Insider Selling: Alarm.com (NASDAQ:ALRM) Insider Sells $83,417.40 in Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider Daniel Kerzner sold 1,915 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $43.56, for a total transaction of $83,417.40. Following the completion of the sale, the insider owned 105,085 shares of the company’s stock, valued at approximately $4,577,502.60. This trade represents a 1.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Alarm.com Price Performance

Shares of ALRM opened at $43.80 on Friday. The company has a market cap of $2.17 billion, a price-to-earnings ratio of 18.17, a price-to-earnings-growth ratio of 1.53 and a beta of 0.79. Alarm.com Holdings, Inc. has a twelve month low of $41.49 and a twelve month high of $59.98. The company has a quick ratio of 4.55, a current ratio of 5.16 and a debt-to-equity ratio of 0.57. The company has a 50 day moving average of $44.49 and a two-hundred day moving average of $47.94.

Alarm.com (NASDAQ:ALRM) last announced its earnings results on Thursday, May 7th. The software maker reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.05. The company had revenue of $265.19 million during the quarter, compared to the consensus estimate of $250.94 million. Alarm.com had a net margin of 12.36% and a return on equity of 14.99%. Alarm.com’s revenue was up 11.1% compared to the same quarter last year. During the same period last year, the firm earned $0.54 earnings per share. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. As a group, analysts predict that Alarm.com Holdings, Inc. will post 2.24 earnings per share for the current fiscal year.

Institutional Trading of Alarm.com

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of Alarm.com by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 6,286,541 shares of the software maker’s stock valued at $320,739,000 after purchasing an additional 53,664 shares during the period. Disciplined Growth Investors Inc. MN grew its position in shares of Alarm.com by 3.0% in the second 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 period. Bank of Montreal Can grew its position in shares of Alarm.com by 625.1% in the fourth quarter. Bank of Montreal Can now owns 2,231,227 shares of the software maker’s stock valued at $113,837,000 after purchasing an additional 1,923,525 shares during the period. Geode Capital Management LLC grew its position in shares of Alarm.com by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 1,219,732 shares of the software maker’s stock valued at $62,239,000 after purchasing an additional 7,454 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of Alarm.com by 1.1% in the first quarter. Dimensional Fund Advisors LP now owns 1,117,359 shares of the software maker’s stock valued at $48,257,000 after purchasing an additional 11,624 shares during the period. Institutional investors and hedge funds own 91.74% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Alarm.com in a research note on Friday, April 24th. JPMorgan Chase & Co. decreased their price target on shares of Alarm.com from $55.00 to $40.00 and set an “underweight” rating for the company in a report on Wednesday, February 18th. Barclays raised their price target on shares of Alarm.com from $50.00 to $55.00 and gave the stock an “equal weight” rating in a report on Friday, May 8th. Finally, Zacks Research cut shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $47.50.

About Alarm.com

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.