Alps Advisors Inc. bought a new position in shares of AlarmCom Hldg Inc (NASDAQ:ALRM) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 6,542 shares of the software maker’s stock, valued at approximately $264,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. We Are One Seven LLC lifted its position in shares of AlarmCom by 372.4% in the 1st quarter. We Are One Seven LLC now owns 2,773 shares of the software maker’s stock worth $105,000 after purchasing an additional 2,186 shares during the period. Mount Yale Investment Advisors LLC acquired a new position in shares of AlarmCom in the 1st quarter worth approximately $138,000. Optimum Investment Advisors acquired a new position in shares of AlarmCom in the 1st quarter worth approximately $189,000. Amalgamated Bank acquired a new position in shares of AlarmCom in the 2nd quarter worth approximately $200,000. Finally, Commonwealth Equity Services LLC acquired a new position in shares of AlarmCom in the 1st quarter worth approximately $206,000. 96.04% of the stock is currently owned by hedge funds and other institutional investors.

AlarmCom stock opened at $57.51 on Friday. The company has a debt-to-equity ratio of -1.08, a quick ratio of 3.93 and a current ratio of 4.25. AlarmCom Hldg Inc has a 12-month low of $33.39 and a 12-month high of $59.05. The firm has a market cap of $2.70 billion, a P/E ratio of 75.67, a P/E/G ratio of 3.30 and a beta of 1.33.

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

In related news, insider Jean-Paul Martin sold 10,000 shares of the business’s stock in a transaction on Tuesday, September 11th. The shares were sold at an average price of $56.68, for a total transaction of $566,800.00. Following the transaction, the insider now owns 148,004 shares in the company, valued at approximately $8,388,866.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Stephen Trundle sold 22,193 shares of the business’s stock in a transaction on Monday, June 18th. The shares were sold at an average price of $45.52, for a total transaction of $1,010,225.36. Following the transaction, the insider now owns 204,691 shares in the company, valued at approximately $9,317,534.32. The disclosure for this sale can be found here. Insiders have sold a total of 344,923 shares of company stock worth $18,922,805 in the last quarter. 37.10% of the stock is owned by corporate insiders.

ALRM has been the topic of a number of recent analyst reports. BidaskClub upgraded shares of AlarmCom from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, May 23rd. ValuEngine upgraded shares of AlarmCom from a “hold” rating to a “buy” rating in a research report on Friday, June 1st. Goldman Sachs Group downgraded shares of AlarmCom from a “neutral” rating to a “sell” rating and set a $30.00 price target on the stock. in a research report on Wednesday, June 20th. Raymond James upgraded shares of AlarmCom from an “outperform” rating to a “strong-buy” rating and set a $48.00 price target on the stock in a research report on Monday, June 25th. Finally, Jefferies Financial Group boosted their price target on shares of AlarmCom to $55.00 and gave the stock a “buy” rating in a research report on Wednesday, August 8th. One 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 stock. The company currently has an average rating of “Buy” and an average price target of $52.08.

About AlarmCom

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.

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Institutional Ownership by Quarter for AlarmCom (NASDAQ:ALRM)

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