Hsbc Holdings PLC Sells 25,366 Shares of Alarm.com Holdings, Inc. $ALRM

Hsbc Holdings PLC reduced its position in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 44.6% in the 4th quarter, Holdings Channel reports. The firm owned 31,564 shares of the software maker’s stock after selling 25,366 shares during the period. Hsbc Holdings PLC’s holdings in Alarm.com were worth $1,620,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Covestor Ltd boosted its holdings in shares of Alarm.com by 67.3% in the 4th quarter. Covestor Ltd now owns 691 shares of the software maker’s stock valued at $35,000 after purchasing an additional 278 shares in the last quarter. Financial Management Professionals Inc. acquired a new position in shares of Alarm.com during the 4th quarter worth $47,000. Strs Ohio acquired a new position in shares of Alarm.com during the 1st quarter worth $56,000. Kemnay Advisory Services Inc. bought a new stake in shares of Alarm.com during the 4th quarter worth $59,000. Finally, GAMMA Investing LLC lifted its position in shares of Alarm.com by 22.4% during the 4th quarter. GAMMA Investing LLC now owns 1,361 shares of the software maker’s stock worth $69,000 after buying an additional 249 shares during the last quarter. 91.74% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on ALRM shares. Wall Street Zen cut Alarm.com from a “buy” rating to a “hold” rating in a research report on Saturday, June 20th. Barclays increased their target price on shares of Alarm.com from $50.00 to $55.00 and gave the stock an “equal weight” rating in a report on Friday, May 8th. Weiss Ratings downgraded shares of Alarm.com from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, June 24th. Finally, Zacks Research lowered shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. Two equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Alarm.com currently has a consensus rating of “Reduce” and an average price target of $47.50.

Alarm.com Price Performance

Alarm.com stock opened at $46.72 on Wednesday. The stock has a 50-day moving average price of $44.83 and a two-hundred day moving average price of $46.88. Alarm.com Holdings, Inc. has a 12 month low of $41.49 and a 12 month high of $59.53. The company has a market capitalization of $2.31 billion, a PE ratio of 19.39, a P/E/G ratio of 1.55 and a beta of 0.79. The company has a current ratio of 5.16, a quick ratio of 4.55 and a debt-to-equity ratio of 0.57.

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

Insider Buying and Selling at Alarm.com

In other Alarm.com news, insider Daniel Ramos sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $46.50, for a total transaction of $93,000.00. Following the sale, the insider directly owned 53,099 shares of the company’s stock, valued at $2,469,103.50. The trade was a 3.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Stephen Trundle sold 6,073 shares of the company’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 transaction of $265,875.94. Following the completion of the transaction, the chief executive officer owned 324,842 shares of the company’s stock, valued at approximately $14,221,582.76. This trade represents a 1.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 31,169 shares of company stock valued at $1,393,420. 4.80% of the stock is owned by insiders.

About Alarm.com

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.