Alarm.com Holdings, Inc. (NASDAQ:ALRM) Receives $58.50 Average PT from Brokerages

Shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) have received an average rating of “Hold” from the six analysts that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $57.00.

Several research analysts have recently issued reports on ALRM shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Alarm.com in a research note on Tuesday, January 27th. Zacks Research lowered Alarm.com from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. Barclays lowered their price target on Alarm.com from $56.00 to $50.00 and set an “equal weight” rating on the stock in a report on Friday. Finally, JPMorgan Chase & Co. reduced their price objective on Alarm.com from $55.00 to $40.00 and set an “underweight” rating for the company in a report on Wednesday, February 18th.

Insider Buying and Selling

In other Alarm.com news, Director Stephen C. Evans sold 1,154 shares of Alarm.com stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $52.27, for a total value of $60,319.58. Following the completion of the sale, the director owned 6,123 shares of the company’s stock, valued at approximately $320,049.21. The trade was a 15.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jeffrey A. Bedell sold 22,727 shares of the business’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $51.82, for a total transaction of $1,177,713.14. Following the sale, the insider owned 505,805 shares of the company’s stock, valued at approximately $26,210,815.10. This represents a 4.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 26,154 shares of company stock valued at $1,357,388 over the last quarter. Company insiders own 5.60% of the company’s stock.

Institutional Trading of Alarm.com

Large investors have recently modified their holdings of the company. Yousif Capital Management LLC lifted its holdings in Alarm.com by 1.1% in the second quarter. Yousif Capital Management LLC now owns 18,455 shares of the software maker’s stock valued at $1,044,000 after acquiring an additional 199 shares during the period. Arizona State Retirement System increased its position in shares of Alarm.com by 1.5% during the 3rd quarter. Arizona State Retirement System now owns 13,975 shares of the software maker’s stock valued at $742,000 after purchasing an additional 210 shares during the last quarter. California State Teachers Retirement System lifted its stake in shares of Alarm.com by 0.5% in the 2nd quarter. California State Teachers Retirement System now owns 43,287 shares of the software maker’s stock worth $2,449,000 after purchasing an additional 226 shares during the period. Cresset Asset Management LLC boosted its holdings in shares of Alarm.com by 0.6% in the third quarter. Cresset Asset Management LLC now owns 40,234 shares of the software maker’s stock worth $2,136,000 after buying an additional 228 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. grew its position in Alarm.com by 0.7% during the third quarter. Oppenheimer Asset Management Inc. now owns 37,063 shares of the software maker’s stock valued at $1,967,000 after buying an additional 246 shares during the period. Institutional investors own 91.74% of the company’s stock.

Alarm.com Price Performance

ALRM stock opened at $45.47 on Wednesday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.78 and a current ratio of 1.92. The firm has a 50 day moving average price of $49.37 and a 200-day moving average price of $51.67. Alarm.com has a 52-week low of $43.00 and a 52-week high of $60.76. The firm has a market capitalization of $2.26 billion, a price-to-earnings ratio of 18.48, a PEG ratio of 1.62 and a beta of 0.79.

Alarm.com (NASDAQ:ALRM) last announced its quarterly earnings data on Thursday, February 19th. The software maker reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.06. Alarm.com had a return on equity of 14.79% and a net margin of 13.11%.The business had revenue of $261.66 million during the quarter, compared to analysts’ expectations of $250.75 million. During the same quarter in the previous year, the business earned $0.58 earnings per share. The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. Alarm.com has set its FY 2026 guidance at 2.780-2.790 EPS. Equities research analysts forecast that Alarm.com will post 1.64 EPS for the current fiscal year.

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.