Riverbridge Partners LLC Decreases Stake in Alarm.com Holdings, Inc. $ALRM

Key Points

• Riverbridge Partners trimmed its stake in Alarm.com by 11.3% in Q4, selling 92,079 shares and leaving it with 723,361 shares (about 1.45% of the company) valued at roughly $36.91 million.
• Other institutional moves included Norges Bank buying a new stake of about $33.46 million and large increases from SG Americas, Millennium, Burgundy and Franklin Resources, leaving institutions owning about 91.74% of the stock.
• Alarm.com beat Q4 estimates with $0.72 EPS (vs. $0.66 expected) and $261.66M revenue (vs. $250.75M expected), set FY2026 guidance of 2.780–2.790 EPS, and carries a MarketBeat consensus rating of Moderate Buy with a $57 price target.

Riverbridge Partners LLC decreased its holdings in Alarm.com Holdings, Inc. (NASDAQ:ALRM - Free Report) by 11.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 723,361 shares of the software maker's stock after selling 92,079 shares during the quarter. Riverbridge Partners LLC owned about 1.45% of Alarm.com worth $36,906,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Norges Bank purchased a new stake in shares of Alarm.com during the 2nd quarter worth $33,459,000. SG Americas Securities LLC increased its holdings in shares of Alarm.com by 1,540.0% in the 4th quarter. SG Americas Securities LLC now owns 260,923 shares of the software maker's stock valued at $13,312,000 after purchasing an additional 245,013 shares in the last quarter. Millennium Management LLC lifted its stake in shares of Alarm.com by 112.4% in the third quarter. Millennium Management LLC now owns 236,006 shares of the software maker's stock valued at $12,527,000 after purchasing an additional 124,911 shares during the period. Burgundy Asset Management Ltd. lifted its stake in shares of Alarm.com by 11.7% in the second quarter. Burgundy Asset Management Ltd. now owns 985,882 shares of the software maker's stock valued at $55,771,000 after purchasing an additional 103,531 shares during the period. Finally, Franklin Resources Inc. boosted its holdings in Alarm.com by 1,380.1% during the third quarter. Franklin Resources Inc. now owns 110,181 shares of the software maker's stock worth $5,848,000 after buying an additional 102,737 shares in the last quarter. Institutional investors and hedge funds own 91.74% of the company's stock.

Insider Activity

In related news, CFO Kevin Christopher Bradley sold 1,510 shares of the firm's stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $45.97, for a total transaction of $69,414.70. Following the sale, the chief financial officer owned 51,546 shares in the company, valued at approximately $2,369,569.62. This trade represents a 2.85% 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 hyperlink. Insiders own 5.80% of the company's stock.

Alarm.com Trading Up 0.8%

Shares of ALRM stock opened at $43.21 on Friday. The company has a market capitalization of $2.15 billion, a price-to-earnings ratio of 17.57, a PEG ratio of 1.50 and a beta of 0.80. The company has a current ratio of 1.92, a quick ratio of 1.78 and a debt-to-equity ratio of 0.58. The firm has a 50-day moving average price of $47.31 and a 200 day moving average price of $50.19. Alarm.com Holdings, Inc. has a twelve month low of $42.26 and a twelve month high of $60.76.

Alarm.com (NASDAQ:ALRM - Get Free Report) last released its earnings results on Thursday, February 19th. The software maker reported $0.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.66 by $0.06. The company had revenue of $261.66 million for the quarter, compared to analyst estimates of $250.75 million. Alarm.com had a net margin of 13.11% and a return on equity of 14.79%. The firm's quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.58 EPS. Alarm.com has set its FY 2026 guidance at 2.780-2.790 EPS. Research analysts forecast that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ALRM has been the topic of several recent analyst reports. Weiss Ratings restated a "hold (c-)" rating on shares of Alarm.com in a research report on Tuesday, January 27th. JPMorgan Chase & Co. reduced their price objective on Alarm.com from $55.00 to $40.00 and set an "underweight" rating for the company in a report on Wednesday, February 18th. Zacks Research upgraded Alarm.com from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 24th. Finally, Barclays lowered their price target on shares of Alarm.com from $56.00 to $50.00 and set an "equal weight" rating on the stock in a research report on Friday, February 20th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $57.00.

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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