Aviso Financial Inc. Makes New Investment in Alarm.com Holdings, Inc. (NASDAQ:ALRM)

Aviso Financial Inc. purchased a new stake in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 13,250 shares of the software maker’s stock, valued at approximately $806,000.

Several other institutional investors have also recently made changes to their positions in ALRM. Daiwa Securities Group Inc. lifted its position in Alarm.com by 8.1% during the fourth quarter. Daiwa Securities Group Inc. now owns 2,670 shares of the software maker’s stock valued at $162,000 after purchasing an additional 200 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Alarm.com by 29.5% during the 4th quarter. GAMMA Investing LLC now owns 1,045 shares of the software maker’s stock valued at $64,000 after buying an additional 238 shares in the last quarter. Nicolet Advisory Services LLC grew its stake in shares of Alarm.com by 6.0% during the 3rd quarter. Nicolet Advisory Services LLC now owns 4,775 shares of the software maker’s stock valued at $250,000 after acquiring an additional 272 shares during the period. Huntington National Bank increased its holdings in Alarm.com by 52.4% in the 3rd quarter. Huntington National Bank now owns 1,068 shares of the software maker’s stock worth $58,000 after acquiring an additional 367 shares in the last quarter. Finally, SBI Securities Co. Ltd. bought a new stake in Alarm.com during the 4th quarter worth approximately $25,000. Institutional investors own 91.74% of the company’s stock.

Alarm.com Trading Up 0.8 %

ALRM stock opened at $58.49 on Friday. The company has a debt-to-equity ratio of 1.35, a current ratio of 7.85 and a quick ratio of 7.38. Alarm.com Holdings, Inc. has a 1-year low of $51.87 and a 1-year high of $74.97. The business has a 50 day simple moving average of $60.72 and a two-hundred day simple moving average of $59.42. The company has a market capitalization of $2.90 billion, a price-to-earnings ratio of 25.54, a PEG ratio of 3.59 and a beta of 1.10.

Alarm.com (NASDAQ:ALRM) last issued its earnings results on Thursday, February 20th. The software maker reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.06). The company had revenue of $242.24 million for the quarter, compared to the consensus estimate of $237.44 million. Alarm.com had a return on equity of 13.55% and a net margin of 13.21%. Research analysts anticipate that Alarm.com Holdings, Inc. will post 1.64 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Alarm.com from a “hold” rating to a “buy” rating in a research report on Wednesday, December 18th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $64.40.

Insider Buying and Selling

In other Alarm.com news, CFO Steve Valenzuela sold 3,436 shares of the stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $58.45, for a total transaction of $200,834.20. Following the completion of the transaction, the chief financial officer now owns 37,500 shares in the company, valued at $2,191,875. This trade represents a 8.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 5.60% of the stock is owned by company insiders.

Alarm.com Company Profile

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.