AlarmCom Hldg Inc (ALRM) Short Interest Update

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.

A number of equities analysts have commented on ALRM shares. Zacks Investment Research downgraded shares of AlarmCom from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 10th. Jefferies Group started coverage on shares of AlarmCom in a research report on Friday, October 6th. They set a “hold” rating and a $43.00 price objective for the company. William Blair restated an “outperform” rating on shares of AlarmCom in a research report on Thursday, September 21st. Northland Securities restated a “buy” rating and set a $51.00 price objective on shares of AlarmCom in a research report on Friday, October 13th. Finally, BidaskClub downgraded shares of AlarmCom from a “hold” rating to a “sell” rating in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the stock. AlarmCom presently has an average rating of “Hold” and an average price target of $46.90.

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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About AlarmCom

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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