Insider Selling: Alarm.com (NASDAQ:ALRM) CFO Sells 5,400 Shares of Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRMGet Free Report) CFO Kevin Christopher Bradley sold 5,400 shares of the stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $55.07, for a total transaction of $297,378.00. Following the completion of the transaction, the chief financial officer owned 78,222 shares in the company, valued at $4,307,685.54. This represents a 6.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • On Thursday, July 2nd, Kevin Christopher Bradley sold 724 shares of Alarm.com stock. The stock was sold at an average price of $48.46, for a total transaction of $35,085.04.
  • On Wednesday, June 10th, Kevin Christopher Bradley sold 2,200 shares of Alarm.com stock. The stock was sold at an average price of $46.15, for a total transaction of $101,530.00.

Alarm.com Stock Down 0.4%

Shares of NASDAQ ALRM traded down $0.22 during mid-day trading on Friday, reaching $55.57. The company had a trading volume of 394,546 shares, compared to its average volume of 478,049. The company has a current ratio of 4.96, a quick ratio of 4.38 and a debt-to-equity ratio of 0.57. The firm has a 50 day simple moving average of $50.37 and a two-hundred day simple moving average of $47.29. The stock has a market cap of $2.75 billion, a P/E ratio of 24.59, a PEG ratio of 1.86 and a beta of 0.76. Alarm.com Holdings, Inc. has a 52-week low of $41.49 and a 52-week high of $59.53.

Alarm.com (NASDAQ:ALRMGet Free Report) last announced its quarterly earnings results on Thursday, August 6th. The software maker reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.12. Alarm.com had a net margin of 11.11% and a return on equity of 15.65%. The firm had revenue of $277.73 million during the quarter, compared to analysts’ expectations of $264.96 million. During the same period in the previous year, the company earned $0.60 earnings per share. Alarm.com’s quarterly revenue was up 9.2% compared to the same quarter last year. Alarm.com has set its FY 2026 guidance at 2.920-2.940 EPS. Sell-side analysts predict that Alarm.com Holdings, Inc. will post 2.34 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in ALRM. Covestor Ltd boosted its holdings in Alarm.com by 67.3% in the 4th quarter. Covestor Ltd now owns 691 shares of the software maker’s stock valued at $35,000 after purchasing an additional 278 shares in the last quarter. Financial Management Professionals Inc. purchased a new position in Alarm.com in the fourth quarter worth $47,000. Strs Ohio acquired a new stake in Alarm.com in the first quarter valued at $56,000. Kemnay Advisory Services Inc. acquired a new position in shares of Alarm.com during the 4th quarter worth $59,000. Finally, Danske Bank A S purchased a new position in shares of Alarm.com in the 4th quarter valued at about $92,000. 91.74% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Weiss Ratings upgraded Alarm.com from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 29th. Barclays lifted their target price on shares of Alarm.com from $55.00 to $60.00 and gave the company an “equal weight” rating in a report on Monday. Wall Street Zen cut shares of Alarm.com from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Finally, Raymond James Financial restated a “strong-buy” rating and issued a $65.00 price target on shares of Alarm.com in a research report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $55.00.

Get Our Latest Report on ALRM

Alarm.com Company Profile

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Alarm.com (NASDAQ:ALRM)

Receive News & Ratings for Alarm.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alarm.com and related companies with MarketBeat.com's FREE daily email newsletter.