Alarm.com Holdings, Inc. (NASDAQ:ALRM - Get Free Report) insider Daniel Kerzner sold 2,213 shares of the company's stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $56.66, for a total value of $125,388.58. Following the transaction, the insider now directly owns 72,004 shares of the company's stock, valued at approximately $4,079,746.64. This represents a 2.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Daniel Kerzner also recently made the following trade(s):
- On Friday, May 16th, Daniel Kerzner sold 2,019 shares of Alarm.com stock. The stock was sold at an average price of $59.51, for a total value of $120,150.69.
- On Wednesday, April 2nd, Daniel Kerzner sold 932 shares of Alarm.com stock. The shares were sold at an average price of $55.49, for a total transaction of $51,716.68.
Alarm.com Price Performance
ALRM traded down $0.18 on Friday, hitting $57.40. 309,346 shares of the company were exchanged, compared to its average volume of 408,672. Alarm.com Holdings, Inc. has a fifty-two week low of $48.23 and a fifty-two week high of $71.98. The firm has a market capitalization of $2.86 billion, a P/E ratio of 25.07, a price-to-earnings-growth ratio of 3.59 and a beta of 1.02. The business's fifty day moving average is $54.53 and its 200 day moving average is $59.24. The company has a debt-to-equity ratio of 1.35, a quick ratio of 7.38 and a current ratio of 7.85.
Wall Street Analysts Forecast Growth
ALRM has been the topic of several analyst reports. The Goldman Sachs Group lowered their target price on Alarm.com from $66.00 to $58.00 and set a "neutral" rating on the stock in a research note on Thursday, April 17th. Barclays cut their price objective on shares of 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 lowered their target price on shares of Alarm.com from $85.00 to $80.00 and set a "strong-buy" rating on the stock in a report on Friday, May 9th. One research analyst has rated the stock with a sell rating, two have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $64.33.
Get Our Latest Report on Alarm.com
Institutional Trading of Alarm.com
Large investors have recently bought and sold shares of the company. Principal Financial Group Inc. raised its stake in Alarm.com by 4.5% in the 4th quarter. Principal Financial Group Inc. now owns 265,301 shares of the software maker's stock valued at $16,130,000 after purchasing an additional 11,531 shares during the last quarter. Atomi Financial Group Inc. purchased a new stake in shares of Alarm.com during the fourth quarter worth about $259,000. KBC Group NV grew its holdings in shares of Alarm.com by 47.9% during the fourth quarter. KBC Group NV now owns 1,920 shares of the software maker's stock worth $117,000 after buying an additional 622 shares in the last quarter. Barclays PLC raised its position in shares of Alarm.com by 323.2% in the third quarter. Barclays PLC now owns 91,402 shares of the software maker's stock valued at $4,997,000 after buying an additional 69,804 shares during the last quarter. Finally, Nisa Investment Advisors LLC lifted its stake in shares of Alarm.com by 134.8% during the fourth quarter. Nisa Investment Advisors LLC now owns 939 shares of the software maker's stock valued at $57,000 after buying an additional 539 shares during the period. Institutional investors and hedge funds own 91.74% of the company's stock.
About Alarm.com
(
Get Free Report)
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.
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