Montanaro Asset Management Ltd Trims Stock Position in Alarm.com Holdings, Inc. $ALRM

Montanaro Asset Management Ltd cut its holdings in Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 8.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 150,100 shares of the software maker’s stock after selling 14,200 shares during the quarter. Alarm.com makes up approximately 2.1% of Montanaro Asset Management Ltd’s portfolio, making the stock its 24th largest holding. Montanaro Asset Management Ltd owned 0.30% of Alarm.com worth $7,658,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Bank of Montreal Can lifted its stake in Alarm.com by 625.1% in the 4th quarter. Bank of Montreal Can now owns 2,231,227 shares of the software maker’s stock valued at $113,837,000 after buying an additional 1,923,525 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Alarm.com by 101,569.1% during the fourth 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. SG Americas Securities LLC raised its holdings in shares of Alarm.com by 1,540.0% in the fourth quarter. SG Americas Securities LLC now owns 260,923 shares of the software maker’s stock worth $13,312,000 after acquiring an additional 245,013 shares during the last quarter. Nuveen LLC raised its holdings in shares of Alarm.com by 197.3% in the fourth quarter. Nuveen LLC now owns 316,427 shares of the software maker’s stock worth $16,144,000 after acquiring an additional 209,995 shares during the last quarter. Finally, Lazard Asset Management LLC lifted its position in shares of Alarm.com by 86.4% in the fourth quarter. Lazard Asset Management LLC now owns 347,611 shares of the software maker’s stock valued at $17,735,000 after acquiring an additional 161,115 shares in the last quarter. 91.74% of the stock is currently owned by institutional investors and hedge funds.

Alarm.com Stock Performance

Shares of Alarm.com stock opened at $44.38 on Friday. Alarm.com Holdings, Inc. has a fifty-two week low of $41.49 and a fifty-two week high of $59.53. The business’s fifty day moving average is $44.77 and its two-hundred day moving average is $47.27. 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 firm has a market cap of $2.20 billion, a PE ratio of 18.42, a P/E/G ratio of 1.49 and a beta of 0.79.

Alarm.com (NASDAQ:ALRM) last announced its quarterly earnings data on Thursday, May 7th. The software maker reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.05. The business had revenue of $265.19 million during 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 business’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.54 earnings per share. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. Analysts anticipate that Alarm.com Holdings, Inc. will post 2.34 earnings per share for the current year.

Wall Street Analyst Weigh In

ALRM has been the topic of a number of analyst reports. Wall Street Zen lowered Alarm.com from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings restated a “hold (c-)” rating on shares of Alarm.com in a report on Friday, April 24th. Barclays raised their price target on shares of Alarm.com from $50.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Friday, May 8th. Finally, Zacks Research downgraded shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. Three investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $47.50.

Insiders Place Their Bets

In other news, insider Daniel Kerzner sold 3,944 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $43.78, for a total transaction of $172,668.32. Following the transaction, the insider directly owned 101,141 shares in the company, valued at $4,427,952.98. This represents a 3.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Stephen Trundle sold 6,073 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $43.78, for a total transaction of $265,875.94. Following the completion of the sale, the chief executive officer directly owned 324,842 shares in the company, valued at $14,221,582.76. This represents a 1.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 31,169 shares of company stock valued at $1,393,420 in the last quarter. Corporate insiders own 4.80% of the company’s stock.

Alarm.com 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.