Daniel Ramos Sells 1,561 Shares of Alarm.com (NASDAQ:ALRM) Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRMGet Free Report) insider Daniel Ramos sold 1,561 shares of Alarm.com stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $43.56, for a total transaction of $67,997.16. Following the sale, the insider owned 65,631 shares in the company, valued at approximately $2,858,886.36. This trade represents a 2.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Alarm.com Price Performance

Shares of Alarm.com stock traded up $0.57 during trading on Wednesday, hitting $44.04. 368,384 shares of the company’s stock traded hands, compared to its average volume of 458,030. The company has a debt-to-equity ratio of 0.57, a current ratio of 5.16 and a quick ratio of 4.55. The firm’s fifty day moving average price is $44.81 and its 200 day moving average price is $48.04. Alarm.com Holdings, Inc. has a twelve month low of $41.49 and a twelve month high of $59.98. The company has a market cap of $2.18 billion, a PE ratio of 18.27, a PEG ratio of 1.53 and a beta of 0.79.

Alarm.com (NASDAQ:ALRMGet Free Report) last issued its earnings results on Thursday, May 7th. The software maker reported $0.65 earnings per share for the quarter, beating 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 business had revenue of $265.19 million for the quarter, compared to analyst estimates of $250.94 million. During the same period in the previous year, the business earned $0.54 EPS. The firm’s revenue was up 11.1% on a year-over-year basis. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. Analysts forecast that Alarm.com Holdings, Inc. will post 2.24 earnings per share for the current year.

Hedge Funds Weigh In On Alarm.com

Large investors have recently modified their holdings of the stock. Optiver Holding B.V. acquired a new position in shares of Alarm.com during the third quarter worth approximately $25,000. Strengthening Families & Communities LLC acquired a new position in shares of Alarm.com during the third quarter worth approximately $27,000. Covestor Ltd lifted its position in shares of Alarm.com by 67.3% during the fourth quarter. Covestor Ltd now owns 691 shares of the software maker’s stock worth $35,000 after purchasing an additional 278 shares in the last quarter. Hantz Financial Services Inc. lifted its position in shares of Alarm.com by 2,637.9% during the third quarter. Hantz Financial Services Inc. now owns 794 shares of the software maker’s stock worth $42,000 after purchasing an additional 765 shares in the last quarter. Finally, Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Alarm.com during the third quarter worth approximately $46,000. 91.74% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ALRM has been the topic of several recent research reports. Zacks Research lowered shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Alarm.com in a research report on Friday, April 24th. JPMorgan Chase & Co. reduced their price target on shares of Alarm.com from $55.00 to $40.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 18th. Finally, Barclays upped their price objective on shares of Alarm.com from $50.00 to $55.00 and gave the stock an “equal weight” rating in a research note 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $47.50.

Check Out Our Latest Analysis on ALRM

Alarm.com Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Alarm.com (NASDAQ:ALRM)

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