Daniel Kerzner Sells 3,944 Shares of Alarm.com (NASDAQ:ALRM) Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider Daniel Kerzner sold 3,944 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $43.78, for a total value of $172,668.32. Following the transaction, the insider directly owned 101,141 shares of the company’s stock, valued at $4,427,952.98. This represents a 3.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Daniel Kerzner also recently made the following trade(s):

• On Monday, May 18th, Daniel Kerzner sold 1,915 shares of Alarm.com stock. The stock was sold at an average price of $43.56, for a total value of $83,417.40.

Alarm.com Trading Up 2.3%

Alarm.com stock opened at $45.11 on Friday. The business has a 50 day moving average price of $44.27 and a two-hundred day moving average price of $47.79. The company has a quick ratio of 4.55, a current ratio of 5.16 and a debt-to-equity ratio of 0.57. The stock has a market cap of $2.23 billion, a price-to-earnings ratio of 18.72, a price-to-earnings-growth ratio of 1.48 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.

Alarm.com (NASDAQ:ALRM) last posted its quarterly earnings results on Thursday, May 7th. The software maker reported $0.65 EPS for the quarter, beating the consensus estimate of $0.60 by $0.05. Alarm.com had a return on equity of 14.99% and a net margin of 12.36%.The firm had revenue of $265.19 million during the quarter, compared to analysts’ expectations of $250.94 million. During the same quarter in the prior year, the firm posted $0.54 EPS. The company’s revenue for the quarter was up 11.1% on a year-over-year basis. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. As a group, equities analysts forecast that Alarm.com Holdings, Inc. will post 2.34 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ALRM. JPMorgan Chase & Co. decreased 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 restated a “hold (c-)” rating on shares of Alarm.com in a research report on Friday, April 24th. Barclays increased their price target on Alarm.com from $50.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Friday, May 8th. Finally, Zacks Research lowered Alarm.com from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. Three equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Reduce” and a consensus target price of $47.50.

Institutional Trading of Alarm.com

Several hedge funds and other institutional investors have recently modified their holdings of ALRM. AlphaQuest LLC bought a new position in shares of Alarm.com in the 3rd quarter valued at about $2,313,000. Hussman Strategic Advisors Inc. bought a new position in shares of Alarm.com in the 3rd quarter valued at about $2,229,000. Swedbank AB grew its holdings in shares of Alarm.com by 713.1% in the 4th quarter. Swedbank AB now owns 45,316 shares of the software maker’s stock valued at $2,312,000 after acquiring an additional 39,743 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Alarm.com by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 6,286,541 shares of the software maker’s stock valued at $320,739,000 after acquiring an additional 53,664 shares in the last quarter. Finally, Public Sector Pension Investment Board grew its holdings in shares of 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 acquiring an additional 23,675 shares in the last quarter. Institutional investors and hedge funds own 91.74% 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.