Summit Creek Advisors LLC Has $11.01 Million Stock Holdings in Alarm.com Holdings, Inc. $ALRM

Summit Creek Advisors LLC decreased its position in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 6.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 215,766 shares of the software maker’s stock after selling 14,580 shares during the quarter. Alarm.com makes up approximately 1.7% of Summit Creek Advisors LLC’s holdings, making the stock its 29th largest holding. Summit Creek Advisors LLC owned about 0.43% of Alarm.com worth $11,008,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. Covestor Ltd lifted its holdings in Alarm.com by 67.3% during the 4th quarter. Covestor Ltd now owns 691 shares of the software maker’s stock worth $35,000 after buying an additional 278 shares in the last quarter. ProShare Advisors LLC lifted its holdings in Alarm.com by 3.0% during the 4th quarter. ProShare Advisors LLC now owns 9,284 shares of the software maker’s stock worth $474,000 after buying an additional 269 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Alarm.com by 101,569.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 947,556 shares of the software maker’s stock worth $48,344,000 after buying an additional 946,624 shares in the last quarter. Argos Wealth Advisors LLC acquired a new position in shares of Alarm.com in the 4th quarter valued at $639,000. Finally, Bailard Inc. acquired a new position in shares of Alarm.com in the 4th quarter valued at $441,000. Institutional investors and hedge funds own 91.74% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on ALRM shares. JPMorgan Chase & Co. cut their price target on Alarm.com from $55.00 to $40.00 and set an “underweight” rating on the stock in a research note on Wednesday, February 18th. Barclays increased their price target on Alarm.com from $50.00 to $55.00 and gave the company an “equal weight” rating in a research note on Friday, May 8th. Zacks Research downgraded Alarm.com from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 25th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Alarm.com in a research note on Friday, April 24th. Three analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Alarm.com has a consensus rating of “Reduce” and a consensus price target of $47.50.

Alarm.com Stock Performance

Shares of Alarm.com stock opened at $44.04 on Thursday. The company has a market capitalization of $2.18 billion, a PE ratio of 18.27, a PEG ratio of 1.52 and a beta of 0.79. Alarm.com Holdings, Inc. has a 12 month low of $41.49 and a 12 month high of $59.98. The company has a current ratio of 5.16, a quick ratio of 4.55 and a debt-to-equity ratio of 0.57. The stock’s fifty day simple moving average is $44.70 and its 200 day simple moving average is $48.00.

Alarm.com (NASDAQ:ALRM) last issued its quarterly earnings data on Thursday, May 7th. The software maker reported $0.65 EPS for the quarter, topping the consensus estimate of $0.60 by $0.05. The business had revenue of $265.19 million for the quarter, compared to the consensus estimate of $250.94 million. Alarm.com had a return on equity of 14.99% and a net margin of 12.36%.The firm’s revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.54 EPS. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. On average, research analysts predict that Alarm.com Holdings, Inc. will post 2.24 EPS for the current year.

Insider Transactions at Alarm.com

In other Alarm.com news, insider Daniel Kerzner sold 1,915 shares of the stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $43.56, for a total transaction of $83,417.40. Following the completion of the transaction, the insider owned 105,085 shares in the company, valued at approximately $4,577,502.60. This represents a 1.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Daniel Ramos sold 1,561 shares of the stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $43.56, for a total value of $67,997.16. Following the transaction, the insider owned 65,631 shares of the company’s stock, valued at approximately $2,858,886.36. This trade represents a 2.32% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 7,930 shares of company stock worth $349,070 in the last 90 days. Company insiders own 5.80% of the company’s stock.

About Alarm.com

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.