Steve Valenzuela Sells 3,436 Shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM) CFO Steve Valenzuela sold 3,436 shares of the stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $58.45, for a total value of $200,834.20. Following the transaction, the chief financial officer now owns 37,500 shares in the company, valued at $2,191,875. The trade was a 8.39 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Alarm.com Stock Up 0.8 %

Shares of ALRM opened at $58.49 on Friday. The firm has a 50 day simple moving average of $60.68 and a two-hundred day simple moving average of $59.41. 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 one year low of $51.87 and a one year high of $74.97. The company has a market cap of $2.90 billion, a P/E ratio of 25.54, a P/E/G ratio of 3.59 and a beta of 1.10.

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

Analyst Ratings Changes

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 analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $64.40.

Institutional Trading of Alarm.com

Hedge funds have recently made changes to their positions in the company. SBI Securities Co. Ltd. bought a new position in Alarm.com in the 4th quarter valued at approximately $25,000. C M Bidwell & Associates Ltd. bought a new position in shares of Alarm.com during the fourth quarter valued at $36,000. Quarry LP lifted its holdings in shares of Alarm.com by 291.7% during the third quarter. Quarry LP now owns 705 shares of the software maker’s stock worth $39,000 after purchasing an additional 525 shares during the period. Nisa Investment Advisors LLC grew its stake in shares of Alarm.com by 134.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 939 shares of the software maker’s stock worth $57,000 after purchasing an additional 539 shares during the last quarter. Finally, Huntington National Bank increased its stake in shares of Alarm.com by 52.4% in the third quarter. Huntington National Bank now owns 1,068 shares of the software maker’s stock valued at $58,000 after buying an additional 367 shares during the period. 91.74% of the stock is owned by institutional investors and hedge funds.

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.