Alarm.com (NASDAQ:ALRM) Insider Daniel Kerzner Sells 3,944 Shares

Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider Daniel Kerzner sold 3,944 shares of Alarm.com stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $43.78, for a total value 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. The trade was a 3.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Daniel Kerzner also recently made the following trade(s):

• On Monday, May 18th, Daniel Kerzner sold 1,915 shares of Alarm.com stock. The stock was sold at an average price of $43.56, for a total value of $83,417.40.

Alarm.com Trading Up 0.5%

Shares of Alarm.com stock opened at $44.10 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 4.55 and a current ratio of 5.16. Alarm.com Holdings, Inc. has a 52 week low of $41.49 and a 52 week high of $59.98. The stock has a 50 day moving average price of $44.29 and a two-hundred day moving average price of $47.80. The stock has a market capitalization of $2.18 billion, a PE ratio of 18.30, a price-to-earnings-growth ratio of 1.47 and a beta of 0.79.

Alarm.com (NASDAQ:ALRM) last announced its quarterly earnings data on Thursday, May 7th. The software maker reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.05. Alarm.com had a return on equity of 14.99% and a net margin of 12.36%.The firm had revenue of $265.19 million during the quarter, compared to analysts’ expectations of $250.94 million. During the same quarter last year, the firm posted $0.54 earnings per share. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. As a group, equities analysts anticipate that Alarm.com Holdings, Inc. will post 2.34 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Hedge Funds Weigh In On Alarm.com

Several hedge funds have recently made changes to their positions in ALRM. Amundi grew its position in shares of Alarm.com by 6.8% in the first quarter. Amundi now owns 17,532 shares of the software maker’s stock valued at $920,000 after purchasing an additional 1,113 shares in the last quarter. AQR Capital Management LLC grew 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 purchasing 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 grew its position in shares of Alarm.com by 4.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 131,200 shares of the software maker’s stock valued at $7,301,000 after purchasing an additional 6,080 shares in the last quarter. Finally, Jane Street Group LLC grew its position in shares of Alarm.com by 610.0% in the first quarter. Jane Street Group LLC now owns 114,715 shares of the software maker’s stock valued at $6,384,000 after purchasing an additional 98,557 shares in the last quarter. 91.74% of the stock is currently owned by hedge funds and other institutional investors.

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.