Insider Selling: Alarm.com (NASDAQ:ALRM) Director Sells $60,319.58 in Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) Director Stephen Evans sold 1,154 shares of the company’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $52.27, for a total value of $60,319.58. Following the completion of the sale, the director owned 6,123 shares of the company’s stock, valued at $320,049.21. This trade represents a 15.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Alarm.com Price Performance

NASDAQ ALRM opened at $53.12 on Friday. The business’s fifty day moving average is $50.73 and its 200 day moving average is $54.13. Alarm.com Holdings, Inc. has a fifty-two week low of $46.65 and a fifty-two week high of $65.76. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.92 and a current ratio of 2.06. The company has a market capitalization of $2.65 billion, a PE ratio of 22.51, a price-to-earnings-growth ratio of 2.00 and a beta of 0.89.

Alarm.com (NASDAQ:ALRM) last posted its quarterly earnings data on Thursday, November 6th. The software maker reported $0.76 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $251.14 million. During the same quarter last year, the company earned $0.62 earnings per share. The business’s revenue for the quarter 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. Sell-side analysts predict that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current year.

Institutional Trading of Alarm.com

A number of institutional investors and hedge funds have recently bought and sold shares of ALRM. Optiver Holding B.V. purchased a new stake in Alarm.com in the 3rd quarter worth $25,000. Strengthening Families & Communities LLC purchased a new stake in shares of Alarm.com in the third quarter worth about $27,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of Alarm.com in the second quarter worth about $43,000. Hantz Financial Services Inc. boosted its stake 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 last quarter. Finally, Pilgrim Partners Asia Pte Ltd purchased a new position in Alarm.com during the 3rd quarter valued at approximately $46,000. 91.74% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on ALRM shares. Barclays dropped their price target on shares of Alarm.com from $60.00 to $56.00 and set an “equal weight” rating for the company in a research report on Friday, November 7th. Zacks Research upgraded shares of Alarm.com from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 14th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Alarm.com in a report on Thursday, October 30th. Two analysts have rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price 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.