Alarm.com Holdings, Inc. (NASDAQ:ALRM) Stock Has Consensus Target Price of $55.00

Shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) have earned a consensus rating of “Moderate Buy” from the five analysts that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a strong buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $55.00.

Several equities analysts recently commented on ALRM shares. Barclays upped their target price on shares of Alarm.com from $55.00 to $60.00 and gave the company an “equal weight” rating in a research note on Monday, August 10th. Weiss Ratings raised shares of Alarm.com from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 29th. Zacks Research upgraded shares of Alarm.com from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 19th. Raymond James Financial reissued a “strong-buy” rating and set a $65.00 target price on shares of Alarm.com in a research report on Friday, August 7th. Finally, Wall Street Zen raised Alarm.com from a “hold” rating to a “buy” rating in a report on Sunday, August 16th.

Insiders Place Their Bets

In related news, CFO Kevin Bradley sold 5,400 shares of the firm’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $55.07, for a total value of $297,378.00. Following the completion of the transaction, the chief financial officer directly owned 78,222 shares of the company’s stock, valued at $4,307,685.54. This trade represents a 6.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Stephen Trundle sold 50,000 shares of Alarm.com stock in a transaction on Monday, August 24th. The stock was sold at an average price of $57.67, for a total transaction of $2,883,500.00. Following the sale, the chief executive officer owned 324,842 shares in the company, valued at $18,733,638.14. This represents a 13.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 4.80% of the company’s stock.

Institutional Trading of Alarm.com

Several institutional investors have recently made changes to their positions in the business. Bank of New York Mellon Corp acquired a new position in Alarm.com in the second quarter worth about $14,339,000. Louisiana State Employees Retirement System bought a new stake in shares of Alarm.com in the 1st quarter valued at approximately $954,000. American Capital Management Inc. acquired a new position in shares of Alarm.com in the 2nd quarter worth approximately $3,202,000. SG Americas Securities LLC raised its holdings in shares of Alarm.com by 85.3% in the 1st quarter. SG Americas Securities LLC now owns 483,486 shares of the software maker’s stock worth $20,882,000 after buying an additional 222,563 shares in the last quarter. Finally, Winmill & CO. Inc. bought a new position in shares of Alarm.com during the 2nd quarter worth approximately $5,891,000. 91.74% of the stock is currently owned by institutional investors and hedge funds.

Alarm.com Stock Performance

ALRM opened at $54.68 on Friday. The company has a quick ratio of 4.38, a current ratio of 4.96 and a debt-to-equity ratio of 0.57. The stock’s 50 day moving average price is $55.53 and its two-hundred day moving average price is $49.30. The firm has a market capitalization of $2.70 billion, a P/E ratio of 24.19, a price-to-earnings-growth ratio of 1.74 and a beta of 0.76. Alarm.com has a 12-month low of $41.49 and a 12-month high of $58.15.

Alarm.com (NASDAQ:ALRM) last issued its quarterly earnings results on Thursday, August 6th. The software maker reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $0.12. Alarm.com had a return on equity of 15.65% and a net margin of 11.11%.The company had revenue of $277.73 million during the quarter, compared to analyst estimates of $264.96 million. During the same period in the previous year, the company earned $0.60 earnings per share. The company’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. On average, equities analysts forecast that Alarm.com will post 2.47 earnings per share for the current year.

About Alarm.com

Alarm.com Holdings, Inc (NASDAQ: ALRM) provides cloud-based solutions for intelligent security, automation and property management. Its platform connects security systems, cameras, access-control equipment, sensors and other smart devices, allowing users to monitor and manage properties through mobile applications and web-based tools.

The company’s offerings include professionally monitored residential and commercial security, video surveillance and analytics, smart home automation, energy management, access control and solutions for multifamily and other property-management applications.