AlarmCom Hldg Inc (NASDAQ:ALRM) was the recipient of a large increase in short interest during the month of December. As of December 29th, there was short interest totalling 1,248,631 shares, an increase of 86.8% from the December 15th total of 668,528 shares. Currently, 4.7% of the shares of the company are short sold. Based on an average daily volume of 1,160,659 shares, the days-to-cover ratio is currently 1.1 days.
AlarmCom (NASDAQ:ALRM) opened at $36.43 on Friday. The company has a debt-to-equity ratio of -0.81, a quick ratio of 2.88 and a current ratio of 3.16. AlarmCom has a 12 month low of $26.84 and a 12 month high of $49.49. The firm has a market cap of $1,720.00 and a price-to-earnings ratio of 56.05.
AlarmCom (NASDAQ:ALRM) last posted its quarterly earnings results on Wednesday, November 8th. The software maker reported $0.27 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.07. AlarmCom had a net margin of 16.79% and a return on equity of 27.45%. The business had revenue of $90.00 million for the quarter, compared to analysts’ expectations of $83.04 million. During the same period in the prior year, the company posted $0.19 EPS. The business’s revenue for the quarter was up 32.7% on a year-over-year basis. research analysts predict that AlarmCom will post 0.82 earnings per share for the current year.
In other AlarmCom news, insider Vii Lp Tcv sold 121,885 shares of the company’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $42.40, for a total transaction of $5,167,924.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Timothy P. Mcadam sold 20,407 shares of the company’s stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $36.78, for a total transaction of $750,569.46. The disclosure for this sale can be found here. In the last quarter, insiders sold 283,178 shares of company stock valued at $12,111,202. 46.80% of the stock is owned by insiders.
Several large investors have recently bought and sold shares of ALRM. SG Americas Securities LLC acquired a new position in shares of AlarmCom during the 3rd quarter worth $109,000. Macquarie Group Ltd. acquired a new position in shares of AlarmCom during the 3rd quarter worth $147,000. BNP Paribas Arbitrage SA grew its stake in shares of AlarmCom by 95.8% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 4,156 shares of the software maker’s stock worth $156,000 after purchasing an additional 2,033 shares during the period. Victory Capital Management Inc. grew its stake in shares of AlarmCom by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 4,215 shares of the software maker’s stock worth $159,000 after purchasing an additional 632 shares during the period. Finally, Legal & General Group Plc grew its stake in shares of AlarmCom by 57.4% during the 2nd quarter. Legal & General Group Plc now owns 4,586 shares of the software maker’s stock worth $172,000 after purchasing an additional 1,673 shares during the period. 83.16% of the stock is currently owned by institutional investors and hedge funds.
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Alarm.com Holdings, Inc is a platform solution for the connected property. The Company offers a suite of cloud-based solutions for the smart home and business, including interactive security, video monitoring, intelligent automation and energy management. The Company operates through two segments: Alarm.com and Other.
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