AlarmCom Hldg Inc (ALRM) VP Daniel Ramos Sells 50,399 Shares

AlarmCom Hldg Inc (NASDAQ:ALRM) VP Daniel Ramos sold 50,399 shares of the stock in a transaction dated Monday, September 10th. The stock was sold at an average price of $56.31, for a total transaction of $2,837,967.69. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Daniel Ramos also recently made the following trade(s):

  • On Wednesday, September 12th, Daniel Ramos sold 70,299 shares of AlarmCom stock. The stock was sold at an average price of $56.47, for a total transaction of $3,969,784.53.

NASDAQ ALRM traded up $0.88 during trading hours on Wednesday, hitting $57.42. 441,900 shares of the stock were exchanged, compared to its average volume of 481,049. The stock has a market capitalization of $2.63 billion, a P/E ratio of 74.45, a P/E/G ratio of 3.22 and a beta of 1.31. AlarmCom Hldg Inc has a 12-month low of $33.39 and a 12-month high of $59.05. The company has a quick ratio of 3.93, a current ratio of 4.25 and a debt-to-equity ratio of -1.08.

AlarmCom (NASDAQ:ALRM) last posted its quarterly earnings results on Tuesday, August 7th. The software maker reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.12. The firm had revenue of $104.49 million during the quarter, compared to analysts’ expectations of $94.72 million. AlarmCom had a net margin of 9.75% and a negative return on equity of 64.90%. equities research analysts expect that AlarmCom Hldg Inc will post 1.01 earnings per share for the current fiscal year.

Several equities research analysts have recently weighed in on ALRM shares. Goldman Sachs Group downgraded shares of AlarmCom from a “neutral” rating to a “sell” rating and set a $30.00 target price for the company. in a research note on Wednesday, June 20th. Zacks Investment Research upgraded shares of AlarmCom from a “hold” rating to a “buy” rating and set a $56.00 target price for the company in a research note on Monday, August 13th. Raymond James upgraded shares of AlarmCom from an “outperform” rating to a “strong-buy” rating and set a $48.00 target price for the company in a research note on Monday, June 25th. Credit Suisse Group reiterated an “outperform” rating on shares of AlarmCom in a research note on Friday, August 17th. Finally, Jefferies Financial Group increased their target price on shares of AlarmCom to $55.00 and gave the stock a “buy” rating in a research note on Wednesday, August 8th. One analyst has rated the stock with a sell rating, two have given a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company. AlarmCom presently has a consensus rating of “Buy” and a consensus price target of $52.08.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Polen Capital Management LLC raised its holdings in AlarmCom by 12.1% during the second quarter. Polen Capital Management LLC now owns 9,546 shares of the software maker’s stock worth $385,000 after purchasing an additional 1,031 shares in the last quarter. Victory Capital Management Inc. raised its holdings in AlarmCom by 28.4% during the first quarter. Victory Capital Management Inc. now owns 6,024 shares of the software maker’s stock worth $227,000 after purchasing an additional 1,334 shares in the last quarter. Prudential Financial Inc. raised its holdings in AlarmCom by 3.9% during the first quarter. Prudential Financial Inc. now owns 42,190 shares of the software maker’s stock worth $1,592,000 after purchasing an additional 1,600 shares in the last quarter. Swiss National Bank raised its holdings in AlarmCom by 6.3% during the first quarter. Swiss National Bank now owns 28,500 shares of the software maker’s stock worth $1,076,000 after purchasing an additional 1,700 shares in the last quarter. Finally, Engineers Gate Manager LP raised its holdings in AlarmCom by 13.1% during the second quarter. Engineers Gate Manager LP now owns 15,300 shares of the software maker’s stock worth $618,000 after purchasing an additional 1,770 shares in the last quarter. 96.04% of the stock is owned by hedge funds and other institutional investors.

AlarmCom Company Profile

Alarm.com Holdings, Inc provides cloud-based software platform solutions for smart residential and commercial properties in the United States and internationally. The company provides interactive security solutions to control and monitor their security systems, as well as connected security devices, including door locks, motion sensors, thermostats, garage doors, and video cameras; and high definition video monitoring solutions, such as live streaming, smart clip capture, secure cloud storage, video alerts, continuous HD recording, and commercial video surveillance solutions.

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Insider Buying and Selling by Quarter for AlarmCom (NASDAQ:ALRM)

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