Alarm.com (NASDAQ:ALRM) CEO Stephen Trundle Sells 6,073 Shares

Alarm.com Holdings, Inc. (NASDAQ:ALRM) CEO Stephen Trundle sold 6,073 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $43.78, for a total transaction of $265,875.94. Following the completion of the transaction, the chief executive officer owned 324,842 shares of the company’s stock, valued at $14,221,582.76. This represents a 1.84% decrease in their position. 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.

Stephen Trundle also recently made the following trade(s):

• On Monday, May 18th, Stephen Trundle sold 2,944 shares of Alarm.com stock. The shares were sold at an average price of $43.56, for a total transaction of $128,240.64.

Alarm.com Stock Performance

Shares of ALRM opened at $44.10 on Friday. The firm has a 50-day moving average price of $44.29 and a 200 day moving average price of $47.80. The firm has a market capitalization of $2.18 billion, a PE ratio of 18.30, a P/E/G ratio of 1.47 and a beta of 0.79. The company has a quick ratio of 4.55, a current ratio of 5.16 and a debt-to-equity ratio of 0.57. 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 announced its earnings results on Thursday, May 7th. The software maker reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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%. Alarm.com’s revenue was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.54 EPS. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. On average, sell-side analysts anticipate that Alarm.com Holdings, Inc. will post 2.34 earnings per share for the current fiscal year.

Institutional Trading of Alarm.com

A number of hedge funds have recently bought and sold shares of ALRM. Bank of Montreal Can lifted its stake in Alarm.com by 625.1% during 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 buying an additional 1,923,525 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Alarm.com by 101,569.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 947,556 shares of the software maker’s stock valued at $48,344,000 after buying an additional 946,624 shares in the last quarter. SG Americas Securities LLC lifted its stake in Alarm.com by 1,540.0% during the fourth quarter. SG Americas Securities LLC now owns 260,923 shares of the software maker’s stock valued at $13,312,000 after buying an additional 245,013 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Alarm.com by 43.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 779,200 shares of the software maker’s stock valued at $33,654,000 after buying an additional 237,633 shares in the last quarter. Finally, Nuveen LLC lifted its stake in Alarm.com by 197.3% during the fourth quarter. Nuveen LLC now owns 316,427 shares of the software maker’s stock valued at $16,144,000 after buying an additional 209,995 shares in the last quarter. 91.74% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on ALRM. Zacks Research lowered shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. Weiss Ratings restated a “hold (c-)” rating on shares of Alarm.com in a research report on Friday, April 24th. Barclays raised their price objective on shares of Alarm.com from $50.00 to $55.00 and gave the company an “equal weight” rating in a research report on Friday, May 8th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Alarm.com from $55.00 to $40.00 and set an “underweight” rating for the company in a research report on Wednesday, February 18th. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average 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.