Cwm LLC Increases Stake in Alarm.com Holdings, Inc. $ALRM

Cwm LLC increased its position in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 59.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,238 shares of the software maker’s stock after buying an additional 1,207 shares during the period. Cwm LLC’s holdings in Alarm.com were worth $183,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Inspire Investing LLC boosted its position in Alarm.com by 11.9% during the second quarter. Inspire Investing LLC now owns 6,914 shares of the software maker’s stock valued at $391,000 after purchasing an additional 736 shares in the last quarter. Blair William & Co. IL boosted its position in Alarm.com by 2.3% during the second quarter. Blair William & Co. IL now owns 12,762 shares of the software maker’s stock valued at $722,000 after purchasing an additional 290 shares in the last quarter. KLP Kapitalforvaltning AS boosted its position in Alarm.com by 2.2% during the second quarter. KLP Kapitalforvaltning AS now owns 13,900 shares of the software maker’s stock valued at $786,000 after purchasing an additional 300 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its position in Alarm.com by 7.8% during the second quarter. Robeco Institutional Asset Management B.V. now owns 4,668 shares of the software maker’s stock valued at $264,000 after purchasing an additional 339 shares in the last quarter. Finally, State of Alaska Department of Revenue boosted its position in Alarm.com by 8.2% during the second quarter. State of Alaska Department of Revenue now owns 29,626 shares of the software maker’s stock valued at $1,675,000 after purchasing an additional 2,237 shares in the last quarter. Hedge funds and other institutional investors own 91.74% of the company’s stock.

Wall Street Analyst Weigh In

ALRM has been the topic of a number of recent research reports. Zacks Research downgraded Alarm.com from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Alarm.com in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Alarm.com currently has a consensus rating of “Hold” and an average price target of $62.60.

Alarm.com Price Performance

Shares of NASDAQ ALRM opened at $49.10 on Thursday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.82 and a current ratio of 1.95. The company has a market cap of $2.45 billion, a PE ratio of 20.63, a P/E/G ratio of 2.58 and a beta of 1.04. The business has a 50-day simple moving average of $53.93 and a two-hundred day simple moving average of $55.20. Alarm.com Holdings, Inc. has a fifty-two week low of $48.23 and a fifty-two week high of $70.06.

Alarm.com (NASDAQ:ALRM) last issued its quarterly earnings results on Thursday, August 7th. The software maker reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.08. The business 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 company’s quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter last year, the company earned $0.58 earnings per share. Alarm.com has set its FY 2025 guidance at 2.400-2.400 EPS. As a group, equities analysts expect that Alarm.com Holdings, Inc. will post 1.64 EPS for the current fiscal 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.