Hussman Strategic Advisors Inc. Acquires New Position in Alarm.com Holdings, Inc. $ALRM

Hussman Strategic Advisors Inc. acquired a new stake in Alarm.com Holdings, Inc. (NASDAQ:ALRM) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 42,000 shares of the software maker’s stock, valued at approximately $2,229,000. Hussman Strategic Advisors Inc. owned about 0.08% of Alarm.com as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Disciplined Growth Investors Inc. MN boosted its position in shares of Alarm.com by 3.0% in the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 3,491,824 shares of the software maker’s stock worth $197,532,000 after purchasing an additional 102,481 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Alarm.com by 1.3% during the second quarter. Geode Capital Management LLC now owns 1,202,312 shares of the software maker’s stock worth $68,024,000 after buying an additional 15,821 shares during the last quarter. Burgundy Asset Management Ltd. boosted its holdings in Alarm.com by 11.7% during the second quarter. Burgundy Asset Management Ltd. now owns 985,882 shares of the software maker’s stock worth $55,771,000 after buying an additional 103,531 shares during the last quarter. Norges Bank acquired a new position in shares of Alarm.com during the 2nd quarter worth about $33,459,000. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of Alarm.com by 0.5% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 503,252 shares of the software maker’s stock valued at $28,469,000 after acquiring an additional 2,629 shares during the last quarter. Institutional investors own 91.74% of the company’s stock.

Alarm.com Stock Down 1.5%

Alarm.com stock opened at $49.07 on Wednesday. The company has a 50 day moving average of $51.38 and a 200-day moving average of $52.87. The company has a quick ratio of 1.92, a current ratio of 2.06 and a debt-to-equity ratio of 0.59. Alarm.com Holdings, Inc. has a twelve month low of $46.65 and a twelve month high of $64.26. The stock has a market capitalization of $2.45 billion, a PE ratio of 20.79, a price-to-earnings-growth ratio of 1.83 and a beta of 0.81.

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

Insider Transactions at Alarm.com

In related news, insider Daniel Kerzner sold 20,004 shares of the stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $50.29, for a total transaction of $1,006,001.16. Following the completion of the transaction, the insider directly owned 52,000 shares in the company, valued at approximately $2,615,080. This trade represents a 27.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Stephen Trundle bought 12,469 shares of the business’s stock in a transaction on Wednesday, November 19th. The stock was purchased at an average price of $48.53 per share, for a total transaction of $605,120.57. Following the purchase, the chief executive officer directly owned 1,305,343 shares in the company, valued at approximately $63,348,295.79. This represents a 0.96% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders purchased 26,000 shares of company stock valued at $1,257,321 and sold 56,158 shares valued at $2,866,689. Company insiders own 5.60% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on ALRM shares. Weiss Ratings reissued a “hold (c-)” rating on shares of Alarm.com in a research note on Thursday, October 30th. Zacks Research lowered shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. Finally, Barclays lowered 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 report on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $64.67.

About Alarm.com

Alarm.com Holdings, Inc provides a cloud-based software platform for connected properties, enabling residential and commercial customers to monitor, manage and control security, energy and home automation solutions. The company’s interactive services connect security systems, smart thermostats, door locks, lights and video cameras through cellular, broadband and Z-Wave networks, offering real-time alerts and remote access via mobile and web applications.

Through its platform, Alarm.com delivers an integrated suite of products that includes intrusion detection, video monitoring and cloud recording, energy management features such as smart thermostat scheduling, and home automation controls for lighting, garage doors and connected appliances.