Alarm.com (NASDAQ:ALRM) Insider Daniel Ramos Sells 8,000 Shares

Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider Daniel Ramos sold 8,000 shares of Alarm.com stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $46.23, for a total value of $369,840.00. Following the transaction, the insider directly owned 55,099 shares in the company, valued at approximately $2,547,226.77. The trade was a 12.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Friday, June 12th, Daniel Ramos sold 2,000 shares of Alarm.com stock. The shares were sold at an average price of $46.50, for a total value of $93,000.00.
• On Tuesday, May 26th, Daniel Ramos sold 2,532 shares of Alarm.com stock. The shares were sold at an average price of $43.78, for a total value of $110,850.96.
• On Monday, May 18th, Daniel Ramos sold 1,561 shares of Alarm.com stock. The shares were sold at an average price of $43.56, for a total value of $67,997.16.

Alarm.com Stock Up 0.5%

Shares of NASDAQ:ALRM opened at $46.65 on Friday. The stock has a market cap of $2.31 billion, a price-to-earnings ratio of 19.36, a PEG ratio of 1.56 and a beta of 0.79. The company has a quick ratio of 4.55, a current ratio of 5.16 and a debt-to-equity ratio of 0.57. Alarm.com Holdings, Inc. has a 12-month low of $41.49 and a 12-month high of $59.53. The business’s 50 day moving average is $44.67 and its 200 day moving average is $47.52.

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Centaurus Financial Inc. lifted its position in shares of Alarm.com by 1.0% during the 1st quarter. Centaurus Financial Inc. now owns 271,841 shares of the software maker’s stock valued at $11,741,000 after buying an additional 2,782 shares during the last quarter. California State Teachers Retirement System lifted its position in shares of Alarm.com by 30.5% during the 1st quarter. California State Teachers Retirement System now owns 58,939 shares of the software maker’s stock valued at $2,546,000 after buying an additional 13,761 shares during the last quarter. Quantinno Capital Management LP lifted its position in shares of Alarm.com by 111.1% during the 1st quarter. Quantinno Capital Management LP now owns 19,705 shares of the software maker’s stock valued at $851,000 after buying an additional 10,370 shares during the last quarter. Public Employees Retirement System of Ohio lifted its position in shares of Alarm.com by 7.7% during the 1st quarter. Public Employees Retirement System of Ohio now owns 82,836 shares of the software maker’s stock valued at $3,578,000 after buying an additional 5,929 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of Alarm.com by 43.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 779,200 shares of the software maker’s stock valued at $33,654,000 after buying an additional 237,633 shares during the last quarter. Hedge funds and other institutional investors own 91.74% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on ALRM. 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. Barclays lifted their target price on Alarm.com from $50.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Friday, May 8th. JPMorgan Chase & Co. lowered their target price 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. Finally, Wall Street Zen upgraded Alarm.com from a “hold” rating to a “buy” rating in a research note on Saturday, June 6th. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus 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.