3 days Ago By ABMN Staff
California Public Employees Retirement System increased its position in shares of Alarm.com Holdings, Inc. ( NASDAQ:ALRM – Free Report ) by 15.
2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 167,434 shares of the software maker’s stock after purchasing an additional 22,107 shares during the period. California Public Employees Retirement System’s holdings in Alarm.
com were worth $10,180,000 at the end of the most recent quarter. Other institutional investors have also recently added to or reduced their stakes in the company. SBI Securities Co.
Ltd. bought a new stake in shares of Alarm.com in the 4th quarter worth $25,000.
Quarry LP grew its holdings in Alarm.com by 291.7% during the third quarter.
Quarry LP now owns 705 shares of the software maker’s stock worth $39,000 after acquiring an additional 525 shares during the period. Nisa Investment Advisors LLC raised its position in Alarm.com by 134.
8% in the fourth quarter. Nisa Investment Advisors LLC now owns 939 shares of the software maker’s stock worth $57,000 after acquiring an additional 539 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in Alarm.
com by 305.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,034 shares of the software maker’s stock valued at $63,000 after acquiring an additional 779 shares during the last quarter.
Finally, GAMMA Investing LLC boosted its position in shares of Alarm.com by 29.5% during the 4th quarter.
GAMMA Investing LLC now owns 1,045 shares of the software maker’s stock valued at $64,000 after purchasing an additional 238 shares in the last quarter. 91.74% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets Separately, StockNews.com upgraded shares of Alarm.com from a “hold” rating to a “buy” rating in a report on Wednesday, December 18th.
One research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $64.
40. Insider Activity at Alarm.com In other news, CFO Steve Valenzuela sold 3,436 shares of Alarm.
com stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $58.45, for a total transaction of $200,834.
20. Following the transaction, the chief financial officer now owns 37,500 shares in the company, valued at approximately $2,191,875. The trade was a 8.
39 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website . Also, insider Daniel Kerzner sold 932 shares of the stock in a transaction dated Wednesday, April 2nd.
The stock was sold at an average price of $55.49, for a total value of $51,716.68.
Following the completion of the sale, the insider now directly owns 58,736 shares of the company’s stock, valued at approximately $3,259,260.64. This represents a 1.
56 % decrease in their ownership of the stock. The disclosure for this sale can be found here . In the last 90 days, insiders sold 5,921 shares of company stock worth $338,727.
5.60% of the stock is owned by corporate insiders. Alarm.
com Stock Down 3.0 % Shares of Alarm.com stock opened at $50.
93 on Monday. The company has a quick ratio of 7.38, a current ratio of 7.
85 and a debt-to-equity ratio of 1.35. Alarm.
com Holdings, Inc. has a 12-month low of $50.44 and a 12-month high of $71.
98. The firm has a market capitalization of $2.53 billion, a PE ratio of 22.
24, a price-to-earnings-growth ratio of 3.59 and a beta of 1.03.
The stock’s fifty day moving average is $59.33 and its 200-day moving average is $59.44.
Alarm.com ( NASDAQ:ALRM – Get Free Report ) last posted its quarterly earnings data on Thursday, February 20th. The software maker reported $0.
47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.06).
Alarm.com had a return on equity of 13.55% and a net margin of 13.
21%. The company had revenue of $242.24 million for the quarter, compared to analyst estimates of $237.
44 million. Equities analysts anticipate that Alarm.com Holdings, Inc.
will post 1.64 earnings per share for the current year. About Alarm.
com ( 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. See Also Want to see what other hedge funds are holding ALRM? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Alarm.com Holdings, Inc. ( NASDAQ:ALRM – Free Report ).
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