Intech Investment Management LLC Sells 15,656 Shares of Alarm.com Holdings, Inc. $ALRM

Intech Investment Management LLC decreased its stake in Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 43.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,078 shares of the software maker’s stock after selling 15,656 shares during the period. Intech Investment Management LLC’s holdings in Alarm.com were worth $1,024,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in ALRM. Optiver Holding B.V. bought a new position in shares of Alarm.com in the 3rd quarter worth $25,000. Covestor Ltd increased its holdings in shares of Alarm.com by 67.3% in the 4th quarter. Covestor Ltd now owns 691 shares of the software maker’s stock worth $35,000 after buying an additional 278 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in shares of Alarm.com by 2,637.9% in the 3rd quarter. Hantz Financial Services Inc. now owns 794 shares of the software maker’s stock worth $42,000 after buying an additional 765 shares during the last quarter. Financial Management Professionals Inc. bought a new position in shares of Alarm.com in the 4th quarter worth $47,000. Finally, Strs Ohio bought a new position in shares of Alarm.com in the 1st quarter worth $56,000. Institutional investors own 91.74% of the company’s stock.

Alarm.com Stock Performance

NASDAQ:ALRM opened at $45.37 on Monday. The company has a 50-day moving average price of $44.37 and a 200-day moving average price of $47.61. Alarm.com Holdings, Inc. has a 12 month low of $41.49 and a 12 month 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. The stock has a market cap of $2.24 billion, a price-to-earnings ratio of 18.83, a P/E/G ratio of 1.52 and a beta of 0.79.

Alarm.com (NASDAQ:ALRM) last posted its earnings results on Thursday, May 7th. The software maker reported $0.65 EPS for the quarter, topping the consensus estimate of $0.60 by $0.05. Alarm.com had a net margin of 12.36% and a return on equity of 14.99%. The firm had revenue of $265.19 million during the quarter, compared to analysts’ expectations of $250.94 million. During the same period last year, the company posted $0.54 EPS. The company’s quarterly revenue 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. Equities analysts predict that Alarm.com Holdings, Inc. will post 2.34 EPS for the current year.

Wall Street Analyst Weigh In

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

Insider Activity at Alarm.com

In other news, CFO Kevin Christopher Bradley sold 1,510 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $45.97, for a total value of $69,414.70. Following the completion of the sale, the chief financial officer directly owned 51,546 shares of the company’s stock, valued at approximately $2,369,569.62. This trade represents a 2.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Stephen Trundle sold 6,073 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $43.78, for a total transaction of $265,875.94. Following the completion of the sale, the chief executive officer directly owned 324,842 shares of the company’s stock, valued at approximately $14,221,582.76. This represents a 1.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 20,479 shares of company stock valued at $898,465. 4.80% of the stock is currently owned by company insiders.

Alarm.com 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.