Alarm.com Holdings, Inc. (NASDAQ:ALRM) CEO Stephen Trundle Sells 1,553 Shares

Alarm.com Holdings, Inc. (NASDAQ:ALRM) CEO Stephen Trundle sold 1,553 shares of the stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $55.49, for a total value of $86,175.97. Following the transaction, the chief executive officer now owns 251,129 shares in the company, valued at $13,935,148.21. The trade was a 0.61 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Alarm.com Stock Down 3.0 %

Shares of NASDAQ ALRM opened at $50.93 on Friday. Alarm.com Holdings, Inc. has a 52 week low of $50.44 and a 52 week high of $71.98. The stock’s fifty day moving average is $59.33 and its 200 day moving average is $59.36. The company has a debt-to-equity ratio of 1.35, a quick ratio of 7.38 and a current ratio of 7.85. The stock has a market capitalization of $2.53 billion, a P/E ratio of 22.24, a PEG ratio of 3.59 and a beta of 1.03.

Alarm.com (NASDAQ:ALRM) last issued its earnings results on Thursday, February 20th. The software maker reported $0.47 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.06). Alarm.com had a net margin of 13.21% and a return on equity of 13.55%. The firm had revenue of $242.24 million during the quarter, compared to analyst estimates of $237.44 million. Sell-side analysts forecast that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Alarm.com from a “hold” rating to a “buy” rating in a research report on Wednesday, December 18th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $64.40.

Institutional Investors Weigh In On Alarm.com

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in shares of Alarm.com by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 6,300,842 shares of the software maker’s stock worth $383,091,000 after buying an additional 68,907 shares in the last quarter. Disciplined Growth Investors Inc. MN grew its position in Alarm.com by 6.0% in the third quarter. Disciplined Growth Investors Inc. MN now owns 2,874,849 shares of the software maker’s stock valued at $157,168,000 after acquiring an additional 163,851 shares during the last quarter. Northern Trust Corp raised its stake in Alarm.com by 1.5% during the fourth quarter. Northern Trust Corp now owns 704,309 shares of the software maker’s stock worth $42,822,000 after acquiring an additional 10,674 shares in the last quarter. Burgundy Asset Management Ltd. bought a new position in shares of Alarm.com in the fourth quarter worth about $42,490,000. Finally, Norges Bank acquired a new stake in shares of Alarm.com in the 4th quarter valued at approximately $34,841,000. 91.74% of the stock is currently owned by institutional investors.

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.