Daniel Ramos Sells 2,532 Shares of Alarm.com (NASDAQ:ALRM) Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider Daniel Ramos sold 2,532 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $43.78, for a total transaction of $110,850.96. Following the transaction, the insider directly owned 63,099 shares of the company’s stock, valued at $2,762,474.22. This represents a 3.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available 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 transaction of $67,997.16.

Alarm.com Stock Performance

Shares of NASDAQ:ALRM traded up $0.20 during trading on Thursday, hitting $44.10. 395,163 shares of the stock traded hands, compared to its average volume of 455,728. 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 market cap of $2.18 billion, a price-to-earnings ratio of 18.30, a P/E/G ratio of 1.54 and a beta of 0.79. The company has a fifty day moving average price of $44.33 and a two-hundred day moving average price of $47.84. Alarm.com Holdings, Inc. has a 52-week low of $41.49 and a 52-week high of $59.98.

Alarm.com (NASDAQ:ALRM) last posted 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 firm had revenue of $265.19 million during the quarter, compared to analyst estimates of $250.94 million. Alarm.com had a net margin of 12.36% and a return on equity of 14.99%. The business’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.54 EPS. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. As a group, equities analysts predict that Alarm.com Holdings, Inc. will post 2.24 EPS for the current year.

Institutional Trading of Alarm.com

Several hedge funds have recently made changes to their positions in ALRM. AlphaQuest LLC purchased a new stake in shares of Alarm.com during the third quarter worth approximately $2,313,000. Hussman Strategic Advisors Inc. purchased a new stake in shares of Alarm.com during the third quarter worth approximately $2,229,000. Swedbank AB increased its stake in shares of Alarm.com by 713.1% during the fourth quarter. Swedbank AB now owns 45,316 shares of the software maker’s stock worth $2,312,000 after buying an additional 39,743 shares during the period. Vanguard Group Inc. increased its stake in shares of Alarm.com by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 6,286,541 shares of the software maker’s stock worth $320,739,000 after buying an additional 53,664 shares during the period. Finally, Public Sector Pension Investment Board increased its stake in shares of Alarm.com by 7.3% during the third quarter. Public Sector Pension Investment Board now owns 348,186 shares of the software maker’s stock worth $18,482,000 after buying an additional 23,675 shares during the period. Institutional investors and hedge funds own 91.74% of the company’s stock.

Analysts Set New Price Targets

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

Alarm.com Company Profile

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.