102,100 Shares in Alarm.com Holdings, Inc. (NASDAQ:ALRM) Bought by International Assets Investment Management LLC

International Assets Investment Management LLC bought a new position in Alarm.com Holdings, Inc. (NASDAQ:ALRM - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 102,100 shares of the software maker's stock, valued at approximately $65,980,000. International Assets Investment Management LLC owned about 0.20% of Alarm.com as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Operose Advisors LLC acquired a new position in shares of Alarm.com in the 3rd quarter worth $26,000. Signaturefd LLC grew its holdings in shares of Alarm.com by 474.7% during 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 in the last quarter. Pacer Advisors Inc. purchased a new position in shares of Alarm.com during the fourth quarter valued at $39,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Alarm.com during the fourth quarter valued at $46,000. Finally, Tower Research Capital LLC TRC grew its holdings in shares of Alarm.com by 422.3% during the first quarter. Tower Research Capital LLC TRC now owns 1,055 shares of the software maker's stock valued at $53,000 after buying an additional 853 shares in the last quarter. 91.74% of the stock is currently owned by institutional investors and hedge funds.

Alarm.com Price Performance

Shares of ALRM stock traded up $0.52 during trading hours on Monday, hitting $69.72. The company had a trading volume of 253,463 shares, compared to its average volume of 254,274. Alarm.com Holdings, Inc. has a 12 month low of $44.92 and a 12 month high of $77.29. The firm has a market capitalization of $3.48 billion, a price-to-earnings ratio of 45.57, a PEG ratio of 3.93 and a beta of 0.94. The firm's fifty day moving average is $70.59 and its 200 day moving average is $62.92. The company has a debt-to-equity ratio of 0.72, a quick ratio of 4.91 and a current ratio of 5.46.

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

Analyst Ratings Changes

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

Insider Buying and Selling

In other Alarm.com news, CFO Steve Valenzuela sold 9,583 shares of the company's stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $73.89, for a total transaction of $708,087.87. Following the transaction, the chief financial officer now owns 37,500 shares of the company's stock, valued at approximately $2,770,875. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, insider Daniel Ramos sold 8,250 shares of the stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $74.44, for a total value of $614,130.00. Following the transaction, the insider now owns 39,700 shares of the company's stock, valued at approximately $2,955,268. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Steve Valenzuela sold 9,583 shares of the stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $73.89, for a total value of $708,087.87. Following the completion of the transaction, the chief financial officer now directly owns 37,500 shares in the company, valued at approximately $2,770,875. The disclosure for this sale can be found here. Insiders have sold a total of 111,532 shares of company stock worth $8,116,333 in the last three months. Insiders own 5.60% of the company's stock.

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.