Alarm.com Holdings, Inc. (NASDAQ:ALRM) Shares Bought by WINTON GROUP Ltd

WINTON GROUP Ltd lifted its stake in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 30.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 17,398 shares of the software maker’s stock after purchasing an additional 4,109 shares during the period. WINTON GROUP Ltd’s holdings in Alarm.com were worth $1,058,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in Alarm.com by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 6,300,842 shares of the software maker’s stock worth $383,091,000 after acquiring an additional 68,907 shares during the last quarter. Disciplined Growth Investors Inc. MN raised its holdings in shares of Alarm.com by 6.0% in the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 2,874,849 shares of the software maker’s stock valued at $157,168,000 after purchasing an additional 163,851 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Alarm.com by 1.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 530,383 shares of the software maker’s stock worth $32,247,000 after purchasing an additional 8,840 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in shares of Alarm.com by 2.6% during the fourth quarter. Assenagon Asset Management S.A. now owns 391,212 shares of the software maker’s stock worth $23,786,000 after purchasing an additional 9,935 shares in the last quarter. Finally, DF Dent & Co. Inc. increased its holdings in Alarm.com by 23.3% in the third quarter. DF Dent & Co. Inc. now owns 359,399 shares of the software maker’s stock valued at $19,648,000 after buying an additional 67,824 shares during the last quarter. 91.74% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com raised Alarm.com from a “hold” rating to a “buy” rating in a report on Wednesday, December 18th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $64.40.

Alarm.com Price Performance

Shares of NASDAQ:ALRM opened at $55.81 on Friday. Alarm.com Holdings, Inc. has a 12 month low of $51.87 and a 12 month high of $72.37. The firm has a market capitalization of $2.77 billion, a P/E ratio of 24.37, a P/E/G ratio of 3.59 and a beta of 1.10. The company has a debt-to-equity ratio of 1.35, a current ratio of 7.85 and a quick ratio of 7.38. The company’s fifty day moving average price is $60.10 and its 200 day moving average price is $59.37.

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 return on equity of 13.55% and a net margin of 13.21%. The firm had revenue of $242.24 million for the quarter, compared to analyst estimates of $237.44 million. As a group, sell-side analysts predict that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, 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 sale, the chief financial officer now directly owns 37,500 shares of the company’s stock, valued at approximately $2,191,875. This represents a 8.39 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 5.60% of the stock is currently owned by corporate insiders.

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.