Alarm.com Holdings, Inc. $ALRM Shares Sold by State of Alaska Department of Revenue

State of Alaska Department of Revenue decreased its position in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 44.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,459 shares of the software maker’s stock after selling 8,376 shares during the period. State of Alaska Department of Revenue’s holdings in Alarm.com were worth $569,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of ALRM. Bank of New York Mellon Corp bought a new stake in Alarm.com during the 2nd quarter worth approximately $14,339,000. Louisiana State Employees Retirement System acquired a new stake in Alarm.com during the 1st quarter valued at $954,000. American Capital Management Inc. acquired a new stake in Alarm.com during the 2nd quarter valued at $3,202,000. Winmill & CO. Inc. bought a new position in Alarm.com in the 2nd quarter valued at $5,891,000. Finally, Summit Creek Advisors LLC bought a new position in Alarm.com in the 2nd quarter valued at $2,759,000. Institutional investors own 91.74% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Weiss Ratings raised Alarm.com from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 15th. Raymond James Financial restated a “strong-buy” rating and set a $65.00 target price on shares of Alarm.com in a report on Friday, August 7th. Barclays raised their target price on 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 Alarm.com from a “hold” rating to a “buy” rating in a report on Sunday, August 16th. Finally, Zacks Research cut Alarm.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Alarm.com presently has an average rating of “Hold” and a consensus price target of $55.00.

Insider Buying and Selling at Alarm.com

In other Alarm.com news, CEO Stephen Trundle sold 50,000 shares of the stock in a transaction on Monday, August 24th. The stock was sold at an average price of $57.67, for a total value of $2,883,500.00. Following the transaction, the chief executive officer directly owned 324,842 shares in the company, valued at approximately $18,733,638.14. This trade represents a 13.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Kevin Bradley sold 5,400 shares of the stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $55.07, for a total value of $297,378.00. Following the completion of the transaction, the chief financial officer owned 78,222 shares in the company, valued at $4,307,685.54. The trade was a 6.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 4.80% of the stock is currently owned by corporate insiders.

Alarm.com Price Performance

Shares of ALRM stock traded up $1.65 during trading hours on Friday, reaching $64.14. 753,230 shares of the company were exchanged, compared to its average volume of 461,646. Alarm.com Holdings, Inc. has a fifty-two week low of $41.49 and a fifty-two week high of $64.41. The company has a debt-to-equity ratio of 0.57, a current ratio of 4.96 and a quick ratio of 4.38. The stock’s fifty day moving average is $56.12 and its two-hundred day moving average is $50.71. The company has a market cap of $3.17 billion, a price-to-earnings ratio of 28.38, a P/E/G ratio of 1.98 and a beta of 0.76.

Alarm.com (NASDAQ:ALRM) last issued its quarterly earnings results on Thursday, August 6th. The software maker reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.12. The business had revenue of $277.73 million during the quarter, compared to analyst estimates of $264.96 million. Alarm.com had a net margin of 11.11% and a return on equity of 15.65%. Alarm.com’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.60 earnings per share. 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 earnings per share for the current fiscal year.

Alarm.com Profile

Alarm.com Holdings, Inc develops cloud-based technology for connected security and smart automation. Its platform helps residential and commercial customers monitor and manage security systems, video cameras, access control, energy use, and other connected devices through mobile applications and web-based tools.

The company’s products and services are delivered primarily through a network of authorized service providers, including security dealers and integrators. Its offerings include intrusion detection, smart-home automation, video surveillance, commercial security and access management, energy management, and solutions designed for property managers and other business customers.

Founded in 2000 and headquartered in Vienna, Virginia, Alarm.com serves customers through service providers in the United States and international markets.