Stephen Trundle Sells 50,000 Shares of Alarm.com (NASDAQ:ALRM) Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) CEO Stephen Trundle sold 50,000 shares of the stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $57.67, for a total transaction of $2,883,500.00. Following the transaction, the chief executive officer directly owned 324,842 shares of the company’s stock, valued at approximately $18,733,638.14. This trade represents a 13.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Alarm.com Stock Down 0.1%

Alarm.com stock opened at $56.71 on Thursday. The company has a market capitalization of $2.80 billion, a PE ratio of 25.09, a price-to-earnings-growth ratio of 1.80 and a beta of 0.76. The company has a debt-to-equity ratio of 0.57, a quick ratio of 4.38 and a current ratio of 4.96. Alarm.com Holdings, Inc. has a fifty-two week low of $41.49 and a fifty-two week high of $59.38. The firm has a 50 day moving average price of $52.32 and a 200 day moving average price of $47.83.

Alarm.com (NASDAQ:ALRM) last released its quarterly earnings results on Thursday, August 6th. The software maker reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $0.12. Alarm.com had a return on equity of 15.65% and a net margin of 11.11%.The company had revenue of $277.73 million for the quarter, compared to analysts’ expectations of $264.96 million. During the same period in the prior year, the firm earned $0.60 earnings per share. The firm’s revenue was up 9.2% compared to the same quarter last year. Alarm.com has set its FY 2026 guidance at 2.920-2.940 EPS. Research analysts expect that Alarm.com Holdings, Inc. will post 2.47 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on ALRM shares. Zacks Research upgraded Alarm.com from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 19th. Weiss Ratings upgraded shares of Alarm.com from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 29th. Barclays increased their price target on shares of Alarm.com from $55.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Monday, August 10th. Wall Street Zen raised shares of Alarm.com from a “hold” rating to a “buy” rating in a research note on Sunday, August 16th. Finally, Raymond James Financial restated a “strong-buy” rating and issued a $65.00 price objective on shares of Alarm.com in a report on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $55.00.

Institutional Trading of Alarm.com

A number of institutional investors have recently bought and sold shares of ALRM. California State Teachers Retirement System increased its stake in shares of Alarm.com by 0.5% during the second quarter. California State Teachers Retirement System now owns 43,287 shares of the software maker’s stock valued at $2,449,000 after acquiring an additional 226 shares during the period. Stifel Financial Corp lifted its position in Alarm.com by 1.8% in the fourth quarter. Stifel Financial Corp now owns 14,176 shares of the software maker’s stock worth $723,000 after purchasing an additional 254 shares during the period. ProShare Advisors LLC lifted its position in Alarm.com by 3.0% in the fourth quarter. ProShare Advisors LLC now owns 9,284 shares of the software maker’s stock worth $474,000 after purchasing an additional 269 shares during the period. Covestor Ltd boosted its stake in Alarm.com by 67.3% during the 4th quarter. Covestor Ltd now owns 691 shares of the software maker’s stock valued at $35,000 after purchasing an additional 278 shares in the last quarter. Finally, Pacer Advisors Inc. boosted its stake in Alarm.com by 21.2% during the 1st quarter. Pacer Advisors Inc. now owns 2,312 shares of the software maker’s stock valued at $100,000 after purchasing an additional 404 shares in the last quarter. 91.74% of the stock is owned by hedge funds and other institutional investors.

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.