Alarm.com Holdings, Inc. (NASDAQ:ALRM) Insider Daniel Ramos Sells 7,000 Shares

Alarm.com Holdings, Inc. (NASDAQ:ALRM - Get Free Report) insider Daniel Ramos sold 7,000 shares of the company's stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $57.68, for a total value of $403,760.00. Following the sale, the insider now owns 42,192 shares of the company's stock, valued at $2,433,634.56. This trade represents a 14.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Friday, May 23rd, Daniel Ramos sold 1,762 shares of Alarm.com stock. The stock was sold at an average price of $56.66, for a total transaction of $99,834.92.
• On Friday, May 16th, Daniel Ramos sold 1,646 shares of Alarm.com stock. The stock was sold at an average price of $59.51, for a total transaction of $97,953.46.
• On Wednesday, May 14th, Daniel Ramos sold 6,890 shares of Alarm.com stock. The shares were sold at an average price of $60.06, for a total value of $413,813.40.

Alarm.com Stock Performance

ALRM traded down $0.18 during trading on Friday, reaching $57.40. 309,346 shares of the company's stock were exchanged, compared to its average volume of 408,672. 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 $48.23 and a 1 year high of $71.98. The company's fifty day simple moving average is $54.53 and its 200-day simple moving average is $59.24. The stock has a market capitalization of $2.86 billion, a P/E ratio of 25.07, a price-to-earnings-growth ratio of 3.59 and a beta of 1.02.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Raymond James decreased their price target on Alarm.com from $85.00 to $80.00 and set a "strong-buy" rating for the company in a research note on Friday, May 9th. Barclays decreased their price objective on shares of Alarm.com from $67.00 to $60.00 and set an "equal weight" rating for the company in a research report on Monday, April 14th. Finally, 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 note on Thursday, April 17th. One analyst has rated the stock with a sell rating, two have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $64.33.

Institutional Trading of Alarm.com

A number of hedge funds have recently modified their holdings of the stock. SBI Securities Co. Ltd. purchased a new stake in Alarm.com in the 4th quarter worth approximately $25,000. C M Bidwell & Associates Ltd. acquired a new position in shares of Alarm.com in the 4th quarter valued at $36,000. Bessemer Group Inc. boosted its holdings in Alarm.com by 304.6% during the first quarter. Bessemer Group Inc. now owns 708 shares of the software maker's stock worth $39,000 after buying an additional 533 shares in the last quarter. Larson Financial Group LLC increased its holdings in Alarm.com by 235.5% in the first quarter. Larson Financial Group LLC now owns 916 shares of the software maker's stock valued at $51,000 after buying an additional 643 shares in the last quarter. Finally, Nisa Investment Advisors LLC increased its holdings in Alarm.com by 134.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 939 shares of the software maker's stock valued at $57,000 after buying an additional 539 shares in the last quarter. Hedge funds and other institutional investors own 91.74% of the company's stock.

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.