Alarm.com (NASDAQ:ALRM) Insider Daniel Kerzner Sells 1,915 Shares

Alarm.com Holdings, Inc. (NASDAQ:ALRMGet Free Report) insider Daniel Kerzner sold 1,915 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $43.56, for a total value of $83,417.40. Following the completion of the sale, the insider directly owned 105,085 shares of the company’s stock, valued at approximately $4,577,502.60. The trade was a 1.79% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Alarm.com Trading Up 1.3%

Shares of NASDAQ ALRM opened at $44.04 on Thursday. The business has a 50 day simple moving average of $44.70 and a 200 day simple moving average of $48.00. The company has a debt-to-equity ratio of 0.57, a quick ratio of 4.55 and a current ratio of 5.16. Alarm.com Holdings, Inc. has a 52 week low of $41.49 and a 52 week high of $59.98. The stock has a market cap of $2.18 billion, a price-to-earnings ratio of 18.27, a PEG ratio of 1.52 and a beta of 0.79.

Alarm.com (NASDAQ:ALRMGet Free Report) last issued its quarterly earnings data 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. Alarm.com had a return on equity of 14.99% and a net margin of 12.36%.The business had revenue of $265.19 million for the quarter, compared to the consensus estimate of $250.94 million. During the same period last year, the business earned $0.54 EPS. The firm’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, research analysts predict that Alarm.com Holdings, Inc. will post 2.24 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ALRM has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Alarm.com in a research note on Friday, April 24th. Zacks Research downgraded Alarm.com from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 25th. JPMorgan Chase & Co. dropped their price target on Alarm.com from $55.00 to $40.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 18th. Finally, Barclays lifted their price target on Alarm.com from $50.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Friday, May 8th. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $47.50.

Get Our Latest Stock Report on Alarm.com

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ALRM. Amundi increased its position in Alarm.com by 6.8% in the 1st quarter. Amundi now owns 17,532 shares of the software maker’s stock worth $920,000 after buying an additional 1,113 shares during the period. AQR Capital Management LLC increased its position in Alarm.com by 7.8% in the 1st quarter. AQR Capital Management LLC now owns 59,005 shares of the software maker’s stock worth $3,284,000 after buying an additional 4,246 shares during the period. Woodline Partners LP bought a new position in Alarm.com in the 1st quarter worth approximately $514,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Alarm.com by 4.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 131,200 shares of the software maker’s stock worth $7,301,000 after buying an additional 6,080 shares during the period. Finally, Jane Street Group LLC increased its position in Alarm.com by 610.0% in the 1st quarter. Jane Street Group LLC now owns 114,715 shares of the software maker’s stock worth $6,384,000 after buying an additional 98,557 shares during the period. 91.74% of the stock is owned by institutional investors.

Alarm.com Company Profile

(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.

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

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