Two Sigma Investments LP lessened its position in Alarum Technologies Ltd. (NASDAQ:ALAR - Free Report) by 64.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,979 shares of the company's stock after selling 23,125 shares during the quarter. Two Sigma Investments LP owned 0.19% of Alarum Technologies worth $138,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Wells Fargo & Company MN increased its stake in Alarum Technologies by 150.1% in the 4th quarter. Wells Fargo & Company MN now owns 5,000 shares of the company's stock worth $53,000 after buying an additional 3,001 shares during the period. National Bank of Canada FI purchased a new position in Alarum Technologies during the 4th quarter valued at about $58,000. Virtu Financial LLC purchased a new position in Alarum Technologies during the 4th quarter valued at about $114,000. Marshall Wace LLP purchased a new position in Alarum Technologies during the 4th quarter valued at about $116,000. Finally, Ameriprise Financial Inc. purchased a new position in Alarum Technologies during the 4th quarter valued at about $147,000. Institutional investors own 3.23% of the company's stock.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group lifted their price objective on shares of Alarum Technologies from $11.00 to $15.00 and gave the stock a "buy" rating in a research report on Tuesday.
View Our Latest Report on Alarum Technologies
Alarum Technologies Price Performance
NASDAQ ALAR traded down $0.69 on Friday, hitting $10.46. The company had a trading volume of 119,039 shares, compared to its average volume of 274,769. The company has a market capitalization of $73.25 million, a PE ratio of 9.69 and a beta of 1.07. The company's fifty day moving average price is $7.68 and its 200-day moving average price is $8.78. Alarum Technologies Ltd. has a 12-month low of $5.45 and a 12-month high of $46.69.
Alarum Technologies (NASDAQ:ALAR - Get Free Report) last released its earnings results on Thursday, May 29th. The company reported $0.01 earnings per share for the quarter, hitting analysts' consensus estimates of $0.01. The firm had revenue of $7.13 million for the quarter, compared to analyst estimates of $7.31 million. Alarum Technologies had a net margin of 22.21% and a return on equity of 46.33%.
About Alarum Technologies
(
Free Report)
Alarum Technologies Ltd. provides internet access and web data collection solutions in North, South, and Central America, Europe, Southeast Asia, the Middle East, and Africa. The company operates through two segments, Enterprise Internet Access Solutions and Consumer Internet Access Solutions. The company offers security blanket against ransomware, viruses, phishing, and other online threats, as well as secured and encrypted connection, masking the customers online activity and keeping them safe from hackers.
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