Insider Selling: Alarm.com (NASDAQ:ALRM) CEO Sells $2,883,500.00 in Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) CEO Stephen Trundle sold 50,000 shares of the company’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $57.67, for a total transaction of $2,883,500.00. Following the completion of the sale, the chief executive officer directly owned 324,842 shares of the company’s stock, valued at $18,733,638.14. This trade represents a 13.34% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Alarm.com Price Performance

ALRM stock opened at $57.60 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 4.38 and a current ratio of 4.96. Alarm.com Holdings, Inc. has a 52 week low of $41.49 and a 52 week high of $59.38. The firm’s fifty day moving average is $52.59 and its 200 day moving average is $47.89. The firm has a market cap of $2.85 billion, a P/E ratio of 25.49, a P/E/G ratio of 1.80 and a beta of 0.76.

Alarm.com (NASDAQ:ALRM) last posted its quarterly earnings results on Thursday, August 6th. The software maker reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.12. Alarm.com had a net margin of 11.11% and a return on equity of 15.65%. The business had revenue of $277.73 million during the quarter, compared to the consensus estimate of $264.96 million. During the same period in the previous year, the firm posted $0.60 earnings per share. The firm’s revenue for the quarter was up 9.2% on a year-over-year basis. Alarm.com has set its FY 2026 guidance at 2.920-2.940 EPS. Research analysts predict that Alarm.com Holdings, Inc. will post 2.47 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on ALRM shares. 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. Zacks Research raised Alarm.com from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 19th. Barclays boosted their price objective on Alarm.com from $55.00 to $60.00 and gave the company an “equal weight” rating in a research report on Monday, August 10th. Wall Street Zen upgraded shares of Alarm.com from a “hold” rating to a “buy” rating in a report on Sunday, August 16th. Finally, Weiss Ratings raised shares of Alarm.com from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 29th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Alarm.com presently has a consensus rating of “Moderate Buy” and an average price target of $55.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. California State Teachers Retirement System lifted its holdings in Alarm.com by 0.5% in the 2nd quarter. California State Teachers Retirement System now owns 43,287 shares of the software maker’s stock worth $2,449,000 after buying an additional 226 shares during the period. Stifel Financial Corp increased its stake in shares of Alarm.com by 1.8% during the fourth quarter. Stifel Financial Corp now owns 14,176 shares of the software maker’s stock valued at $723,000 after buying an additional 254 shares during the period. ProShare Advisors LLC increased its stake in shares of Alarm.com by 3.0% during the fourth quarter. ProShare Advisors LLC now owns 9,284 shares of the software maker’s stock valued at $474,000 after buying an additional 269 shares during the period. Covestor Ltd increased its stake in shares of Alarm.com by 67.3% during the fourth quarter. Covestor Ltd now owns 691 shares of the software maker’s stock valued at $35,000 after buying an additional 278 shares during the period. Finally, Pacer Advisors Inc. raised its holdings in shares of Alarm.com by 21.2% during the first quarter. Pacer Advisors Inc. now owns 2,312 shares of the software maker’s stock valued at $100,000 after acquiring an additional 404 shares in the last quarter. Institutional investors own 91.74% of the company’s stock.

About Alarm.com

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.