12,629 Shares in Alarm.com Holdings, Inc. (NASDAQ:ALRM) Bought by Fox Run Management L.L.C.

Fox Run Management L.L.C. purchased a new stake in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) during the fourth quarter, Holdings Channel reports. The firm purchased 12,629 shares of the software maker’s stock, valued at approximately $768,000.

A number of other large investors have also added to or reduced their stakes in ALRM. KLP Kapitalforvaltning AS bought a new position in shares of Alarm.com during the 4th quarter valued at about $827,000. Sei Investments Co. boosted its stake in Alarm.com by 7.8% in the fourth quarter. Sei Investments Co. now owns 205,440 shares of the software maker’s stock worth $12,491,000 after buying an additional 14,811 shares in the last quarter. Magnetar Financial LLC bought a new position in Alarm.com during the fourth quarter valued at approximately $318,000. Teacher Retirement System of Texas raised its stake in shares of Alarm.com by 248.0% during the fourth quarter. Teacher Retirement System of Texas now owns 60,631 shares of the software maker’s stock worth $3,686,000 after acquiring an additional 43,210 shares in the last quarter. Finally, Xponance Inc. purchased a new position in shares of Alarm.com during the fourth quarter worth approximately $207,000. Hedge funds and other institutional investors own 91.74% of the company’s stock.

Alarm.com Stock Performance

Shares of ALRM stock opened at $56.54 on Monday. The company has a debt-to-equity ratio of 1.35, a quick ratio of 7.38 and a current ratio of 7.85. Alarm.com Holdings, Inc. has a fifty-two week low of $51.87 and a fifty-two week high of $74.25. The company has a market capitalization of $2.81 billion, a P/E ratio of 24.69, a PEG ratio of 3.59 and a beta of 1.10. The stock has a 50 day moving average price of $60.45 and a two-hundred day moving average price of $59.38.

Alarm.com (NASDAQ:ALRM) last announced its quarterly earnings results on Thursday, February 20th. The software maker reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.06). Alarm.com had a net margin of 13.21% and a return on equity of 13.55%. The firm had revenue of $242.24 million for the quarter, compared to analysts’ expectations of $237.44 million. Analysts expect that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current year.

Insider Activity at Alarm.com

In related news, CFO Steve Valenzuela sold 3,436 shares of the firm’s stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $58.45, for a total value of $200,834.20. Following the completion of the sale, the chief financial officer now owns 37,500 shares of the company’s stock, valued at $2,191,875. This trade represents a 8.39 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 5.60% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Alarm.com from a “hold” rating to a “buy” rating in a report on Wednesday, December 18th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $64.40.

Alarm.com Profile

Alarm.com Holdings, Inc provides various Internet of Things (IoT) and solutions for residential, multi-family, small business, and enterprise commercial markets in North America and internationally. The company operates through two segments, Alarm.com and Other. It offers solutions to control and monitor security systems, as well as to IoT devices, including door locks, garage doors, thermostats, and video cameras; and video monitoring and analytics solutions, such as video analytics, escalated events, video doorbells, intelligent integration, live streaming, secure cloud storage, and video alerts.