Shares of AlarmCom Hldg Inc (NASDAQ:ALRM) have been assigned an average recommendation of “Buy” from the twelve brokerages that are currently covering the stock, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $47.00.

Several analysts recently issued reports on ALRM shares. Roth Capital restated a “buy” rating and issued a $48.00 price objective on shares of AlarmCom in a report on Friday, September 8th. William Blair restated an “outperform” rating on shares of AlarmCom in a report on Thursday, September 21st. Jefferies Group started coverage on shares of AlarmCom in a report on Friday, October 6th. They issued a “hold” rating and a $43.00 price objective on the stock. Zacks Investment Research lowered shares of AlarmCom from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 10th. Finally, Northland Securities restated a “buy” rating and issued a $51.00 price objective on shares of AlarmCom in a report on Friday, October 13th.

In other AlarmCom news, insider David Hutz sold 3,500 shares of AlarmCom stock in a transaction dated Tuesday, October 10th. The stock was sold at an average price of $47.73, for a total value of $167,055.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Stephen Trundle sold 30,000 shares of AlarmCom stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $43.77, for a total value of $1,313,100.00. Following the completion of the transaction, the chief executive officer now directly owns 222,191 shares of the company’s stock, valued at $9,725,300.07. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 274,064 shares of company stock valued at $11,831,394. 78.50% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in shares of AlarmCom by 14.2% during the first quarter. Vanguard Group Inc. now owns 638,182 shares of the software maker’s stock worth $19,618,000 after buying an additional 79,291 shares in the last quarter. Geode Capital Management LLC grew its position in shares of AlarmCom by 22.8% during the first quarter. Geode Capital Management LLC now owns 125,603 shares of the software maker’s stock worth $3,861,000 after buying an additional 23,299 shares in the last quarter. Morgan Stanley grew its position in shares of AlarmCom by 196.8% during the first quarter. Morgan Stanley now owns 101,419 shares of the software maker’s stock worth $3,118,000 after buying an additional 67,244 shares in the last quarter. Schwab Charles Investment Management Inc. grew its position in shares of AlarmCom by 6.9% during the first quarter. Schwab Charles Investment Management Inc. now owns 42,460 shares of the software maker’s stock worth $1,306,000 after buying an additional 2,736 shares in the last quarter. Finally, Credit Suisse AG grew its position in shares of AlarmCom by 60.2% during the first quarter. Credit Suisse AG now owns 27,677 shares of the software maker’s stock worth $851,000 after buying an additional 10,405 shares in the last quarter. 83.16% of the stock is owned by institutional investors.

Shares of AlarmCom (NASDAQ:ALRM) opened at $36.81 on Friday. The stock has a market cap of $1,730.05, a PE ratio of 40.78, a P/E/G ratio of 3.15 and a beta of 1.27. AlarmCom has a fifty-two week low of $26.68 and a fifty-two week high of $49.49. The company has a debt-to-equity ratio of -0.81, a current ratio of 3.16 and a quick ratio of 2.88.

AlarmCom (NASDAQ:ALRM) last issued its quarterly earnings data on Wednesday, November 8th. The software maker reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.07. The firm had revenue of $90.00 million for 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%. AlarmCom’s revenue was up 32.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.19 EPS. equities analysts predict that AlarmCom will post 0.82 earnings per share for the current year.

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AlarmCom Company Profile

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.

Analyst Recommendations for AlarmCom (NASDAQ:ALRM)

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