2 weeks Ago By ABMN Staff
Sei Investments Co. boosted its stake in shares of Alarm.com Holdings, Inc.
( NASDAQ:ALRM – Free Report ) by 7.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 205,440 shares of the software maker’s stock after acquiring an additional 14,811 shares during the quarter.
Sei Investments Co.’s holdings in Alarm.com were worth $12,491,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors also recently modified their holdings of ALRM. Daiwa Securities Group Inc. lifted its holdings in shares of Alarm.
com by 8.1% during the fourth quarter. Daiwa Securities Group Inc.
now owns 2,670 shares of the software maker’s stock worth $162,000 after purchasing an additional 200 shares during the period. GAMMA Investing LLC lifted its stake in shares of Alarm.com by 29.
5% in the 4th quarter. GAMMA Investing LLC now owns 1,045 shares of the software maker’s stock worth $64,000 after acquiring an additional 238 shares during the period. SBI Securities Co.
Ltd. purchased a new stake in shares of Alarm.com in the fourth quarter valued at about $25,000.
Quarry LP increased its stake in shares of 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. Finally, Nisa Investment Advisors LLC raised its holdings in Alarm.com by 134.
8% during the fourth quarter. Nisa Investment Advisors LLC now owns 939 shares of the software maker’s stock worth $57,000 after purchasing an additional 539 shares in the last quarter. 91.
74% of the stock is currently owned by hedge funds and other institutional investors. Analyst Ratings Changes Separately, StockNews.com upgraded Alarm.
com from a “hold” rating to a “buy” rating in a research report on Wednesday, December 18th. One investment 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. Based on data from MarketBeat.
com, Alarm.com currently has a consensus rating of “Hold” and a consensus target price of $64.40.
Alarm.com Trading Down 3.1 % Shares of ALRM opened at $55.
81 on Friday. The firm’s 50-day moving average is $60.10 and its two-hundred day moving average is $59.
41. Alarm.com Holdings, Inc.
has a twelve month low of $51.87 and a twelve month high of $72.37.
The company has a current ratio of 7.85, a quick ratio of 7.38 and a debt-to-equity ratio of 1.
35. The firm has a market capitalization of $2.77 billion, a P/E ratio of 24.
37, a PEG ratio of 3.59 and a beta of 1.10.
Alarm.com ( NASDAQ:ALRM – Get Free Report ) last released its quarterly earnings data on Thursday, February 20th. The software maker reported $0.
47 earnings per share 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 analysts’ expectations of $237.
44 million. On average, research analysts predict that Alarm.com Holdings, Inc.
will post 1.64 earnings per share for the current fiscal year. Insider Transactions at Alarm.
com In other news, CFO Steve Valenzuela sold 3,436 shares of the firm’s stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $58.45, for a total transaction of $200,834.
20. Following the completion of the transaction, the chief financial officer now directly owns 37,500 shares of the company’s stock, valued at $2,191,875. This trade represents a 8.
39 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink . Corporate insiders own 5.
60% of the company’s stock. 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 ). Receive News & Ratings for Alarm.
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