NewEdge Advisors LLC Has $215,000 Stock Holdings in Alarm.com Holdings, Inc. $ALRM

NewEdge Advisors LLC decreased its holdings in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 64.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,980 shares of the software maker’s stock after selling 9,194 shares during the period. NewEdge Advisors LLC’s holdings in Alarm.com were worth $215,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Covestor Ltd increased its holdings in Alarm.com by 67.3% in the fourth quarter. Covestor Ltd now owns 691 shares of the software maker’s stock worth $35,000 after purchasing an additional 278 shares in the last quarter. Strs Ohio acquired a new position in Alarm.com in the first quarter valued at approximately $56,000. Kemnay Advisory Services Inc. bought a new position in shares of Alarm.com during the 4th quarter worth approximately $59,000. Danske Bank A S bought a new position in shares of Alarm.com during the 4th quarter worth approximately $92,000. Finally, Caden Capital Partners LP acquired a new stake in shares of Alarm.com during the 4th quarter worth approximately $106,000. Institutional investors and hedge funds own 91.74% of the company’s stock.

Insider Buying and Selling

In related news, CFO Kevin Christopher Bradley sold 5,400 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $55.07, for a total value of $297,378.00. Following the transaction, the chief financial officer owned 78,222 shares of the company’s stock, valued at approximately $4,307,685.54. This trade represents a 6.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Stephen Trundle sold 50,000 shares of Alarm.com stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $57.67, for a total value of $2,883,500.00. Following the transaction, the chief executive officer owned 324,842 shares of the company’s stock, valued at $18,733,638.14. This trade represents a 13.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 68,324 shares of company stock worth $3,780,333 in the last quarter. Insiders own 4.80% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on ALRM shares. Barclays lifted their price objective on shares of Alarm.com from $55.00 to $60.00 and gave the company an “equal weight” rating in a research note on Monday, August 10th. Wall Street Zen raised shares of Alarm.com from a “hold” rating to a “buy” rating in a research note on Sunday, August 16th. Raymond James Financial restated a “strong-buy” rating and issued a $65.00 price target on shares of Alarm.com in a report on Friday, August 7th. Zacks Research raised shares of Alarm.com from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 19th. Finally, Weiss Ratings upgraded shares of Alarm.com from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $55.00.

Alarm.com Price Performance

Shares of NASDAQ:ALRM opened at $56.76 on Wednesday. The stock’s 50 day moving average is $52.09 and its 200-day moving average is $47.76. Alarm.com Holdings, Inc. has a twelve month low of $41.49 and a twelve month high of $59.38. The company has a quick ratio of 4.38, a current ratio of 4.96 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $2.81 billion, a price-to-earnings ratio of 25.12, a PEG ratio of 1.83 and a beta of 0.76.

Alarm.com (NASDAQ:ALRM) last announced its quarterly 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 15.65%. The business had revenue of $277.73 million during the quarter, compared to analyst estimates of $264.96 million. During the same quarter in the previous year, the business posted $0.60 EPS. Alarm.com’s quarterly 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 forecast that Alarm.com Holdings, Inc. will post 2.47 EPS for the current fiscal 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.