6,041 Shares in Alarm.com Holdings, Inc. $ALRM Bought by Perbak Capital Partners LLP

Key Points

• Perbak Capital Partners LLP invested approximately $336,000 to acquire 6,041 shares of Alarm.com Holdings, Inc. in the first quarter.
• Alarm.com reported a net margin of 13.27% for the last quarter, achieving a revenue of $254.31 million, surpassing analyst estimates.
• The stock currently holds a consensus rating of "Moderate Buy" with an average price target set at $64.33 by analysts.

Perbak Capital Partners LLP purchased a new position in Alarm.com Holdings, Inc. (NASDAQ:ALRM - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 6,041 shares of the software maker's stock, valued at approximately $336,000.

Other institutional investors also recently added to or reduced their stakes in the company. Bessemer Group Inc. increased its position in Alarm.com by 304.6% during the 1st quarter. Bessemer Group Inc. now owns 708 shares of the software maker's stock valued at $39,000 after purchasing an additional 533 shares during the period. Larson Financial Group LLC increased 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 valued at $51,000 after purchasing an additional 643 shares during the period. BI Asset Management Fondsmaeglerselskab A S purchased a new position in Alarm.com during the 1st quarter valued at about $73,000. GAMMA Investing LLC increased its position in Alarm.com by 87.9% during the 1st quarter. GAMMA Investing LLC now owns 1,964 shares of the software maker's stock valued at $109,000 after purchasing an additional 919 shares during the period. Finally, CWM LLC increased its position in Alarm.com by 95.5% during the 1st quarter. CWM LLC now owns 2,031 shares of the software maker's stock valued at $113,000 after purchasing an additional 992 shares during the period. Hedge funds and other institutional investors own 91.74% of the company's stock.

Alarm.com Stock Performance

ALRM stock traded down $0.14 during trading on Friday, reaching $56.95. The company had a trading volume of 244,836 shares, compared to its average volume of 376,197. The firm has a 50-day simple moving average of $56.30 and a 200-day simple moving average of $56.22. The company has a market cap of $2.84 billion, a price-to-earnings ratio of 23.93, a price-to-earnings-growth ratio of 2.83 and a beta of 1.07. 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 twelve month low of $48.23 and a twelve month high of $70.06.

Alarm.com (NASDAQ:ALRM - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The software maker reported $0.60 EPS for the quarter, beating the consensus estimate of $0.52 by $0.08. Alarm.com had a net margin of 13.27% and a return on equity of 13.84%. The business had revenue of $254.31 million during the quarter, compared to analysts' expectations of $243.96 million. During the same period in the previous year, the business posted $0.58 EPS. The business'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, sell-side analysts expect that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current year.

Insider Buying and Selling

In other Alarm.com news, CFO Kevin Christopher Bradley sold 754 shares of Alarm.com stock in a transaction that occurred on Wednesday, July 2nd. The shares were sold at an average price of $56.75, for a total transaction of $42,789.50. Following the completion of the sale, the chief financial officer directly owned 53,056 shares in the company, valued at approximately $3,010,928. The trade was a 1.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 5.80% of the company's stock.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Alarm.com from a "hold" rating to a "strong-buy" rating in a report on Thursday. Two investment analysts have 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.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $64.33.

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.