Alarm.com Holdings, Inc. (NASDAQ:ALRM) Given Consensus Rating of "Moderate Buy" by Analysts

Shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the six research firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $64.33.

Several equities analysts have weighed in on the company. Barclays cut their target price on 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 cut their price target on shares of Alarm.com from $66.00 to $58.00 and set a "neutral" rating on the stock in a research report on Thursday, April 17th. Finally, Raymond James decreased their price objective on shares of Alarm.com from $85.00 to $80.00 and set a "strong-buy" rating for the company in a report on Friday, May 9th.

Insider Activity

In other 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 sale, the insider now directly owns 58,736 shares in the company, valued at $3,259,260.64. The trade was a 1.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Daniel Ramos sold 7,000 shares of the company's stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $57.68, for a total value of $403,760.00. Following the transaction, the insider now directly owns 42,192 shares of the company's stock, valued at $2,433,634.56. This represents a 14.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 39,334 shares of company stock worth $2,290,118 over the last quarter. 5.80% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Alarm.com

Institutional investors have recently bought and sold shares of the company. SBI Securities Co. Ltd. acquired a new stake in shares of Alarm.com in the fourth quarter valued at approximately $25,000. C M Bidwell & Associates Ltd. bought a new position in Alarm.com in the fourth quarter valued at $36,000. Bessemer Group Inc. increased its stake in Alarm.com by 304.6% in the 1st quarter. Bessemer Group Inc. now owns 708 shares of the software maker's stock valued at $39,000 after buying an additional 533 shares during the last quarter. Larson Financial Group LLC lifted its position in Alarm.com by 235.5% during the 1st quarter. Larson Financial Group LLC now owns 916 shares of the software maker's stock worth $51,000 after buying an additional 643 shares in the last quarter. Finally, Strs Ohio bought a new stake in Alarm.com during the 1st quarter worth about $56,000. Institutional investors own 91.74% of the company's stock.

Alarm.com Trading Down 1.7%

NASDAQ:ALRM traded down $0.98 on Tuesday, hitting $57.84. 336,952 shares of the stock were exchanged, compared to its average volume of 405,289. The company has a debt-to-equity ratio of 1.35, a quick ratio of 7.38 and a current ratio of 7.85. Alarm.com has a 52 week low of $48.23 and a 52 week high of $71.98. The stock has a market capitalization of $2.88 billion, a price-to-earnings ratio of 25.26, a P/E/G ratio of 3.59 and a beta of 1.02. The company's 50-day moving average price is $54.54 and its 200 day moving average price is $59.18.

About Alarm.com

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.