Alarm.com (NASDAQ:ALRM) CEO Stephen Trundle Sells 2,944 Shares of Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) CEO Stephen Trundle sold 2,944 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 $128,240.64. Following the completion of the sale, the chief executive officer owned 330,915 shares of the company’s stock, valued at $14,414,657.40. This trade represents a 0.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Alarm.com Price Performance

NASDAQ:ALRM opened at $44.04 on Thursday. Alarm.com Holdings, Inc. has a 52 week low of $41.49 and a 52 week high of $59.98. The firm has a market cap of $2.18 billion, a price-to-earnings ratio of 18.27, a P/E/G ratio of 1.52 and a beta of 0.79. The firm’s 50-day simple moving average is $44.70 and its 200 day simple moving average is $48.00. The company has a debt-to-equity ratio of 0.57, a quick ratio of 4.55 and a current ratio of 5.16.

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

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on ALRM shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Alarm.com in a report on Friday, April 24th. Zacks Research cut Alarm.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. JPMorgan Chase & Co. dropped their price objective on Alarm.com from $55.00 to $40.00 and set an “underweight” rating for the company in a report on Wednesday, February 18th. Finally, Barclays raised their target price on shares of Alarm.com from $50.00 to $55.00 and gave the company 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 assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $47.50.

Institutional Trading of Alarm.com

A number of hedge funds have recently made changes to their positions in the company. Centaurus Financial Inc. grew its holdings in Alarm.com by 1.0% during the 1st quarter. Centaurus Financial Inc. now owns 271,841 shares of the software maker’s stock worth $11,741,000 after acquiring an additional 2,782 shares during the last quarter. California State Teachers Retirement System raised its stake in shares of Alarm.com by 30.5% during the first quarter. California State Teachers Retirement System now owns 58,939 shares of the software maker’s stock valued at $2,546,000 after acquiring an additional 13,761 shares during the last quarter. Quantinno Capital Management LP raised its stake in shares of Alarm.com by 111.1% during the first quarter. Quantinno Capital Management LP now owns 19,705 shares of the software maker’s stock valued at $851,000 after acquiring an additional 10,370 shares during the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of Alarm.com by 7.7% during the first quarter. Public Employees Retirement System of Ohio now owns 82,836 shares of the software maker’s stock valued at $3,578,000 after acquiring an additional 5,929 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Alarm.com by 43.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 779,200 shares of the software maker’s stock valued at $33,654,000 after purchasing an additional 237,633 shares during the period. 91.74% of the stock is owned by institutional investors and hedge funds.

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.