AlarmCom (NASDAQ:ALRM) was downgraded by equities researchers at BidaskClub from a “buy” rating to a “hold” rating in a research note issued on Thursday.

Several other equities research analysts also recently issued reports on ALRM. Roth Capital boosted their price objective on shares of AlarmCom from $43.50 to $48.00 and gave the stock a “buy” rating in a research note on Wednesday, August 9th. Northland Securities set a $45.00 price objective on shares of AlarmCom and gave the stock a “buy” rating in a research note on Wednesday, August 9th. Credit Suisse Group reiterated an “outperform” rating and set a $46.00 price objective (up from $37.00) on shares of AlarmCom in a research note on Wednesday, August 9th. Imperial Capital downgraded shares of AlarmCom from an “outperform” rating to an “in-line” rating and boosted their price objective for the stock from $40.00 to $45.00 in a research note on Thursday, August 10th. Finally, Maxim Group reiterated a “buy” rating and set a $44.00 price objective on shares of AlarmCom in a research note on Wednesday, August 9th. Six equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. AlarmCom has an average rating of “Buy” and an average target price of $46.90.

AlarmCom (ALRM) traded down $0.24 on Thursday, reaching $37.51. The company has a current ratio of 3.16, a quick ratio of 2.88 and a debt-to-equity ratio of -0.81. AlarmCom has a 12 month low of $26.68 and a 12 month high of $49.49. The firm has a market capitalization of $1,770.00 and a price-to-earnings ratio of 41.94.

AlarmCom (NASDAQ:ALRM) last released its quarterly earnings data on Wednesday, November 8th. The software maker reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.07. AlarmCom had a net margin of 9.97% and a negative return on equity of 42.00%. The company had revenue of $90.00 million during the quarter, compared to the consensus estimate of $83.04 million. During the same period in the previous year, the firm earned $0.19 earnings per share. AlarmCom’s revenue for the quarter was up 32.7% on a year-over-year basis. research analysts expect that AlarmCom will post 0.83 EPS for the current fiscal year.

In other news, insider David Hutz sold 3,500 shares of the business’s stock in a transaction on Tuesday, October 10th. The shares were sold at an average price of $47.73, for a total transaction of $167,055.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Vii Lp Tcv sold 121,885 shares of the business’s stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $42.40, for a total transaction of $5,167,924.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 331,159 shares of company stock worth $14,531,902. Corporate insiders own 78.50% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the company. SG Americas Securities LLC acquired a new position in shares of AlarmCom during the third quarter worth $109,000. Macquarie Group Ltd. acquired a new stake in AlarmCom in the third quarter valued at $147,000. BNP Paribas Arbitrage SA raised its holdings in AlarmCom by 95.8% in the second quarter. BNP Paribas Arbitrage SA now owns 4,156 shares of the software maker’s stock valued at $156,000 after acquiring an additional 2,033 shares in the last quarter. Victory Capital Management Inc. raised its holdings in AlarmCom by 17.6% in the second quarter. Victory Capital Management Inc. now owns 4,215 shares of the software maker’s stock valued at $159,000 after acquiring an additional 632 shares in the last quarter. Finally, Legal & General Group Plc raised its holdings in AlarmCom by 57.4% in the second quarter. Legal & General Group Plc now owns 4,586 shares of the software maker’s stock valued at $172,000 after acquiring an additional 1,673 shares in the last quarter. 83.16% of the stock is currently owned by institutional investors and hedge funds.

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AlarmCom Company Profile

Alarm.com Holdings, Inc is a platform solution for the connected property. The Company offers a suite of cloud-based solutions for the smart home and business, including interactive security, video monitoring, intelligent automation and energy management. The Company operates through two segments: Alarm.com and Other.

Analyst Recommendations for AlarmCom (NASDAQ:ALRM)

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