AlarmCom Hldg Inc (NASDAQ:ALRM) Director Hugh Panero sold 16,114 shares of AlarmCom stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $37.26, for a total transaction of $600,407.64. Following the completion of the sale, the director now directly owns 58,615 shares of the company’s stock, valued at approximately $2,183,994.90. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

AlarmCom Hldg Inc (ALRM) traded up $0.35 during trading on Friday, reaching $37.16. 800,416 shares of the company’s stock were exchanged, compared to its average volume of 656,672. The firm has a market cap of $1,770.00 and a price-to-earnings ratio of 40.90. The company has a debt-to-equity ratio of -0.81, a quick ratio of 2.88 and a current ratio of 3.16. AlarmCom Hldg Inc has a 52-week low of $26.68 and a 52-week high of $49.49.

AlarmCom (NASDAQ:ALRM) last released its earnings results on Wednesday, November 8th. The software maker reported $0.27 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.07. The firm had revenue of $90.00 million during the quarter, compared to analyst estimates of $83.04 million. AlarmCom had a net margin of 9.97% and a negative return on equity of 42.00%. The business’s revenue was up 32.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.19 EPS. analysts forecast that AlarmCom Hldg Inc will post 0.82 earnings per share for the current year.

Several equities research analysts recently issued reports on the stock. Roth Capital reaffirmed a “buy” rating and issued a $48.00 price objective on shares of AlarmCom in a research note on Friday, September 8th. Northland Securities reaffirmed a “buy” rating and issued a $51.00 price objective on shares of AlarmCom in a research note on Friday, October 13th. Maxim Group reaffirmed a “buy” rating and issued a $57.00 price objective on shares of AlarmCom in a research note on Tuesday, November 21st. Bank of America lifted their price objective on shares of AlarmCom from $46.00 to $55.00 and gave the company a “buy” rating in a research note on Tuesday, October 24th. Finally, Credit Suisse Group reaffirmed an “outperform” rating and issued a $52.00 price objective (up previously from $46.00) on shares of AlarmCom in a research note on Thursday, November 9th. Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. AlarmCom currently has a consensus rating of “Buy” and a consensus target price of $46.90.

Institutional investors have recently added to or reduced their stakes in the business. Schwab Charles Investment Management Inc. lifted its position in AlarmCom by 42.9% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 60,664 shares of the software maker’s stock worth $2,283,000 after acquiring an additional 18,204 shares during the last quarter. Pier Capital LLC acquired a new position in AlarmCom during the 2nd quarter worth $5,916,000. Pictet Asset Management Ltd. acquired a new position in AlarmCom during the 3rd quarter worth $19,427,000. Oak Ridge Investments LLC acquired a new position in AlarmCom during the 2nd quarter worth $19,059,000. Finally, Alliancebernstein L.P. lifted its position in AlarmCom by 107.2% during the 2nd quarter. Alliancebernstein L.P. now owns 28,600 shares of the software maker’s stock worth $1,076,000 after acquiring an additional 14,800 shares during the last quarter. 83.16% of the stock is owned by hedge funds and other institutional investors.

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About AlarmCom

Alarm.com Holdings, Inc is a platform solution for the connected property. The Company offers a suite of cloud-based solutions for the smart home and business, including interactive security, video monitoring, intelligent automation and energy management. The Company operates through two segments: Alarm.com and Other.

Insider Buying and Selling by Quarter for AlarmCom (NASDAQ:ALRM)

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