Daniel Ramos Sells 1,485 Shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRMGet Rating) VP Daniel Ramos sold 1,485 shares of Alarm.com stock in a transaction that occurred on Monday, May 16th. The stock was sold at an average price of $57.80, for a total value of $85,833.00. Following the transaction, the vice president now owns 45,017 shares of the company’s stock, valued at $2,601,982.60. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Daniel Ramos also recently made the following trade(s):

  • On Monday, April 4th, Daniel Ramos sold 1,998 shares of Alarm.com stock. The stock was sold at an average price of $67.84, for a total value of $135,544.32.

NASDAQ ALRM opened at $59.78 on Wednesday. The business’s 50-day moving average price is $62.54 and its two-hundred day moving average price is $72.19. Alarm.com Holdings, Inc. has a 12 month low of $54.99 and a 12 month high of $94.45. The firm has a market capitalization of $2.99 billion, a PE ratio of 66.42, a price-to-earnings-growth ratio of 3.48 and a beta of 1.21. The company has a current ratio of 8.27, a quick ratio of 7.46 and a debt-to-equity ratio of 0.87.

Alarm.com (NASDAQ:ALRMGet Rating) last released its quarterly earnings results on Thursday, May 5th. The software maker reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.06. Alarm.com had a return on equity of 11.71% and a net margin of 5.95%. The firm had revenue of $205.40 million for the quarter, compared to analyst estimates of $192.02 million. During the same quarter in the previous year, the company posted $0.38 EPS. The business’s revenue was up 19.1% on a year-over-year basis. As a group, analysts forecast that Alarm.com Holdings, Inc. will post 1.14 earnings per share for the current fiscal year.

ALRM has been the subject of several analyst reports. Raymond James dropped their price objective on Alarm.com from $120.00 to $85.00 and set a “strong-buy” rating for the company in a report on Friday, February 25th. Zacks Investment Research cut Alarm.com from a “hold” rating to a “sell” rating in a report on Tuesday, May 10th. Bank of America began coverage on Alarm.com in a research report on Wednesday, April 20th. They set a “buy” rating and a $75.00 price objective on the stock. TheStreet lowered Alarm.com from a “b-” rating to a “c” rating in a research report on Thursday, March 10th. Finally, Barclays reduced their price objective on Alarm.com from $70.00 to $63.00 in a research report on Monday, May 9th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Alarm.com has a consensus rating of “Buy” and an average target price of $89.67.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. National Bank of Canada FI bought a new stake in shares of Alarm.com in the 4th quarter valued at about $201,000. Summit Creek Advisors LLC lifted its stake in shares of Alarm.com by 22.5% in the 4th quarter. Summit Creek Advisors LLC now owns 141,426 shares of the software maker’s stock valued at $11,994,000 after purchasing an additional 25,984 shares during the period. Allspring Global Investments Holdings LLC acquired a new position in shares of Alarm.com in the 4th quarter valued at about $2,176,000. Goldman Sachs Group Inc. lifted its stake in shares of Alarm.com by 24.4% in the 3rd quarter. Goldman Sachs Group Inc. now owns 135,719 shares of the software maker’s stock valued at $10,612,000 after purchasing an additional 26,627 shares during the period. Finally, Advisor Group Holdings Inc. lifted its stake in shares of Alarm.com by 29.7% in the 3rd quarter. Advisor Group Holdings Inc. now owns 4,927 shares of the software maker’s stock valued at $387,000 after purchasing an additional 1,128 shares during the period. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Alarm.com Company Profile (Get Rating)

Alarm.com Holdings, Inc provides cloud-based solutions for smart residential and commercial properties in the United States and internationally. It operates in two segments, Alarm.com and Other. The company provides interactive security solutions to control and monitor their security systems, as well as connected security devices, including door locks, motion sensors, door locks, garage doors, Internet of Things, thermostats, and video cameras; and video monitoring solutions, such as video analytics, live streaming, video doorbell, video clips, video alerts, continuous high definition recording, and commercial video surveillance solutions.

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