O Shaughnessy Asset Management LLC Acquires Shares of 3,473 Alarm.com Holdings, Inc. (NASDAQ:ALRM)

O Shaughnessy Asset Management LLC bought a new position in Alarm.com Holdings, Inc. (NASDAQ:ALRM) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 3,473 shares of the software maker’s stock, valued at approximately $211,000.

Other institutional investors also recently modified their holdings of the company. SBI Securities Co. Ltd. purchased a new position in Alarm.com in the fourth quarter worth $25,000. Nisa Investment Advisors LLC grew its position in Alarm.com by 134.8% during the fourth quarter. Nisa Investment Advisors LLC now owns 939 shares of the software maker’s stock valued at $57,000 after buying an additional 539 shares during the period. Smartleaf Asset Management LLC raised its position in Alarm.com by 305.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,034 shares of the software maker’s stock worth $63,000 after acquiring an additional 779 shares during the period. GAMMA Investing LLC boosted its stake in Alarm.com by 29.5% in the fourth quarter. GAMMA Investing LLC now owns 1,045 shares of the software maker’s stock valued at $64,000 after acquiring an additional 238 shares during the last quarter. Finally, Pacer Advisors Inc. grew its position in shares of Alarm.com by 50.1% during the 4th quarter. Pacer Advisors Inc. now owns 1,888 shares of the software maker’s stock valued at $115,000 after acquiring an additional 630 shares during the period. 91.74% of the stock is owned by institutional investors.

Alarm.com Stock Performance

Shares of ALRM stock opened at $51.37 on Monday. Alarm.com Holdings, Inc. has a 12 month low of $48.23 and a 12 month high of $71.98. The stock has a market capitalization of $2.55 billion, a P/E ratio of 22.43, a PEG ratio of 3.59 and a beta of 1.03. The company has a current ratio of 7.85, a quick ratio of 7.38 and a debt-to-equity ratio of 1.35. The firm’s 50 day moving average is $57.87 and its 200 day moving average is $59.22.

Alarm.com (NASDAQ:ALRM) last posted its quarterly earnings results on Thursday, February 20th. The software maker reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.06). Alarm.com had a return on equity of 13.55% and a net margin of 13.21%. The company had revenue of $242.24 million during the quarter, compared to the consensus estimate of $237.44 million. On average, sell-side analysts anticipate that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current year.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Alarm.com from a “hold” rating to a “buy” rating in a report on Wednesday, December 18th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $64.40.

Insider Activity

In other news, insider Daniel Kerzner sold 932 shares of the business’s stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $55.49, for a total transaction of $51,716.68. Following the completion of the transaction, the insider now directly owns 58,736 shares in the company, valued at $3,259,260.64. The trade was a 1.56 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Stephen Trundle sold 1,553 shares of Alarm.com stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $55.49, for a total value of $86,175.97. Following the sale, the chief executive officer now directly owns 251,129 shares of the company’s stock, valued at $13,935,148.21. This represents a 0.61 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 5,921 shares of company stock worth $338,727. 5.60% of the stock is owned by company insiders.

Alarm.com Company Profile

Alarm.com Holdings, Inc provides various Internet of Things (IoT) and solutions for residential, multi-family, small business, and enterprise commercial markets in North America and internationally. The company operates through two segments, Alarm.com and Other. It offers solutions to control and monitor security systems, as well as to IoT devices, including door locks, garage doors, thermostats, and video cameras; and video monitoring and analytics solutions, such as video analytics, escalated events, video doorbells, intelligent integration, live streaming, secure cloud storage, and video alerts.