Alarm.com (NASDAQ:ALRM) Insider Daniel Ramos Sells 2,000 Shares of Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider Daniel Ramos sold 2,000 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $46.50, for a total transaction of $93,000.00. Following the sale, the insider directly owned 53,099 shares in the company, valued at $2,469,103.50. This trade represents a 3.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Daniel Ramos also recently made the following trade(s):

• On Wednesday, June 10th, Daniel Ramos sold 8,000 shares of Alarm.com stock. The shares were sold at an average price of $46.23, for a total value of $369,840.00.
• On Tuesday, May 26th, Daniel Ramos sold 2,532 shares of Alarm.com stock. The shares were sold at an average price of $43.78, for a total value of $110,850.96.
• On Monday, May 18th, Daniel Ramos sold 1,561 shares of Alarm.com stock. The shares were sold at an average price of $43.56, for a total value of $67,997.16.

Alarm.com Trading Up 0.5%

Alarm.com stock opened at $46.65 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 5.16 and a quick ratio of 4.55. Alarm.com Holdings, Inc. has a one year low of $41.49 and a one year high of $59.53. The stock has a market capitalization of $2.31 billion, a PE ratio of 19.36, a price-to-earnings-growth ratio of 1.56 and a beta of 0.79. The business’s fifty day moving average is $44.67 and its 200 day moving average is $47.52.

Alarm.com (NASDAQ:ALRM) last released its quarterly earnings data on Thursday, May 7th. The software maker reported $0.65 EPS for the quarter, beating the consensus estimate of $0.60 by $0.05. Alarm.com had a return on equity of 14.99% and a net margin of 12.36%.The company had revenue of $265.19 million for the quarter, compared to analysts’ expectations of $250.94 million. During the same period last year, the firm posted $0.54 earnings per share. Alarm.com’s revenue was up 11.1% compared to the same quarter last year. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. On average, sell-side analysts predict that Alarm.com Holdings, Inc. will post 2.34 EPS for the current year.

Hedge Funds Weigh In On Alarm.com

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Centaurus Financial Inc. boosted its holdings in shares of Alarm.com by 1.0% in the first quarter. Centaurus Financial Inc. now owns 271,841 shares of the software maker’s stock worth $11,741,000 after buying an additional 2,782 shares during the last quarter. California State Teachers Retirement System boosted its holdings in shares of Alarm.com by 30.5% in the first quarter. California State Teachers Retirement System now owns 58,939 shares of the software maker’s stock worth $2,546,000 after buying an additional 13,761 shares during the last quarter. Quantinno Capital Management LP boosted its holdings in shares of Alarm.com by 111.1% in the first quarter. Quantinno Capital Management LP now owns 19,705 shares of the software maker’s stock worth $851,000 after buying an additional 10,370 shares during the last quarter. Public Employees Retirement System of Ohio boosted its holdings in shares of Alarm.com by 7.7% in the first quarter. Public Employees Retirement System of Ohio now owns 82,836 shares of the software maker’s stock worth $3,578,000 after buying an additional 5,929 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of Alarm.com by 43.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 779,200 shares of the software maker’s stock worth $33,654,000 after buying an additional 237,633 shares during the last quarter. Hedge funds and other institutional investors own 91.74% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Barclays increased their price objective on Alarm.com from $50.00 to $55.00 and gave the company an “equal weight” rating in a research report on Friday, May 8th. Zacks Research cut Alarm.com from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. Wall Street Zen raised Alarm.com from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. JPMorgan Chase & Co. reduced their price target on shares of Alarm.com from $55.00 to $40.00 and set an “underweight” rating for the company in a research report on Wednesday, February 18th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Alarm.com in a research note on Friday, April 24th. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $47.50.

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.