Swedbank AB Has $2.31 Million Holdings in Alarm.com Holdings, Inc. $ALRM

Swedbank AB grew its position in Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 713.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,316 shares of the software maker’s stock after purchasing an additional 39,743 shares during the period. Swedbank AB’s holdings in Alarm.com were worth $2,312,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Arizona State Retirement System increased its position in Alarm.com by 1.5% in the 3rd quarter. Arizona State Retirement System now owns 13,975 shares of the software maker’s stock worth $742,000 after purchasing an additional 210 shares during the last quarter. California State Teachers Retirement System boosted its stake in shares of Alarm.com by 0.5% during the 2nd quarter. California State Teachers Retirement System now owns 43,287 shares of the software maker’s stock worth $2,449,000 after acquiring an additional 226 shares in the last quarter. Cresset Asset Management LLC boosted its stake in shares of Alarm.com by 0.6% during the 3rd quarter. Cresset Asset Management LLC now owns 40,234 shares of the software maker’s stock worth $2,136,000 after acquiring an additional 228 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its stake in shares of Alarm.com by 0.7% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 37,063 shares of the software maker’s stock worth $1,967,000 after acquiring an additional 246 shares in the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of Alarm.com by 22.4% during the 4th quarter. GAMMA Investing LLC now owns 1,361 shares of the software maker’s stock worth $69,000 after acquiring an additional 249 shares in the last quarter. 91.74% of the stock is owned by institutional investors and hedge funds.

Alarm.com Price Performance

Shares of NASDAQ:ALRM opened at $43.90 on Thursday. The business has a 50 day moving average price of $44.33 and a 200 day moving average price of $47.84. Alarm.com Holdings, Inc. has a twelve month low of $41.49 and a twelve month high of $59.98. The company has a market cap of $2.17 billion, a price-to-earnings ratio of 18.22, a PEG ratio of 1.54 and a beta of 0.79. The company has a quick ratio of 4.55, a current ratio of 5.16 and a debt-to-equity ratio of 0.57.

Alarm.com (NASDAQ:ALRM) last announced its earnings results on Thursday, May 7th. The software maker reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.05. Alarm.com had a return on equity of 14.99% and a net margin of 12.36%.The firm had revenue of $265.19 million during the quarter, compared to the consensus estimate of $250.94 million. During the same quarter in the prior year, the company earned $0.54 EPS. The firm’s revenue for the quarter was up 11.1% compared to the same quarter last year. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. Research analysts predict that Alarm.com Holdings, Inc. will post 2.24 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Daniel Kerzner sold 1,915 shares of the stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $43.56, for a total transaction of $83,417.40. Following the completion of the sale, the insider owned 105,085 shares in the company, valued at $4,577,502.60. This represents a 1.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Stephen Trundle sold 2,944 shares of the stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $43.56, for a total value of $128,240.64. Following the sale, the chief executive officer owned 330,915 shares of the company’s stock, valued at approximately $14,414,657.40. The trade was a 0.88% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 7,930 shares of company stock worth $349,070 in the last 90 days. 5.80% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms have recently issued reports on ALRM. Weiss Ratings reiterated a “hold (c-)” rating on shares of Alarm.com in a research note on Friday, April 24th. Zacks Research downgraded Alarm.com from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 25th. Barclays upped their price target on Alarm.com from $50.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Friday, May 8th. Finally, JPMorgan Chase & Co. decreased their price target on Alarm.com from $55.00 to $40.00 and set an “underweight” rating for the company in a research note on Wednesday, February 18th. Three investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $47.50.

About Alarm.com

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.