Alarm.com Holdings, Inc. (NASDAQ:ALRM - Get Free Report) insider Daniel Ramos sold 1,418 shares of the business's stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of $70.00, for a total transaction of $99,260.00. Following the completion of the transaction, the insider now directly owns 38,282 shares of the company's stock, valued at approximately $2,679,740. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Daniel Ramos also recently made the following trade(s):
- On Tuesday, February 27th, Daniel Ramos sold 8,250 shares of Alarm.com stock. The shares were sold at an average price of $74.44, for a total transaction of $614,130.00.
Alarm.com Trading Up 0.4 %
Alarm.com stock opened at $70.52 on Thursday. The firm has a 50-day moving average of $70.16 and a 200-day moving average of $62.70. Alarm.com Holdings, Inc. has a one year low of $44.92 and a one year high of $77.29. The company has a debt-to-equity ratio of 0.72, a current ratio of 5.46 and a quick ratio of 4.91. The company has a market cap of $3.52 billion, a price-to-earnings ratio of 46.09, a P/E/G ratio of 4.04 and a beta of 0.94.
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Alarm.com (NASDAQ:ALRM - Get Free Report) last issued its earnings results on Thursday, February 22nd. The software maker reported $0.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.48 by ($0.01). The firm had revenue of $226.20 million during the quarter, compared to the consensus estimate of $224.93 million. Alarm.com had a net margin of 9.19% and a return on equity of 11.61%. The firm's revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.33 earnings per share. On average, equities analysts expect that Alarm.com Holdings, Inc. will post 1.39 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Alarm.com
Institutional investors and hedge funds have recently modified their holdings of the company. Operose Advisors LLC bought a new position in Alarm.com in the 3rd quarter valued at about $26,000. Pinebridge Investments L.P. acquired a new position in shares of Alarm.com during the 2nd quarter worth approximately $28,000. Signaturefd LLC grew its position in shares of Alarm.com by 474.7% during the 3rd quarter. Signaturefd LLC now owns 500 shares of the software maker's stock worth $31,000 after purchasing an additional 413 shares in the last quarter. GAMMA Investing LLC acquired a new position in shares of Alarm.com during the 4th quarter worth approximately $31,000. Finally, Pacer Advisors Inc. acquired a new position in shares of Alarm.com during the 4th quarter worth approximately $39,000. 91.74% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several brokerages have recently issued reports on ALRM. Roth Mkm boosted their price target on shares of Alarm.com from $67.00 to $70.00 and gave the company a "buy" rating in a report on Wednesday, January 3rd. TheStreet raised shares of Alarm.com from a "c+" rating to a "b-" rating in a research note on Friday, February 23rd. JPMorgan Chase & Co. upped their target price on shares of Alarm.com from $62.00 to $70.00 and gave the stock a "neutral" rating in a research note on Friday, February 23rd. Barclays upped their target price on shares of Alarm.com from $66.00 to $78.00 and gave the stock an "equal weight" rating in a research note on Friday, February 23rd. Finally, StockNews.com raised shares of Alarm.com from a "buy" rating to a "strong-buy" rating in a research note on Friday, March 15th. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Alarm.com presently has an average rating of "Buy" and a consensus target price of $68.83.
Check Out Our Latest Analysis on ALRM
About Alarm.com
(
Get Free Report)
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.
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