Alarm.com (NASDAQ:ALRM) Insider Daniel Kerzner Sells 20,004 Shares

Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider Daniel Kerzner sold 20,004 shares of the stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $50.29, for a total transaction of $1,006,001.16. Following the completion of the transaction, the insider directly owned 52,000 shares of the company’s stock, valued at $2,615,080. The trade was a 27.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Thursday, November 13th, Daniel Kerzner sold 10,000 shares of Alarm.com stock. The stock was sold at an average price of $50.33, for a total transaction of $503,300.00.

Alarm.com Stock Performance

Alarm.com stock traded down $0.11 during mid-day trading on Friday, reaching $50.30. 294,458 shares of the company traded hands, compared to its average volume of 360,689. The firm’s fifty day moving average is $52.03 and its two-hundred day moving average is $55.02. The company has a market capitalization of $2.51 billion, a price-to-earnings ratio of 21.31, a price-to-earnings-growth ratio of 2.08 and a beta of 1.06. Alarm.com Holdings, Inc. has a fifty-two week low of $46.65 and a fifty-two week high of $70.06. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.06 and a quick ratio of 1.92.

Alarm.com (NASDAQ:ALRM) last announced its quarterly earnings data on Thursday, November 6th. The software maker reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.14. The firm had revenue of $256.40 million for the quarter, compared to analyst estimates of $251.14 million. Alarm.com had a net margin of 12.92% and a return on equity of 14.26%. The business’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.62 earnings per share. Alarm.com has set its FY 2025 guidance at 2.530-2.530 EPS. On average, equities research analysts expect that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Alarm.com

A number of hedge funds and other institutional investors have recently made changes to their positions in ALRM. Optiver Holding B.V. acquired a new position in shares of Alarm.com in the 3rd quarter valued at $25,000. Strengthening Families & Communities LLC purchased a new position in Alarm.com in the third quarter valued at $27,000. Hantz Financial Services Inc. increased its holdings in Alarm.com by 2,637.9% in the third quarter. Hantz Financial Services Inc. now owns 794 shares of the software maker’s stock valued at $42,000 after buying an additional 765 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new position in shares of Alarm.com in the second quarter worth about $43,000. Finally, Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Alarm.com during the 3rd quarter worth about $46,000. Institutional investors and hedge funds own 91.74% of the company’s stock.

Analyst Upgrades and Downgrades

ALRM has been the subject of several research analyst reports. Zacks Research cut Alarm.com from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 13th. Barclays cut their price target on shares of Alarm.com from $60.00 to $56.00 and set an “equal weight” rating on the stock in a report on Friday, November 7th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Alarm.com in a research report on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $64.67.

Alarm.com Company Profile

Alarm.com Holdings, Inc provides various Internet of Things (IoT) and solutions for residential, multi-family, small business, and enterprise commercial markets in North America and internationally. The company operates through two segments, Alarm.com and Other. It offers solutions to control and monitor security systems, as well as to IoT devices, including door locks, garage doors, thermostats, and video cameras; and video monitoring and analytics solutions, such as video analytics, escalated events, video doorbells, intelligent integration, live streaming, secure cloud storage, and video alerts.