Shares of AlarmCom Hldg Inc (NASDAQ:ALRM) gapped down before the market opened on Friday . The stock had previously closed at $53.21, but opened at $55.25. AlarmCom shares last traded at $55.72, with a volume of 9145 shares changing hands.

ALRM has been the subject of several recent analyst reports. Credit Suisse Group restated an “outperform” rating on shares of AlarmCom in a research note on Friday, August 17th. Goldman Sachs Group downgraded AlarmCom from a “neutral” rating to a “sell” rating and set a $30.00 target price for the company. in a research note on Wednesday, June 20th. Jefferies Financial Group increased their target price on AlarmCom to $55.00 and gave the company a “buy” rating in a research note on Wednesday, August 8th. ValuEngine downgraded AlarmCom from a “buy” rating to a “hold” rating in a research report on Thursday, June 21st. Finally, BidaskClub downgraded AlarmCom from a “strong-buy” rating to a “buy” rating in a research report on Monday, June 18th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company’s stock. AlarmCom presently has a consensus rating of “Buy” and an average target price of $52.08.

The company has a quick ratio of 3.93, a current ratio of 4.25 and a debt-to-equity ratio of -1.08. The stock has a market capitalization of $2.80 billion, a P/E ratio of 74.55, a P/E/G ratio of 3.42 and a beta of 1.33.

AlarmCom (NASDAQ:ALRM) last issued its earnings results on Tuesday, August 7th. The software maker reported $0.34 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.12. AlarmCom had a negative return on equity of 64.90% and a net margin of 9.75%. The business had revenue of $104.49 million during the quarter, compared to analysts’ expectations of $94.72 million. equities analysts expect that AlarmCom Hldg Inc will post 1.01 earnings per share for the current year.

In other news, insider Stephen Trundle sold 22,193 shares of the stock in a transaction that occurred on Monday, June 18th. The stock was sold at an average price of $45.52, for a total value of $1,010,225.36. Following the completion of the transaction, the insider now directly owns 204,691 shares of the company’s stock, valued at approximately $9,317,534.32. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Vii Lp Tcv sold 114,687 shares of the firm’s stock in a transaction on Wednesday, June 13th. The shares were sold at an average price of $44.51, for a total value of $5,104,718.37. The disclosure for this sale can be found here. Over the last three months, insiders sold 181,880 shares of company stock valued at $8,288,094. 37.10% of the stock is currently owned by insiders.

A number of hedge funds have recently added to or reduced their stakes in ALRM. Bank of New York Mellon Corp lifted its position in AlarmCom by 16.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 404,139 shares of the software maker’s stock valued at $16,319,000 after acquiring an additional 56,715 shares in the last quarter. California Public Employees Retirement System increased its stake in AlarmCom by 37.2% in the 2nd quarter. California Public Employees Retirement System now owns 35,165 shares of the software maker’s stock valued at $1,420,000 after buying an additional 9,536 shares during the last quarter. Centaurus Financial Inc. increased its stake in AlarmCom by 5.1% in the 2nd quarter. Centaurus Financial Inc. now owns 270,726 shares of the software maker’s stock valued at $10,932,000 after buying an additional 13,017 shares during the last quarter. MetLife Investment Advisors LLC increased its stake in AlarmCom by 46.9% in the 2nd quarter. MetLife Investment Advisors LLC now owns 14,286 shares of the software maker’s stock valued at $577,000 after buying an additional 4,559 shares during the last quarter. Finally, Metropolitan Life Insurance Co. NY increased its stake in AlarmCom by 46.2% in the 2nd quarter. Metropolitan Life Insurance Co. NY now owns 10,088 shares of the software maker’s stock valued at $407,000 after buying an additional 3,189 shares during the last quarter. 96.04% of the stock is owned by hedge funds and other institutional investors.

About AlarmCom (NASDAQ:ALRM)

Alarm.com Holdings, Inc provides cloud-based software platform solutions for smart residential and commercial properties in the United States and internationally. The company provides interactive security solutions to control and monitor their security systems, as well as connected security devices, including door locks, motion sensors, thermostats, garage doors, and video cameras; and high definition video monitoring solutions, such as live streaming, smart clip capture, secure cloud storage, video alerts, continuous HD recording, and commercial video surveillance solutions.

See Also: Price to Earnings Ratio (PE)

Receive News & Ratings for AlarmCom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AlarmCom and related companies with MarketBeat.com's FREE daily email newsletter.