Alarm.com Holdings, Inc. (NASDAQ:ALRM) Shares Bought by Keebeck Alpha LP

Keebeck Alpha LP raised its position in Alarm.com Holdings, Inc. (NASDAQ:ALRMGet Rating) by 69.0% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 6,704 shares of the software maker’s stock after acquiring an additional 2,736 shares during the period. Keebeck Alpha LP’s holdings in Alarm.com were worth $446,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in ALRM. Qube Research & Technologies Ltd lifted its stake in shares of Alarm.com by 14.4% in the 4th quarter. Qube Research & Technologies Ltd now owns 4,644 shares of the software maker’s stock worth $394,000 after acquiring an additional 583 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Alarm.com by 30.5% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,821 shares of the software maker’s stock valued at $494,000 after purchasing an additional 1,360 shares during the period. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Alarm.com in the fourth quarter valued at about $55,000. Mutual of America Capital Management LLC lifted its stake in shares of Alarm.com by 2.8% in the fourth quarter. Mutual of America Capital Management LLC now owns 6,292 shares of the software maker’s stock valued at $534,000 after purchasing an additional 170 shares during the period. Finally, Advisor Group Holdings Inc. lifted its stake in shares of Alarm.com by 23.6% in the fourth quarter. Advisor Group Holdings Inc. now owns 6,092 shares of the software maker’s stock valued at $517,000 after purchasing an additional 1,165 shares during the period. Institutional investors and hedge funds own 91.77% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on ALRM. Raymond James raised their target price on shares of Alarm.com from $80.00 to $83.00 in a report on Wednesday, August 10th. Bank of America initiated coverage on shares of Alarm.com in a report on Wednesday, April 20th. They set a “buy” rating and a $75.00 price target for the company. William Blair reiterated a “market perform” rating on shares of Alarm.com in a report on Wednesday, August 10th. Roth Capital lifted their price target on shares of Alarm.com from $75.00 to $81.00 and gave the stock a “buy” rating in a report on Wednesday, August 10th. Finally, Barclays boosted their target price on shares of Alarm.com from $63.00 to $75.00 and gave the company an “equal weight” rating in a report on Wednesday, August 10th. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $80.80.

Alarm.com Stock Up 0.0 %

ALRM stock opened at $76.38 on Wednesday. The company has a debt-to-equity ratio of 0.87, a current ratio of 6.27 and a quick ratio of 5.50. Alarm.com Holdings, Inc. has a 1-year low of $54.99 and a 1-year high of $90.69. The firm has a fifty day moving average price of $66.35 and a two-hundred day moving average price of $65.29. The firm has a market cap of $3.80 billion, a price-to-earnings ratio of 92.03, a PEG ratio of 4.81 and a beta of 1.18.

Alarm.com (NASDAQ:ALRMGet Rating) last released its earnings results on Tuesday, August 9th. The software maker reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.08. Alarm.com had a net margin of 5.29% and a return on equity of 10.90%. The firm had revenue of $212.80 million during the quarter, compared to analyst estimates of $207.93 million. During the same quarter in the previous year, the firm earned $0.43 earnings per share. The firm’s revenue for the quarter was up 12.7% compared to the same quarter last year. Research analysts predict that Alarm.com Holdings, Inc. will post 1.12 EPS for the current year.

Insider Buying and Selling at Alarm.com

In other Alarm.com news, VP Daniel Ramos sold 7,877 shares of the business’s stock in a transaction on Friday, August 12th. The shares were sold at an average price of $75.24, for a total transaction of $592,665.48. Following the completion of the sale, the vice president now owns 37,500 shares in the company, valued at $2,821,500. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, CFO Steve Valenzuela sold 6,820 shares of the company’s stock in a transaction dated Friday, August 12th. The shares were sold at an average price of $75.60, for a total transaction of $515,592.00. Following the completion of the transaction, the chief financial officer now owns 36,309 shares in the company, valued at $2,744,960.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Daniel Ramos sold 7,877 shares of the company’s stock in a transaction dated Friday, August 12th. The stock was sold at an average price of $75.24, for a total transaction of $592,665.48. Following the transaction, the vice president now owns 37,500 shares of the company’s stock, valued at approximately $2,821,500. The disclosure for this sale can be found here. Insiders sold a total of 15,394 shares of company stock worth $1,152,684 over the last 90 days. Insiders own 5.50% of the company’s stock.

Alarm.com Company Profile

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Alarm.com Holdings, Inc provides cloud-based solutions for smart residential and commercial properties in the United States and internationally. It operates in two segments, Alarm.com and Other. The company provides interactive security solutions to control and monitor their security systems, as well as connected security devices, including door locks, motion sensors, door locks, garage doors, Internet of Things, thermostats, and video cameras; and video monitoring solutions, such as video analytics, live streaming, video doorbell, video clips, video alerts, continuous high definition recording, and commercial video surveillance solutions.

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Institutional Ownership by Quarter for Alarm.com (NASDAQ:ALRM)

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