Alarm.com Holdings, Inc. (NASDAQ:ALRM – Get Free Report) has received an average recommendation of “Hold” from the five brokerages that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a strong buy rating on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $55.00.
ALRM has been the topic of several recent research reports. Zacks Research lowered shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 6th. Wall Street Zen upgraded shares of Alarm.com from a “hold” rating to a “buy” rating in a research report on Sunday, August 16th. Barclays boosted their price target on shares of Alarm.com from $55.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Monday, August 10th. Weiss Ratings raised shares of Alarm.com from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 15th. Finally, Raymond James Financial restated a “strong-buy” rating and set a $65.00 price target on shares of Alarm.com in a research report on Friday, August 7th.
Insider Activity
In other news, CEO Stephen Trundle sold 50,000 shares of the business’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $57.67, for a total value of $2,883,500.00. Following the completion of the sale, the chief executive officer owned 324,842 shares of the company’s stock, valued at approximately $18,733,638.14. The trade was a 13.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Kevin Bradley sold 5,400 shares of the stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $55.07, for a total value of $297,378.00. Following the sale, the chief financial officer owned 78,222 shares of the company’s stock, valued at $4,307,685.54. This represents a 6.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 4.80% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Alarm.com
A number of large investors have recently bought and sold shares of the stock. Nisa Investment Advisors LLC lifted its position in Alarm.com by 61.8% in the third quarter. Nisa Investment Advisors LLC now owns 2,408 shares of the software maker’s stock valued at $131,000 after purchasing an additional 920 shares during the last quarter. Robeco Institutional Asset Management B.V. purchased a new stake in shares of Alarm.com during the third quarter valued at approximately $206,000. Abel Hall LLC boosted its stake in shares of Alarm.com by 6.3% during the third quarter. Abel Hall LLC now owns 4,725 shares of the software maker’s stock valued at $257,000 after purchasing an additional 281 shares during the period. Counterpoint Mutual Funds LLC purchased a new stake in shares of Alarm.com during the third quarter valued at approximately $706,000. Finally, GAMMA Investing LLC grew its holdings in shares of Alarm.com by 59.4% in the third quarter. GAMMA Investing LLC now owns 5,931 shares of the software maker’s stock worth $323,000 after purchasing an additional 2,210 shares during the last quarter. 91.74% of the stock is owned by hedge funds and other institutional investors.
Alarm.com Stock Up 2.1%
Shares of NASDAQ ALRM opened at $58.68 on Wednesday. Alarm.com has a one year low of $41.49 and a one year high of $58.86. The company has a debt-to-equity ratio of 0.57, a current ratio of 4.96 and a quick ratio of 4.38. The firm’s 50 day simple moving average is $55.74 and its two-hundred day simple moving average is $50.37. The stock has a market capitalization of $2.90 billion, a P/E ratio of 25.96, a PEG ratio of 1.82 and a beta of 0.76.
Alarm.com (NASDAQ:ALRM – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The software maker reported $0.77 EPS for the quarter, topping the consensus estimate of $0.65 by $0.12. The firm had revenue of $277.73 million for the quarter, compared to the consensus estimate of $264.96 million. Alarm.com had a net margin of 11.11% and a return on equity of 15.65%. The business’s revenue was up 9.2% compared to the same quarter last year. During the same period last year, the firm posted $0.60 earnings per share. Alarm.com has set its FY 2026 guidance at 2.920-2.940 EPS. As a group, analysts expect that Alarm.com will post 2.47 EPS for the current fiscal year.
About Alarm.com
Alarm.com Holdings, Inc develops cloud-based technology for connected security and smart automation. Its platform helps residential and commercial customers monitor and manage security systems, video cameras, access control, energy use, and other connected devices through mobile applications and web-based tools.
The company’s products and services are delivered primarily through a network of authorized service providers, including security dealers and integrators. Its offerings include intrusion detection, smart-home automation, video surveillance, commercial security and access management, energy management, and solutions designed for property managers and other business customers.
Founded in 2000 and headquartered in Vienna, Virginia, Alarm.com serves customers through service providers in the United States and international markets.
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