Hussman Strategic Advisors Inc. Makes New $2.23 Million Investment in Alarm.com Holdings, Inc. $ALRM

Hussman Strategic Advisors Inc. acquired a new stake in Alarm.com Holdings, Inc. (NASDAQ:ALRM) in the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 42,000 shares of the software maker’s stock, valued at approximately $2,229,000.

Several other institutional investors and hedge funds have also bought and sold shares of ALRM. Yousif Capital Management LLC boosted its position in Alarm.com by 1.1% during the second quarter. Yousif Capital Management LLC now owns 18,455 shares of the software maker’s stock valued at $1,044,000 after purchasing an additional 199 shares during the last quarter. California State Teachers Retirement System boosted its holdings in shares of Alarm.com by 0.5% in the 2nd quarter. California State Teachers Retirement System now owns 43,287 shares of the software maker’s stock valued at $2,449,000 after buying an additional 226 shares during the last quarter. Blair William & Co. IL boosted its holdings in shares of Alarm.com by 2.3% in the 2nd quarter. Blair William & Co. IL now owns 12,762 shares of the software maker’s stock valued at $722,000 after buying an additional 290 shares during the last quarter. KLP Kapitalforvaltning AS grew its stake in shares of Alarm.com by 2.2% in the second quarter. KLP Kapitalforvaltning AS now owns 13,900 shares of the software maker’s stock valued at $786,000 after buying an additional 300 shares in the last quarter. Finally, Amalgamated Bank increased its holdings in Alarm.com by 2.1% during the third quarter. Amalgamated Bank now owns 14,371 shares of the software maker’s stock worth $763,000 after buying an additional 302 shares during the last quarter. Institutional investors own 91.74% of the company’s stock.

Alarm.com Stock Performance

Shares of ALRM stock opened at $49.07 on Wednesday. Alarm.com Holdings, Inc. has a 52 week low of $46.65 and a 52 week high of $64.26. The company has a market capitalization of $2.45 billion, a price-to-earnings ratio of 20.79, a PEG ratio of 1.83 and a beta of 0.81. The company has a 50-day simple moving average of $51.38 and a 200 day simple moving average of $52.87. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.92 and a current ratio of 2.06.

Alarm.com (NASDAQ:ALRM) last released its quarterly earnings results on Thursday, November 6th. The software maker reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.14. Alarm.com had a net margin of 12.92% and a return on equity of 14.26%. The firm had revenue of $256.40 million for the quarter, compared to analysts’ expectations of $251.14 million. During the same period in the prior year, the firm earned $0.62 EPS. The business’s revenue was up 6.6% on a year-over-year basis. Alarm.com has set its FY 2025 guidance at 2.530-2.530 EPS. On average, sell-side analysts predict that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently commented on ALRM. Zacks Research downgraded shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Barclays reduced their price target on Alarm.com from $60.00 to $56.00 and set an “equal weight” rating for the company in a report on Friday, November 7th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Alarm.com in a research note on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Alarm.com currently has an average rating of “Hold” and an average price target of $64.67.

Insider Transactions at Alarm.com

In other news, CEO Stephen Trundle bought 10,000 shares of the company’s stock in a transaction dated Thursday, November 20th. The stock was bought at an average price of $48.07 per share, with a total value of $480,700.00. Following the completion of the acquisition, the chief executive officer owned 1,315,343 shares of the company’s stock, valued at $63,228,538.01. This represents a 0.77% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Daniel Kerzner sold 10,000 shares of the business’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $50.33, for a total transaction of $503,300.00. Following the completion of the sale, the insider directly owned 52,000 shares of the company’s stock, valued at approximately $2,617,160. The trade was a 16.13% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders acquired 26,000 shares of company stock valued at $1,257,321 and sold 56,158 shares valued at $2,866,689. Insiders own 5.60% of the company’s stock.

Alarm.com Company Profile

Alarm.com Holdings, Inc provides a cloud-based software platform for connected properties, enabling residential and commercial customers to monitor, manage and control security, energy and home automation solutions. The company’s interactive services connect security systems, smart thermostats, door locks, lights and video cameras through cellular, broadband and Z-Wave networks, offering real-time alerts and remote access via mobile and web applications.

Through its platform, Alarm.com delivers an integrated suite of products that includes intrusion detection, video monitoring and cloud recording, energy management features such as smart thermostat scheduling, and home automation controls for lighting, garage doors and connected appliances.