Alarm.com Holdings, Inc. (NASDAQ:ALRM) Given Average Recommendation of “Moderate Buy” by Analysts

Alarm.com Holdings, Inc. (NASDAQ:ALRM) has been given a consensus rating of “Moderate Buy” by the five analysts that are currently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and two have given a strong buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $64.6667.

ALRM has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Alarm.com in a report on Thursday, October 30th. Barclays reduced their price objective 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 raised shares of Alarm.com from a “hold” rating to a “strong-buy” rating in a report on Friday, November 14th.

Insider Transactions at Alarm.com

In other news, CEO Stephen Trundle bought 10,000 shares of the business’s stock in a transaction on Thursday, November 20th. The stock was acquired at an average price of $48.07 per share, with a total value of $480,700.00. Following the completion of the purchase, the chief executive officer directly owned 1,315,343 shares in the company, valued at $63,228,538.01. This represents a 0.77% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Daniel Kerzner sold 10,000 shares of the company’s stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $50.33, for a total transaction of $503,300.00. Following the sale, the insider owned 52,000 shares of the company’s stock, valued at $2,617,160. This represents a 16.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have acquired 26,000 shares of company stock worth $1,257,321 in the last 90 days. Company insiders own 5.60% of the company’s stock.

Institutional Investors Weigh In On Alarm.com

Hedge funds have recently bought and sold shares of the business. Charles Schwab Investment Management Inc. lifted its position in Alarm.com by 1.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 535,678 shares of the software maker’s stock valued at $29,810,000 after acquiring an additional 5,295 shares in the last quarter. Nuveen LLC purchased a new position in shares of Alarm.com in the first quarter worth $21,584,000. Burgundy Asset Management Ltd. lifted its holdings in shares of Alarm.com by 26.3% during the first quarter. Burgundy Asset Management Ltd. now owns 882,351 shares of the software maker’s stock valued at $49,103,000 after purchasing an additional 183,503 shares in the last quarter. Aviso Financial Inc. boosted its position in shares of Alarm.com by 2.3% during the first quarter. Aviso Financial Inc. now owns 13,550 shares of the software maker’s stock valued at $754,000 after buying an additional 300 shares during the last quarter. Finally, Hsbc Holdings PLC increased its holdings in Alarm.com by 11.1% in the 1st quarter. Hsbc Holdings PLC now owns 30,499 shares of the software maker’s stock worth $1,687,000 after buying an additional 3,052 shares in the last quarter. Institutional investors own 91.74% of the company’s stock.

Alarm.com Price Performance

ALRM opened at $52.16 on Monday. Alarm.com has a 1 year low of $46.65 and a 1 year high of $68.54. 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 has a market capitalization of $2.60 billion, a price-to-earnings ratio of 22.10, a P/E/G ratio of 1.99 and a beta of 0.88. The firm’s fifty day moving average price is $50.70 and its two-hundred day moving average price is $54.23.

Alarm.com (NASDAQ:ALRM) last issued its quarterly earnings results on Thursday, November 6th. The software maker reported $0.76 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.14. Alarm.com had a return on equity of 14.26% and a net margin of 12.92%.The business had revenue of $256.40 million for the quarter, compared to analyst estimates of $251.14 million. During the same period last year, the company posted $0.62 earnings per share. Alarm.com’s quarterly revenue was up 6.6% compared to the same quarter last year. Alarm.com has set its FY 2025 guidance at 2.530-2.530 EPS. As a group, analysts anticipate that Alarm.com will post 1.64 earnings per share for the current fiscal year.

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.