59,056 Shares in Alarm.com Holdings, Inc. $ALRM Acquired by Summit Creek Advisors LLC

Key Points

• Summit Creek Advisors acquired 59,056 shares of Alarm.com in the second quarter, valued at approximately $2.76 million, while institutional investors collectively own 91.74% of the company.
• Alarm.com exceeded quarterly expectations, reporting $0.77 in EPS versus a $0.65 consensus estimate and $277.73 million in revenue, up 9.2% year over year.
• The stock opened at $55.57, near analysts’ consensus price target of $55.00. Analyst sentiment remains mixed, with a consensus “Hold” rating despite a Raymond James “Strong Buy” and a $65 price target.

Summit Creek Advisors LLC bought a new position in Alarm.com Holdings, Inc. (NASDAQ:ALRM - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 59,056 shares of the software maker's stock, valued at approximately $2,759,000. Summit Creek Advisors LLC owned 0.12% of Alarm.com as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the business. Amundi boosted its holdings in shares of Alarm.com by 6.8% during the first quarter. Amundi now owns 17,532 shares of the software maker's stock worth $920,000 after purchasing an additional 1,113 shares during the last quarter. AQR Capital Management LLC increased its stake in Alarm.com by 7.8% in the first quarter. AQR Capital Management LLC now owns 59,005 shares of the software maker's stock valued at $3,284,000 after purchasing an additional 4,246 shares during the last quarter. Woodline Partners LP acquired a new position in Alarm.com in the first quarter valued at $514,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Alarm.com by 4.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 131,200 shares of the software maker's stock worth $7,301,000 after buying an additional 6,080 shares during the period. Finally, Jane Street Group LLC lifted its position in Alarm.com by 610.0% during the first quarter. Jane Street Group LLC now owns 114,715 shares of the software maker's stock worth $6,384,000 after buying an additional 98,557 shares during the period. 91.74% of the stock is currently owned by institutional investors and hedge funds.

Alarm.com Price Performance

Shares of Alarm.com stock opened at $55.57 on Wednesday. The business's fifty day moving average price is $50.98 and its 200 day moving average price is $47.42. Alarm.com Holdings, Inc. has a twelve month low of $41.49 and a twelve month high of $59.53. The company has a current ratio of 4.96, a quick ratio of 4.38 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $2.75 billion, a P/E ratio of 24.59, a PEG ratio of 1.86 and a beta of 0.76.

Alarm.com (NASDAQ:ALRM - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The software maker reported $0.77 EPS for the quarter, topping the consensus estimate of $0.65 by $0.12. The company had revenue of $277.73 million during the quarter, compared to analyst estimates of $264.96 million. Alarm.com had a return on equity of 15.65% and a net margin of 11.11%.The firm's revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.60 earnings per share. Alarm.com has set its FY 2026 guidance at 2.920-2.940 EPS. As a group, research analysts anticipate that Alarm.com Holdings, Inc. will post 2.34 earnings per share for the current year.

Insider Buying and Selling at Alarm.com

In other Alarm.com news, CFO Kevin Christopher Bradley sold 5,400 shares of the business's stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $55.07, for a total transaction of $297,378.00. Following the completion of the sale, the chief financial officer directly owned 78,222 shares in the company, valued at $4,307,685.54. The trade was a 6.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Daniel Ramos sold 8,000 shares of the stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $46.23, for a total transaction of $369,840.00. Following the completion of the sale, the insider directly owned 55,099 shares of the company's stock, valued at $2,547,226.77. The trade was a 12.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 30,873 shares of company stock worth $1,446,228. 4.80% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Raymond James Financial restated a "strong-buy" rating and issued a $65.00 price target on shares of Alarm.com in a report on Friday, August 7th. Wall Street Zen upgraded shares of Alarm.com from a "hold" rating to a "buy" rating in a report on Sunday. Weiss Ratings raised shares of Alarm.com from a "hold (c-)" rating to a "hold (c)" rating in a research report on Wednesday, July 29th. Finally, Barclays boosted their target price on shares of Alarm.com from $55.00 to $60.00 and gave the company an "equal weight" rating in a report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Alarm.com currently has a consensus rating of "Hold" and a consensus price target of $55.00.

About Alarm.com

Alarm.com Holdings, Inc provides a cloud-based software platform for connected properties, enabling residential and commercial customers to monitor, manage and control security, energy and home automation solutions. The company's interactive services connect security systems, smart thermostats, door locks, lights and video cameras through cellular, broadband and Z-Wave networks, offering real-time alerts and remote access via mobile and web applications.

Through its platform, Alarm.com delivers an integrated suite of products that includes intrusion detection, video monitoring and cloud recording, energy management features such as smart thermostat scheduling, and home automation controls for lighting, garage doors and connected appliances.

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