Universal Beteiligungs und Servicegesellschaft mbH Takes Position 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) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 33,206 shares of the software maker's stock, valued at approximately $1,848,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.07% of Alarm.com at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Allianz Asset Management GmbH purchased a new position in shares of Alarm.com during the 1st quarter worth $339,000. Larson Financial Group LLC raised its holdings in shares of Alarm.com by 235.5% during the 1st quarter. Larson Financial Group LLC now owns 916 shares of the software maker's stock worth $51,000 after acquiring an additional 643 shares during the period. MQS Management LLC purchased a new position in shares of Alarm.com during the 1st quarter worth $473,000. CWM LLC raised its holdings in shares of Alarm.com by 95.5% during the 1st quarter. CWM LLC now owns 2,031 shares of the software maker's stock worth $113,000 after acquiring an additional 992 shares during the period. Finally, Alps Advisors Inc. raised its holdings in shares of Alarm.com by 3.0% during the 1st quarter. Alps Advisors Inc. now owns 14,363 shares of the software maker's stock worth $799,000 after acquiring an additional 419 shares during the period. Institutional investors and hedge funds own 91.74% of the company's stock.

Insiders Place Their Bets

In related news, insider Daniel Kerzner sold 2,213 shares of the company's 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 transaction, the insider owned 72,004 shares of the company's stock, valued at $4,079,746.64. This represents a 2.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Daniel Ramos sold 7,000 shares of the company's stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $57.68, for a total value of $403,760.00. Following the transaction, the insider directly owned 42,192 shares in the company, valued at $2,433,634.56. This represents a 14.23% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 34,167 shares of company stock worth $1,994,181. Insiders own 5.80% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on ALRM shares. The Goldman Sachs Group cut their price objective on Alarm.com from $66.00 to $58.00 and set a "neutral" rating for the company in a research report on Thursday, April 17th. Barclays cut their price objective on Alarm.com from $67.00 to $60.00 and set an "equal weight" rating for the company in a research report on Monday, April 14th. Finally, Raymond James Financial dropped their target price on Alarm.com from $85.00 to $80.00 and set a "strong-buy" rating for the company in a research report on Friday, May 9th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Alarm.com presently has a consensus rating of "Moderate Buy" and an average target price of $64.33.

Alarm.com Stock Performance

Shares of NASDAQ:ALRM traded down $0.58 during trading on Friday, reaching $54.05. The company had a trading volume of 501,093 shares, compared to its average volume of 263,039. The stock's fifty day moving average price is $56.64 and its 200 day moving average price is $57.14. Alarm.com Holdings, Inc. has a fifty-two week low of $48.23 and a fifty-two week high of $70.06. The firm has a market capitalization of $2.69 billion, a price-to-earnings ratio of 22.81, a price-to-earnings-growth ratio of 2.89 and a beta of 0.97. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.14 and a quick ratio of 2.01.

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.