Alarm.com Holdings, Inc. $ALRM Shares Sold by GAMMA Investing LLC

GAMMA Investing LLC lowered its stake in Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 50.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 979 shares of the software maker’s stock after selling 985 shares during the period. GAMMA Investing LLC’s holdings in Alarm.com were worth $55,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. KBC Group NV increased its holdings in shares of Alarm.com by 10.8% in the first quarter. KBC Group NV now owns 2,128 shares of the software maker’s stock valued at $118,000 after purchasing an additional 208 shares during the period. Avantax Advisory Services Inc. increased its holdings in shares of Alarm.com by 1.7% in the first quarter. Avantax Advisory Services Inc. now owns 13,865 shares of the software maker’s stock valued at $772,000 after purchasing an additional 232 shares during the period. Aviso Financial Inc. increased its holdings in shares of Alarm.com by 2.3% in the first quarter. Aviso Financial Inc. now owns 13,550 shares of the software maker’s stock valued at $754,000 after purchasing an additional 300 shares during the period. Alps Advisors Inc. grew its holdings in Alarm.com by 3.0% during the first quarter. Alps Advisors Inc. now owns 14,363 shares of the software maker’s stock worth $799,000 after acquiring an additional 419 shares during the period. Finally, Bessemer Group Inc. grew its holdings in Alarm.com by 304.6% during the first quarter. Bessemer Group Inc. now owns 708 shares of the software maker’s stock worth $39,000 after acquiring an additional 533 shares during the period. Institutional investors and hedge funds own 91.74% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Zacks Research raised Alarm.com from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Alarm.com in a report on Saturday, September 27th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Alarm.com has an average rating of “Moderate Buy” and an average target price of $64.33.

Alarm.com Stock Performance

NASDAQ ALRM opened at $52.20 on Friday. The business’s 50-day moving average price is $55.62 and its 200 day moving average price is $55.62. Alarm.com Holdings, Inc. has a twelve month low of $48.23 and a twelve month high of $70.06. The company has a market capitalization of $2.61 billion, a PE ratio of 21.93, a price-to-earnings-growth ratio of 2.60 and a beta of 1.04. The company has a current ratio of 1.95, a quick ratio of 1.82 and a debt-to-equity ratio of 0.61.

Alarm.com (NASDAQ:ALRM) last announced its quarterly earnings results on Thursday, August 7th. The software maker reported $0.60 EPS for the quarter, topping the consensus estimate of $0.52 by $0.08. Alarm.com had a return on equity of 13.84% and a net margin of 13.27%.The company had revenue of $254.31 million during the quarter, compared to analyst estimates of $243.96 million. During the same period in the prior year, the firm posted $0.58 earnings per share. The firm’s revenue was up 8.8% on a year-over-year basis. Alarm.com has set its FY 2025 guidance at 2.400-2.400 EPS. On average, research analysts predict that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current year.

About Alarm.com

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.