Stephen Trundle Sells 6,073 Shares of Alarm.com (NASDAQ:ALRM) Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) CEO Stephen Trundle sold 6,073 shares of Alarm.com stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $43.78, for a total value of $265,875.94. Following the sale, the chief executive officer directly owned 324,842 shares in the company, valued at approximately $14,221,582.76. This trade represents a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a filing 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.

Stephen Trundle also recently made the following trade(s):

• On Monday, May 18th, Stephen Trundle sold 2,944 shares of Alarm.com stock. The stock was sold at an average price of $43.56, for a total value of $128,240.64.

Alarm.com Stock Up 2.3%

NASDAQ ALRM opened at $45.11 on Friday. The company has a current ratio of 5.16, a quick ratio of 4.55 and a debt-to-equity ratio of 0.57. The stock’s 50 day moving average is $44.27 and its two-hundred day moving average is $47.79. The company has a market capitalization of $2.23 billion, a price-to-earnings ratio of 18.72, a PEG ratio of 1.48 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.

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

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of ALRM. Amundi raised its stake 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 acquiring an additional 1,113 shares during the last quarter. AQR Capital Management LLC raised its stake 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 acquiring an additional 4,246 shares during the last quarter. Woodline Partners LP bought a new position in shares of Alarm.com in the first quarter valued at approximately $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% 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 acquiring 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% 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 acquiring an additional 98,557 shares during the last quarter. Institutional investors own 91.74% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ALRM. JPMorgan Chase & Co. decreased their price objective on Alarm.com from $55.00 to $40.00 and set an “underweight” rating on the stock in a report on Wednesday, February 18th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Alarm.com in a report on Friday, April 24th. Zacks Research downgraded Alarm.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. Finally, Barclays lifted their price objective on Alarm.com from $50.00 to $55.00 and gave the company an “equal weight” rating in a report on Friday, May 8th. Three equities research 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 stock currently 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.