Alarm.com Holdings, Inc. (NASDAQ:ALRM) Insider Daniel Ramos Sells 1,418 Shares

Alarm.com Holdings, Inc. (NASDAQ:ALRMGet Free Report) insider Daniel Ramos sold 1,418 shares of the business’s stock in a transaction that occurred on Tuesday, April 2nd. The stock was sold at an average price of $70.00, for a total transaction of $99,260.00. Following the completion of the sale, the insider now owns 38,282 shares of the company’s stock, valued at $2,679,740. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Daniel Ramos also recently made the following trade(s):

  • On Tuesday, February 27th, Daniel Ramos sold 8,250 shares of Alarm.com stock. The stock was sold at an average price of $74.44, for a total transaction of $614,130.00.

Alarm.com Stock Up 0.4 %

NASDAQ:ALRM opened at $70.52 on Thursday. The firm’s 50-day moving average price is $70.16 and its 200-day moving average price is $62.70. The company has a market capitalization of $3.52 billion, a PE ratio of 46.09, a P/E/G ratio of 4.04 and a beta of 0.94. The company has a debt-to-equity ratio of 0.72, a current ratio of 5.46 and a quick ratio of 4.91. Alarm.com Holdings, Inc. has a 1-year low of $44.92 and a 1-year high of $77.29.

Alarm.com (NASDAQ:ALRMGet Free Report) last released its earnings results on Thursday, February 22nd. The software maker reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.01). The business had revenue of $226.20 million during the quarter, compared to analysts’ expectations of $224.93 million. Alarm.com had a return on equity of 11.61% and a net margin of 9.19%. The firm’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.33 earnings per share. On average, equities analysts predict that Alarm.com Holdings, Inc. will post 1.39 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

ALRM has been the topic of several analyst reports. Roth Mkm lifted their target price on shares of Alarm.com from $67.00 to $70.00 and gave the stock a “buy” rating in a research note on Wednesday, January 3rd. StockNews.com raised shares of Alarm.com from a “buy” rating to a “strong-buy” rating in a research note on Friday, March 15th. TheStreet raised shares of Alarm.com from a “c+” rating to a “b-” rating in a research report on Friday, February 23rd. Barclays boosted their price objective on shares of Alarm.com from $66.00 to $78.00 and gave the company an “equal weight” rating in a research report on Friday, February 23rd. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Alarm.com from $62.00 to $70.00 and gave the company a “neutral” rating in a research report on Friday, February 23rd. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Alarm.com has a consensus rating of “Buy” and an average price target of $68.83.

Read Our Latest Research Report on ALRM

Institutional Trading of Alarm.com

A number of hedge funds and other institutional investors have recently modified their holdings of ALRM. Vanguard Group Inc. boosted its stake in Alarm.com by 1.1% in the 3rd quarter. Vanguard Group Inc. now owns 5,824,656 shares of the software maker’s stock worth $356,119,000 after purchasing an additional 62,262 shares in the last quarter. William Blair Investment Management LLC boosted its stake in Alarm.com by 0.3% in the 3rd quarter. William Blair Investment Management LLC now owns 2,535,196 shares of the software maker’s stock worth $155,002,000 after purchasing an additional 7,478 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Alarm.com by 1.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,078,887 shares of the software maker’s stock worth $69,715,000 after purchasing an additional 16,704 shares in the last quarter. Geode Capital Management LLC boosted its stake in Alarm.com by 2.8% in the 2nd quarter. Geode Capital Management LLC now owns 986,032 shares of the software maker’s stock worth $50,958,000 after purchasing an additional 27,151 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in Alarm.com by 1.5% in the 3rd quarter. Northern Trust Corp now owns 706,274 shares of the software maker’s stock worth $43,182,000 after purchasing an additional 10,245 shares in the last quarter. 91.74% of the stock is owned by hedge funds and other institutional investors.

Alarm.com Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Alarm.com (NASDAQ:ALRM)

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