Universal Beteiligungs und Servicegesellschaft mbH Invests $1.85 Million in Alarm.com Holdings, Inc. (NASDAQ:ALRM)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Alarm.com Holdings, Inc. (NASDAQ:ALRM - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 33,206 shares of the software maker's stock, valued at approximately $1,848,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.07% of Alarm.com at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the company. Bessemer Group Inc. increased its stake in Alarm.com by 304.6% in the first quarter. Bessemer Group Inc. now owns 708 shares of the software maker's stock valued at $39,000 after acquiring an additional 533 shares during the period. Principal Financial Group Inc. increased its stake in Alarm.com by 2.3% in the first quarter. Principal Financial Group Inc. now owns 271,379 shares of the software maker's stock valued at $15,102,000 after acquiring an additional 6,078 shares during the period. Robeco Institutional Asset Management B.V. bought a new stake in Alarm.com in the first quarter valued at about $241,000. GAMMA Investing LLC increased its stake in Alarm.com by 87.9% in the first quarter. GAMMA Investing LLC now owns 1,964 shares of the software maker's stock valued at $109,000 after acquiring an additional 919 shares during the period. Finally, Norges Bank bought a new stake in Alarm.com in the fourth quarter valued at about $34,841,000. Institutional investors own 91.74% of the company's stock.

Alarm.com Trading Down 1.1%

NASDAQ ALRM traded down $0.58 during trading hours on Friday, hitting $54.05. The company's stock had a trading volume of 501,093 shares, compared to its average volume of 263,039. The stock has a fifty day moving average of $56.64 and a 200 day moving average of $57.16. Alarm.com Holdings, Inc. has a twelve month low of $48.23 and a twelve month high of $70.06. The firm has a market capitalization of $2.69 billion, a P/E ratio of 22.81, a PEG ratio of 2.92 and a beta of 0.97. The company has a quick ratio of 2.01, a current ratio of 2.14 and a debt-to-equity ratio of 0.64.

Analyst Upgrades and Downgrades

Several analysts have weighed in on ALRM shares. The Goldman Sachs Group decreased their price objective on shares of Alarm.com from $66.00 to $58.00 and set a "neutral" rating on the stock in a research note on Thursday, April 17th. Raymond James Financial decreased their price objective on shares of Alarm.com from $85.00 to $80.00 and set a "strong-buy" rating on the stock in a research note on Friday, May 9th. Finally, Barclays decreased 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. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Alarm.com currently has a consensus rating of "Moderate Buy" and an average target price of $64.33.

Insider Buying and Selling at Alarm.com

In other Alarm.com news, insider Jeffrey A. Bedell sold 2,204 shares of the stock in a transaction on Friday, May 23rd. The shares were sold at an average price of $56.66, for a total value of $124,878.64. Following the sale, the insider directly owned 505,805 shares in the company, valued at approximately $28,658,911.30. This trade represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Daniel Kerzner sold 2,213 shares of the stock in a transaction on Friday, May 23rd. The stock was sold at an average price of $56.66, for a total transaction of $125,388.58. Following the completion of the sale, the insider owned 72,004 shares in the company, valued at approximately $4,079,746.64. This trade represents a 2.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 34,167 shares of company stock valued at $1,994,181. 5.80% of the stock is currently owned by corporate insiders.

Alarm.com 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.