LSV Asset Management Boosts Stock Holdings in Alarm.com Holdings, Inc. $ALRM

LSV Asset Management raised its holdings in Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 95.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 119,400 shares of the software maker’s stock after acquiring an additional 58,300 shares during the period. LSV Asset Management’s holdings in Alarm.com were worth $6,092,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently modified their holdings of the company. AlphaQuest LLC bought a new position in shares of Alarm.com in the third quarter valued at approximately $2,313,000. Hussman Strategic Advisors Inc. bought a new position in shares of Alarm.com in the third quarter valued at approximately $2,229,000. Swedbank AB boosted its position in shares of Alarm.com by 713.1% in the fourth quarter. Swedbank AB now owns 45,316 shares of the software maker’s stock valued at $2,312,000 after acquiring an additional 39,743 shares during the period. Vanguard Group Inc. boosted its position in shares of Alarm.com by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 6,286,541 shares of the software maker’s stock valued at $320,739,000 after acquiring an additional 53,664 shares during the period. Finally, Public Sector Pension Investment Board boosted its position in shares of Alarm.com by 7.3% in the third quarter. Public Sector Pension Investment Board now owns 348,186 shares of the software maker’s stock valued at $18,482,000 after acquiring an additional 23,675 shares during the period. Hedge funds and other institutional investors own 91.74% of the company’s stock.

Insider Activity at Alarm.com

In other Alarm.com news, CFO Kevin Christopher Bradley sold 1,510 shares of Alarm.com stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $45.97, for a total transaction of $69,414.70. Following the completion of the sale, the chief financial officer directly owned 51,546 shares in the company, valued at $2,369,569.62. The trade was a 2.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Stephen Trundle sold 2,944 shares of Alarm.com stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $43.56, for a total transaction of $128,240.64. Following the sale, the chief executive officer owned 330,915 shares of the company’s stock, valued at approximately $14,414,657.40. The trade was a 0.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 7,930 shares of company stock valued at $349,070. Company insiders own 5.60% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Alarm.com Trading Up 0.2%

Shares of Alarm.com stock opened at $43.88 on Wednesday. Alarm.com Holdings, Inc. has a 1 year low of $41.49 and a 1 year high of $59.98. The firm has a market cap of $2.17 billion, a PE ratio of 18.21, a PEG ratio of 1.53 and a beta of 0.79. The company has a debt-to-equity ratio of 0.57, a current ratio of 5.16 and a quick ratio of 4.55. The company has a 50 day simple moving average of $44.37 and a two-hundred day simple moving average of $47.87.

Alarm.com (NASDAQ:ALRM) last announced its earnings results on Thursday, May 7th. The software maker reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.05. Alarm.com had a net margin of 12.36% and a return on equity of 14.99%. The business had revenue of $265.19 million during the quarter, compared to analyst estimates of $250.94 million. During the same period in the previous year, the business posted $0.54 earnings per share. Alarm.com’s revenue for the quarter was up 11.1% on a year-over-year basis. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. Analysts expect that Alarm.com Holdings, Inc. will post 2.24 earnings per share for the current fiscal year.

About Alarm.com

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.