Elo Mutual Pension Insurance Co Makes New $1.08 Million Investment in Alarm.com Holdings, Inc. $ALRM

Elo Mutual Pension Insurance Co acquired a new stake in Alarm.com Holdings, Inc. (NASDAQ:ALRM) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 20,246 shares of the software maker’s stock, valued at approximately $1,075,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of ALRM. Optiver Holding B.V. bought a new position in Alarm.com during the 3rd quarter valued at about $25,000. Strengthening Families & Communities LLC bought a new stake in Alarm.com in the third quarter worth about $27,000. Hantz Financial Services Inc. boosted its position in shares of Alarm.com by 2,637.9% during the third quarter. Hantz Financial Services Inc. now owns 794 shares of the software maker’s stock valued at $42,000 after buying an additional 765 shares during the period. Elevation Point Wealth Partners LLC bought a new position in shares of Alarm.com during the second quarter valued at approximately $43,000. Finally, Pilgrim Partners Asia Pte Ltd bought a new position in shares of Alarm.com during the third quarter valued at approximately $46,000. Hedge funds and other institutional investors own 91.74% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Zacks Research upgraded shares of Alarm.com from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 24th. Weiss Ratings reissued a “hold (c-)” rating on shares of Alarm.com in a research report on Tuesday, January 27th. JPMorgan Chase & Co. reduced 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 report on Wednesday, February 18th. Finally, Barclays decreased their price target on shares of Alarm.com from $56.00 to $50.00 and set an “equal weight” rating for the company in a research note on Friday, February 20th. 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 stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $57.00.

Insider Activity

In other Alarm.com news, insider Jeffrey A. Bedell sold 22,727 shares of the stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $51.82, for a total value of $1,177,713.14. Following the completion of the sale, the insider directly owned 505,805 shares in the company, valued at approximately $26,210,815.10. This trade represents a 4.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Stephen C. Evans sold 1,154 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $52.27, for a total value of $60,319.58. Following the completion of the sale, the director directly owned 6,123 shares of the company’s stock, valued at approximately $320,049.21. This represents a 15.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 26,154 shares of company stock worth $1,357,388 over the last ninety days. 5.80% of the stock is currently owned by corporate insiders.

Alarm.com Stock Up 0.1%

Shares of Alarm.com stock opened at $50.15 on Friday. The company has a quick ratio of 1.78, a current ratio of 1.92 and a debt-to-equity ratio of 0.58. The company has a market cap of $2.49 billion, a P/E ratio of 20.39, a PEG ratio of 1.75 and a beta of 0.80. The firm’s 50 day moving average price is $48.88 and its 200-day moving average price is $51.38. Alarm.com Holdings, Inc. has a 52-week low of $43.00 and a 52-week high of $60.76.

Alarm.com (NASDAQ:ALRM) last announced its earnings results on Thursday, February 19th. The software maker reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.06. The company had revenue of $261.66 million during the quarter, compared to the consensus estimate of $250.75 million. Alarm.com had a net margin of 13.11% and a return on equity of 14.79%. Alarm.com’s revenue was up 8.1% compared to the same quarter last year. During the same period last year, the firm earned $0.58 earnings per share. Alarm.com has set its FY 2026 guidance at 2.780-2.790 EPS. On average, sell-side analysts predict that Alarm.com Holdings, Inc. will post 1.64 EPS for the current fiscal year.

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.