34,068 Shares in Alarm.com Holdings, Inc. $ALRM Bought by Capital Fund Management S.A.

Key Points

• Capital Fund Management S.A. has made a new investment of approximately $1.90 million in Alarm.com Holdings, acquiring over 34,000 shares, which represents 0.07% ownership of the company.
• Other institutional investors have also increased their stakes in Alarm.com, with Burgundy Asset Management Ltd. leading with an investment of $42.49 million last quarter.
• Alarm.com reported an earnings per share of $0.60 for the last quarter, exceeding analyst expectations, with a year-over-year revenue growth of 8.8%.

Capital Fund Management S.A. acquired a new position in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 34,068 shares of the software maker's stock, valued at approximately $1,896,000. Capital Fund Management S.A. owned approximately 0.07% of Alarm.com as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Bessemer Group Inc. increased its stake in shares of Alarm.com by 304.6% in the 1st quarter. Bessemer Group Inc. now owns 708 shares of the software maker's stock worth $39,000 after acquiring an additional 533 shares during the last quarter. Larson Financial Group LLC increased its position in Alarm.com by 235.5% during the first quarter. Larson Financial Group LLC now owns 916 shares of the software maker's stock worth $51,000 after purchasing an additional 643 shares during the last quarter. Quarry LP raised its stake in Alarm.com by 43.0% during the fourth quarter. Quarry LP now owns 1,008 shares of the software maker's stock worth $61,000 after purchasing an additional 303 shares during the period. BI Asset Management Fondsmaeglerselskab A S acquired a new position in Alarm.com in the 1st quarter valued at about $73,000. Finally, GAMMA Investing LLC grew its stake in shares of Alarm.com by 87.9% in the 1st quarter. GAMMA Investing LLC now owns 1,964 shares of the software maker's stock valued at $109,000 after buying an additional 919 shares during the period. 91.74% of the stock is currently owned by hedge funds and other institutional investors.

Alarm.com Trading Up 0.4%

NASDAQ:ALRM traded up $0.23 during trading hours on Thursday, reaching $58.75. 474,866 shares of the stock were exchanged, compared to its average volume of 398,804. Alarm.com Holdings, Inc. has a twelve month low of $48.23 and a twelve month high of $70.06. The company has a quick ratio of 1.82, a current ratio of 1.95 and a debt-to-equity ratio of 0.61. The business has a 50-day moving average of $56.19 and a two-hundred day moving average of $56.47. The company has a market capitalization of $2.93 billion, a price-to-earnings ratio of 24.68, a PEG ratio of 2.91 and a beta of 0.97.

Alarm.com (NASDAQ:ALRM - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The software maker reported $0.60 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $254.31 million for the quarter, compared to the consensus estimate of $243.96 million. During the same quarter in the previous year, the business earned $0.58 EPS. 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. On average, equities analysts predict that Alarm.com Holdings, Inc. will post 1.64 EPS for the current year.

Insider Activity

In other news, CFO Kevin Christopher Bradley sold 754 shares of the firm's stock in a transaction that occurred on Wednesday, July 2nd. The shares were 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 of the company's stock, valued at approximately $3,010,928. This trade represents a 1.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 5.80% of the company's stock.

Wall Street Analyst Weigh In

Separately, Raymond James Financial decreased their price objective on Alarm.com from $85.00 to $80.00 and set a "strong-buy" rating on the stock in a report on Friday, May 9th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, Alarm.com presently has an average rating of "Moderate Buy" and a consensus price target of $64.33.

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.