Home Commercial trading Insider Selling: Alarm.com Holdings, Inc. (NASDAQ: ALRM) Insider sells 231 shares

Insider Selling: Alarm.com Holdings, Inc. (NASDAQ: ALRM) Insider sells 231 shares

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Alarm.com Holdings, Inc. (NASDAQ: ALRM – Get a rating) insider Jeffrey A. Bedell sold 231 shares of the company in a trade on Friday, September 9. The stock was sold at an average price of $71.00, for a total transaction of $16,401.00. Following the completion of the transaction, the insider now owns 469,282 shares of the company, valued at $33,319,022. The sale was disclosed in a legal filing with the Securities & Exchange Commission, accessible via this link.

Alarm.com is trading down 4.2%

ALRM stock traded down $3.02 during Tuesday’s trading, hitting $68.15. The company had a trading volume of 195,273 shares, compared to an average volume of 251,633. Alarm.com Holdings, Inc. has a 52-week low of $54.99 and a 52-week high of $90.69 . The company has a market capitalization of $3.39 billion, a P/E ratio of 82.11, a PEG ratio of 4.30 and a beta of 1.19. The company has a 50-day moving average of $69.47 and a 200-day moving average of $65.12. The company has a debt ratio of 0.87, a current ratio of 6.27 and a quick ratio of 5.50.

Alarm.com (NASDAQ:ALRM – Get a rating) last released its quarterly results on Tuesday, August 9. The software maker reported earnings per share (EPS) of $0.32 for the quarter, beating analyst consensus estimates of $0.22 by $0.10. Alarm.com had a net margin of 5.29% and a return on equity of 10.90%. The company posted revenue of $212.80 million in the quarter, versus a consensus estimate of $207.93 million. In the same period a year earlier, the company earned earnings per share of $0.43. Alarm.com revenue increased 12.7% year over year. As a group, sell-side analysts expect Alarm.com Holdings, Inc. to post earnings per share of 1.16 for the current fiscal year.

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A number of institutional investors have been buying and selling stocks recently. Bares Capital Management Inc. increased its stake in Alarm.com by 3.2% in the second quarter. Bares Capital Management Inc. now owns 868,726 shares of the software maker worth $53,739,000 after buying an additional 26,802 shares last quarter. Woodline Partners LP purchased a new position in shares of Alarm.com during the second quarter valued at approximately $1,369,000. Thrivent Financial for Lutherans increased its stake in shares of Alarm.com by 20.8% during the second quarter. Thrivent Financial for Lutherans now owns 45,272 shares of the software maker valued at $2,801,000 after buying an additional 7,780 shares in the last quarter. DF Dent & Co. Inc. increased its stake in shares of Alarm.com by 8.2% during the second quarter. DF Dent & Co. Inc. now owns 127,929 shares of the software maker valued at $7,914,000 after buying an additional 9,650 shares last quarter. Finally, Quantbot Technologies LP bought a new position in shares of Alarm.com during the second quarter valued at around $92,000. 91.43% of the shares are held by institutional investors.

Analyst upgrades and downgrades

Several research analysts have recently published reports on ALRM shares. Raymond James raised his target price on Alarm.com shares from $80.00 to $83.00 in a Wednesday, August 10 research report. StockNews.com downgraded shares of Alarm.com from a “buy” rating to a “hold” rating in a Thursday, Aug. 18, research report. William Blair rephrased a “market performance” rating on Alarm.com shares in a Wednesday, August 10 research report. TheStreet downgraded shares of Alarm.com from a “c” rating to a “b-” rating in a Wednesday, August 10, report. Finally, Barclays raised its price target on Alarm.com shares from $63.00 to $75.00 and gave the stock an “equal weight” rating in a Wednesday, August 10 report. Three equity research analysts gave the stock a hold rating, three gave the company a buy rating and one gave the company’s stock a strong buy rating. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $80.80.

Alarm.com Company Profile

(Get a rating)

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

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Insider buying and selling by quarter for Alarm.com (NASDAQ:ALRM)

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