Key Points
- CEO Stephen Trundle sold 50,000 Alarm.com shares at an average price of $57.67, generating approximately $2.88 million. His remaining stake fell 13.34% to 324,842 shares.
- Alarm.com reported stronger-than-expected quarterly results, with EPS of $0.77 versus the $0.65 consensus estimate and revenue of $277.73 million, up 9.2% year over year.
- Analyst sentiment is generally positive, with a consensus “Moderate Buy” rating and an average price target of $55; institutional investors own 91.74% of the company.
Alarm.com Holdings, Inc. (NASDAQ:ALRM - Get Free Report) 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 sale, the chief executive officer owned 324,842 shares in the company, valued at approximately $18,733,638.14. This trade represents a 13.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Alarm.com Stock Performance
Alarm.com stock opened at $56.76 on Wednesday. The business has a 50 day moving average of $52.09 and a 200-day moving average of $47.76. The company has a market capitalization of $2.81 billion, a P/E ratio of 25.12, a P/E/G ratio of 1.83 and a beta of 0.76. Alarm.com Holdings, Inc. has a 1 year low of $41.49 and a 1 year high of $59.38. The company has a debt-to-equity ratio of 0.57, a current ratio of 4.96 and a quick ratio of 4.38.
Alarm.com (NASDAQ:ALRM - Get Free Report) last posted its 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. Alarm.com had a net margin of 11.11% and a return on equity of 15.65%. The business had revenue of $277.73 million for the quarter, compared to the consensus estimate of $264.96 million. During the same period last year, the company earned $0.60 EPS. The firm's revenue was up 9.2% compared to the same quarter last year. Alarm.com has set its FY 2026 guidance at 2.920-2.940 EPS. On average, equities research analysts predict that Alarm.com Holdings, Inc. will post 2.47 earnings per share for the current year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the company. California State Teachers Retirement System increased its position in Alarm.com by 0.5% during 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. Stifel Financial Corp boosted its stake in shares of Alarm.com by 1.8% during the 4th quarter. Stifel Financial Corp now owns 14,176 shares of the software maker's stock valued at $723,000 after purchasing an additional 254 shares in the last quarter. ProShare Advisors LLC increased its position in shares of Alarm.com by 3.0% during the fourth quarter. ProShare Advisors LLC now owns 9,284 shares of the software maker's stock valued at $474,000 after buying an additional 269 shares during the period. Covestor Ltd raised its stake in Alarm.com by 67.3% in the fourth quarter. Covestor Ltd now owns 691 shares of the software maker's stock worth $35,000 after buying an additional 278 shares in the last quarter. Finally, Pacer Advisors Inc. lifted its holdings in Alarm.com by 21.2% in the first quarter. Pacer Advisors Inc. now owns 2,312 shares of the software maker's stock worth $100,000 after buying an additional 404 shares during the period. Institutional investors and hedge funds own 91.74% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on the stock. Weiss Ratings upgraded shares of Alarm.com from a "hold (c-)" rating to a "hold (c)" rating in a report on Wednesday, July 29th. Wall Street Zen upgraded Alarm.com from a "hold" rating to a "buy" rating in a report on Sunday, August 16th. Raymond James Financial reaffirmed a "strong-buy" rating and set a $65.00 target price on shares of Alarm.com in a research report on Friday, August 7th. Zacks Research raised Alarm.com from a "hold" rating to a "strong-buy" rating in a report on Wednesday, August 19th. Finally, Barclays upped their price target on Alarm.com from $55.00 to $60.00 and gave the company an "equal weight" rating in a research report on Monday, August 10th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $55.00.
Get Our Latest Stock Analysis on Alarm.com
Alarm.com Company Profile
(
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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