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

Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider Daniel Ramos sold 1,418 shares of the firm’s stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of $70.00, for a total value of $99,260.00. Following the transaction, the insider now owns 38,282 shares of the company’s stock, valued at $2,679,740. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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 value of $614,130.00.

Alarm.com Trading Down 1.0 %

Shares of NASDAQ:ALRM opened at $69.85 on Friday. The stock has a market capitalization of $3.49 billion, a price-to-earnings ratio of 45.65, a PEG ratio of 3.99 and a beta of 0.94. The company has a debt-to-equity ratio of 0.72, a quick ratio of 4.91 and a current ratio of 5.46. The stock’s 50-day simple moving average is $70.31 and its two-hundred day simple moving average is $62.75. Alarm.com Holdings, Inc. has a 52-week low of $44.92 and a 52-week high of $77.29.

Alarm.com (NASDAQ:ALRM) last posted its quarterly earnings data on Thursday, February 22nd. The software maker reported $0.47 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.01). Alarm.com had a return on equity of 11.61% and a net margin of 9.19%. The company had revenue of $226.20 million during the quarter, compared to the consensus estimate of $224.93 million. During the same period last year, the business earned $0.33 EPS. The firm’s quarterly revenue was up 8.7% compared to the same quarter last year. Analysts expect that Alarm.com Holdings, Inc. will post 1.39 EPS for the current year.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in Alarm.com by 1.1% during the 3rd quarter. Vanguard Group Inc. now owns 5,824,656 shares of the software maker’s stock valued at $356,119,000 after purchasing an additional 62,262 shares during the period. William Blair Investment Management LLC raised its stake in Alarm.com by 0.3% during the 3rd quarter. William Blair Investment Management LLC now owns 2,535,196 shares of the software maker’s stock valued at $155,002,000 after purchasing an additional 7,478 shares during the period. Dimensional Fund Advisors LP raised its stake in Alarm.com by 1.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,078,887 shares of the software maker’s stock valued at $69,715,000 after purchasing an additional 16,704 shares during the period. Geode Capital Management LLC raised its stake in Alarm.com by 2.8% during the 2nd quarter. Geode Capital Management LLC now owns 986,032 shares of the software maker’s stock valued at $50,958,000 after purchasing an additional 27,151 shares during the period. Finally, Northern Trust Corp raised its stake in Alarm.com by 1.5% during the 3rd quarter. Northern Trust Corp now owns 706,274 shares of the software maker’s stock valued at $43,182,000 after purchasing an additional 10,245 shares during the period. Institutional investors own 91.74% 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.