Insider Selling: Alarm.com Holdings, Inc. (NASDAQ:ALRM) CFO Sells 3,436 Shares of Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) CFO Steve Valenzuela sold 3,436 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $58.45, for a total value of $200,834.20. Following the completion of the transaction, the chief financial officer now directly owns 37,500 shares of the company’s stock, valued at $2,191,875. This trade represents a 8.39 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Alarm.com Price Performance

Shares of NASDAQ:ALRM opened at $58.49 on Friday. Alarm.com Holdings, Inc. has a one year low of $51.87 and a one year high of $74.97. The stock has a fifty day moving average of $60.72 and a 200-day moving average of $59.42. The company has a market capitalization of $2.90 billion, a PE ratio of 25.54, a price-to-earnings-growth 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.

Alarm.com (NASDAQ:ALRM) last announced its quarterly earnings data 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 company had revenue of $242.24 million for the quarter, compared to analyst estimates of $237.44 million. As a group, equities analysts anticipate that Alarm.com Holdings, Inc. will post 1.64 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com raised Alarm.com from a “hold” rating to a “buy” rating in a report on Wednesday, December 18th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $64.40.

Institutional Trading of Alarm.com

A number of hedge funds have recently modified their holdings of ALRM. SBI Securities Co. Ltd. purchased a new stake in shares of Alarm.com in the fourth quarter valued at $25,000. C M Bidwell & Associates Ltd. purchased a new stake in shares of Alarm.com in the fourth quarter valued at $36,000. Quarry LP lifted its holdings in shares of Alarm.com by 291.7% in the third quarter. Quarry LP now owns 705 shares of the software maker’s stock valued at $39,000 after purchasing an additional 525 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings 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 valued at $57,000 after purchasing an additional 539 shares in the last quarter. Finally, Huntington National Bank lifted its holdings 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 valued at $58,000 after purchasing an additional 367 shares in the last quarter. Hedge funds and other institutional investors own 91.74% of the company’s stock.

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.