SG Americas Securities LLC Raises Holdings in Alarm.com Holdings, Inc. $ALRM

SG Americas Securities LLC grew its stake in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 85.3% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 483,486 shares of the software maker’s stock after purchasing an additional 222,563 shares during the quarter. SG Americas Securities LLC’s holdings in Alarm.com were worth $20,882,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of ALRM. Amundi increased its stake in shares of Alarm.com by 6.8% during the first quarter. Amundi now owns 17,532 shares of the software maker’s stock valued at $920,000 after buying an additional 1,113 shares during the period. AQR Capital Management LLC lifted its position in Alarm.com by 7.8% during the 1st quarter. AQR Capital Management LLC now owns 59,005 shares of the software maker’s stock valued at $3,284,000 after acquiring an additional 4,246 shares during the period. Woodline Partners LP purchased a new position in shares of Alarm.com during the first quarter valued at approximately $514,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Alarm.com by 4.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 131,200 shares of the software maker’s stock worth $7,301,000 after acquiring an additional 6,080 shares in the last quarter. Finally, Jane Street Group LLC boosted its stake in Alarm.com by 610.0% in the 1st quarter. Jane Street Group LLC now owns 114,715 shares of the software maker’s stock worth $6,384,000 after purchasing an additional 98,557 shares in the last quarter. 91.74% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, CFO Kevin Christopher Bradley sold 2,200 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $46.15, for a total value of $101,530.00. Following the transaction, the chief financial officer owned 84,346 shares of the company’s stock, valued at $3,892,567.90. This trade represents a 2.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Daniel Ramos sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $46.50, for a total transaction of $93,000.00. Following the transaction, the insider directly owned 53,099 shares in the company, valued at approximately $2,469,103.50. This trade represents a 3.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 31,169 shares of company stock valued at $1,393,420 over the last quarter. 4.80% of the stock is currently owned by insiders.

Alarm.com Stock Performance

Alarm.com stock opened at $44.47 on Thursday. The company’s 50-day moving average price is $44.80 and its 200-day moving average price is $47.07. 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 company has a market cap of $2.20 billion, a PE ratio of 18.45, a price-to-earnings-growth ratio of 1.44 and a beta of 0.79. Alarm.com Holdings, Inc. has a twelve month low of $41.49 and a twelve month high of $59.53.

Alarm.com (NASDAQ:ALRM) last announced its quarterly earnings results on Thursday, May 7th. The software maker reported $0.65 EPS 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 firm had revenue of $265.19 million during the quarter, compared to the consensus estimate of $250.94 million. During the same quarter last year, the firm earned $0.54 EPS. The firm’s revenue for the quarter was up 11.1% compared to the same quarter last year. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. On average, equities research analysts forecast that Alarm.com Holdings, Inc. will post 2.34 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Alarm.com in a research note on Friday, April 24th. Wall Street Zen cut shares of Alarm.com from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Zacks Research cut Alarm.com from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. Finally, Barclays upped their target price on shares of 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’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $47.50.

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.