Stephen Trundle Sells 2,944 Shares of Alarm.com (NASDAQ:ALRM) Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) CEO Stephen Trundle sold 2,944 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $43.56, for a total value of $128,240.64. Following the transaction, the chief executive officer owned 330,915 shares of the company’s stock, valued at $14,414,657.40. The trade was a 0.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Alarm.com Stock Performance

Shares of ALRM stock traded up $0.57 on Wednesday, hitting $44.04. 368,384 shares of the stock were exchanged, compared to its average volume of 458,030. The company has a current ratio of 5.16, a quick ratio of 4.55 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $2.18 billion, a PE ratio of 18.27, a P/E/G ratio of 1.53 and a beta of 0.79. Alarm.com Holdings, Inc. has a one year low of $41.49 and a one year high of $59.98. The firm’s 50 day moving average is $44.81 and its two-hundred day moving average is $48.04.

Alarm.com (NASDAQ:ALRM) last issued its quarterly earnings data on Thursday, May 7th. The software maker reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.05. The business had revenue of $265.19 million for the quarter, compared to analysts’ expectations of $250.94 million. Alarm.com had a return on equity of 14.99% and a net margin of 12.36%.The firm’s quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.54 EPS. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. Sell-side analysts expect that Alarm.com Holdings, Inc. will post 2.24 earnings per share for the current fiscal year.

Institutional Trading of Alarm.com

Several institutional investors and hedge funds have recently modified their holdings of the business. Arizona State Retirement System raised its holdings in shares of Alarm.com by 1.5% in the 3rd quarter. Arizona State Retirement System now owns 13,975 shares of the software maker’s stock valued at $742,000 after acquiring an additional 210 shares in the last quarter. California State Teachers Retirement System raised its holdings in shares of Alarm.com by 0.5% in the 2nd quarter. California State Teachers Retirement System now owns 43,287 shares of the software maker’s stock valued at $2,449,000 after acquiring an additional 226 shares in the last quarter. Cresset Asset Management LLC raised its holdings in shares of Alarm.com by 0.6% in the 3rd quarter. Cresset Asset Management LLC now owns 40,234 shares of the software maker’s stock valued at $2,136,000 after acquiring an additional 228 shares in the last quarter. Oppenheimer Asset Management Inc. raised its holdings in shares of Alarm.com by 0.7% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 37,063 shares of the software maker’s stock valued at $1,967,000 after acquiring an additional 246 shares in the last quarter. Finally, GAMMA Investing LLC raised its holdings in shares of Alarm.com by 22.4% in the 4th quarter. GAMMA Investing LLC now owns 1,361 shares of the software maker’s stock valued at $69,000 after acquiring an additional 249 shares in the last quarter. Hedge funds and other institutional investors own 91.74% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on ALRM. Barclays increased their price objective on Alarm.com from $50.00 to $55.00 and gave the stock an “equal weight” rating in a report on Friday, May 8th. JPMorgan Chase & Co. dropped their price objective on Alarm.com from $55.00 to $40.00 and set an “underweight” rating on the stock in a report on Wednesday, February 18th. Zacks Research cut Alarm.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Alarm.com in a report on Friday, April 24th. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $47.50.

Alarm.com Company Profile

Alarm.com Holdings, Inc provides a cloud-based software platform for connected properties, enabling residential and commercial customers to monitor, manage and control security, energy and home automation solutions. The company’s interactive services connect security systems, smart thermostats, door locks, lights and video cameras through cellular, broadband and Z-Wave networks, offering real-time alerts and remote access via mobile and web applications.

Through its platform, Alarm.com delivers an integrated suite of products that includes intrusion detection, video monitoring and cloud recording, energy management features such as smart thermostat scheduling, and home automation controls for lighting, garage doors and connected appliances.