Kevin Christopher Bradley Sells 1,510 Shares of Alarm.com (NASDAQ:ALRM) Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) CFO Kevin Christopher Bradley sold 1,510 shares of the stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $45.97, for a total value of $69,414.70. Following the completion of the sale, the chief financial officer directly owned 51,546 shares of the company’s stock, valued at approximately $2,369,569.62. The trade was a 2.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Alarm.com Price Performance

NASDAQ:ALRM opened at $44.37 on Friday. The stock has a market capitalization of $2.20 billion, a PE ratio of 18.04, a P/E/G ratio of 1.62 and a beta of 0.80. Alarm.com Holdings, Inc. has a 1-year low of $43.00 and a 1-year high of $60.76. The firm has a fifty day simple moving average of $47.93 and a 200 day simple moving average of $50.57. The company has a current ratio of 1.92, a quick ratio of 1.78 and a debt-to-equity ratio of 0.58.

Alarm.com (NASDAQ:ALRM) last posted its quarterly earnings results on Thursday, February 19th. The software maker reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.06. Alarm.com had a net margin of 13.11% and a return on equity of 14.79%. The firm had revenue of $261.66 million for the quarter, compared to analyst estimates of $250.75 million. During the same period in the prior year, the firm posted $0.58 earnings per share. The company’s quarterly revenue was up 8.1% compared to the same quarter last year. Alarm.com has set its FY 2026 guidance at 2.780-2.790 EPS. On average, research analysts expect that Alarm.com Holdings, Inc. will post 1.64 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on ALRM shares. JPMorgan Chase & Co. lowered their price target on Alarm.com from $55.00 to $40.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 18th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Alarm.com in a research report on Tuesday, January 27th. Zacks Research upgraded Alarm.com from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 24th. Finally, Barclays decreased their target price on Alarm.com from $56.00 to $50.00 and set an “equal weight” rating on the stock in a report on Friday, February 20th. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $57.00.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. AlphaQuest LLC acquired a new position in shares of Alarm.com in the third quarter valued at approximately $2,313,000. Cresset Asset Management LLC acquired a new stake in Alarm.com during the 2nd quarter worth approximately $2,263,000. Hussman Strategic Advisors Inc. acquired a new stake in Alarm.com during the 3rd quarter worth approximately $2,229,000. Geode Capital Management LLC lifted its holdings in Alarm.com by 1.3% during the 2nd quarter. Geode Capital Management LLC now owns 1,202,312 shares of the software maker’s stock worth $68,024,000 after purchasing an additional 15,821 shares during the last quarter. Finally, Public Sector Pension Investment Board boosted its stake in Alarm.com by 7.3% in the 3rd quarter. Public Sector Pension Investment Board now owns 348,186 shares of the software maker’s stock valued at $18,482,000 after purchasing an additional 23,675 shares during the period. 91.74% of the stock is owned by institutional investors.

Alarm.com Company Profile

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.