Alarm.com Holdings, Inc. $ALRM Shares Sold by UBS Group AG

UBS Group AG reduced its holdings in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 52.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 47,766 shares of the software maker’s stock after selling 52,317 shares during the quarter. UBS Group AG’s holdings in Alarm.com were worth $2,437,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of Alarm.com by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 6,286,541 shares of the software maker’s stock valued at $320,739,000 after acquiring an additional 53,664 shares in the last quarter. Teacher Retirement System of Texas increased its holdings in Alarm.com by 11.3% in the 4th quarter. Teacher Retirement System of Texas now owns 48,733 shares of the software maker’s stock valued at $2,486,000 after purchasing an additional 4,961 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Alarm.com by 9.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 16,384 shares of the software maker’s stock valued at $836,000 after purchasing an additional 1,380 shares during the period. Financial Management Professionals Inc. purchased a new position in Alarm.com in the fourth quarter valued at about $47,000. Finally, State of Alaska Department of Revenue lifted its stake in shares of Alarm.com by 1.3% during the fourth quarter. State of Alaska Department of Revenue now owns 27,944 shares of the software maker’s stock worth $1,424,000 after purchasing an additional 368 shares in the last quarter. Institutional investors and hedge funds own 91.74% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Alarm.com in a research note on Friday, April 24th. Zacks Research lowered shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 25th. JPMorgan Chase & Co. reduced their target price on shares of 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 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 research note on Friday, May 8th. Three equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $47.50.

Alarm.com Trading Up 0.2%

NASDAQ:ALRM opened at $43.88 on Wednesday. The stock has a market cap of $2.17 billion, a price-to-earnings ratio of 18.21, a price-to-earnings-growth ratio of 1.53 and a beta of 0.79. Alarm.com Holdings, Inc. has a one year low of $41.49 and a one year high of $59.98. The company has a debt-to-equity ratio of 0.57, a quick ratio of 4.55 and a current ratio of 5.16. The business’s 50-day simple moving average is $44.37 and its 200 day simple moving average is $47.87.

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 return on equity of 14.99% and a net margin of 12.36%.The firm had revenue of $265.19 million during the quarter, compared to analyst estimates of $250.94 million. During the same quarter last year, the firm earned $0.54 EPS. Alarm.com’s quarterly revenue was up 11.1% on a year-over-year basis. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. As a group, sell-side analysts predict that Alarm.com Holdings, Inc. will post 2.24 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Kevin Christopher Bradley sold 1,510 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $45.97, for a total transaction of $69,414.70. Following the completion of the sale, the chief financial officer owned 51,546 shares of the company’s stock, valued at approximately $2,369,569.62. This trade represents a 2.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Daniel Kerzner sold 1,915 shares of Alarm.com stock in a transaction on Monday, May 18th. The stock was sold at an average price of $43.56, for a total transaction of $83,417.40. Following the completion of the sale, the insider owned 105,085 shares of the company’s stock, valued at approximately $4,577,502.60. This trade represents a 1.79% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 7,930 shares of company stock valued at $349,070. Corporate insiders own 5.60% of the company’s stock.

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.