Altshuler Shaham Ltd bought a new position in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 774 shares of the software maker’s stock, valued at approximately $43,000.

A number of other institutional investors and hedge funds have also made changes to their positions in ALRM. FMR LLC lifted its position in Alarm.com by 323,590.2% in the first quarter. FMR LLC now owns 297,795 shares of the software maker’s stock valued at $19,327,000 after buying an additional 297,703 shares during the last quarter. Advisor Group Holdings Inc. purchased a new stake in shares of Alarm.com during the first quarter worth approximately $102,000. New York State Teachers Retirement System increased its stake in shares of Alarm.com by 5.9% during the second quarter. New York State Teachers Retirement System now owns 37,324 shares of the software maker’s stock worth $2,419,000 after buying an additional 2,071 shares during the period. First Trust Advisors LP purchased a new stake in shares of Alarm.com during the second quarter worth approximately $1,934,000. Finally, Strs Ohio acquired a new position in Alarm.com in the second quarter valued at approximately $291,000. 90.63% of the stock is currently owned by institutional investors.

Several equities research analysts have recently weighed in on the company. Raymond James increased their price objective on Alarm.com from $70.00 to $75.00 and gave the company a “strong-buy” rating in a report on Friday, November 6th. BidaskClub raised Alarm.com from a “hold” rating to a “buy” rating in a report on Friday, October 23rd. Credit Suisse Group increased their price target on Alarm.com from $64.00 to $67.00 and gave the stock an “outperform” rating in a report on Friday, November 6th. Stifel Nicolaus increased their price target on Alarm.com from $50.00 to $55.00 and gave the stock a “hold” rating in a report on Thursday, August 6th. Finally, Northland Securities reaffirmed a “buy” rating and set a $72.00 price target on shares of Alarm.com in a report on Thursday, August 6th. Four equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. Alarm.com presently has an average rating of “Buy” and a consensus target price of $65.75.

In other news, CEO Stephen Trundle sold 10,000 shares of the firm’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $58.66, for a total value of $586,600.00. Following the completion of the transaction, the chief executive officer now owns 267,741 shares in the company, valued at $15,705,687.06. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Mayo A. Shattuck III sold 17,117 shares of the firm’s stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $55.26, for a total value of $945,885.42. Following the completion of the transaction, the director now owns 67,317 shares of the company’s stock, valued at approximately $3,719,937.42. The disclosure for this sale can be found here. In the last 90 days, insiders sold 202,211 shares of company stock valued at $13,750,836. Company insiders own 20.80% of the company’s stock.

NASDAQ:ALRM opened at $69.46 on Friday. The stock has a fifty day moving average price of $63.12 and a two-hundred day moving average price of $59.83. The stock has a market capitalization of $3.41 billion, a price-to-earnings ratio of 46.62, a PEG ratio of 3.14 and a beta of 0.92. The company has a debt-to-equity ratio of 0.25, a quick ratio of 4.19 and a current ratio of 4.67. Alarm.com Holdings, Inc. has a 1 year low of $32.00 and a 1 year high of $79.38.

Alarm.com (NASDAQ:ALRM) last released its quarterly earnings data on Tuesday, November 10th. The software maker reported $0.49 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.18. Alarm.com had a return on equity of 17.50% and a net margin of 12.64%. The firm had revenue of $158.90 million during the quarter, compared to analysts’ expectations of $129.51 million. During the same quarter in the prior year, the business posted $0.37 earnings per share. Alarm.com’s revenue was up 24.2% compared to the same quarter last year. On average, analysts predict that Alarm.com Holdings, Inc. will post 1.12 EPS for the current year.

About Alarm.com

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, video analytics, secure cloud storage, video alerts, continuous high definition recording, and commercial video surveillance solutions.

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Institutional Ownership by Quarter for Alarm.com (NASDAQ:ALRM)

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