Kevin Christopher Bradley Sells 2,200 Shares of Alarm.com (NASDAQ:ALRM) Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) CFO Kevin Christopher Bradley sold 2,200 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $46.15, for a total value of $101,530.00. Following the completion of the transaction, the chief financial officer directly owned 84,346 shares of the company’s stock, valued at $3,892,567.90. This trade represents a 2.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Kevin Christopher Bradley also recently made the following trade(s):

• On Wednesday, March 18th, Kevin Christopher Bradley sold 1,510 shares of Alarm.com stock. The shares were sold at an average price of $45.97, for a total value of $69,414.70.

Alarm.com Stock Performance

Shares of ALRM opened at $46.65 on Friday. The stock has a 50 day moving average price of $44.67 and a 200 day moving average price of $47.52. 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 company has a market capitalization of $2.31 billion, a price-to-earnings ratio of 19.36, a price-to-earnings-growth ratio of 1.56 and a beta of 0.79. Alarm.com Holdings, Inc. has a 52-week low of $41.49 and a 52-week high of $59.53.

Alarm.com (NASDAQ:ALRM) last announced its quarterly earnings results on Thursday, May 7th. The software maker reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $250.94 million. During the same period in the prior year, the company posted $0.54 earnings per share. The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. Research analysts predict that Alarm.com Holdings, Inc. will post 2.34 EPS for the current fiscal year.

Institutional Investors Weigh In On Alarm.com

Hedge funds have recently modified their holdings of the stock. Optiver Holding B.V. acquired a new stake in shares of Alarm.com during the third quarter worth $25,000. Covestor Ltd lifted its holdings in shares of Alarm.com by 67.3% during the fourth quarter. Covestor Ltd now owns 691 shares of the software maker’s stock worth $35,000 after purchasing an additional 278 shares during the period. Hantz Financial Services Inc. lifted its holdings in shares of Alarm.com by 2,637.9% during the third quarter. Hantz Financial Services Inc. now owns 794 shares of the software maker’s stock worth $42,000 after purchasing an additional 765 shares during the period. Financial Management Professionals Inc. acquired a new stake in shares of Alarm.com during the fourth quarter worth $47,000. Finally, Strs Ohio acquired a new stake in shares of Alarm.com during the first quarter worth $56,000. 91.74% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on ALRM shares. Barclays boosted their price objective 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. JPMorgan Chase & Co. reduced their price objective on Alarm.com from $55.00 to $40.00 and set an “underweight” rating for the company in a research note on Wednesday, February 18th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Alarm.com in a research note on Friday, April 24th. Zacks Research cut Alarm.com from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 25th. Finally, Wall Street Zen upgraded Alarm.com from a “hold” rating to a “buy” rating in a research note on Saturday, June 6th. Three equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $47.50.

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.