Alarm.com (NASDAQ:ALRM) CFO Kevin Christopher Bradley Sells 724 Shares

Alarm.com Holdings, Inc. (NASDAQ:ALRM) CFO Kevin Christopher Bradley sold 724 shares of the business’s stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $48.46, for a total transaction of $35,085.04. Following the completion of the transaction, the chief financial officer directly owned 83,622 shares of the company’s stock, valued at approximately $4,052,322.12. This represents a 0.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Kevin Christopher Bradley also recently made the following trade(s):

• On Wednesday, June 10th, Kevin Christopher Bradley sold 2,200 shares of Alarm.com stock. The stock was sold at an average price of $46.15, for a total transaction of $101,530.00.

Alarm.com Stock Up 2.5%

ALRM stock opened at $49.69 on Friday. The stock has a market capitalization of $2.46 billion, a P/E ratio of 20.62, a PEG ratio of 1.63 and a beta of 0.77. The company has a debt-to-equity ratio of 0.57, a quick ratio of 4.55 and a current ratio of 5.16. Alarm.com Holdings, Inc. has a one year low of $41.49 and a one year high of $59.53. The company has a 50 day moving average price of $44.95 and a two-hundred day moving average price of $46.83.

Alarm.com (NASDAQ:ALRM) last issued its quarterly 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 company had revenue of $265.19 million during the quarter, compared to the consensus estimate of $250.94 million. During the same period in the previous year, the firm posted $0.54 EPS. Alarm.com’s revenue was up 11.1% on a year-over-year basis. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. As a group, sell-side analysts expect that Alarm.com Holdings, Inc. will post 2.34 EPS for the current year.

Wall Street Analysts Forecast Growth

ALRM has been the topic of several recent analyst reports. Barclays increased their target price on Alarm.com from $50.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Friday, May 8th. Zacks Research downgraded shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 25th. Weiss Ratings lowered shares of Alarm.com from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, June 24th. Finally, Wall Street Zen cut shares of Alarm.com from a “buy” rating to a “hold” rating in a research report on Saturday, June 20th. Two equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $47.50.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Covestor Ltd grew its position in Alarm.com by 67.3% during the fourth quarter. Covestor Ltd now owns 691 shares of the software maker’s stock valued at $35,000 after acquiring an additional 278 shares during the period. Financial Management Professionals Inc. acquired a new stake in Alarm.com during the fourth quarter worth about $47,000. Strs Ohio purchased a new position in shares of Alarm.com in the 1st quarter worth about $56,000. Kemnay Advisory Services Inc. purchased a new position in shares of Alarm.com in the 4th quarter worth about $59,000. Finally, GAMMA Investing LLC lifted its stake in shares of Alarm.com by 22.4% in the 4th quarter. GAMMA Investing LLC now owns 1,361 shares of the software maker’s stock valued at $69,000 after purchasing an additional 249 shares in the last quarter. 91.74% of the stock is owned by hedge funds and other institutional investors.

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.