Alarm.com (NASDAQ:ALRM) Insider Sells $369,840.00 in Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider Daniel Ramos sold 8,000 shares of the firm’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $46.23, for a total value of $369,840.00. Following the completion of the sale, the insider owned 55,099 shares in the company, valued at $2,547,226.77. The trade was a 12.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Daniel Ramos also recently made the following trade(s):

• On Friday, June 12th, Daniel Ramos sold 2,000 shares of Alarm.com stock. The shares were sold at an average price of $46.50, for a total transaction of $93,000.00.
• On Tuesday, May 26th, Daniel Ramos sold 2,532 shares of Alarm.com stock. The shares were sold at an average price of $43.78, for a total transaction of $110,850.96.
• On Monday, May 18th, Daniel Ramos sold 1,561 shares of Alarm.com stock. The shares were sold at an average price of $43.56, for a total transaction of $67,997.16.

Alarm.com Price Performance

Shares of NASDAQ ALRM opened at $46.65 on Monday. Alarm.com Holdings, Inc. has a fifty-two week low of $41.49 and a fifty-two week high of $59.53. The firm’s 50-day simple moving average is $44.67 and its 200 day simple moving average is $47.48. The company has a quick ratio of 4.55, a current ratio of 5.16 and a debt-to-equity ratio of 0.57. The stock has a market cap of $2.31 billion, a P/E ratio of 19.36, a P/E/G ratio of 1.56 and a beta of 0.79.

Alarm.com (NASDAQ:ALRM) last issued 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. 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 for the quarter, compared to analysts’ expectations of $250.94 million. During the same period in the previous year, the business earned $0.54 earnings per share. The company’s revenue was up 11.1% on a year-over-year basis. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. Equities analysts expect that Alarm.com Holdings, Inc. will post 2.34 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on ALRM shares. Wall Street Zen upgraded shares of Alarm.com from a “hold” rating to a “buy” rating in a research note on Saturday, June 6th. JPMorgan Chase & Co. cut 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. Zacks Research cut shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 25th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Alarm.com in a report on Friday, April 24th. Finally, Barclays lifted their target price on Alarm.com from $50.00 to $55.00 and gave the stock an “equal weight” rating in a report on Friday, May 8th. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Alarm.com presently has a consensus rating of “Reduce” and a consensus target price of $47.50.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Optiver Holding B.V. acquired a new position in Alarm.com during the third quarter worth about $25,000. Covestor Ltd grew its holdings in Alarm.com by 67.3% during the fourth quarter. Covestor Ltd now owns 691 shares of the software maker’s stock worth $35,000 after acquiring an additional 278 shares during the period. Hantz Financial Services Inc. grew its holdings in Alarm.com by 2,637.9% during the third quarter. Hantz Financial Services Inc. now owns 794 shares of the software maker’s stock worth $42,000 after acquiring an additional 765 shares during the period. Financial Management Professionals Inc. acquired a new position in Alarm.com during the fourth quarter worth about $47,000. Finally, Strs Ohio acquired a new position in Alarm.com during the first quarter worth about $56,000. 91.74% of the stock is owned by institutional investors and hedge funds.

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.