Vanguard Group Inc. Reduces Position in Alarm.com Holdings, Inc. $ALRM

Vanguard Group Inc. lessened its holdings in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 0.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,232,877 shares of the software maker’s stock after selling 21,735 shares during the period. Vanguard Group Inc. owned 0.12% of Alarm.com worth $330,841,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Disciplined Growth Investors Inc. MN grew its position in shares of Alarm.com by 3.0% in the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 3,491,824 shares of the software maker’s stock valued at $197,532,000 after buying an additional 102,481 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Alarm.com by 1.3% during the second quarter. Geode Capital Management LLC now owns 1,202,312 shares of the software maker’s stock worth $68,024,000 after purchasing an additional 15,821 shares during the last quarter. Burgundy Asset Management Ltd. grew its holdings in shares of Alarm.com by 11.7% during the second quarter. Burgundy Asset Management Ltd. now owns 985,882 shares of the software maker’s stock worth $55,771,000 after purchasing an additional 103,531 shares during the last quarter. Norges Bank acquired a new stake in shares of Alarm.com during the second quarter worth about $33,459,000. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of Alarm.com by 0.5% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 503,252 shares of the software maker’s stock valued at $28,469,000 after purchasing an additional 2,629 shares during the last quarter. Institutional investors and hedge funds own 91.74% of the company’s stock.

Alarm.com Trading Down 1.7%

NASDAQ:ALRM opened at $47.85 on Friday. Alarm.com Holdings, Inc. has a 52-week low of $43.00 and a 52-week high of $60.76. The company has a quick ratio of 1.78, a current ratio of 1.92 and a debt-to-equity ratio of 0.58. The stock has a fifty day simple moving average of $49.08 and a 200-day simple moving average of $51.58. The company has a market capitalization of $2.38 billion, a PE ratio of 19.45, a price-to-earnings-growth ratio of 1.70 and a beta of 0.79.

Alarm.com (NASDAQ:ALRM) last posted its earnings results on Thursday, February 19th. The software maker reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.06. The firm had revenue of $261.66 million during the quarter, compared to the consensus estimate of $250.75 million. Alarm.com had a net margin of 13.11% and a return on equity of 14.79%. The firm’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period last year, the firm posted $0.58 EPS. Alarm.com has set its FY 2026 guidance at 2.780-2.790 EPS. On average, equities research analysts expect that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Jeffrey A. Bedell sold 22,727 shares of Alarm.com stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $51.82, for a total transaction of $1,177,713.14. Following the completion of the sale, the insider owned 505,805 shares in the company, valued at approximately $26,210,815.10. This trade represents a 4.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Stephen C. Evans sold 1,154 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $52.27, for a total transaction of $60,319.58. Following the sale, the director directly owned 6,123 shares in the company, valued at $320,049.21. This represents a 15.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 26,154 shares of company stock worth $1,357,388. 5.80% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have commented on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Alarm.com in a research report on Tuesday, January 27th. Zacks Research raised Alarm.com from a “hold” rating to a “strong-buy” rating in a report on Tuesday. JPMorgan Chase & Co. dropped their price objective on shares of Alarm.com from $55.00 to $40.00 and set an “underweight” rating on the stock in a research note on Wednesday, February 18th. Finally, Barclays cut their price objective on shares of Alarm.com from $56.00 to $50.00 and set an “equal weight” rating for the company in a research report on Friday, February 20th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $57.00.

Alarm.com 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.