Daniel Kerzner Sells 1,915 Shares of Alarm.com (NASDAQ:ALRM) Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider Daniel Kerzner sold 1,915 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $43.56, for a total value of $83,417.40. Following the completion of the transaction, the insider owned 105,085 shares of the company’s stock, valued at $4,577,502.60. This trade represents a 1.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Alarm.com Trading Up 1.3%

ALRM traded up $0.57 during trading on Wednesday, hitting $44.04. The company’s stock had a trading volume of 368,384 shares, compared to its average volume of 458,030. The firm’s 50 day moving average price is $44.81 and its 200-day moving average price is $48.04. The company has a debt-to-equity ratio of 0.57, a current ratio of 5.16 and a quick ratio of 4.55. The stock has a market cap of $2.18 billion, a PE ratio of 18.27, a PEG ratio of 1.53 and a beta of 0.79. Alarm.com Holdings, Inc. has a twelve month low of $41.49 and a twelve month high of $59.98.

Alarm.com (NASDAQ:ALRM) last issued its quarterly earnings results on Thursday, May 7th. The software maker reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.05. The company had revenue of $265.19 million during the quarter, compared to the consensus estimate of $250.94 million. Alarm.com had a return on equity of 14.99% and a net margin of 12.36%.Alarm.com’s revenue was up 11.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.54 EPS. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. On average, analysts expect that Alarm.com Holdings, Inc. will post 2.24 earnings per share for the current year.

Institutional Trading of Alarm.com

Institutional investors have recently made changes to their positions in the stock. Optiver Holding B.V. purchased a new stake in shares of Alarm.com during the 3rd quarter valued at $25,000. Strengthening Families & Communities LLC purchased a new stake in Alarm.com during the 3rd quarter worth $27,000. Covestor Ltd boosted its position in Alarm.com by 67.3% during the 4th quarter. Covestor Ltd now owns 691 shares of the software maker’s stock worth $35,000 after purchasing an additional 278 shares during the period. Hantz Financial Services Inc. boosted its position in Alarm.com by 2,637.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 794 shares of the software maker’s stock worth $42,000 after purchasing an additional 765 shares during the period. Finally, Pilgrim Partners Asia Pte Ltd purchased a new stake in Alarm.com during the 3rd quarter worth $46,000. 91.74% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. JPMorgan Chase & Co. lowered their price objective on shares of Alarm.com from $55.00 to $40.00 and set an “underweight” rating for the company in a research note on Wednesday, February 18th. Weiss Ratings reissued a “hold (c-)” rating on shares of Alarm.com in a research note on Friday, April 24th. Barclays boosted their price objective on shares of Alarm.com from $50.00 to $55.00 and gave the company an “equal weight” rating in a research note on Friday, May 8th. Finally, Zacks Research cut shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 25th. Three equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $47.50.

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.