Alarm.com Holdings, Inc. (NASDAQ:ALRM) Shares Sold by Aigen Investment Management LP

Aigen Investment Management LP reduced its holdings in Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 52.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,870 shares of the software maker’s stock after selling 5,338 shares during the period. Aigen Investment Management LP’s holdings in Alarm.com were worth $296,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. SBI Securities Co. Ltd. acquired a new stake in shares of Alarm.com in the fourth quarter worth approximately $25,000. Quarry LP boosted its stake in shares of Alarm.com by 291.7% in the third quarter. Quarry LP now owns 705 shares of the software maker’s stock worth $39,000 after acquiring an additional 525 shares during the last quarter. Nisa Investment Advisors LLC boosted its stake in shares of Alarm.com by 134.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 939 shares of the software maker’s stock worth $57,000 after acquiring an additional 539 shares during the last quarter. Huntington National Bank boosted its stake in shares of Alarm.com by 52.4% in the third quarter. Huntington National Bank now owns 1,068 shares of the software maker’s stock worth $58,000 after acquiring an additional 367 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its stake in shares of Alarm.com by 305.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,034 shares of the software maker’s stock worth $63,000 after acquiring an additional 779 shares during the last quarter. 91.74% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Alarm.com

In other Alarm.com news, insider Daniel Kerzner sold 32,851 shares of Alarm.com stock in a transaction on Friday, December 13th. The stock was sold at an average price of $66.40, for a total value of $2,181,306.40. Following the sale, the insider now owns 59,668 shares in the company, valued at $3,961,955.20. The trade was a 35.51 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Stephen Trundle sold 47,500 shares of Alarm.com stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $68.18, for a total value of $3,238,550.00. Following the completion of the sale, the chief executive officer now owns 252,682 shares in the company, valued at $17,227,858.76. This represents a 15.82 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 5.60% of the company’s stock.

Alarm.com Stock Performance

Shares of Alarm.com stock opened at $58.92 on Friday. Alarm.com Holdings, Inc. has a one year low of $51.87 and a one year high of $76.34. The company has a market cap of $2.93 billion, a price-to-earnings ratio of 25.73, a PEG ratio of 3.59 and a beta of 1.10. The company has a debt-to-equity ratio of 1.35, a quick ratio of 7.38 and a current ratio of 7.85. The business’s 50 day moving average price is $60.89 and its 200 day moving average price is $59.46.

Alarm.com (NASDAQ:ALRM) last posted its earnings results on Thursday, February 20th. The software maker reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.06). Alarm.com had a net margin of 13.21% and a return on equity of 13.55%. The business had revenue of $242.24 million during the quarter, compared to analysts’ expectations of $237.44 million. On average, research analysts predict that Alarm.com Holdings, Inc. will post 1.64 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ALRM. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $50.00 price target (down from $65.00) on shares of Alarm.com in a research note on Monday, November 11th. StockNews.com raised Alarm.com from a “hold” rating to a “buy” rating in a research note on Wednesday, December 18th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $64.40.

Alarm.com 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.