Alarm.com Holdings, Inc. $ALRM Shares Sold by Trexquant Investment LP

Key Points

• Trexquant Investment LP has reduced its position in Alarm.com Holdings, Inc. by 5.3%, owning approximately $8.23 million worth of the company's stock after selling 8,257 shares.
• Alarm.com reported a net margin of 13.27% and earnings of $0.60 per share for the last quarter, surpassing analyst expectations of $0.52 EPS.
• The company's stock is down 0.2% and currently has a consensus target price of $64.33, with various analysts rating it as a Moderate Buy.

Trexquant Investment LP reduced its position in Alarm.com Holdings, Inc. (NASDAQ:ALRM - Free Report) by 5.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 147,893 shares of the software maker's stock after selling 8,257 shares during the quarter. Trexquant Investment LP owned approximately 0.30% of Alarm.com worth $8,230,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of ALRM. Tower Research Capital LLC TRC grew its position in Alarm.com by 32.1% in the 4th quarter. Tower Research Capital LLC TRC now owns 4,012 shares of the software maker's stock valued at $244,000 after acquiring an additional 974 shares in the last quarter. Stifel Financial Corp increased its stake in shares of Alarm.com by 29.5% during the fourth quarter. Stifel Financial Corp now owns 17,116 shares of the software maker's stock worth $1,041,000 after buying an additional 3,896 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in Alarm.com by 5.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 71,133 shares of the software maker's stock valued at $4,326,000 after purchasing an additional 3,530 shares in the last quarter. Voya Investment Management LLC boosted its holdings in Alarm.com by 3.4% in the fourth quarter. Voya Investment Management LLC now owns 27,372 shares of the software maker's stock valued at $1,664,000 after purchasing an additional 907 shares in the last quarter. Finally, Northern Trust Corp boosted its holdings in Alarm.com by 1.5% in the fourth quarter. Northern Trust Corp now owns 704,309 shares of the software maker's stock valued at $42,822,000 after purchasing an additional 10,674 shares in the last quarter. 91.74% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Raymond James Financial lowered their price target on Alarm.com from $85.00 to $80.00 and set a "strong-buy" rating for the company in a report on Friday, May 9th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $64.33.

Alarm.com Stock Performance

NASDAQ ALRM traded down $0.15 on Thursday, reaching $56.85. The stock had a trading volume of 123,164 shares, compared to its average volume of 348,621. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.82 and a current ratio of 1.95. Alarm.com Holdings, Inc. has a 12-month low of $48.23 and a 12-month high of $70.06. The business's 50-day moving average price is $56.27 and its 200 day moving average price is $56.32. The stock has a market cap of $2.84 billion, a P/E ratio of 23.89, a price-to-earnings-growth ratio of 2.92 and a beta of 1.07.

Alarm.com (NASDAQ:ALRM - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The software maker reported $0.60 EPS for the quarter, topping the consensus estimate of $0.52 by $0.08. Alarm.com had a return on equity of 13.84% and a net margin of 13.27%.The business had revenue of $254.31 million during the quarter, compared to analysts' expectations of $243.96 million. During the same quarter in the prior year, the business earned $0.58 earnings per share. The company's quarterly revenue was up 8.8% compared to the same quarter last year. Alarm.com has set its FY 2025 guidance at 2.400-2.400 EPS. As a group, equities analysts expect that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current year.

Insider Transactions at Alarm.com

In other Alarm.com news, CFO Kevin Christopher Bradley sold 754 shares of the stock in a transaction on Wednesday, July 2nd. The stock was sold at an average price of $56.75, for a total value of $42,789.50. Following the completion of the transaction, the chief financial officer owned 53,056 shares in the company, valued at approximately $3,010,928. This represents a 1.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 5.60% of the company's stock.

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.