Daniel Ramos Sells 8,000 Shares of Alarm.com (NASDAQ:ALRM) Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider Daniel Ramos sold 8,000 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $46.23, for a total transaction of $369,840.00. Following the completion of the transaction, the insider owned 55,099 shares of the company’s stock, valued at approximately $2,547,226.77. The trade was a 12.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Daniel Ramos also recently made the following trade(s):

• On Friday, June 12th, Daniel Ramos sold 2,000 shares of Alarm.com stock. The stock was sold at an average price of $46.50, for a total transaction of $93,000.00.
• On Tuesday, May 26th, Daniel Ramos sold 2,532 shares of Alarm.com stock. The stock was sold at an average price of $43.78, for a total transaction of $110,850.96.
• On Monday, May 18th, Daniel Ramos sold 1,561 shares of Alarm.com stock. The stock was sold at an average price of $43.56, for a total transaction of $67,997.16.

Alarm.com Stock Performance

Shares of ALRM opened at $46.65 on Friday. Alarm.com Holdings, Inc. has a one year low of $41.49 and a one year high of $59.53. The company has a 50-day moving average of $44.67 and a two-hundred day moving average of $47.52. The stock has a market cap of $2.31 billion, a price-to-earnings ratio of 19.36, a PEG ratio of 1.56 and a beta of 0.79. The company has a debt-to-equity ratio of 0.57, a current ratio of 5.16 and a quick ratio of 4.55.

Alarm.com (NASDAQ:ALRM) last announced 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 company 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 earnings per share. The business’s revenue for the quarter was up 11.1% on a year-over-year basis. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. On average, equities research analysts expect that Alarm.com Holdings, Inc. will post 2.34 earnings per share for the current year.

Hedge Funds Weigh In On Alarm.com

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ALRM. Amundi raised its position in Alarm.com by 6.8% during 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 in the last quarter. AQR Capital Management LLC raised its position 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 purchasing an additional 4,246 shares during the period. 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 position 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 purchasing an additional 6,080 shares during the period. Finally, Jane Street Group LLC raised its position 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 purchasing an additional 98,557 shares during the period. Institutional investors own 91.74% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on ALRM. Wall Street Zen upgraded shares of Alarm.com from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Weiss Ratings restated a “hold (c-)” rating on shares of Alarm.com in a report on Friday, April 24th. Barclays raised their price target on shares of Alarm.com from $50.00 to $55.00 and gave the stock an “equal weight” rating in a report on Friday, May 8th. JPMorgan Chase & Co. decreased their price target on shares of Alarm.com from $55.00 to $40.00 and set an “underweight” rating for the company in a report on Wednesday, February 18th. Finally, Zacks Research cut shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. Three research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $47.50.

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.