Jump Financial LLC Buys Shares of 10,315 Alarm.com Holdings, Inc. (NASDAQ:ALRM)

Jump Financial LLC acquired a new stake in Alarm.com Holdings, Inc. (NASDAQ:ALRM - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 10,315 shares of the software maker's stock, valued at approximately $627,000.

A number of other institutional investors have also bought and sold shares of ALRM. Barclays PLC boosted its position in shares of Alarm.com by 323.2% during the 3rd quarter. Barclays PLC now owns 91,402 shares of the software maker's stock valued at $4,997,000 after acquiring an additional 69,804 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Alarm.com by 29.5% in the 4th quarter. GAMMA Investing LLC now owns 1,045 shares of the software maker's stock valued at $64,000 after purchasing an additional 238 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in Alarm.com by 2.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 391,212 shares of the software maker's stock valued at $23,786,000 after purchasing an additional 9,935 shares during the last quarter. Argent Capital Management LLC grew its stake in shares of Alarm.com by 38.6% in the 4th quarter. Argent Capital Management LLC now owns 7,096 shares of the software maker's stock valued at $431,000 after buying an additional 1,975 shares during the period. Finally, Avanza Fonder AB acquired a new position in Alarm.com in the fourth quarter valued at approximately $120,000. 91.74% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Alarm.com

In related news, insider Daniel Kerzner sold 932 shares of the business's stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $55.49, for a total value of $51,716.68. Following the transaction, the insider now owns 58,736 shares in the company, valued at $3,259,260.64. The trade was a 1.56 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Steve Valenzuela sold 3,436 shares of Alarm.com stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $58.45, for a total value 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 disclosure for this sale can be found here. Over the last three months, insiders have sold 5,921 shares of company stock worth $338,727. 5.60% of the stock is owned by company insiders.

Alarm.com Stock Down 0.2 %

Shares of ALRM traded down $0.11 during mid-day trading on Tuesday, reaching $53.33. The company's stock had a trading volume of 27,624 shares, compared to its average volume of 416,989. 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 12-month low of $48.23 and a 12-month high of $71.98. The stock has a market cap of $2.65 billion, a PE ratio of 23.31, a price-to-earnings-growth ratio of 3.59 and a beta of 1.03. The company's 50 day moving average is $55.39 and its 200 day moving average is $59.07.

Alarm.com (NASDAQ:ALRM - Get Free Report) last released its quarterly earnings data 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). 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. Equities analysts anticipate that Alarm.com Holdings, Inc. will post 1.64 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Barclays reduced their price target on shares of Alarm.com from $67.00 to $60.00 and set an "equal weight" rating on the stock in a research note on Monday, April 14th. The Goldman Sachs Group lowered their target price on Alarm.com from $66.00 to $58.00 and set a "neutral" rating for the company in a report on Thursday, April 17th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Alarm.com currently has an average rating of "Hold" and an average price target of $61.20.

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.