Alarm.com (NASDAQ:ALRM) CFO Kevin Christopher Bradley Sells 1,510 Shares of Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) CFO Kevin Christopher Bradley sold 1,510 shares of the stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $45.97, for a total value of $69,414.70. Following the transaction, the chief financial officer owned 51,546 shares in the company, valued at $2,369,569.62. The trade was a 2.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Alarm.com Stock Performance

Shares of ALRM stock opened at $45.16 on Friday. The firm has a 50 day moving average of $48.08 and a 200-day moving average of $50.67. The company has a market cap of $2.24 billion, a price-to-earnings ratio of 18.36, a price-to-earnings-growth ratio of 1.61 and a beta of 0.80. The company has a quick ratio of 1.78, a current ratio of 1.92 and a debt-to-equity ratio of 0.58. Alarm.com Holdings, Inc. has a 52 week low of $43.00 and a 52 week high of $60.76.

Alarm.com (NASDAQ:ALRM) last released its earnings results on Thursday, February 19th. The software maker reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.06. The company had revenue of $261.66 million for the quarter, compared to the consensus estimate of $250.75 million. Alarm.com had a net margin of 13.11% and a return on equity of 14.79%. Alarm.com’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.58 EPS. Alarm.com has set its FY 2026 guidance at 2.780-2.790 EPS. On average, equities analysts forecast that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current year.

Institutional Investors Weigh In On Alarm.com

Several hedge funds and other institutional investors have recently made changes to their positions in ALRM. Optiver Holding B.V. bought a new position in Alarm.com in the 3rd quarter valued at about $25,000. Strengthening Families & Communities LLC acquired a new position in Alarm.com during the 3rd quarter valued at about $27,000. Covestor Ltd increased its holdings in Alarm.com by 67.3% during the 4th quarter. Covestor Ltd now owns 691 shares of the software maker’s stock worth $35,000 after purchasing an additional 278 shares in the last quarter. Hantz Financial Services Inc. raised its stake in shares of Alarm.com by 2,637.9% in the third quarter. Hantz Financial Services Inc. now owns 794 shares of the software maker’s stock worth $42,000 after purchasing an additional 765 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC purchased a new stake in shares of Alarm.com in the second quarter worth approximately $43,000. 91.74% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently commented on ALRM. Barclays reduced their target price on Alarm.com from $56.00 to $50.00 and set an “equal weight” rating for the company in a research note on Friday, February 20th. JPMorgan Chase & Co. cut their price target on Alarm.com from $55.00 to $40.00 and set an “underweight” rating on the stock in a report on Wednesday, February 18th. Zacks Research raised Alarm.com from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 24th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Alarm.com in a report on Tuesday, January 27th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Alarm.com has an average rating of “Moderate Buy” and an average target price of $57.00.

About Alarm.com

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.