Key Points
- Director Stephen Evans sold 1,154 shares on Dec. 12 at an average price of $52.27 for $60,319.58, reducing his holding by 15.86% to 6,123 shares (about $320,049).
- Alarm.com beat quarterly estimates, reporting $0.76 EPS vs. $0.62 expected and $256.4M revenue, set FY2025 guidance of $2.53 EPS, and carries a consensus "Moderate Buy" target price of $64.67.
- The stock trades near $51.85 with a market cap of about $2.59B and a P/E of ~21.97, and institutional investors own roughly 91.74% of the shares.
Alarm.com Holdings, Inc. (NASDAQ:ALRM - Get Free Report) Director Stephen Evans sold 1,154 shares of the company's stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $52.27, for a total transaction of $60,319.58. Following the sale, the director owned 6,123 shares of the company's stock, valued at approximately $320,049.21. The trade was a 15.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Alarm.com Trading Up 0.7%
Shares of ALRM stock opened at $51.85 on Wednesday. The business has a 50-day moving average of $50.69 and a 200 day moving average of $54.15. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.06 and a quick ratio of 1.92. Alarm.com Holdings, Inc. has a 1-year low of $46.65 and a 1-year high of $68.54. The stock has a market capitalization of $2.59 billion, a PE ratio of 21.97, a P/E/G ratio of 1.96 and a beta of 0.89.
Alarm.com (NASDAQ:ALRM - Get Free Report) last announced its quarterly earnings results on Thursday, November 6th. The software maker reported $0.76 EPS for the quarter, topping analysts' consensus estimates of $0.62 by $0.14. The business had revenue of $256.40 million for the quarter, compared to analysts' expectations of $251.14 million. Alarm.com had a return on equity of 14.26% and a net margin of 12.92%.The business's quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.62 EPS. Alarm.com has set its FY 2025 guidance at 2.530-2.530 EPS. As a group, sell-side analysts anticipate that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on the stock. Barclays decreased their price objective on shares of Alarm.com from $60.00 to $56.00 and set an "equal weight" rating on the stock in a research report on Friday, November 7th. Zacks Research raised Alarm.com from a "hold" rating to a "strong-buy" rating in a research note on Friday, November 14th. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Alarm.com in a research report on Thursday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $64.67.
View Our Latest Report on ALRM
Institutional Investors Weigh In On Alarm.com
Large investors have recently modified their holdings of the stock. Yousif Capital Management LLC boosted its position in Alarm.com by 1.1% during the 2nd quarter. Yousif Capital Management LLC now owns 18,455 shares of the software maker's stock valued at $1,044,000 after acquiring an additional 199 shares in the last quarter. Arizona State Retirement System raised its position in shares of Alarm.com by 1.5% in the 3rd quarter. Arizona State Retirement System now owns 13,975 shares of the software maker's stock worth $742,000 after acquiring an additional 210 shares in the last quarter. California State Teachers Retirement System lifted its stake in shares of Alarm.com by 0.5% in the 2nd quarter. California State Teachers Retirement System now owns 43,287 shares of the software maker's stock valued at $2,449,000 after purchasing an additional 226 shares during the period. Cresset Asset Management LLC boosted its position in shares of Alarm.com by 0.6% during the third quarter. Cresset Asset Management LLC now owns 40,234 shares of the software maker's stock valued at $2,136,000 after purchasing an additional 228 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. grew its stake in Alarm.com by 0.7% in the third quarter. Oppenheimer Asset Management Inc. now owns 37,063 shares of the software maker's stock worth $1,967,000 after purchasing an additional 246 shares during the period. 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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