Kevin Christopher Bradley Sells 724 Shares of Alarm.com (NASDAQ:ALRM) Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) CFO Kevin Christopher Bradley sold 724 shares of the business’s stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $48.46, for a total transaction 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 is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Kevin Christopher Bradley also recently made the following trade(s):

• On Wednesday, June 10th, Kevin Christopher Bradley sold 2,200 shares of Alarm.com stock. The stock was sold at an average price of $46.15, for a total transaction of $101,530.00.

Alarm.com Stock Performance

NASDAQ ALRM traded up $1.19 on Thursday, hitting $49.69. 383,318 shares of the company traded hands, compared to its average volume of 491,701. Alarm.com Holdings, Inc. has a 52-week low of $41.49 and a 52-week high of $59.53. The company has a current ratio of 5.16, a quick ratio of 4.55 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $2.46 billion, a price-to-earnings ratio of 20.62, a P/E/G ratio of 1.57 and a beta of 0.79. The business’s 50 day moving average price is $44.88 and its 200-day moving average price is $46.85.

Alarm.com (NASDAQ:ALRM) last released its earnings results on Thursday, May 7th. The software maker reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.05. The company had revenue of $265.19 million during 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%. The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.54 EPS. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. Equities analysts expect that Alarm.com Holdings, Inc. will post 2.34 earnings per share for the current year.

Institutional Investors Weigh In On Alarm.com

A number of institutional investors have recently added to or reduced their stakes in the stock. California State Teachers Retirement System lifted its position in shares of Alarm.com by 0.5% during the second quarter. California State Teachers Retirement System now owns 43,287 shares of the software maker’s stock valued at $2,449,000 after buying an additional 226 shares during the last quarter. Cresset Asset Management LLC boosted its holdings in shares of Alarm.com by 0.6% in the 3rd quarter. Cresset Asset Management LLC now owns 40,234 shares of the software maker’s stock valued at $2,136,000 after buying an additional 228 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Alarm.com by 22.4% in the 4th quarter. GAMMA Investing LLC now owns 1,361 shares of the software maker’s stock worth $69,000 after buying an additional 249 shares during the last quarter. Stifel Financial Corp grew its position in shares of Alarm.com by 1.8% in the 4th quarter. Stifel Financial Corp now owns 14,176 shares of the software maker’s stock worth $723,000 after buying an additional 254 shares during the last quarter. Finally, ProShare Advisors LLC raised its stake in shares of Alarm.com by 3.0% during the 4th quarter. ProShare Advisors LLC now owns 9,284 shares of the software maker’s stock worth $474,000 after acquiring an additional 269 shares in the last quarter. Institutional investors own 91.74% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Zacks Research downgraded shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. Weiss Ratings lowered shares of Alarm.com from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, June 24th. Barclays increased their price target on Alarm.com from $50.00 to $55.00 and gave the stock an “equal weight” rating in a report on Friday, May 8th. Finally, Wall Street Zen cut shares of Alarm.com from a “buy” rating to a “hold” rating in a research report on Saturday, June 20th. Two research analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $47.50.

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.