SG Americas Securities LLC Raises Stock Holdings in Alarm.com Holdings, Inc. $ALRM

SG Americas Securities LLC boosted its position in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 1,540.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 260,923 shares of the software maker’s stock after acquiring an additional 245,013 shares during the quarter. SG Americas Securities LLC’s holdings in Alarm.com were worth $13,312,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. AlphaQuest LLC purchased a new position in Alarm.com during the 3rd quarter worth approximately $2,313,000. Cresset Asset Management LLC purchased a new stake in shares of Alarm.com in the 2nd quarter valued at $2,263,000. Hussman Strategic Advisors Inc. purchased a new stake in shares of Alarm.com in the 3rd quarter valued at $2,229,000. Public Sector Pension Investment Board increased its stake in shares of Alarm.com by 7.3% in the third quarter. Public Sector Pension Investment Board now owns 348,186 shares of the software maker’s stock worth $18,482,000 after acquiring an additional 23,675 shares during the period. Finally, LSV Asset Management raised its holdings in shares of Alarm.com by 160.0% during the third quarter. LSV Asset Management now owns 61,100 shares of the software maker’s stock worth $3,243,000 after purchasing an additional 37,600 shares during the last quarter. 91.74% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on ALRM shares. Zacks Research downgraded shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Alarm.com in a research report on Tuesday, January 27th. Barclays reduced their price objective on Alarm.com from $56.00 to $50.00 and set an “equal weight” rating for the company in a research note on Friday, February 20th. Finally, JPMorgan Chase & Co. lowered their target price on Alarm.com from $55.00 to $40.00 and set an “underweight” rating on the stock in a research note on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Alarm.com has a consensus rating of “Hold” and a consensus target price of $57.00.

Insider Transactions at Alarm.com

In other Alarm.com news, CFO Kevin Christopher Bradley sold 1,510 shares of Alarm.com stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $45.97, for a total transaction of $69,414.70. Following the sale, the chief financial officer owned 51,546 shares of the company’s stock, valued at $2,369,569.62. The trade was a 2.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 5.80% of the stock is currently owned by company insiders.

Alarm.com Price Performance

NASDAQ:ALRM opened at $42.49 on Friday. The stock has a 50 day moving average of $47.15 and a two-hundred day moving average of $50.05. Alarm.com Holdings, Inc. has a 12 month low of $41.50 and a 12 month high of $60.76. The firm has a market cap of $2.11 billion, a P/E ratio of 17.27, a price-to-earnings-growth ratio of 1.49 and a beta of 0.80. The company has a current ratio of 1.92, a quick ratio of 1.78 and a debt-to-equity ratio of 0.58.

Alarm.com (NASDAQ:ALRM) last released its earnings results on Thursday, February 19th. The software maker reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.06. Alarm.com had a return on equity of 14.79% and a net margin of 13.11%.The business had revenue of $261.66 million for the quarter, compared to the consensus estimate of $250.75 million. During the same quarter last year, the business posted $0.58 earnings per share. The business’s quarterly revenue was up 8.1% compared to the same quarter last year. Alarm.com has set its FY 2026 guidance at 2.780-2.790 EPS. On average, analysts expect that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current fiscal year.

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.