Daniel Ramos Sells 2,532 Shares of Alarm.com (NASDAQ:ALRM) Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider Daniel Ramos sold 2,532 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $43.78, for a total value of $110,850.96. Following the completion of the transaction, the insider owned 63,099 shares of the company’s stock, valued at $2,762,474.22. The trade was a 3.86% decrease in their ownership of the stock. The transaction was disclosed in a filing 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.

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

• On Monday, May 18th, Daniel Ramos sold 1,561 shares of Alarm.com stock. The stock was sold at an average price of $43.56, for a total value of $67,997.16.

Alarm.com Price Performance

ALRM opened at $45.11 on Friday. The stock has a 50-day moving average price of $44.27 and a 200-day moving average price of $47.79. Alarm.com Holdings, Inc. has a 12-month low of $41.49 and a 12-month high of $59.98. 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 has a market capitalization of $2.23 billion, a P/E ratio of 18.72, a PEG ratio of 1.48 and a beta of 0.79.

Alarm.com (NASDAQ:ALRM) last posted its quarterly earnings data on Thursday, May 7th. The software maker reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.05. Alarm.com had a return on equity of 14.99% and a net margin of 12.36%.The firm had revenue of $265.19 million during the quarter, compared to analysts’ expectations of $250.94 million. During the same period in the prior year, the business earned $0.54 EPS. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. Equities analysts predict that Alarm.com Holdings, Inc. will post 2.34 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ALRM. Weiss Ratings reiterated a “hold (c-)” rating on shares of Alarm.com in a report on Friday, April 24th. 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 report on Wednesday, February 18th. Barclays upped their price objective on Alarm.com from $50.00 to $55.00 and gave the stock an “equal weight” rating in a report on Friday, May 8th. Finally, Zacks Research cut Alarm.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. Three research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $47.50.

Institutional Investors Weigh In On Alarm.com

Several institutional investors have recently bought and sold shares of ALRM. Bank of Montreal Can boosted 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 acquiring an additional 1,923,525 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in Alarm.com by 101,569.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 947,556 shares of the software maker’s stock valued at $48,344,000 after acquiring an additional 946,624 shares during the period. SG Americas Securities LLC boosted its holdings in Alarm.com by 1,540.0% during the 4th quarter. SG Americas Securities LLC now owns 260,923 shares of the software maker’s stock valued at $13,312,000 after acquiring an additional 245,013 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in 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 acquiring an additional 237,633 shares during the period. Finally, Nuveen LLC boosted its holdings in Alarm.com by 197.3% during the 4th quarter. Nuveen LLC now owns 316,427 shares of the software maker’s stock valued at $16,144,000 after acquiring an additional 209,995 shares during the period. 91.74% of the stock is currently owned by hedge funds and other institutional investors.

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.