Key Points
- Insider selling: Alarm.com insider Daniel Kerzner sold 3,944 shares on May 26 at an average price of $43.78, worth about $172,668. The sale reduced his holdings by 3.75% and was reportedly made to cover tax withholding obligations tied to vested equity awards.
- Recent operating results: The company beat quarterly expectations on May 7, posting EPS of $0.65 versus $0.60 expected and revenue of $265.19 million versus $250.94 million estimated. Revenue rose 11.1% year over year.
- Wall Street outlook: Analysts currently have a cautious stance on Alarm.com, with a consensus rating of “Reduce” and an average price target of $47.50. Recent firms have mostly issued Hold or lower ratings, though Barclays raised its target to $55.00.
Alarm.com Holdings, Inc. (NASDAQ:ALRM - Get Free Report) insider Daniel Ramos sold 2,532 shares of the business's stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $43.78, for a total value of $110,850.96. Following the completion of the sale, the insider owned 63,099 shares of the company's stock, valued at approximately $2,762,474.22. This represents a 3.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Daniel Ramos also recently made the following trade(s):
- On Monday, May 18th, Daniel Ramos sold 1,561 shares of Alarm.com stock. The shares were sold at an average price of $43.56, for a total value of $67,997.16.
Alarm.com Price Performance
Shares of NASDAQ ALRM opened at $44.10 on Friday. The company has a current ratio of 5.16, a quick ratio of 4.55 and a debt-to-equity ratio of 0.57. Alarm.com Holdings, Inc. has a twelve month low of $41.49 and a twelve month high of $59.98. The stock has a 50 day moving average of $44.29 and a two-hundred day moving average of $47.80. The stock has a market cap of $2.18 billion, a P/E ratio of 18.30, a P/E/G ratio of 1.47 and a beta of 0.79.
Alarm.com (NASDAQ:ALRM - Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The software maker reported $0.65 earnings per share for the quarter, beating analysts' consensus estimates of $0.60 by $0.05. Alarm.com had a return on equity of 14.99% and a net margin of 12.36%.The company had revenue of $265.19 million during the quarter, compared to analysts' expectations of $250.94 million. During the same quarter in the previous year, the business earned $0.54 earnings per share. The firm's revenue for the quarter was up 11.1% on a year-over-year basis. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. On average, research analysts forecast that Alarm.com Holdings, Inc. will post 2.34 earnings per share for the current year.
Institutional Investors Weigh In On Alarm.com
Several large investors have recently modified their holdings of ALRM. Amundi raised its stake in shares of Alarm.com by 6.8% during the first quarter. Amundi now owns 17,532 shares of the software maker's stock worth $920,000 after purchasing an additional 1,113 shares during the last quarter. AQR Capital Management LLC grew its holdings in Alarm.com by 7.8% during the first quarter. AQR Capital Management LLC now owns 59,005 shares of the software maker's stock worth $3,284,000 after acquiring an additional 4,246 shares during the period. Woodline Partners LP acquired a new position in Alarm.com during the first quarter worth $514,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Alarm.com by 4.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 131,200 shares of the software maker's stock worth $7,301,000 after acquiring an additional 6,080 shares during the period. Finally, Jane Street Group LLC grew its holdings in Alarm.com by 610.0% during the first quarter. Jane Street Group LLC now owns 114,715 shares of the software maker's stock worth $6,384,000 after acquiring an additional 98,557 shares during the period. Hedge funds and other institutional investors own 91.74% of the company's stock.
Wall Street Analyst Weigh In
ALRM has been the subject of a number of research reports. Barclays boosted their price objective on Alarm.com from $50.00 to $55.00 and gave the company an "equal weight" rating in a research note on Friday, May 8th. Zacks Research cut Alarm.com from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 25th. JPMorgan Chase & Co. cut their price target on Alarm.com from $55.00 to $40.00 and set an "underweight" rating for the company in a research note on Wednesday, February 18th. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of Alarm.com in a research note on Friday, April 24th. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Reduce" and an average target price of $47.50.
View Our Latest Analysis on ALRM
About Alarm.com
(
Get Free Report)
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.
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