Insider Selling: Alarm.com (NASDAQ:ALRM) CEO Sells $128,240.64 in Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) CEO Stephen Trundle sold 2,944 shares of the stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $43.56, for a total transaction of $128,240.64. Following the completion of the transaction, the chief executive officer directly owned 330,915 shares of the company’s stock, valued at $14,414,657.40. This trade represents a 0.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Alarm.com Trading Up 0.2%

Shares of Alarm.com stock opened at $43.80 on Friday. The firm’s 50 day moving average is $44.49 and its 200 day moving average is $47.94. The firm has a market capitalization of $2.17 billion, a PE ratio of 18.17, a price-to-earnings-growth ratio of 1.53 and a beta of 0.79. Alarm.com Holdings, Inc. has a 1 year low of $41.49 and a 1 year high of $59.98. The company has a current ratio of 5.16, a quick ratio of 4.55 and a debt-to-equity ratio of 0.57.

Alarm.com (NASDAQ:ALRM) last issued its quarterly earnings data on Thursday, May 7th. The software maker reported $0.65 EPS for the quarter, beating the consensus estimate of $0.60 by $0.05. The business had revenue of $265.19 million during the quarter, compared to the consensus estimate of $250.94 million. Alarm.com had a net margin of 12.36% and a return on equity of 14.99%. The firm’s revenue was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.54 EPS. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. Equities research analysts forecast that Alarm.com Holdings, Inc. will post 2.24 earnings per share for the current fiscal year.

Institutional Trading of Alarm.com

Several hedge funds have recently added to or reduced their stakes in the business. Bank of Montreal Can increased its holdings in shares of Alarm.com by 625.1% during the fourth quarter. Bank of Montreal Can now owns 2,231,227 shares of the software maker’s stock valued at $113,837,000 after purchasing an additional 1,923,525 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Alarm.com by 101,569.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 947,556 shares of the software maker’s stock valued at $48,344,000 after acquiring an additional 946,624 shares in the last quarter. SG Americas Securities LLC increased its stake in shares of Alarm.com by 1,540.0% during the fourth quarter. SG Americas Securities LLC now owns 260,923 shares of the software maker’s stock valued at $13,312,000 after acquiring an additional 245,013 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in shares of Alarm.com by 43.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 779,200 shares of the software maker’s stock valued at $33,654,000 after acquiring an additional 237,633 shares during the period. Finally, Nuveen LLC raised its holdings in Alarm.com by 197.3% during the fourth quarter. Nuveen LLC now owns 316,427 shares of the software maker’s stock worth $16,144,000 after purchasing an additional 209,995 shares in the last quarter. Institutional investors own 91.74% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Barclays upped their target price on Alarm.com from $50.00 to $55.00 and gave the stock an “equal weight” rating in a report on Friday, May 8th. JPMorgan Chase & Co. lowered their price objective on Alarm.com from $55.00 to $40.00 and set an “underweight” rating for the company in a research note on Wednesday, February 18th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Alarm.com in a research report on Friday, April 24th. Finally, Zacks Research lowered shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average target price of $47.50.

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.