Motley Fool Asset Management LLC Sells 5,568 Shares of Alarm.com Holdings, Inc. $ALRM

Motley Fool Asset Management LLC lessened its position in Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 3.6% in the 2nd quarter, Holdings Channel.com reports. The fund owned 147,432 shares of the software maker’s stock after selling 5,568 shares during the period. Motley Fool Asset Management LLC’s holdings in Alarm.com were worth $8,340,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in ALRM. Bessemer Group Inc. lifted its holdings in shares of Alarm.com by 304.6% in the 1st quarter. Bessemer Group Inc. now owns 708 shares of the software maker’s stock worth $39,000 after acquiring an additional 533 shares during the last quarter. Larson Financial Group LLC lifted its holdings in Alarm.com by 235.5% during the 1st quarter. Larson Financial Group LLC now owns 916 shares of the software maker’s stock valued at $51,000 after buying an additional 643 shares in the last quarter. Strs Ohio bought a new stake in Alarm.com during the 1st quarter valued at about $56,000. BI Asset Management Fondsmaeglerselskab A S bought a new stake in Alarm.com during the 1st quarter valued at about $73,000. Finally, GAMMA Investing LLC lifted its holdings in Alarm.com by 87.9% during the 1st quarter. GAMMA Investing LLC now owns 1,964 shares of the software maker’s stock valued at $109,000 after buying an additional 919 shares in the last quarter. Institutional investors own 91.74% of the company’s stock.

Alarm.com Trading Down 0.5%

NASDAQ:ALRM opened at $51.50 on Tuesday. Alarm.com Holdings, Inc. has a one year low of $48.23 and a one year high of $70.06. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.82 and a current ratio of 1.95. The firm has a market cap of $2.57 billion, a P/E ratio of 21.64, a P/E/G ratio of 2.58 and a beta of 1.04. The firm has a 50-day simple moving average of $54.20 and a 200-day simple moving average of $55.21.

Alarm.com (NASDAQ:ALRM) last posted its quarterly earnings results on Thursday, August 7th. The software maker reported $0.60 EPS for the quarter, beating the consensus estimate of $0.52 by $0.08. Alarm.com had a net margin of 13.27% and a return on equity of 13.84%. The business had revenue of $254.31 million during the quarter, compared to analyst estimates of $243.96 million. During the same quarter in the previous year, the business posted $0.58 EPS. The company’s quarterly revenue was up 8.8% compared to the same quarter last year. Alarm.com has set its FY 2025 guidance at 2.400-2.400 EPS. Equities analysts anticipate that Alarm.com Holdings, Inc. will post 1.64 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently weighed in on ALRM. Zacks Research lowered shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a report on Monday, October 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Alarm.com in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Alarm.com has a consensus rating of “Hold” and a consensus price target of $62.60.

About Alarm.com

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.