Alarm.com Holdings, Inc. $ALRM Stake Lessened by Summit Creek Advisors LLC

Summit Creek Advisors LLC decreased its holdings in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 15.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 50,021 shares of the software maker’s stock after selling 9,035 shares during the quarter. Summit Creek Advisors LLC’s holdings in Alarm.com were worth $2,725,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in ALRM. Pictet Asset Management Holding SA lifted its position in Alarm.com by 32.5% during the third quarter. Pictet Asset Management Holding SA now owns 7,408 shares of the software maker’s stock worth $404,000 after buying an additional 1,819 shares during the period. Vise Technologies Inc. acquired a new stake in Alarm.com in the 3rd quarter worth about $220,000. Summit Global Investments grew its holdings in Alarm.com by 368.0% in the 3rd quarter. Summit Global Investments now owns 27,200 shares of the software maker’s stock valued at $1,482,000 after buying an additional 21,388 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al grew its holdings in Alarm.com by 46.0% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 7,300 shares of the software maker’s stock valued at $398,000 after buying an additional 2,300 shares during the period. Finally, Cardinal Capital Management increased its stake in shares of Alarm.com by 4.7% during the 3rd quarter. Cardinal Capital Management now owns 39,080 shares of the software maker’s stock valued at $2,129,000 after acquiring an additional 1,767 shares during the last quarter. Hedge funds and other institutional investors own 91.74% of the company’s stock.

Insider Activity

In related news, CFO Kevin Bradley sold 5,400 shares of the stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $55.07, for a total transaction of $297,378.00. Following the completion of the sale, the chief financial officer owned 78,222 shares of the company’s stock, valued at approximately $4,307,685.54. This represents a 6.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Stephen Trundle sold 50,000 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $57.67, for a total transaction of $2,883,500.00. Following the completion of the transaction, the chief executive officer owned 324,842 shares in the company, valued at $18,733,638.14. The trade was a 13.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 4.80% of the company’s stock.

Key Headlines Impacting Alarm.com

Here are the key news stories impacting Alarm.com this week:

• Positive Sentiment: Q3 revenue rose 9% year over year to $279.44 million, beating analysts’ expectations of $265.82 million. Adjusted earnings of $0.90 per share also exceeded estimates of about $0.75–$0.77 and were up from $0.76 a year earlier. Alarm.com Q3 results
• Positive Sentiment: Alarm.com raised its full-year 2026 outlook. Its Q4 forecast calls for SaaS and license revenue of approximately $194.6 million to $194.8 million, supporting expectations for continued recurring-revenue growth. Q4 revenue outlook
• Neutral Sentiment: Barclays raised its price target from $60 to $70, but kept an “equal weight” rating, signaling a more balanced view rather than a strong bullish endorsement. Barclays recommendations
• Negative Sentiment: Despite the earnings beat and higher guidance, shares declined in Friday trading. The supplied reports do not identify a specific negative catalyst; the market response may indicate that investors had already priced in strong results.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. William Blair reiterated a “market perform” rating on shares of Alarm.com in a report on Friday. Weiss Ratings raised shares of Alarm.com from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 15th. Wall Street Zen upgraded shares of Alarm.com from a “hold” rating to a “buy” rating in a report on Sunday, August 16th. Barclays upped their price target on shares of Alarm.com from $60.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Friday. Finally, Zacks Research lowered shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 6th. One analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $61.67.

Alarm.com Price Performance

Shares of Alarm.com stock opened at $65.03 on Friday. Alarm.com Holdings, Inc. has a twelve month low of $41.49 and a twelve month high of $69.39. The stock has a market capitalization of $3.22 billion, a P/E ratio of 28.65, a PEG ratio of 2.05 and a beta of 0.70. The company has a current ratio of 4.96, a quick ratio of 4.38 and a debt-to-equity ratio of 0.57. The business’s fifty day moving average price is $57.91 and its 200 day moving average price is $50.49.

Alarm.com (NASDAQ:ALRM) last announced its quarterly earnings results on Thursday, November 5th. The software maker reported $0.90 EPS for the quarter, topping the consensus estimate of $0.75 by $0.15. The company had revenue of $279.44 million during the quarter, compared to analyst estimates of $265.82 million. Alarm.com had a return on equity of 16.08% and a net margin of 10.79%. The firm’s revenue was up 9.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.76 earnings per share. As a group, research analysts anticipate that Alarm.com Holdings, Inc. will post 2.49 earnings per share for the current year.

Alarm.com Company Profile

Alarm.com Holdings, Inc develops cloud-based technology for connected security and smart automation. Its platform helps residential and commercial customers monitor and manage security systems, video cameras, access control, energy use, and other connected devices through mobile applications and web-based tools.

The company’s products and services are delivered primarily through a network of authorized service providers, including security dealers and integrators. Its offerings include intrusion detection, smart-home automation, video surveillance, commercial security and access management, energy management, and solutions designed for property managers and other business customers.

Founded in 2000 and headquartered in Vienna, Virginia, Alarm.com serves customers through service providers in the United States and international markets.