Intech Investment Management LLC Sells 15,656 Shares of Alarm.com Holdings, Inc. $ALRM

Intech Investment Management LLC trimmed its holdings in Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 43.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,078 shares of the software maker’s stock after selling 15,656 shares during the quarter. Intech Investment Management LLC’s holdings in Alarm.com were worth $1,024,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Optiver Holding B.V. bought a new position in shares of Alarm.com in the 3rd quarter worth about $25,000. Covestor Ltd increased its stake in shares of Alarm.com by 67.3% in the 4th quarter. Covestor Ltd now owns 691 shares of the software maker’s stock worth $35,000 after acquiring an additional 278 shares in the last quarter. Hantz Financial Services Inc. increased its stake in shares of Alarm.com by 2,637.9% in the 3rd quarter. Hantz Financial Services Inc. now owns 794 shares of the software maker’s stock worth $42,000 after acquiring an additional 765 shares in the last quarter. Financial Management Professionals Inc. bought a new position in shares of Alarm.com in the 4th quarter worth about $47,000. Finally, Strs Ohio bought a new position in shares of Alarm.com in the 1st quarter worth about $56,000. 91.74% of the stock is currently owned by institutional investors.

Insider Activity at Alarm.com

In other news, CEO Stephen Trundle sold 6,073 shares of Alarm.com stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $43.78, for a total value of $265,875.94. Following the completion of the sale, the chief executive officer directly owned 324,842 shares in the company, valued at $14,221,582.76. The trade was a 1.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Daniel Kerzner sold 3,944 shares of Alarm.com stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $43.78, for a total transaction of $172,668.32. Following the completion of the sale, the insider owned 101,141 shares of the company’s stock, valued at $4,427,952.98. This represents a 3.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 20,479 shares of company stock valued at $898,465. Insiders own 4.80% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on ALRM. Zacks Research lowered shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 25th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Alarm.com in a research note on Friday, April 24th. Barclays increased their price target on shares of Alarm.com from $50.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Friday, May 8th. 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. Finally, Wall Street Zen upgraded shares of Alarm.com from a “hold” rating to a “buy” rating in a research note on Saturday. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $47.50.

Alarm.com Stock Performance

Shares of ALRM stock opened at $45.37 on Monday. The company has a 50 day moving average price of $44.37 and a 200-day moving average price of $47.61. Alarm.com Holdings, Inc. has a 52 week low of $41.49 and a 52 week high of $59.98. The firm has a market capitalization of $2.24 billion, a PE ratio of 18.83, a P/E/G ratio of 1.52 and a beta of 0.79. 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 announced its quarterly earnings results on Thursday, May 7th. The software maker reported $0.65 EPS for the quarter, topping 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 firm had revenue of $265.19 million during the quarter, compared to analyst estimates of $250.94 million. During the same period in the previous year, the business posted $0.54 earnings per share. The business’s revenue for the quarter 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, equities research analysts expect that Alarm.com Holdings, Inc. will post 2.34 earnings per share for the current year.

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.