AlarmCom Hldg Inc (ALRM) Insider Timothy P. Mcadam Sells 20,407 Shares of Stock
AlarmCom Hldg Inc (NASDAQ:ALRM) insider Timothy P. Mcadam sold 20,407 shares of AlarmCom stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $36.78, for a total transaction of $750,569.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of AlarmCom Hldg Inc (NASDAQ:ALRM) traded up $0.57 on Thursday, hitting $37.27. 529,657 shares of the stock traded hands, compared to its average volume of 377,136. AlarmCom Hldg Inc has a 52 week low of $26.68 and a 52 week high of $49.49. The firm has a market capitalization of $1,730.05, a P/E ratio of 40.78, a price-to-earnings-growth ratio of 3.15 and a beta of 1.27. The company has a current ratio of 3.16, a quick ratio of 2.88 and a debt-to-equity ratio of -0.81.
AlarmCom (NASDAQ:ALRM) last announced its quarterly earnings results on Wednesday, November 8th. The software maker reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.07. AlarmCom had a net margin of 9.97% and a negative return on equity of 42.00%. The company had revenue of $90.00 million during the quarter, compared to the consensus estimate of $83.04 million. During the same quarter in the previous year, the company posted $0.19 earnings per share. The company’s revenue for the quarter was up 32.7% compared to the same quarter last year. equities analysts expect that AlarmCom Hldg Inc will post 0.82 EPS for the current fiscal year.
Institutional investors and hedge funds have recently made changes to their positions in the company. Janus Henderson Group PLC bought a new stake in shares of AlarmCom during the second quarter valued at about $37,684,000. Oak Ridge Investments LLC bought a new stake in shares of AlarmCom during the second quarter valued at about $19,059,000. Koch Industries Inc. bought a new stake in shares of AlarmCom during the second quarter valued at about $485,000. Pictet Asset Management Ltd. bought a new stake in shares of AlarmCom during the third quarter valued at about $19,427,000. Finally, FMR LLC raised its stake in shares of AlarmCom by 349.5% during the second quarter. FMR LLC now owns 300,751 shares of the software maker’s stock valued at $11,317,000 after purchasing an additional 233,846 shares in the last quarter. 83.16% of the stock is owned by institutional investors.
A number of equities analysts have commented on the stock. Roth Capital reaffirmed a “buy” rating and issued a $48.00 price objective on shares of AlarmCom in a report on Friday, September 8th. Credit Suisse Group reaffirmed an “outperform” rating and issued a $52.00 price objective (up previously from $46.00) on shares of AlarmCom in a report on Thursday, November 9th. BidaskClub downgraded shares of AlarmCom from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. Bank of America boosted their price target on shares of AlarmCom from $46.00 to $55.00 and gave the company a “buy” rating in a report on Tuesday, October 24th. Finally, Maxim Group reissued a “buy” rating and set a $57.00 price target on shares of AlarmCom in a report on Tuesday, November 21st. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. AlarmCom currently has an average rating of “Buy” and an average target price of $46.90.
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Alarm.com Holdings, Inc is a platform solution for the connected property. The Company offers a suite of cloud-based solutions for the smart home and business, including interactive security, video monitoring, intelligent automation and energy management. The Company operates through two segments: Alarm.com and Other.
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