Principal Financial Group Inc. Acquires 14,967 Shares of Alarm.com Holdings, Inc. $ALRM

Principal Financial Group Inc. increased its stake in Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 5.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 300,204 shares of the software maker’s stock after acquiring an additional 14,967 shares during the period. Principal Financial Group Inc.’s holdings in Alarm.com were worth $12,966,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Alarm.com by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 6,286,541 shares of the software maker’s stock valued at $320,739,000 after buying an additional 53,664 shares during the period. Disciplined Growth Investors Inc. MN lifted its stake in shares of Alarm.com by 3.0% during the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 3,491,824 shares of the software maker’s stock worth $197,532,000 after acquiring an additional 102,481 shares during the last quarter. Bank of Montreal Can boosted its holdings in Alarm.com by 625.1% during the 4th quarter. Bank of Montreal Can now owns 2,231,227 shares of the software maker’s stock valued at $113,837,000 after acquiring an additional 1,923,525 shares during the period. Geode Capital Management LLC increased its stake in Alarm.com by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 1,219,732 shares of the software maker’s stock worth $62,239,000 after purchasing an additional 7,454 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in Alarm.com by 2.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,105,735 shares of the software maker’s stock worth $56,417,000 after purchasing an additional 25,659 shares during the period. Institutional investors own 91.74% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on ALRM shares. Wall Street Zen raised shares of Alarm.com from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. Weiss Ratings raised Alarm.com from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 9th. Finally, Barclays raised their price objective 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 investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $47.50.

Alarm.com Stock Performance

Shares of ALRM stock opened at $51.78 on Friday. The firm has a market cap of $2.56 billion, a price-to-earnings ratio of 21.49, a PEG ratio of 1.69 and a beta of 0.77. The company’s 50 day moving average is $47.22 and its 200 day moving average is $46.85. 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 $59.53.

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. The company had revenue of $265.19 million for the quarter, compared to analyst estimates of $250.94 million. Alarm.com had a return on equity of 14.99% and a net margin of 12.36%.The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.54 EPS. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. On average, sell-side analysts anticipate that Alarm.com Holdings, Inc. will post 2.34 EPS for the current fiscal year.

Insider Activity

In other Alarm.com news, insider Daniel Kerzner sold 3,944 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $43.78, for a total transaction of $172,668.32. Following the transaction, the insider owned 101,141 shares in the company, valued at approximately $4,427,952.98. This represents a 3.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Daniel Ramos sold 8,000 shares of Alarm.com stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $46.23, for a total transaction of $369,840.00. Following the sale, the insider directly owned 55,099 shares in the company, valued at approximately $2,547,226.77. This trade represents a 12.68% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 31,893 shares of company stock worth $1,428,505. 4.80% of the stock is currently owned by insiders.

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.