Alarm.com (NASDAQ:ALRM) Insider Daniel Kerzner Sells 20,004 Shares

Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider Daniel Kerzner sold 20,004 shares of the company’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $50.29, for a total value of $1,006,001.16. Following the transaction, the insider directly owned 52,000 shares of the company’s stock, valued at approximately $2,615,080. The trade was a 27.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Daniel Kerzner also recently made the following trade(s):

• On Thursday, November 13th, Daniel Kerzner sold 10,000 shares of Alarm.com stock. The shares were sold at an average price of $50.33, for a total transaction of $503,300.00.

Alarm.com Price Performance

NASDAQ:ALRM traded down $0.11 during trading hours on Friday, reaching $50.30. 294,458 shares of the company were exchanged, compared to its average volume of 360,689. The company has a current ratio of 2.06, a quick ratio of 1.92 and a debt-to-equity ratio of 0.59. The firm has a market cap of $2.51 billion, a PE ratio of 21.31, a price-to-earnings-growth ratio of 2.08 and a beta of 1.06. Alarm.com Holdings, Inc. has a twelve month low of $46.65 and a twelve month high of $70.06. The stock’s 50-day moving average is $52.03 and its 200-day moving average is $55.02.

Alarm.com (NASDAQ:ALRM) last released its earnings results on Thursday, November 6th. The software maker reported $0.76 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.14. Alarm.com had a net margin of 12.92% and a return on equity of 14.26%. The business had revenue of $256.40 million during the quarter, compared to analysts’ expectations of $251.14 million. During the same quarter in the previous year, the company earned $0.62 earnings per share. The company’s quarterly revenue was up 6.6% on a year-over-year basis. Alarm.com has set its FY 2025 guidance at 2.530-2.530 EPS. On average, sell-side analysts anticipate that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on ALRM. Weiss Ratings reissued a “hold (c-)” rating on shares of Alarm.com in a report on Thursday, October 30th. Zacks Research cut Alarm.com from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 13th. Finally, Barclays reduced their price objective on Alarm.com from $60.00 to $56.00 and set an “equal weight” rating for the company in a research note on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Alarm.com currently has a consensus rating of “Hold” and an average price target of $64.67.

Hedge Funds Weigh In On Alarm.com

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Disciplined Growth Investors Inc. MN increased its stake in shares of Alarm.com by 3.0% in the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 3,491,824 shares of the software maker’s stock worth $197,532,000 after acquiring an additional 102,481 shares during the last quarter. Geneva Capital Management LLC grew its holdings in shares of Alarm.com by 0.9% in the first quarter. Geneva Capital Management LLC now owns 1,310,216 shares of the software maker’s stock valued at $72,913,000 after purchasing an additional 12,198 shares during the period. Geode Capital Management LLC increased its position in Alarm.com by 1.3% during the second quarter. Geode Capital Management LLC now owns 1,202,312 shares of the software maker’s stock worth $68,024,000 after purchasing an additional 15,821 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Alarm.com by 4.2% during the third quarter. Dimensional Fund Advisors LP now owns 1,080,076 shares of the software maker’s stock worth $57,328,000 after purchasing an additional 43,683 shares during the last quarter. Finally, Burgundy Asset Management Ltd. raised its stake in Alarm.com by 1.4% during the third quarter. Burgundy Asset Management Ltd. now owns 999,208 shares of the software maker’s stock worth $58,584,000 after purchasing an additional 13,326 shares during the period. Institutional investors and hedge funds own 91.74% of the company’s stock.

About Alarm.com

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.