Alarm.com Holdings, Inc. $ALRM Shares Acquired by Quantinno Capital Management LP

Quantinno Capital Management LP boosted its position in Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 111.1% in the 1st quarter, HoldingsChannel.com reports. The firm owned 19,705 shares of the software maker’s stock after buying an additional 10,370 shares during the period. Quantinno Capital Management LP’s holdings in Alarm.com were worth $851,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Amundi boosted its position in Alarm.com by 6.8% during the first quarter. Amundi now owns 17,532 shares of the software maker’s stock worth $920,000 after purchasing an additional 1,113 shares in the last quarter. AQR Capital Management LLC increased its position in shares of Alarm.com by 7.8% in the first quarter. AQR Capital Management LLC now owns 59,005 shares of the software maker’s stock valued at $3,284,000 after buying an additional 4,246 shares in the last quarter. Woodline Partners LP purchased a new position in shares of Alarm.com in the first quarter valued at $514,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Alarm.com by 4.9% during 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 last quarter. Finally, Jane Street Group LLC raised its stake in shares of Alarm.com by 610.0% during 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 last quarter. 91.74% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Alarm.com

In related news, insider Daniel Kerzner sold 3,944 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were 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 approximately $4,427,952.98. This represents a 3.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Stephen Trundle sold 6,073 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $43.78, for a total transaction of $265,875.94. Following the completion of the transaction, the chief executive officer owned 324,842 shares in the company, valued at $14,221,582.76. The trade was a 1.84% 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. Over the last quarter, insiders sold 30,873 shares of company stock valued at $1,446,228. Corporate insiders own 4.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on ALRM shares. Raymond James Financial reissued a “strong-buy” rating and issued a $65.00 price objective on shares of Alarm.com in a research note on Friday, August 7th. Weiss Ratings upgraded shares of Alarm.com from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 29th. Barclays upped their price target on shares of Alarm.com from $55.00 to $60.00 and gave the company an “equal weight” rating in a report on Monday, August 10th. Finally, Wall Street Zen upgraded shares of Alarm.com from a “hold” rating to a “buy” rating in a research report on Sunday. One investment 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $55.00.

Alarm.com Stock Performance

Shares of ALRM stock opened at $55.00 on Tuesday. Alarm.com Holdings, Inc. has a one year low of $41.49 and a one year high of $59.53. The company has a debt-to-equity ratio of 0.57, a quick ratio of 4.38 and a current ratio of 4.96. The company has a 50 day moving average price of $50.78 and a 200 day moving average price of $47.37. The firm has a market capitalization of $2.72 billion, a price-to-earnings ratio of 24.34, a price-to-earnings-growth ratio of 1.86 and a beta of 0.76.

Alarm.com (NASDAQ:ALRM) last posted its quarterly earnings results on Thursday, August 6th. The software maker reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.12. Alarm.com had a net margin of 11.11% and a return on equity of 15.65%. The company had revenue of $277.73 million for the quarter, compared to the consensus estimate of $264.96 million. During the same quarter last year, the firm posted $0.60 earnings per share. Alarm.com’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. Sell-side analysts anticipate that Alarm.com Holdings, Inc. will post 2.34 EPS for the current year.

Alarm.com 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.