Daniel Kerzner Sells 1,915 Shares of Alarm.com (NASDAQ:ALRM) Stock

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

Alarm.com Price Performance

Shares of NASDAQ:ALRM opened at $43.72 on Friday. The company has a current ratio of 5.16, a quick ratio of 4.55 and a debt-to-equity ratio of 0.57. The stock’s fifty day simple moving average is $44.59 and its two-hundred day simple moving average is $47.96. Alarm.com Holdings, Inc. has a 1-year low of $41.49 and a 1-year high of $59.98. The stock has a market cap of $2.16 billion, a PE ratio of 18.14, a price-to-earnings-growth ratio of 1.54 and a beta of 0.79.

Alarm.com (NASDAQ:ALRM) last issued its quarterly earnings data on Thursday, May 7th. The software maker reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.05. Alarm.com had a return on equity of 14.99% and a net margin of 12.36%.The business had revenue of $265.19 million for the quarter, compared to analysts’ expectations of $250.94 million. During the same period last year, the business earned $0.54 EPS. The business’s revenue was up 11.1% on a year-over-year basis. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. As a group, analysts forecast that Alarm.com Holdings, Inc. will post 2.24 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. decreased their target price 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. Zacks Research lowered Alarm.com from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Alarm.com in a research report on Friday, April 24th. Finally, Barclays raised their target price on Alarm.com from $50.00 to $55.00 and gave the company an “equal weight” rating in a research report on Friday, May 8th. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Alarm.com currently has a consensus rating of “Reduce” and an average price target of $47.50.

Institutional Investors Weigh In On Alarm.com

Several large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in Alarm.com by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 6,286,541 shares of the software maker’s stock worth $320,739,000 after acquiring an additional 53,664 shares during the last quarter. Disciplined Growth Investors Inc. MN grew its holdings in Alarm.com by 3.0% during the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 3,491,824 shares of the software maker’s stock valued at $197,532,000 after buying an additional 102,481 shares in the last quarter. Bank of Montreal Can grew its holdings in Alarm.com by 625.1% during 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. Geode Capital Management LLC grew its holdings in Alarm.com by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 1,219,732 shares of the software maker’s stock valued at $62,239,000 after buying an additional 7,454 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Alarm.com by 1.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,117,359 shares of the software maker’s stock valued at $48,257,000 after buying an additional 11,624 shares in the last quarter. Hedge funds and other institutional investors own 91.74% of the company’s stock.

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.