SBI Okasan Asset Management Co.Ltd. Takes $694,000 Position in Alarm.com Holdings, Inc. $ALRM

SBI Okasan Asset Management Co.Ltd. bought a new position in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 13,400 shares of the software maker’s stock, valued at approximately $694,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ALRM. Northwestern Mutual Wealth Management Co. boosted its position in shares of Alarm.com by 101,569.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 947,556 shares of the software maker’s stock worth $48,344,000 after acquiring an additional 946,624 shares during the last quarter. SG Americas Securities LLC boosted its position in shares of Alarm.com by 1,540.0% during the fourth quarter. SG Americas Securities LLC now owns 260,923 shares of the software maker’s stock worth $13,312,000 after acquiring an additional 245,013 shares during the last quarter. Millennium Management LLC boosted its position in shares of Alarm.com by 112.4% during the third quarter. Millennium Management LLC now owns 236,006 shares of the software maker’s stock worth $12,527,000 after acquiring an additional 124,911 shares during the last quarter. Franklin Resources Inc. boosted its position in shares of Alarm.com by 1,380.1% during the third quarter. Franklin Resources Inc. now owns 110,181 shares of the software maker’s stock worth $5,848,000 after acquiring an additional 102,737 shares during the last quarter. Finally, Disciplined Growth Investors Inc. MN boosted its position in shares of Alarm.com by 3.0% during the second quarter. Disciplined Growth Investors Inc. MN now owns 3,491,824 shares of the software maker’s stock worth $197,532,000 after acquiring an additional 102,481 shares during the last quarter. Institutional investors own 91.74% of the company’s stock.

Analyst Upgrades and Downgrades

ALRM has been the subject of a number of 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. lowered 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 report on Wednesday, February 18th. Finally, Barclays increased 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 report on Friday, May 8th. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $47.50.

Insider Activity

In other news, CEO Stephen Trundle sold 6,073 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $43.78, for a total value of $265,875.94. Following the completion of the sale, the chief executive officer owned 324,842 shares in the company, valued at approximately $14,221,582.76. This trade represents a 1.84% decrease in their position. The transaction was disclosed in a legal 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. Also, insider Daniel Ramos sold 2,532 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 $110,850.96. Following the completion of the sale, the insider owned 63,099 shares of the company’s stock, valued at $2,762,474.22. This trade represents a 3.86% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 20,479 shares of company stock worth $898,465 over the last 90 days. Insiders own 5.80% of the company’s stock.

Alarm.com Price Performance

Alarm.com stock opened at $45.11 on Friday. The firm has a 50-day moving average price of $44.27 and a 200-day moving average price of $47.79. The firm has a market capitalization of $2.23 billion, a PE ratio of 18.72, a price-to-earnings-growth ratio of 1.48 and a beta of 0.79. The company has a current ratio of 5.16, a quick ratio of 4.55 and a debt-to-equity ratio of 0.57. Alarm.com Holdings, Inc. has a 12-month low of $41.49 and a 12-month high of $59.98.

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

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.