Insider Selling: Alarm.com (NASDAQ:ALRM) Insider Sells 1,915 Shares of Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider Daniel Kerzner sold 1,915 shares of Alarm.com stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $43.56, for a total transaction of $83,417.40. Following the sale, the insider owned 105,085 shares of the company’s stock, valued at approximately $4,577,502.60. The trade was a 1.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Alarm.com Price Performance

Shares of ALRM stock traded up $0.57 during midday trading on Wednesday, reaching $44.04. 368,384 shares of the company traded hands, compared to its average volume of 458,030. The firm’s 50 day simple moving average is $44.81 and its two-hundred day simple moving average is $48.04. Alarm.com Holdings, Inc. has a 1-year low of $41.49 and a 1-year high of $59.98. The company has a debt-to-equity ratio of 0.57, a current ratio of 5.16 and a quick ratio of 4.55. The firm has a market cap of $2.18 billion, a PE ratio of 18.27, a price-to-earnings-growth ratio of 1.53 and a beta of 0.79.

Alarm.com (NASDAQ:ALRM) last posted 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 net margin of 12.36% and a return on equity of 14.99%. The company had revenue of $265.19 million during the quarter, compared to the consensus estimate of $250.94 million. During the same period last year, the firm earned $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. On average, equities research analysts expect that Alarm.com Holdings, Inc. will post 2.24 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on ALRM shares. Zacks Research downgraded shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. JPMorgan Chase & Co. cut their price objective on Alarm.com from $55.00 to $40.00 and set an “underweight” rating for the company 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. Finally, Barclays lifted their price objective 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. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $47.50.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. AlphaQuest LLC acquired a new position in Alarm.com in the 3rd quarter valued at $2,313,000. Hussman Strategic Advisors Inc. acquired a new position in Alarm.com in the 3rd quarter valued at $2,229,000. Swedbank AB raised its holdings in 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 during the last quarter. Public Sector Pension Investment Board raised its holdings 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 acquiring an additional 23,675 shares during the last quarter. Finally, LSV Asset Management raised its holdings in Alarm.com by 160.0% in the 3rd quarter. LSV Asset Management now owns 61,100 shares of the software maker’s stock valued at $3,243,000 after acquiring an additional 37,600 shares during the last quarter. 91.74% of the stock is currently owned by institutional investors and hedge funds.

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.