AlarmCom Hldg Inc (ALRM) Stake Lessened by Emerald Advisers LLC

Share on StockTwits

Emerald Advisers LLC decreased its position in AlarmCom Hldg Inc (NASDAQ:ALRM) by 23.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 335,213 shares of the software maker’s stock after selling 104,194 shares during the period. Emerald Advisers LLC owned about 0.70% of AlarmCom worth $17,387,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. BlackRock Inc. grew its holdings in shares of AlarmCom by 27.7% in the third quarter. BlackRock Inc. now owns 4,773,882 shares of the software maker’s stock worth $274,020,000 after purchasing an additional 1,035,961 shares during the last quarter. Vanguard Group Inc grew its holdings in shares of AlarmCom by 14.1% in the third quarter. Vanguard Group Inc now owns 3,323,794 shares of the software maker’s stock worth $190,786,000 after purchasing an additional 410,254 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of AlarmCom by 14.1% in the third quarter. Vanguard Group Inc. now owns 3,323,794 shares of the software maker’s stock worth $190,786,000 after purchasing an additional 410,254 shares during the last quarter. Riverbridge Partners LLC grew its holdings in shares of AlarmCom by 26.3% in the third quarter. Riverbridge Partners LLC now owns 1,517,237 shares of the software maker’s stock worth $87,089,000 after purchasing an additional 315,895 shares during the last quarter. Finally, Standard Life Aberdeen plc grew its holdings in shares of AlarmCom by 15.5% in the third quarter. Standard Life Aberdeen plc now owns 894,771 shares of the software maker’s stock worth $51,346,000 after purchasing an additional 120,363 shares during the last quarter. Hedge funds and other institutional investors own 93.84% of the company’s stock.

Shares of AlarmCom stock opened at $62.33 on Thursday. The firm has a market cap of $3.01 billion, a price-to-earnings ratio of 82.01, a PEG ratio of 3.25 and a beta of 1.38. AlarmCom Hldg Inc has a 12 month low of $33.39 and a 12 month high of $63.72.

AlarmCom (NASDAQ:ALRM) last announced its quarterly earnings data on Wednesday, November 7th. The software maker reported $0.36 EPS for the quarter, beating the consensus estimate of $0.25 by $0.11. The business had revenue of $111.85 million during the quarter, compared to analyst estimates of $96.76 million. AlarmCom had a negative return on equity of 73.39% and a net margin of 3.50%. The company’s revenue for the quarter was up 24.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.27 earnings per share. As a group, equities research analysts forecast that AlarmCom Hldg Inc will post 1.06 EPS for the current fiscal year.

Several analysts recently weighed in on ALRM shares. ValuEngine upgraded shares of AlarmCom from a “hold” rating to a “buy” rating in a report on Wednesday, October 17th. BidaskClub cut shares of AlarmCom from a “buy” rating to a “hold” rating in a report on Wednesday, October 17th. Imperial Capital upgraded shares of AlarmCom from an “in-line” rating to an “outperform” rating and cut their price target for the company from $60.00 to $58.00 in a report on Tuesday, November 13th. Raymond James lifted their price target on shares of AlarmCom from $55.00 to $58.00 and gave the company a “buy” rating in a report on Thursday, November 8th. Finally, Zacks Investment Research upgraded shares of AlarmCom from a “hold” rating to a “buy” rating and set a $60.00 price target on the stock in a report on Wednesday, January 9th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have given a buy rating to the company. AlarmCom currently has an average rating of “Buy” and an average target price of $55.55.

In other news, insider Stephen Trundle sold 30,000 shares of AlarmCom stock in a transaction dated Wednesday, January 16th. The stock was sold at an average price of $55.42, for a total value of $1,662,600.00. Following the completion of the transaction, the insider now owns 218,514 shares of the company’s stock, valued at approximately $12,110,045.88. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Daniel Ramos sold 5,446 shares of AlarmCom stock in a transaction dated Tuesday, December 4th. The stock was sold at an average price of $50.77, for a total value of $276,493.42. Following the completion of the transaction, the vice president now directly owns 24,902 shares of the company’s stock, valued at approximately $1,264,274.54. The disclosure for this sale can be found here. In the last ninety days, insiders sold 172,137 shares of company stock valued at $8,674,838. 37.10% of the stock is owned by insiders.

COPYRIGHT VIOLATION WARNING: This report was originally published by Ticker Report and is the property of of Ticker Report. If you are viewing this report on another site, it was copied illegally and reposted in violation of United States and international trademark & copyright law. The original version of this report can be viewed at https://www.tickerreport.com/banking-finance/4115951/alarmcom-hldg-inc-alrm-stake-lessened-by-emerald-advisers-llc.html.

About AlarmCom

Alarm.com Holdings, Inc provides cloud-based software platform solutions for smart residential and commercial properties in the United States and internationally. The company provides interactive security solutions to control and monitor their security systems, as well as connected security devices, including door locks, motion sensors, thermostats, garage doors, and video cameras; and high definition video monitoring solutions, such as live streaming, smart clip capture, secure cloud storage, video alerts, continuous HD recording, and commercial video surveillance solutions.

Further Reading: Cost of Capital

Institutional Ownership by Quarter for AlarmCom (NASDAQ:ALRM)

Receive News & Ratings for AlarmCom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AlarmCom and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Pebblebrook Hotel Trust  Increases Dividend to $0.38 Per Share
Pebblebrook Hotel Trust Increases Dividend to $0.38 Per Share
APN Industria REIT  To Go Ex-Dividend on March 28th
APN Industria REIT To Go Ex-Dividend on March 28th
Volution Group PLC  Announces Dividend of GBX 1.60
Volution Group PLC Announces Dividend of GBX 1.60
Insider Selling: Ambarella Inc  VP Sells 3,700 Shares of Stock
Insider Selling: Ambarella Inc VP Sells 3,700 Shares of Stock
iShares Morningstar Mid-Cap Value ETF  Shares Bought by MML Investors Services LLC
iShares Morningstar Mid-Cap Value ETF Shares Bought by MML Investors Services LLC
Zacks: Analysts Expect Cloudera Inc  Will Announce Earnings of -$0.23 Per Share
Zacks: Analysts Expect Cloudera Inc Will Announce Earnings of -$0.23 Per Share


© 2006-2019 Ticker Report