Insider Selling: Alarm.com Holdings, Inc. (NASDAQ:ALRM) Insider Sells 1,418 Shares of Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM - Get Free Report) insider Daniel Ramos sold 1,418 shares of the stock in a transaction dated Tuesday, April 2nd. The shares were sold at an average price of $70.00, for a total transaction of $99,260.00. Following the completion of the sale, the insider now directly owns 38,282 shares in the company, valued at $2,679,740. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Daniel Ramos also recently made the following trade(s):

• On Tuesday, February 27th, Daniel Ramos sold 8,250 shares of Alarm.com stock. The shares were sold at an average price of $74.44, for a total transaction of $614,130.00.

Alarm.com Trading Up 0.4 %

Shares of ALRM stock traded up $0.27 during trading hours on Wednesday, hitting $70.52. 185,494 shares of the company were exchanged, compared to its average volume of 253,347. The firm has a market cap of $3.52 billion, a PE ratio of 46.09, a PEG ratio of 4.04 and a beta of 0.94. Alarm.com Holdings, Inc. has a 1 year low of $44.92 and a 1 year high of $77.29. The company has a quick ratio of 4.91, a current ratio of 5.46 and a debt-to-equity ratio of 0.72. The firm has a fifty day moving average of $70.16 and a 200 day moving average of $62.70.

Alarm.com (NASDAQ:ALRM - Get Free Report) last announced its quarterly earnings data on Thursday, February 22nd. The software maker reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.01). The company had revenue of $226.20 million for the quarter, compared to analysts' expectations of $224.93 million. Alarm.com had a return on equity of 11.61% and a net margin of 9.19%. The company's revenue was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.33 earnings per share. Analysts expect that Alarm.com Holdings, Inc. will post 1.39 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of ALRM. Operose Advisors LLC purchased a new position in Alarm.com in the third quarter valued at approximately $26,000. Pinebridge Investments L.P. purchased a new position in Alarm.com in the second quarter valued at approximately $28,000. Signaturefd LLC raised its holdings in Alarm.com by 474.7% in the third quarter. Signaturefd LLC now owns 500 shares of the software maker's stock valued at $31,000 after buying an additional 413 shares during the period. GAMMA Investing LLC purchased a new position in Alarm.com in the fourth quarter valued at approximately $31,000. Finally, Pacer Advisors Inc. purchased a new position in Alarm.com in the fourth quarter valued at approximately $39,000. 91.74% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. JPMorgan Chase & Co. increased their price objective on shares of Alarm.com from $62.00 to $70.00 and gave the company a "neutral" rating in a research note on Friday, February 23rd. TheStreet raised shares of Alarm.com from a "c+" rating to a "b-" rating in a research note on Friday, February 23rd. Roth Mkm raised their price target on shares of Alarm.com from $67.00 to $70.00 and gave the stock a "buy" rating in a research note on Wednesday, January 3rd. Barclays raised their price target on shares of Alarm.com from $66.00 to $78.00 and gave the stock an "equal weight" rating in a research note on Friday, February 23rd. Finally, StockNews.com raised shares of Alarm.com from a "buy" rating to a "strong-buy" rating in a research note on Friday, March 15th. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of $68.83.

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.