Alarm.com Holdings, Inc. $ALRM Shares Sold by Acadian Asset Management LLC

Acadian Asset Management LLC cut its holdings in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 40.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 160,708 shares of the software maker’s stock after selling 107,954 shares during the period. Acadian Asset Management LLC owned about 0.32% of Alarm.com worth $9,083,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in ALRM. Larson Financial Group LLC lifted its holdings in Alarm.com by 235.5% during the 1st quarter. Larson Financial Group LLC now owns 916 shares of the software maker’s stock worth $51,000 after buying an additional 643 shares in the last quarter. Strs Ohio purchased a new stake in shares of Alarm.com during the first quarter worth $56,000. Atlantic Union Bankshares Corp acquired a new stake in shares of Alarm.com in the second quarter valued at $57,000. BI Asset Management Fondsmaeglerselskab A S purchased a new position in Alarm.com in the first quarter valued at $73,000. Finally, CWM LLC grew its stake in Alarm.com by 95.5% during the 1st quarter. CWM LLC now owns 2,031 shares of the software maker’s stock worth $113,000 after purchasing an additional 992 shares in the last quarter. Institutional investors and hedge funds own 91.74% of the company’s stock.

Alarm.com Price Performance

Shares of NASDAQ:ALRM opened at $50.15 on Thursday. Alarm.com Holdings, Inc. has a 12 month low of $46.65 and a 12 month high of $70.06. The firm has a market capitalization of $2.50 billion, a P/E ratio of 21.25, a P/E/G ratio of 2.10 and a beta of 1.06. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.06 and a quick ratio of 1.92. The company’s fifty day moving average price is $52.16 and its 200 day moving average price is $55.06.

Alarm.com (NASDAQ:ALRM) last released its quarterly earnings data on Thursday, November 6th. The software maker reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.14. Alarm.com had a net margin of 12.92% and a return on equity of 14.26%. The company had revenue of $256.40 million during the quarter, compared to the consensus estimate of $251.14 million. During the same quarter in the prior year, the firm posted $0.62 earnings per share. Alarm.com’s revenue for the quarter was up 6.6% on a year-over-year basis. Alarm.com has set its FY 2025 guidance at 2.530-2.530 EPS. As a group, sell-side analysts predict that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

ALRM has been the subject of several recent research reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Alarm.com in a research note on Thursday, October 30th. Barclays decreased their price target on shares of Alarm.com from $60.00 to $56.00 and set an “equal weight” rating for the company in a research note on Friday, November 7th. Finally, Zacks Research cut shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a report on Monday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Alarm.com presently has an average rating of “Hold” and an average price target of $64.67.

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.