Analysts Set Alarm.com Holdings, Inc. (NASDAQ:ALRM) Price Target at $53.33

Shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) have earned a consensus recommendation of “Hold” from the five research firms that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $55.00.

A number of brokerages have commented on ALRM. Barclays lifted their price objective on shares of Alarm.com from $55.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Monday. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $65.00 price target on shares of Alarm.com in a report on Friday, August 7th. Weiss Ratings upgraded Alarm.com from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 29th. Finally, Wall Street Zen cut Alarm.com from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th.

Alarm.com Stock Up 0.6%

Shares of ALRM opened at $55.79 on Friday. The stock has a market capitalization of $2.76 billion, a price-to-earnings ratio of 24.69, a price-to-earnings-growth ratio of 1.86 and a beta of 0.76. Alarm.com has a 1 year low of $41.49 and a 1 year high of $59.53. The business’s 50 day simple moving average is $50.37 and its 200-day simple moving average is $47.29. 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) last posted its earnings results on Thursday, August 6th. The software maker reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.12. The firm had revenue of $277.73 million during the quarter, compared to analyst estimates of $264.96 million. Alarm.com had a net margin of 11.11% and a return on equity of 15.65%. Alarm.com’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same period last year, the firm posted $0.60 earnings per share. Alarm.com has set its FY 2026 guidance at 2.920-2.940 EPS. As a group, equities analysts expect that Alarm.com will post 2.34 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CFO Kevin Christopher Bradley sold 724 shares of the stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $48.46, for a total value of $35,085.04. Following the sale, the chief financial officer owned 83,622 shares of the company’s stock, valued at approximately $4,052,322.12. This represents a 0.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Daniel Kerzner sold 3,944 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $43.78, for a total transaction of $172,668.32. Following the completion of the sale, the insider owned 101,141 shares of the company’s stock, valued at $4,427,952.98. This trade represents a 3.75% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 31,893 shares of company stock valued at $1,428,505 in the last three months. Corporate insiders own 4.80% of the company’s stock.

Institutional Trading of Alarm.com

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ALRM. Covestor Ltd boosted its position in shares of Alarm.com by 67.3% during the fourth quarter. Covestor Ltd now owns 691 shares of the software maker’s stock valued at $35,000 after buying an additional 278 shares during the period. Financial Management Professionals Inc. purchased a new stake in shares of Alarm.com in the fourth quarter worth approximately $47,000. Strs Ohio purchased a new stake in shares of Alarm.com in the first quarter worth approximately $56,000. Kemnay Advisory Services Inc. bought a new stake in shares of Alarm.com during the 4th quarter worth approximately $59,000. Finally, Danske Bank A S purchased a new position in Alarm.com during the 4th quarter valued at $92,000. 91.74% of the stock is owned by hedge funds and other institutional investors.

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.