Insider Selling: Alarm.com (NASDAQ:ALRM) Insider Sells $67,997.16 in Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRMGet Free Report) insider Daniel Ramos sold 1,561 shares of Alarm.com stock in a transaction on Monday, May 18th. The shares were sold at an average price of $43.56, for a total transaction of $67,997.16. Following the completion of the transaction, the insider owned 65,631 shares in the company, valued at approximately $2,858,886.36. This trade represents a 2.32% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Alarm.com Stock Up 0.2%

Shares of ALRM opened at $43.80 on Friday. The firm has a market cap of $2.17 billion, a PE ratio of 18.17, a price-to-earnings-growth ratio of 1.53 and a beta of 0.79. The company’s fifty day moving average is $44.49 and its two-hundred day moving average is $47.94. Alarm.com Holdings, Inc. has a fifty-two week low of $41.49 and a fifty-two week 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.

Alarm.com (NASDAQ:ALRMGet Free Report) last announced its quarterly earnings results on Thursday, May 7th. The software maker reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.05. The company had revenue of $265.19 million for 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 for the quarter was up 11.1% on a year-over-year basis. During the same quarter last year, the business earned $0.54 EPS. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. Analysts forecast that Alarm.com Holdings, Inc. will post 2.24 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on ALRM shares. JPMorgan Chase & Co. decreased their price target on shares of Alarm.com from $55.00 to $40.00 and set an “underweight” rating on the stock in a report on Wednesday, February 18th. Barclays lifted their price target on shares of Alarm.com from $50.00 to $55.00 and gave the company an “equal weight” rating in a report on Friday, May 8th. Zacks Research lowered shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Alarm.com in a report on Friday, April 24th. Three equities 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.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $47.50.

Check Out Our Latest Research Report on ALRM

Hedge Funds Weigh In On Alarm.com

Hedge funds and other institutional investors have recently made changes to their positions in the business. Optiver Holding B.V. acquired a new position in shares of Alarm.com during the 3rd quarter valued at $25,000. Strengthening Families & Communities LLC acquired a new position in shares of Alarm.com during the 3rd quarter valued at $27,000. Covestor Ltd lifted its holdings in shares of Alarm.com by 67.3% during the 4th quarter. Covestor Ltd now owns 691 shares of the software maker’s stock valued at $35,000 after acquiring an additional 278 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in shares of Alarm.com by 2,637.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 794 shares of the software maker’s stock valued at $42,000 after acquiring an additional 765 shares in the last quarter. Finally, Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Alarm.com during the 3rd quarter valued at $46,000. Institutional investors and hedge funds own 91.74% of the company’s stock.

About Alarm.com

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Alarm.com (NASDAQ:ALRM)

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