Sei Investments Co. Cuts Position in Alarm.com Holdings, Inc. $ALRM

Sei Investments Co. lowered its stake in Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 42.8% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 76,006 shares of the software maker’s stock after selling 56,766 shares during the quarter. Sei Investments Co.’s holdings in Alarm.com were worth $3,283,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Swedbank AB raised its holdings in Alarm.com by 713.1% in the 4th quarter. Swedbank AB now owns 45,316 shares of the software maker’s stock worth $2,312,000 after acquiring an additional 39,743 shares during the last quarter. Vanguard Group Inc. lifted its position in Alarm.com by 0.9% in 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. Louisiana State Employees Retirement System purchased a new stake in Alarm.com during the 1st quarter valued at $954,000. LSV Asset Management boosted its stake in Alarm.com by 95.4% during the 4th quarter. LSV Asset Management now owns 119,400 shares of the software maker’s stock valued at $6,092,000 after purchasing an additional 58,300 shares during the last quarter. Finally, Jackson Creek Investment Advisors LLC increased its holdings in shares of Alarm.com by 356.4% in the 4th quarter. Jackson Creek Investment Advisors LLC now owns 33,648 shares of the software maker’s stock worth $1,717,000 after purchasing an additional 26,276 shares in the last quarter. 91.74% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Wall Street Zen lowered Alarm.com from a “buy” rating to a “hold” rating in a research report on Saturday. Raymond James Financial restated a “strong-buy” rating and issued a $65.00 price target on shares of Alarm.com in a research note on Friday. Weiss Ratings raised Alarm.com from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 29th. Finally, Barclays upped their price objective on Alarm.com from $50.00 to $55.00 and gave the company an “equal weight” rating in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Alarm.com presently has a consensus rating of “Hold” and a consensus price target of $53.33.

Insider Buying and Selling

In related news, insider Daniel Ramos sold 2,000 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $46.50, for a total value of $93,000.00. Following the transaction, the insider directly owned 53,099 shares of the company’s stock, valued at approximately $2,469,103.50. This trade represents a 3.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Kevin Christopher Bradley sold 724 shares of Alarm.com stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $48.46, for a total value of $35,085.04. Following the transaction, the chief financial officer owned 83,622 shares in the company, valued at $4,052,322.12. This trade represents a 0.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 31,893 shares of company stock valued at $1,428,505. Company insiders own 4.80% of the company’s stock.

Alarm.com Stock Performance

Shares of NASDAQ ALRM opened at $57.53 on Friday. The firm has a 50 day moving average of $49.52 and a 200 day moving average of $47.13. 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 firm has a market capitalization of $2.85 billion, a price-to-earnings ratio of 25.46, a price-to-earnings-growth ratio of 1.89 and a beta of 0.76. Alarm.com Holdings, Inc. has a 12-month low of $41.49 and a 12-month high of $59.53.

Alarm.com (NASDAQ:ALRM) last announced its earnings results on Thursday, August 6th. The software maker reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.12. Alarm.com had a net margin of 11.11% and a return on equity of 15.74%. The business had revenue of $277.73 million during the quarter, compared to analysts’ expectations of $264.96 million. During the same period in the prior year, the company earned $0.60 earnings per share. The firm’s revenue was up 9.2% on a year-over-year basis. Alarm.com has set its FY 2026 guidance at 2.920-2.940 EPS. On average, research analysts anticipate 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.