AlarmCom Hldg Inc (NASDAQ:ALRM) insider Stephen Trundle sold 20,000 shares of the business’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $47.18, for a total transaction of $943,600.00. Following the completion of the sale, the insider now directly owns 242,443 shares in the company, valued at approximately $11,438,460.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

ALRM stock traded down $0.59 during trading on Wednesday, reaching $46.80. The company had a trading volume of 305,061 shares, compared to its average volume of 470,566. AlarmCom Hldg Inc has a twelve month low of $40.92 and a twelve month high of $71.50. The company has a market cap of $2.27 billion, a price-to-earnings ratio of 35.73, a price-to-earnings-growth ratio of 3.55 and a beta of 1.38. The firm has a 50-day simple moving average of $49.96 and a 200-day simple moving average of $58.84.

AlarmCom (NASDAQ:ALRM) last posted its quarterly earnings results on Thursday, August 8th. The software maker reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.08. AlarmCom had a net margin of 5.05% and a negative return on equity of 98.00%. The company had revenue of $121.66 million during the quarter, compared to analyst estimates of $109.45 million. During the same period last year, the firm posted $0.34 EPS. AlarmCom’s revenue for the quarter was up 16.4% compared to the same quarter last year. As a group, analysts expect that AlarmCom Hldg Inc will post 1.11 earnings per share for the current year.

Several brokerages recently weighed in on ALRM. Roth Capital reduced their price objective on shares of AlarmCom from $73.00 to $55.00 in a research note on Tuesday, July 16th. First Analysis cut shares of AlarmCom from a “strong-buy” rating to an “outperform” rating and raised their price target for the company from $70.00 to $75.00 in a report on Friday, May 10th. Zacks Investment Research cut shares of AlarmCom from a “buy” rating to a “hold” rating in a report on Wednesday, August 14th. Northland Securities restated a “buy” rating and issued a $73.00 price target on shares of AlarmCom in a report on Friday, May 10th. Finally, Imperial Capital restated an “in-line” rating and issued a $58.00 price target (down from $64.00) on shares of AlarmCom in a report on Tuesday, August 13th. Six equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $67.70.

Institutional investors and hedge funds have recently bought and sold shares of the business. Signaturefd LLC increased its holdings in shares of AlarmCom by 125.0% during the 1st quarter. Signaturefd LLC now owns 450 shares of the software maker’s stock valued at $29,000 after purchasing an additional 250 shares in the last quarter. Icon Wealth Partners LLC purchased a new position in shares of AlarmCom during the 1st quarter valued at approximately $34,000. Pearl River Capital LLC purchased a new position in shares of AlarmCom during the 2nd quarter valued at approximately $38,000. Tower Research Capital LLC TRC purchased a new position in shares of AlarmCom during the 2nd quarter valued at approximately $42,000. Finally, Manchester Capital Management LLC increased its holdings in shares of AlarmCom by 151.3% during the 1st quarter. Manchester Capital Management LLC now owns 691 shares of the software maker’s stock valued at $45,000 after purchasing an additional 416 shares in the last quarter. 96.87% of the stock is owned by institutional investors.

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

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