Insider Selling: Alarm.com (NASDAQ:ALRM) CEO Sells $265,875.94 in Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRMGet Free Report) CEO Stephen Trundle sold 6,073 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $43.78, for a total transaction of $265,875.94. Following the completion of the transaction, the chief executive officer directly owned 324,842 shares of the company’s stock, valued at approximately $14,221,582.76. The trade was a 1.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Stephen Trundle also recently made the following trade(s):

  • On Monday, May 18th, Stephen Trundle sold 2,944 shares of Alarm.com stock. The stock was sold at an average price of $43.56, for a total transaction of $128,240.64.

Alarm.com Price Performance

Shares of NASDAQ ALRM opened at $45.11 on Friday. The firm has a market cap of $2.23 billion, a PE ratio of 18.72, a PEG ratio of 1.51 and a beta of 0.79. The company has a current ratio of 5.16, a quick ratio of 4.55 and a debt-to-equity ratio of 0.57. Alarm.com Holdings, Inc. has a 1-year low of $41.49 and a 1-year high of $59.98. The company has a fifty day moving average price of $44.27 and a 200 day moving average price of $47.79.

Alarm.com (NASDAQ:ALRMGet Free Report) last announced its earnings results on Thursday, May 7th. The software maker reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.05. The firm had revenue of $265.19 million during the quarter, compared to analyst estimates of $250.94 million. Alarm.com had a net margin of 12.36% and a return on equity of 14.99%. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.54 EPS. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. Research analysts predict that Alarm.com Holdings, Inc. will post 2.34 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Alarm.com

Several institutional investors and hedge funds have recently added to or reduced their stakes in ALRM. Bank of Montreal Can lifted its position in Alarm.com by 625.1% during the 4th quarter. Bank of Montreal Can now owns 2,231,227 shares of the software maker’s stock worth $113,837,000 after buying an additional 1,923,525 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Alarm.com by 101,569.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 947,556 shares of the software maker’s stock worth $48,344,000 after buying an additional 946,624 shares in the last quarter. SG Americas Securities LLC lifted its position in Alarm.com by 1,540.0% during the 4th quarter. SG Americas Securities LLC now owns 260,923 shares of the software maker’s stock worth $13,312,000 after buying an additional 245,013 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Alarm.com by 43.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 779,200 shares of the software maker’s stock valued at $33,654,000 after purchasing an additional 237,633 shares during the period. Finally, Nuveen LLC lifted its stake in Alarm.com by 197.3% in the 4th quarter. Nuveen LLC now owns 316,427 shares of the software maker’s stock valued at $16,144,000 after purchasing an additional 209,995 shares during the last quarter. 91.74% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently weighed in on ALRM shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Alarm.com in a research note on Friday, April 24th. JPMorgan Chase & Co. cut their price target on shares of Alarm.com from $55.00 to $40.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 18th. Barclays boosted their price target on shares of Alarm.com from $50.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Friday, May 8th. Finally, Zacks Research cut shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $47.50.

View Our Latest Report on Alarm.com

Alarm.com Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Alarm.com (NASDAQ:ALRM)

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