Alarm.com Holdings, Inc. (NASDAQ:ALRM – Get Free Report) has been assigned an average rating of “Moderate Buy” from the five brokerages that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $55.00.
Several research analysts have recently commented on the company. Weiss Ratings raised Alarm.com from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 29th. Barclays raised their price target on Alarm.com from $55.00 to $60.00 and gave the company an “equal weight” rating in a report on Monday, August 10th. Wall Street Zen raised Alarm.com from a “hold” rating to a “buy” rating in a research note on Sunday, August 16th. Zacks Research upgraded Alarm.com from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 19th. Finally, Raymond James Financial restated a “strong-buy” rating and issued a $65.00 target price on shares of Alarm.com in a research note on Friday, August 7th.
View Our Latest Stock Analysis on Alarm.com
Alarm.com Stock Up 0.2%
Alarm.com (NASDAQ:ALRM – Get Free Report) last released its quarterly earnings data 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 net margin of 11.11% and a return on equity of 15.65%. The company had revenue of $277.73 million during the quarter, compared to the consensus estimate of $264.96 million. During the same period last year, the firm earned $0.60 EPS. The firm’s revenue for the quarter 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. On average, research analysts anticipate that Alarm.com will post 2.47 earnings per share for the current year.
Insider Activity
In other news, CEO Stephen Trundle sold 50,000 shares of the stock in a transaction on Monday, August 24th. The stock was sold at an average price of $57.67, for a total value of $2,883,500.00. Following the transaction, the chief executive officer owned 324,842 shares of the company’s stock, valued at $18,733,638.14. This represents a 13.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Daniel Ramos sold 2,000 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $46.50, for a total value of $93,000.00. Following the transaction, the insider owned 53,099 shares in the company, valued at approximately $2,469,103.50. This trade represents a 3.63% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 68,324 shares of company stock valued at $3,780,333. Company insiders own 4.80% of the company’s stock.
Institutional Investors Weigh In On Alarm.com
Institutional investors have recently bought and sold shares of the company. California State Teachers Retirement System grew its stake in Alarm.com by 0.5% in 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 purchasing an additional 226 shares in the last quarter. Stifel Financial Corp lifted its position in Alarm.com by 1.8% during the fourth quarter. Stifel Financial Corp now owns 14,176 shares of the software maker’s stock worth $723,000 after acquiring an additional 254 shares during the last quarter. ProShare Advisors LLC grew its holdings in Alarm.com by 3.0% in the 4th quarter. ProShare Advisors LLC now owns 9,284 shares of the software maker’s stock valued at $474,000 after buying an additional 269 shares in the last quarter. Covestor Ltd increased its position 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. Finally, Pacer Advisors Inc. boosted its stake in shares of Alarm.com by 21.2% in the first quarter. Pacer Advisors Inc. now owns 2,312 shares of the software maker’s stock valued at $100,000 after buying an additional 404 shares during the period. Institutional investors own 91.74% of the company’s stock.
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.
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