Stephen Trundle Sells 2,944 Shares of Alarm.com (NASDAQ:ALRM) Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) CEO Stephen Trundle sold 2,944 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $43.56, for a total transaction of $128,240.64. Following the completion of the transaction, the chief executive officer owned 330,915 shares in the company, valued at approximately $14,414,657.40. This represents a 0.88% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Alarm.com Stock Down 0.7%

Shares of Alarm.com stock opened at $43.72 on Friday. The company has a market cap of $2.16 billion, a price-to-earnings ratio of 18.14, a price-to-earnings-growth ratio of 1.54 and a beta of 0.79. The company’s 50 day moving average is $44.59 and its 200 day moving average is $47.96. Alarm.com Holdings, Inc. has a twelve month low of $41.49 and a twelve month high of $59.98. The company has a quick ratio of 4.55, a current ratio of 5.16 and a debt-to-equity ratio of 0.57.

Alarm.com (NASDAQ:ALRM) 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 net margin of 12.36% and a return on equity of 14.99%. The company had revenue of $265.19 million for the quarter, compared to the consensus estimate of $250.94 million. During the same quarter in the prior year, the firm earned $0.54 earnings per share. The firm’s revenue for the quarter 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. Research analysts anticipate that Alarm.com Holdings, Inc. will post 2.24 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have commented on ALRM. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Alarm.com in a report on Friday, April 24th. Barclays upped their target price on shares of Alarm.com from $50.00 to $55.00 and gave the company an “equal weight” rating in a report on Friday, May 8th. Zacks Research cut shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 25th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Alarm.com from $55.00 to $40.00 and set an “underweight” rating for the company in a research note on Wednesday, February 18th. Three analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $47.50.

Institutional Trading of Alarm.com

A number of hedge funds and other institutional investors have recently modified their holdings of ALRM. Bank of Montreal Can increased its stake in shares of Alarm.com by 625.1% in the fourth quarter. Bank of Montreal Can now owns 2,231,227 shares of the software maker’s stock worth $113,837,000 after purchasing an additional 1,923,525 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Alarm.com by 101,569.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 947,556 shares of the software maker’s stock worth $48,344,000 after purchasing an additional 946,624 shares in the last quarter. SG Americas Securities LLC increased its stake in shares of Alarm.com by 1,540.0% in the fourth quarter. SG Americas Securities LLC now owns 260,923 shares of the software maker’s stock worth $13,312,000 after purchasing an additional 245,013 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in Alarm.com by 43.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 779,200 shares of the software maker’s stock valued at $33,654,000 after acquiring an additional 237,633 shares in the last quarter. Finally, Nuveen LLC grew its stake in Alarm.com by 197.3% during the fourth quarter. Nuveen LLC now owns 316,427 shares of the software maker’s stock valued at $16,144,000 after acquiring an additional 209,995 shares in the last quarter. 91.74% of the stock is owned by hedge funds and other institutional investors.

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.