Alarm.com (NASDAQ:ALRM) CEO Stephen Trundle Sells 2,944 Shares

Alarm.com Holdings, Inc. (NASDAQ:ALRM) CEO Stephen Trundle sold 2,944 shares of the firm’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $43.56, for a total value of $128,240.64. Following the transaction, the chief executive officer directly owned 330,915 shares in the company, valued at approximately $14,414,657.40. This represents a 0.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Alarm.com Price Performance

Shares of NASDAQ ALRM traded up $0.57 during trading hours on Wednesday, reaching $44.04. 368,384 shares of the stock traded hands, compared to its average volume of 458,030. The company has a market capitalization of $2.18 billion, a P/E ratio of 18.27, a price-to-earnings-growth ratio of 1.53 and a beta of 0.79. The company has a quick ratio of 4.55, a current ratio of 5.16 and a debt-to-equity ratio of 0.57. Alarm.com Holdings, Inc. has a 52-week low of $41.49 and a 52-week high of $59.98. The company’s 50-day simple moving average is $44.81 and its two-hundred day simple moving average is $48.04.

Alarm.com (NASDAQ:ALRM) last announced its quarterly earnings data on Thursday, May 7th. The software maker reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.05. The company 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%.Alarm.com’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period last year, the firm posted $0.54 EPS. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. Equities research analysts forecast that Alarm.com Holdings, Inc. will post 2.24 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Barclays raised their price objective on Alarm.com from $50.00 to $55.00 and gave the company an “equal weight” rating in a report on Friday, May 8th. JPMorgan Chase & Co. decreased their price objective on Alarm.com from $55.00 to $40.00 and set an “underweight” rating on the stock in a report on Wednesday, February 18th. Zacks Research cut Alarm.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Alarm.com in a research report on Friday, April 24th. Three equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Alarm.com has an average rating of “Reduce” and an average price target of $47.50.

Hedge Funds Weigh In On Alarm.com

Several institutional investors and hedge funds have recently bought and sold shares of ALRM. Amundi grew its position in shares of Alarm.com by 6.8% in the 1st quarter. Amundi now owns 17,532 shares of the software maker’s stock worth $920,000 after buying an additional 1,113 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Alarm.com by 7.8% in the 1st quarter. AQR Capital Management LLC now owns 59,005 shares of the software maker’s stock worth $3,284,000 after buying an additional 4,246 shares during the last quarter. Woodline Partners LP bought a new stake in shares of Alarm.com in the 1st quarter worth approximately $514,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Alarm.com by 4.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 131,200 shares of the software maker’s stock worth $7,301,000 after buying an additional 6,080 shares during the last quarter. Finally, Jane Street Group LLC grew its position in shares of Alarm.com by 610.0% in the 1st quarter. Jane Street Group LLC now owns 114,715 shares of the software maker’s stock worth $6,384,000 after buying an additional 98,557 shares during the last quarter. 91.74% of the stock is currently owned by 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.