Alarm.com (NASDAQ:ALRM) Insider Sells $503,300.00 in Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider Daniel Kerzner sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $50.33, for a total value of $503,300.00. Following the transaction, the insider owned 52,000 shares of the company’s stock, valued at $2,617,160. This represents a 16.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Wednesday, November 12th, Daniel Kerzner sold 20,004 shares of Alarm.com stock. The stock was sold at an average price of $50.29, for a total value of $1,006,001.16.

Alarm.com Trading Down 0.2%

NASDAQ:ALRM traded down $0.11 during midday trading on Friday, hitting $50.30. 294,458 shares of the company traded hands, compared to its average volume of 360,689. The company has a current ratio of 2.06, a quick ratio of 1.92 and a debt-to-equity ratio of 0.59. The firm’s fifty day moving average is $52.03 and its 200-day moving average is $55.02. The firm has a market capitalization of $2.51 billion, a P/E ratio of 21.31, a P/E/G ratio of 2.08 and a beta of 1.06. Alarm.com Holdings, Inc. has a 12-month low of $46.65 and a 12-month high of $70.06.

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

Institutional Investors Weigh In On Alarm.com

Several institutional investors have recently added to or reduced their stakes in ALRM. Optiver Holding B.V. acquired a new stake in shares of Alarm.com during the 3rd quarter worth approximately $25,000. Strengthening Families & Communities LLC purchased a new stake in Alarm.com during the third quarter worth $27,000. Elevation Point Wealth Partners LLC acquired a new stake in Alarm.com during the second quarter valued at $43,000. Hantz Financial Services Inc. grew its position in Alarm.com by 2,637.9% during 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 during the period. Finally, Pilgrim Partners Asia Pte Ltd purchased a new position in Alarm.com in the third quarter valued at $46,000. Institutional investors and hedge funds own 91.74% of the company’s stock.

Analysts Set New Price Targets

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

About Alarm.com

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.