AlarmCom (NASDAQ: ALRM) has recently received a number of price target changes and ratings updates:

  • 5/14/2019 – AlarmCom was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Alarm.com Holdings, Inc. offers interactive security solutions for home and business owners. The Company offers security systems which include image sensor, crash and smash protection, web control, mobile access and video monitoring. Alarm.com Holdings, Inc. is based in VIENNA, United States. “
  • 5/14/2019 – AlarmCom was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 5/13/2019 – AlarmCom had its “in-line” rating reaffirmed by analysts at Imperial Capital. They now have a $64.00 price target on the stock, up previously from $61.00.
  • 5/13/2019 – AlarmCom was downgraded by analysts at Jefferies Financial Group Inc from a “buy” rating to a “hold” rating. They now have a $66.00 price target on the stock, down previously from $71.00.
  • 5/10/2019 – AlarmCom was downgraded by analysts at First Analysis from a “strong-buy” rating to an “outperform” rating. They now have a $75.00 price target on the stock, up previously from $70.00.
  • 5/10/2019 – AlarmCom was given a new $77.00 price target on by analysts at Raymond James. They now have a “buy” rating on the stock.
  • 5/10/2019 – AlarmCom had its “buy” rating reaffirmed by analysts at Maxim Group. They now have a $79.00 price target on the stock, up previously from $74.00.
  • 5/10/2019 – AlarmCom had its “buy” rating reaffirmed by analysts at Northland Securities. They now have a $73.00 price target on the stock.
  • 5/3/2019 – AlarmCom had its “buy” rating reaffirmed by analysts at Bank of America Corp. They now have a $78.00 price target on the stock, up previously from $67.00.
  • 4/29/2019 – AlarmCom had its “neutral” rating reaffirmed by analysts at Roth Capital. They now have a $73.00 price target on the stock.
  • 4/15/2019 – AlarmCom had its price target raised by analysts at Roth Capital from $6,673.00. They now have a “buy” rating on the stock.
  • 4/11/2019 – AlarmCom was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 4/10/2019 – AlarmCom had its “buy” rating reaffirmed by analysts at Northland Securities. They now have a $73.00 price target on the stock. They wrote, “We spoke with 10 large dealers, which continue to promote Alarm.com-based services to home owners. Pricing remains stable. App download patterns are consistent generally, and consumer reviews had modest changes (except for an increase at Simplisafe). We continue to see the business access control market moving to SaaS and Alarm.com uniquely positioned.””

ALRM traded down $1.72 on Thursday, hitting $59.06. 5,877 shares of the company’s stock were exchanged, compared to its average volume of 440,926. The firm has a market cap of $2.93 billion, a price-to-earnings ratio of 45.08, a price-to-earnings-growth ratio of 4.59 and a beta of 1.46. AlarmCom Hldg Inc has a twelve month low of $36.28 and a twelve month high of $71.50.

AlarmCom (NASDAQ:ALRM) last released its quarterly earnings data on Thursday, February 28th. The software maker reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.05. The firm had revenue of $111.40 million for the quarter, compared to analyst estimates of $99.63 million. AlarmCom had a net margin of 4.55% and a negative return on equity of 86.44%. Equities analysts anticipate that AlarmCom Hldg Inc will post 1.11 EPS for the current year.

In other AlarmCom news, CFO Steve Valenzuela sold 1,083 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $65.42, for a total value of $70,849.86. Following the sale, the chief financial officer now owns 29,132 shares in the company, valued at $1,905,815.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Stephen Trundle sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, April 22nd. The shares were sold at an average price of $67.63, for a total transaction of $1,352,600.00. Following the completion of the sale, the insider now owns 242,443 shares in the company, valued at approximately $16,396,420.09. The disclosure for this sale can be found here. In the last quarter, insiders have sold 44,710 shares of company stock worth $2,940,911. 26.00% of the stock is owned by company insiders.

Several large investors have recently made changes to their positions in ALRM. Teachers Advisors LLC increased its stake in shares of AlarmCom by 2.2% in the third quarter. Teachers Advisors LLC now owns 59,634 shares of the software maker’s stock valued at $3,423,000 after purchasing an additional 1,306 shares during the period. Morgan Stanley increased its stake in shares of AlarmCom by 66.7% in the third quarter. Morgan Stanley now owns 188,115 shares of the software maker’s stock valued at $10,798,000 after purchasing an additional 75,244 shares during the period. State of Alaska Department of Revenue increased its stake in shares of AlarmCom by 3.9% in the fourth quarter. State of Alaska Department of Revenue now owns 11,716 shares of the software maker’s stock valued at $607,000 after purchasing an additional 443 shares during the period. Bank of Montreal Can increased its stake in shares of AlarmCom by 2.7% in the fourth quarter. Bank of Montreal Can now owns 214,105 shares of the software maker’s stock valued at $11,106,000 after purchasing an additional 5,600 shares during the period. Finally, Winslow Evans & Crocker Inc. acquired a new stake in shares of AlarmCom in the fourth quarter valued at approximately $130,000. Institutional investors own 96.49% of the company’s stock.

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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