Winmill & CO. Inc. purchased a new stake in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 126,100 shares of the software maker's stock, valued at approximately $5,891,000. Alarm.com makes up about 1.3% of Winmill & CO. Inc.'s investment portfolio, making the stock its 23rd largest position. Winmill & CO. Inc. owned 0.25% of Alarm.com at the end of the most recent quarter.
Several other hedge funds have also recently modified their holdings of ALRM. Bank of Montreal Can boosted its position in Alarm.com by 625.1% in the fourth quarter. Bank of Montreal Can now owns 2,231,227 shares of the software maker's stock worth $113,837,000 after purchasing an additional 1,923,525 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Alarm.com by 101,569.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 947,556 shares of the software maker's stock worth $48,344,000 after buying an additional 946,624 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in Alarm.com in the second quarter worth about $14,339,000. Arrowstreet Capital Limited Partnership boosted its stake in Alarm.com by 43.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 779,200 shares of the software maker's stock valued at $33,654,000 after acquiring an additional 237,633 shares during the last quarter. Finally, SG Americas Securities LLC grew its position in shares of Alarm.com by 85.3% during the 1st quarter. SG Americas Securities LLC now owns 483,486 shares of the software maker's stock valued at $20,882,000 after acquiring an additional 222,563 shares during the period. Institutional investors own 91.74% of the company's stock.
Analyst Ratings Changes
A number of equities research analysts recently commented on ALRM shares. Zacks Research raised shares of Alarm.com from a "hold" rating to a "strong-buy" rating in a report on Wednesday, August 19th. Barclays increased their price objective on Alarm.com from $55.00 to $60.00 and gave the company an "equal weight" rating in a report on Monday, August 10th. Wall Street Zen raised Alarm.com from a "hold" rating to a "buy" rating in a research report on Sunday, August 16th. Weiss Ratings raised Alarm.com from a "hold (c-)" rating to a "hold (c)" rating in a research report on Wednesday, July 29th. Finally, Raymond James Financial reiterated a "strong-buy" rating and set a $65.00 price target on shares of Alarm.com in a research note on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $55.00.
Read Our Latest Research Report on ALRM
Alarm.com Stock Performance
NASDAQ ALRM opened at $57.51 on Monday. The company's 50 day moving average is $51.63 and its 200-day moving average is $47.60. Alarm.com Holdings, Inc. has a 12-month low of $41.49 and a 12-month high of $59.53. The company has a quick ratio of 4.38, a current ratio of 4.96 and a debt-to-equity ratio of 0.57. The firm has a market cap of $2.84 billion, a P/E ratio of 25.45, a price-to-earnings-growth ratio of 1.83 and a beta of 0.76.
Alarm.com (NASDAQ:ALRM - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The software maker reported $0.77 EPS for the quarter, beating analysts' consensus estimates of $0.65 by $0.12. The company had revenue of $277.73 million for the quarter, compared to analysts' expectations of $264.96 million. Alarm.com had a net margin of 11.11% and a return on equity of 15.65%. Alarm.com's revenue was up 9.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.60 EPS. Alarm.com has set its FY 2026 guidance at 2.920-2.940 EPS. Sell-side analysts predict that Alarm.com Holdings, Inc. will post 2.47 earnings per share for the current year.
Insider Buying and Selling at Alarm.com
In other Alarm.com news, insider Daniel Ramos sold 2,000 shares of Alarm.com stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $46.50, for a total transaction of $93,000.00. Following the completion of the transaction, the insider owned 53,099 shares of the company's stock, valued at $2,469,103.50. The trade was a 3.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Daniel Kerzner sold 3,944 shares of the firm's stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $43.78, for a total transaction of $172,668.32. Following the completion of the transaction, the insider owned 101,141 shares of the company's stock, valued at $4,427,952.98. This trade represents a 3.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 30,873 shares of company stock worth $1,446,228. 4.80% of the stock is owned by insiders.
Alarm.com Profile
(
Free Report)
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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