Alarm.com Holdings, Inc. $ALRM Stake Cut by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lessened its holdings in Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 98.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,335 shares of the software maker’s stock after selling 730,014 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Alarm.com were worth $533,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Argos Wealth Advisors LLC raised its holdings in shares of Alarm.com by 6.8% during the first quarter. Argos Wealth Advisors LLC now owns 13,375 shares of the software maker’s stock worth $578,000 after purchasing an additional 852 shares during the period. Inspire Investing LLC lifted its position in shares of Alarm.com by 30.1% in the 1st quarter. Inspire Investing LLC now owns 11,870 shares of the software maker’s stock worth $513,000 after buying an additional 2,745 shares during the last quarter. Louisiana State Employees Retirement System acquired a new position in shares of Alarm.com in the 1st quarter valued at about $954,000. SG Americas Securities LLC boosted its holdings in shares of Alarm.com by 85.3% in the 1st quarter. SG Americas Securities LLC now owns 483,486 shares of the software maker’s stock valued at $20,882,000 after buying an additional 222,563 shares during the period. Finally, Virtu Financial LLC bought a new stake in shares of Alarm.com during the 4th quarter valued at about $264,000. Institutional investors own 91.74% of the company’s stock.

Alarm.com Stock Down 1.7%

Alarm.com stock opened at $53.20 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 4.55 and a current ratio of 5.16. Alarm.com Holdings, Inc. has a one year low of $41.49 and a one year high of $59.53. The company has a 50-day simple moving average of $46.33 and a 200-day simple moving average of $46.84. The firm has a market capitalization of $2.63 billion, a P/E ratio of 22.07, a P/E/G ratio of 1.78 and a beta of 0.77.

Alarm.com (NASDAQ:ALRM) last issued its quarterly earnings data on Thursday, May 7th. The software maker reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.05. The firm had revenue of $265.19 million for the quarter, compared to the consensus estimate of $250.94 million. Alarm.com had a net margin of 12.36% and a return on equity of 14.99%. Alarm.com’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period last year, the firm posted $0.54 EPS. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. As a group, equities analysts expect that Alarm.com Holdings, Inc. will post 2.34 earnings per share for the current year.

Insider Activity

In other Alarm.com news, insider Daniel Kerzner sold 3,944 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $43.78, for a total value of $172,668.32. Following the sale, the insider owned 101,141 shares in the company, valued at approximately $4,427,952.98. This trade represents a 3.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Kevin Christopher Bradley sold 724 shares of Alarm.com stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $48.46, for a total value of $35,085.04. Following the sale, the chief financial officer directly owned 83,622 shares in the company, valued at approximately $4,052,322.12. This trade represents a 0.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 31,893 shares of company stock worth $1,428,505 over the last ninety days. 4.80% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Barclays increased their price objective on shares of Alarm.com from $50.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Friday, May 8th. Wall Street Zen upgraded Alarm.com from a “hold” rating to a “buy” rating in a research note on Sunday, July 12th. Weiss Ratings raised Alarm.com from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 9th. Finally, Zacks Research cut Alarm.com from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Alarm.com has an average rating of “Reduce” and a consensus target price of $47.50.

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.