UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Grows Position in Alarm.com Holdings, Inc. (NASDAQ:ALRM)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Alarm.com Holdings, Inc. (NASDAQ:ALRM - Free Report) by 10.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 125,120 shares of the software maker's stock after buying an additional 12,024 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.25% of Alarm.com worth $7,607,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the stock. Barclays PLC lifted its position in shares of Alarm.com by 323.2% in the 3rd quarter. Barclays PLC now owns 91,402 shares of the software maker's stock worth $4,997,000 after purchasing an additional 69,804 shares during the period. KBC Group NV raised its stake in shares of Alarm.com by 47.9% during the 4th quarter. KBC Group NV now owns 1,920 shares of the software maker's stock worth $117,000 after acquiring an additional 622 shares in the last quarter. Pacer Advisors Inc. raised its stake in shares of Alarm.com by 50.1% during the 4th quarter. Pacer Advisors Inc. now owns 1,888 shares of the software maker's stock worth $115,000 after acquiring an additional 630 shares in the last quarter. Entropy Technologies LP raised its stake in shares of Alarm.com by 63.8% during the 4th quarter. Entropy Technologies LP now owns 6,677 shares of the software maker's stock worth $406,000 after acquiring an additional 2,600 shares in the last quarter. Finally, Vontobel Holding Ltd. bought a new position in shares of Alarm.com during the 4th quarter worth approximately $2,270,000. 91.74% of the stock is owned by hedge funds and other institutional investors.

Alarm.com Price Performance

Shares of NASDAQ:ALRM traded down $0.08 during midday trading on Thursday, hitting $57.76. The company's stock had a trading volume of 353,193 shares, compared to its average volume of 404,051. The business's 50 day simple moving average is $54.62 and its 200 day simple moving average is $59.16. The company has a debt-to-equity ratio of 1.35, a quick ratio of 7.38 and a current ratio of 7.85. The company has a market cap of $2.87 billion, a P/E ratio of 25.22, a price-to-earnings-growth ratio of 3.59 and a beta of 1.02. Alarm.com Holdings, Inc. has a 12-month low of $48.23 and a 12-month high of $71.98.

Insider Transactions at Alarm.com

In other Alarm.com news, insider Daniel Kerzner sold 932 shares of Alarm.com stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $55.49, for a total transaction of $51,716.68. Following the transaction, the insider now directly owns 58,736 shares of the company's stock, valued at $3,259,260.64. The trade was a 1.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Daniel Ramos sold 7,000 shares of Alarm.com stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $57.68, for a total transaction of $403,760.00. Following the transaction, the insider now directly owns 42,192 shares in the company, valued at $2,433,634.56. This trade represents a 14.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 39,334 shares of company stock valued at $2,290,118. Corporate insiders own 5.80% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on ALRM shares. Raymond James 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. Barclays cut their price objective on shares of Alarm.com from $67.00 to $60.00 and set an "equal weight" rating on the stock in a research note on Monday, April 14th. Finally, The Goldman Sachs Group dropped their price target on shares of Alarm.com from $66.00 to $58.00 and set a "neutral" rating on the stock in a research report on Thursday, April 17th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Alarm.com currently 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.