Alarm.com (NASDAQ:ALRM) CEO Buys $171,500.67 in Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM - Get Free Report) CEO Stephen Trundle purchased 3,531 shares of the firm's stock in a transaction on Tuesday, November 18th. The shares were acquired at an average price of $48.57 per share, for a total transaction of $171,500.67. Following the purchase, the chief executive officer directly owned 1,292,874 shares of the company's stock, valued at approximately $62,794,890.18. This represents a 0.27% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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Stephen Trundle also recently made the following trade(s):

• On Thursday, November 20th, Stephen Trundle purchased 10,000 shares of Alarm.com stock. The stock was acquired at an average cost of $48.07 per share, with a total value of $480,700.00.
• On Wednesday, November 19th, Stephen Trundle purchased 12,469 shares of Alarm.com stock. The stock was bought at an average cost of $48.53 per share, for a total transaction of $605,120.57.

Alarm.com Price Performance

Shares of ALRM traded up $1.57 during trading hours on Friday, hitting $49.21. The stock had a trading volume of 131,851 shares, compared to its average volume of 359,072. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.06 and a quick ratio of 1.92. The stock has a market capitalization of $2.45 billion, a price-to-earnings ratio of 20.85, a P/E/G ratio of 1.83 and a beta of 1.06. Alarm.com Holdings, Inc. has a 52 week low of $46.65 and a 52 week high of $70.06. The company's fifty day moving average is $51.25 and its two-hundred day moving average is $54.84.

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Alarm.com (NASDAQ:ALRM - Get Free Report) last posted its earnings results on Thursday, November 6th. The software maker reported $0.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.62 by $0.14. The company had revenue of $256.40 million during the quarter, compared to analysts' expectations of $251.14 million. Alarm.com had a net margin of 12.92% and a return on equity of 14.26%. Alarm.com's quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.62 earnings per share. Alarm.com has set its FY 2025 guidance at 2.530-2.530 EPS. On average, analysts anticipate that Alarm.com Holdings, Inc. will post 1.64 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Zacks Research upgraded Alarm.com from a "hold" rating to a "strong-buy" rating in a research report on Friday, November 14th. Barclays cut their target price on Alarm.com from $60.00 to $56.00 and set an "equal weight" rating on the stock in a research note on Friday, November 7th. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of Alarm.com in a report on Thursday, October 30th. Two analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, Alarm.com has an average rating of "Moderate Buy" and a consensus price target of $64.67.

Read Our Latest Analysis on ALRM

Hedge Funds Weigh In On Alarm.com

Several hedge funds and other institutional investors have recently modified their holdings of ALRM. Disciplined Growth Investors Inc. MN lifted its stake in Alarm.com by 3.0% in the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 3,491,824 shares of the software maker's stock valued at $197,532,000 after purchasing an additional 102,481 shares during the last quarter. Geneva Capital Management LLC lifted its stake in shares of Alarm.com by 0.9% in the first quarter. Geneva Capital Management LLC now owns 1,310,216 shares of the software maker's stock worth $72,913,000 after acquiring an additional 12,198 shares during the period. Geode Capital Management LLC raised its stake in Alarm.com by 1.3% during the second quarter. Geode Capital Management LLC now owns 1,202,312 shares of the software maker's stock worth $68,024,000 after buying an additional 15,821 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Alarm.com by 4.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,080,076 shares of the software maker's stock worth $57,328,000 after acquiring an additional 43,683 shares during the period. Finally, Burgundy Asset Management Ltd. boosted its holdings in shares of Alarm.com by 1.4% during the 3rd quarter. Burgundy Asset Management Ltd. now owns 999,208 shares of the software maker's stock worth $58,584,000 after buying an additional 13,326 shares in 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 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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