Yousif Capital Management LLC boosted its position in Alarm.com Holdings, Inc. (NASDAQ:ALRM – Free Report) by 1.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,455 shares of the software maker’s stock after buying an additional 199 shares during the quarter. Yousif Capital Management LLC’s holdings in Alarm.com were worth $1,044,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. KBC Group NV boosted its stake in 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 acquiring an additional 208 shares during the period. Avantax Advisory Services Inc. boosted its stake in 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 acquiring an additional 232 shares during the period. Blair William & Co. IL boosted its stake in Alarm.com by 2.3% in the second quarter. Blair William & Co. IL now owns 12,762 shares of the software maker’s stock valued at $722,000 after acquiring an additional 290 shares during the period. Aviso Financial Inc. boosted its stake in 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 acquiring an additional 300 shares during the period. Finally, KLP Kapitalforvaltning AS boosted its stake in Alarm.com by 2.2% in the second quarter. KLP Kapitalforvaltning AS now owns 13,900 shares of the software maker’s stock valued at $786,000 after acquiring an additional 300 shares during the period. 91.74% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of brokerages have commented on ALRM. Zacks Research downgraded Alarm.com from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 13th. Weiss Ratings restated a “hold (c)” rating on shares of Alarm.com in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $62.60.
Alarm.com Stock Performance
Shares of NASDAQ ALRM opened at $51.16 on Wednesday. The company has a current ratio of 1.95, a quick ratio of 1.82 and a debt-to-equity ratio of 0.61. The stock has a 50 day simple moving average of $54.63 and a 200-day simple moving average of $55.17. The company has a market cap of $2.55 billion, a PE ratio of 21.50, a P/E/G ratio of 2.50 and a beta of 1.04. Alarm.com Holdings, Inc. has a 12-month low of $48.23 and a 12-month high of $70.06.
Alarm.com (NASDAQ:ALRM – Get Free Report) last released its earnings results on Thursday, August 7th. The software maker reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.08. The firm had revenue of $254.31 million during the quarter, compared to the consensus estimate of $243.96 million. Alarm.com had a return on equity of 13.84% and a net margin of 13.27%.The firm’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.58 earnings per share. Alarm.com has set its FY 2025 guidance at 2.400-2.400 EPS. On average, equities research analysts forecast that Alarm.com Holdings, Inc. will post 1.64 EPS for the current year.
Alarm.com 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.
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