Montanaro Asset Management Ltd Cuts Holdings in Alarm.com Holdings, Inc. $ALRM

Montanaro Asset Management Ltd lowered its position in Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 8.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 150,100 shares of the software maker’s stock after selling 14,200 shares during the quarter. Alarm.com accounts for 2.1% of Montanaro Asset Management Ltd’s investment portfolio, making the stock its 24th biggest position. Montanaro Asset Management Ltd’s holdings in Alarm.com were worth $7,658,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in ALRM. Bank of Montreal Can increased its stake in Alarm.com by 625.1% during the fourth quarter. Bank of Montreal Can now owns 2,231,227 shares of the software maker’s stock worth $113,837,000 after acquiring an additional 1,923,525 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Alarm.com by 101,569.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 947,556 shares of the software maker’s stock valued at $48,344,000 after purchasing an additional 946,624 shares in the last quarter. SG Americas Securities LLC lifted its stake in shares of Alarm.com by 1,540.0% in the 4th quarter. SG Americas Securities LLC now owns 260,923 shares of the software maker’s stock valued at $13,312,000 after purchasing an additional 245,013 shares in the last quarter. Nuveen LLC grew its holdings in shares of Alarm.com by 197.3% during the 4th quarter. Nuveen LLC now owns 316,427 shares of the software maker’s stock worth $16,144,000 after purchasing an additional 209,995 shares during the period. Finally, Lazard Asset Management LLC grew its holdings in shares of Alarm.com by 86.4% during the 4th quarter. Lazard Asset Management LLC now owns 347,611 shares of the software maker’s stock worth $17,735,000 after purchasing an additional 161,115 shares during the period. Hedge funds and other institutional investors own 91.74% of the company’s stock.

Insider Activity

In other news, insider Daniel Ramos sold 2,000 shares of the business’s stock in a transaction on Friday, June 12th. The shares were 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 of the company’s stock, valued at approximately $2,469,103.50. The trade was a 3.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Kevin Christopher Bradley sold 2,200 shares of the company’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $46.15, for a total transaction of $101,530.00. Following the completion of 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 31,169 shares of company stock worth $1,393,420 over the last three months. Insiders own 4.80% of the company’s stock.

Alarm.com Stock Performance

Shares of ALRM opened at $44.38 on Friday. Alarm.com Holdings, Inc. has a 12 month low of $41.49 and a 12 month high of $59.53. The stock’s 50-day moving average is $44.77 and its two-hundred day moving average is $47.27. 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 $2.20 billion, a PE ratio of 18.42, a P/E/G ratio of 1.49 and a beta of 0.79.

Alarm.com (NASDAQ:ALRM) last posted its earnings results on Thursday, May 7th. The software maker reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.05. The business had revenue of $265.19 million during the quarter, compared to analyst estimates of $250.94 million. Alarm.com had a return on equity of 14.99% and a net margin of 12.36%.The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.54 earnings per share. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. Equities analysts forecast that Alarm.com Holdings, Inc. will post 2.34 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Wall Street Zen lowered shares of Alarm.com from a “buy” rating to a “hold” rating in a report on Saturday. Zacks Research downgraded shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 25th. Weiss Ratings reissued a “hold (c-)” rating on shares of Alarm.com in a research report on Friday, April 24th. 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 research note on Friday, May 8th. Three equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Alarm.com currently 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.