AlarmCom (NASDAQ:ALRM) had its target price upped by Credit Suisse Group from $52.00 to $57.00 in a research report sent to investors on Wednesday morning, MarketBeat.com reports. The firm currently has an outperform rating on the software maker’s stock.

Several other analysts have also issued reports on ALRM. First Analysis set a $52.00 target price on shares of AlarmCom and gave the stock a buy rating in a research note on Tuesday, April 17th. BidaskClub upgraded shares of AlarmCom from a buy rating to a strong-buy rating in a research report on Wednesday, April 18th. Zacks Investment Research lowered shares of AlarmCom from a strong-buy rating to a hold rating in a research report on Tuesday, May 1st. ValuEngine upgraded shares of AlarmCom from a hold rating to a buy rating in a research report on Wednesday, May 2nd. Finally, Maxim Group restated a buy rating and set a $59.00 price target on shares of AlarmCom in a research report on Friday, May 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company. AlarmCom currently has an average rating of Buy and a consensus price target of $49.75.

AlarmCom opened at $50.28 on Wednesday, according to MarketBeat.com. AlarmCom has a 1 year low of $33.39 and a 1 year high of $52.60. The company has a debt-to-equity ratio of -1.08, a current ratio of 4.25 and a quick ratio of 4.32. The firm has a market capitalization of $2.34 billion, a PE ratio of 66.16, a PEG ratio of 3.01 and a beta of 1.16.

AlarmCom (NASDAQ:ALRM) last posted its earnings results on Tuesday, August 7th. The software maker reported $0.34 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.22 by $0.12. AlarmCom had a net margin of 9.75% and a negative return on equity of 64.90%. The firm had revenue of $104.49 million during the quarter, compared to analyst estimates of $94.72 million. analysts forecast that AlarmCom will post 1 earnings per share for the current fiscal year.

In other AlarmCom news, CEO Stephen Trundle sold 15,000 shares of the company’s stock in a transaction dated Friday, June 15th. The shares were sold at an average price of $45.51, for a total transaction of $682,650.00. Following the sale, the chief executive officer now directly owns 204,691 shares of the company’s stock, valued at $9,315,487.41. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Daniel Kerzner sold 10,000 shares of the company’s stock in a transaction dated Wednesday, August 8th. The shares were sold at an average price of $49.66, for a total transaction of $496,600.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 434,294 shares of company stock valued at $18,916,590. 37.10% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. We Are One Seven LLC lifted its holdings in AlarmCom by 372.4% during the first quarter. We Are One Seven LLC now owns 2,773 shares of the software maker’s stock valued at $105,000 after purchasing an additional 2,186 shares during the last quarter. Balter Liquid Alternatives LLC purchased a new stake in AlarmCom during the first quarter valued at about $119,000. Mount Yale Investment Advisors LLC purchased a new stake in AlarmCom during the first quarter valued at about $138,000. Optimum Investment Advisors purchased a new stake in AlarmCom during the first quarter valued at about $189,000. Finally, Amalgamated Bank purchased a new stake in AlarmCom during the second quarter valued at about $200,000. 92.44% of the stock is currently owned by institutional investors and hedge funds.

AlarmCom Company Profile

Alarm.com Holdings, Inc provides cloud-based software platform solutions for smart residential and commercial properties in the United States and internationally. The company provides interactive security solutions to control and monitor their security systems, as well as connected security devices, including door locks, motion sensors, thermostats, garage doors, and video cameras; and high definition video monitoring solutions, such as live streaming, smart clip capture, secure cloud storage, video alerts, continuous HD recording, and commercial video surveillance solutions.

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Analyst Recommendations for AlarmCom (NASDAQ:ALRM)

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