Alarm.com (NASDAQ:ALRM) Upgraded at Zacks Research

Zacks Research upgraded shares of Alarm.com (NASDAQ:ALRM) from a hold rating to a strong-buy rating in a report issued on Tuesday,Zacks.com reports.

Other research analysts also recently issued research reports about the stock. JPMorgan Chase & Co. dropped their target price on shares of Alarm.com from $55.00 to $40.00 and set an “underweight” rating on the stock in a research note on Wednesday, February 18th. Barclays lowered their price objective on Alarm.com from $56.00 to $50.00 and set an “equal weight” rating on the stock in a research report on Friday, February 20th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Alarm.com in a report on Tuesday, January 27th. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $57.00.

Alarm.com Stock Performance

Shares of Alarm.com stock opened at $48.69 on Tuesday. Alarm.com has a 12 month low of $43.00 and a 12 month high of $60.76. The firm has a market capitalization of $2.42 billion, a P/E ratio of 19.79, a P/E/G ratio of 1.65 and a beta of 0.79. The company has a current ratio of 1.92, a quick ratio of 1.78 and a debt-to-equity ratio of 0.58. The business has a fifty day simple moving average of $49.18 and a two-hundred day simple moving average of $51.61.

Alarm.com (NASDAQ:ALRM) last issued its quarterly earnings results on Thursday, February 19th. The software maker reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.06. Alarm.com had a return on equity of 14.79% and a net margin of 13.11%.The firm had revenue of $261.66 million for the quarter, compared to analysts’ expectations of $250.75 million. During the same period in the previous year, the firm posted $0.58 EPS. The business’s revenue for the quarter was up 8.1% compared to the same quarter last year. Alarm.com has set its FY 2026 guidance at 2.780-2.790 EPS. On average, equities analysts forecast that Alarm.com will post 1.64 earnings per share for the current fiscal year.

Insider Buying and Selling at Alarm.com

In other news, insider Jeffrey A. Bedell sold 22,727 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $51.82, for a total transaction of $1,177,713.14. Following the completion of the sale, the insider owned 505,805 shares of the company’s stock, valued at $26,210,815.10. This represents a 4.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Stephen C. Evans sold 1,154 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $52.27, for a total transaction of $60,319.58. Following the completion of the transaction, the director directly owned 6,123 shares in the company, valued at approximately $320,049.21. The trade was a 15.86% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 26,154 shares of company stock valued at $1,357,388 in the last ninety days. 5.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ALRM. Optiver Holding B.V. bought a new stake in Alarm.com during the third quarter valued at about $25,000. Strengthening Families & Communities LLC purchased a new stake in shares of Alarm.com during the third quarter worth about $27,000. Covestor Ltd raised its stake in Alarm.com by 67.3% during the 4th quarter. Covestor Ltd now owns 691 shares of the software maker’s stock valued at $35,000 after purchasing an additional 278 shares during the period. Hantz Financial Services Inc. lifted its holdings in Alarm.com by 2,637.9% in the 3rd quarter. Hantz Financial Services Inc. now owns 794 shares of the software maker’s stock worth $42,000 after purchasing an additional 765 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new position in Alarm.com in the 2nd quarter worth approximately $43,000. 91.74% of the stock is currently owned by institutional investors.

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.