denkapparat Operations GmbH Buys Shares of 3,418 Alarm.com Holdings, Inc. (NASDAQ:ALRM)

denkapparat Operations GmbH purchased a new position in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) in the fourth quarter, HoldingsChannel reports. The fund purchased 3,418 shares of the software maker’s stock, valued at approximately $208,000.

A number of other institutional investors have also modified their holdings of ALRM. Norges Bank acquired a new stake in Alarm.com during the fourth quarter worth approximately $34,841,000. Disciplined Growth Investors Inc. MN lifted its stake in shares of Alarm.com by 6.0% during the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 2,874,849 shares of the software maker’s stock worth $157,168,000 after purchasing an additional 163,851 shares during the period. FMR LLC boosted its holdings in shares of Alarm.com by 129.0% during the third quarter. FMR LLC now owns 153,865 shares of the software maker’s stock worth $8,412,000 after purchasing an additional 86,683 shares during the last quarter. Barclays PLC grew its position in shares of Alarm.com by 323.2% in the third quarter. Barclays PLC now owns 91,402 shares of the software maker’s stock valued at $4,997,000 after purchasing an additional 69,804 shares during the period. Finally, Vanguard Group Inc. increased 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 valued at $383,091,000 after purchasing an additional 68,907 shares during the last quarter. Institutional investors and hedge funds own 91.74% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Alarm.com from a “hold” rating to a “buy” rating in a research note on Wednesday, December 18th. One 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. Based on data from MarketBeat.com, Alarm.com currently has a consensus rating of “Hold” and an average target price of $64.40.

Alarm.com Trading Down 3.1 %

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

Alarm.com (NASDAQ:ALRM) last released 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). The firm had revenue of $242.24 million during the quarter, compared to analysts’ expectations of $237.44 million. Alarm.com had a return on equity of 13.55% and a net margin of 13.21%. On average, equities research analysts forecast that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current year.

Insider Transactions at Alarm.com

In other Alarm.com news, CFO Steve Valenzuela sold 3,436 shares of the stock in a transaction that occurred on Wednesday, March 12th. The shares were 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 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 5.60% of the company’s stock.

About Alarm.com

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.