valued at $42,000 after acquiring an additional 765 shares during the last quarter. Finally, Pilgrim Partners Asia Pte Ltd acquired a new stake in Alarm.com in the 3rd quarter valued at about $46,000. 91.74% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In other Alarm.com news, CEO Stephen Trundle sold 2,944 shares of the firm’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $43.56, for a total transaction of $128,240.64. Following the sale, the chief executive officer directly owned 330,915 shares of the company’s stock, valued at $14,414,657.40. This trade represents a 0.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Daniel Kerzner sold 1,915 shares of the firm’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $43.56, for a total transaction of $83,417.40. Following the sale, the insider directly owned 105,085 shares in the company, valued at $4,577,502.60. This represents a 1.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 7,930 shares of company stock valued at $349,070 over the last quarter. 5.60% of the stock is currently owned by company insiders.
Alarm.com Price Performance
Alarm.com (NASDAQ:ALRM – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The software maker reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.05. Alarm.com had a net margin of 12.36% and a return on equity of 14.99%. The company had revenue of $265.19 million for the quarter, compared to analysts’ expectations of $250.94 million. During the same period last year, the company earned $0.54 EPS. The firm’s revenue for the quarter 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. Equities analysts predict that Alarm.com Holdings, Inc. will post 2.24 earnings per share for the current year.
Analysts Set New Price Targets
A number of brokerages recently commented on ALRM. Barclays increased their price objective 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. lowered their price objective on shares of Alarm.com from $55.00 to $40.00 and set an “underweight” rating on the stock in a research note on Wednesday, February 18th. Weiss Ratings reissued a “hold (c-)” rating on shares of Alarm.com in a research note on Friday, April 24th. Finally, Zacks Research cut shares of 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 given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $47.50.
View Our Latest Stock Analysis on ALRM
Alarm.com Company Profile
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.
Featured Articles
- Five stocks we like better than Alarm.com
- Banks Are Buying Back Stock Hand Over Fist, Including These 3 Names
- 2 Aluminum Stocks Poised for Big Tariff-Related Gains
- AutoZone’s Pullback Sets Up a Long-Term Buying Opportunity
- AST SpaceMobile’s June Launch Plan Puts Its 2026 Satellite Goal Back in Focus
Want to see what other hedge funds are holding ALRM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alarm.com Holdings, Inc. (NASDAQ:ALRM – Free Report).
Receive News & Ratings for Alarm.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alarm.com and related companies with MarketBeat.com's FREE daily email newsletter.
