Alarm.com (NASDAQ:ALRM) Stock Moved Down to “Hold” by Zacks Research

Zacks Research downgraded shares of Alarm.com (NASDAQ:ALRM) from a strong-buy rating to a hold rating in a research note published on Tuesday,Zacks reports.

Other equities research analysts have also recently issued reports about the company. Weiss Ratings upgraded Alarm.com from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 29th. Wall Street Zen upgraded shares of Alarm.com from a “hold” rating to a “buy” rating in a research report on Sunday, August 16th. Barclays boosted their price objective on shares of Alarm.com from $55.00 to $60.00 and gave the company an “equal weight” rating in a research note on Monday, August 10th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating and set a $65.00 target price on shares of Alarm.com in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $55.00.

Alarm.com Trading Down 2.5%

NASDAQ:ALRM opened at $54.68 on Tuesday. The company has a market cap of $2.70 billion, a P/E ratio of 24.19, a P/E/G ratio of 1.78 and a beta of 0.76. The stock’s fifty day moving average price is $55.59 and its two-hundred day moving average price is $49.52. Alarm.com has a 1 year low of $41.49 and a 1 year high of $58.15. The company has a debt-to-equity ratio of 0.57, a current ratio of 4.96 and a quick ratio of 4.38.

Alarm.com (NASDAQ:ALRM) last announced its quarterly earnings results on Thursday, August 6th. The software maker reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.12. Alarm.com had a return on equity of 15.65% and a net margin of 11.11%.The company had revenue of $277.73 million during the quarter, compared to analysts’ expectations of $264.96 million. During the same period in the previous year, the business earned $0.60 earnings per share. The firm’s quarterly revenue was up 9.2% compared to the same quarter last year. Alarm.com has set its FY 2026 guidance at 2.920-2.940 EPS. As a group, analysts expect that Alarm.com will post 2.47 EPS for the current year.

Insider Transactions at Alarm.com

In other Alarm.com news, CFO Kevin Bradley sold 5,400 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $55.07, for a total value of $297,378.00. Following the sale, the chief financial officer owned 78,222 shares of the company’s stock, valued at $4,307,685.54. This trade represents a 6.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Stephen Trundle sold 50,000 shares of Alarm.com stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $57.67, for a total value of $2,883,500.00. Following the sale, the chief executive officer owned 324,842 shares of the company’s stock, valued at approximately $18,733,638.14. This trade represents a 13.34% decrease in their position. The SEC filing for this sale provides additional information. 4.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Alarm.com

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC bought a new position in shares of Alarm.com in the 2nd quarter worth $28,000. Allworth Financial LP raised its position in shares of Alarm.com by 435.5% during the 2nd quarter. Allworth Financial LP now owns 980 shares of the software maker’s stock valued at $46,000 after buying an additional 797 shares in the last quarter. Nykredit A S bought a new stake in shares of Alarm.com during the 2nd quarter worth $129,000. Corient Private Wealth LP bought a new stake in shares of Alarm.com during the 2nd quarter worth $214,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Alarm.com during the 2nd quarter worth $234,000. 91.74% of the stock is owned by hedge funds and other institutional investors.

Alarm.com Company Profile

Alarm.com Holdings, Inc (NASDAQ: ALRM) provides cloud-based solutions for intelligent security, automation and property management. Its platform connects security systems, cameras, access-control equipment, sensors and other smart devices, allowing users to monitor and manage properties through mobile applications and web-based tools.

The company’s offerings include professionally monitored residential and commercial security, video surveillance and analytics, smart home automation, energy management, access control and solutions for multifamily and other property-management applications.