Alarm.com Holdings, Inc. $ALRM Shares Sold by Riverbridge Partners LLC

Riverbridge Partners LLC lowered its stake in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 18.0% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 592,854 shares of the software maker’s stock after selling 130,507 shares during the period. Riverbridge Partners LLC’s holdings in Alarm.com were worth $25,605,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in Alarm.com by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 6,286,541 shares of the software maker’s stock valued at $320,739,000 after purchasing an additional 53,664 shares during the period. Disciplined Growth Investors Inc. MN boosted its position in shares of Alarm.com by 3.0% during the second quarter. Disciplined Growth Investors Inc. MN now owns 3,491,824 shares of the software maker’s stock worth $197,532,000 after buying an additional 102,481 shares during the period. Bank of Montreal Can boosted its position in shares of Alarm.com by 625.1% during the fourth 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 during the period. Geode Capital Management LLC grew its stake in shares of Alarm.com by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 1,219,732 shares of the software maker’s stock valued at $62,239,000 after buying an additional 7,454 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Alarm.com by 2.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,105,735 shares of the software maker’s stock valued at $56,417,000 after buying an additional 25,659 shares in the last quarter. Institutional investors and hedge funds own 91.74% of the company’s stock.

Insider Buying and Selling

In other news, insider Daniel Kerzner sold 3,944 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $43.78, for a total transaction of $172,668.32. Following the completion of the transaction, the insider directly owned 101,141 shares of the company’s stock, valued at approximately $4,427,952.98. The trade was a 3.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Kevin Christopher Bradley sold 2,200 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $46.15, for a total transaction of $101,530.00. Following the sale, the chief financial officer owned 84,346 shares in the company, valued at $3,892,567.90. The trade was a 2.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 31,169 shares of company stock worth $1,393,420 over the last 90 days. 4.80% of the stock is currently owned by company insiders.

Alarm.com Stock Performance

NASDAQ:ALRM opened at $43.08 on Wednesday. Alarm.com Holdings, Inc. has a 52 week low of $41.49 and a 52 week high of $59.53. The company has a fifty day simple moving average of $44.78 and a two-hundred day simple moving average of $47.12. The company has a quick ratio of 4.55, a current ratio of 5.16 and a debt-to-equity ratio of 0.57. The company has a market cap of $2.13 billion, a price-to-earnings ratio of 17.88, a price-to-earnings-growth ratio of 1.46 and a beta of 0.79.

Alarm.com (NASDAQ:ALRM) last announced its quarterly earnings data on Thursday, May 7th. The software maker reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.05. The business had revenue of $265.19 million for the quarter, compared to analysts’ expectations of $250.94 million. Alarm.com had a return on equity of 14.99% and a net margin of 12.36%.The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period last year, the firm earned $0.54 earnings per share. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. As a group, equities analysts anticipate that Alarm.com Holdings, Inc. will post 2.34 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

ALRM has been the topic of several research reports. Wall Street Zen lowered Alarm.com from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Alarm.com in a research report on Friday, April 24th. 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 note 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 investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus 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.