Alarm.com Holdings, Inc. (NASDAQ:ALRM) Insider Jeffrey A. Bedell Sells 2,061 Shares

Alarm.com Holdings, Inc. (NASDAQ:ALRM) insider Jeffrey A. Bedell sold 2,061 shares of the business’s stock in a transaction on Monday, April 5th. The shares were sold at an average price of $87.39, for a total value of $180,110.79. Following the sale, the insider now owns 442,511 shares in the company, valued at $38,671,036.29. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Shares of ALRM stock opened at $85.73 on Thursday. The stock has a market capitalization of $4.25 billion, a PE ratio of 57.54, a P/E/G ratio of 4.75 and a beta of 1.15. Alarm.com Holdings, Inc. has a 1-year low of $40.48 and a 1-year high of $108.67. The business has a 50-day moving average of $88.94 and a 200 day moving average of $82.24. The company has a debt-to-equity ratio of 0.25, a current ratio of 4.67 and a quick ratio of 4.19.

Alarm.com (NASDAQ:ALRM) last issued its earnings results on Wednesday, February 24th. The software maker reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.18. Alarm.com had a return on equity of 17.50% and a net margin of 12.64%. Analysts anticipate that Alarm.com Holdings, Inc. will post 1.12 EPS for the current year.

ALRM has been the topic of a number of analyst reports. Imperial Capital upgraded Alarm.com from an “in-line” rating to an “outperform” rating and set a $105.00 price objective on the stock in a research note on Wednesday. Raymond James boosted their price objective on Alarm.com from $75.00 to $115.00 and gave the company a “strong-buy” rating in a research note on Thursday, March 4th. Roth Capital boosted their target price on Alarm.com from $75.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, January 21st. Zacks Investment Research cut Alarm.com from a “hold” rating to a “sell” rating in a research report on Tuesday, March 23rd. Finally, JPMorgan Chase & Co. initiated coverage on Alarm.com in a research report on Tuesday. They set a “neutral” rating and a $100.00 target price for the company. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $94.78.

Several large investors have recently made changes to their positions in ALRM. Truvestments Capital LLC bought a new position in shares of Alarm.com in the 4th quarter worth approximately $25,000. Archer Investment Corp bought a new position in shares of Alarm.com in the 4th quarter worth approximately $39,000. Capstone Triton Financial Group LLC bought a new position in shares of Alarm.com in the 4th quarter worth approximately $44,000. Vantage Consulting Group Inc bought a new position in shares of Alarm.com in the 4th quarter worth approximately $59,000. Finally, Captrust Financial Advisors grew its stake in shares of Alarm.com by 41.1% in the 4th quarter. Captrust Financial Advisors now owns 803 shares of the software maker’s stock worth $83,000 after buying an additional 234 shares during the last quarter. 93.36% of the stock is owned by hedge funds and other institutional investors.

Alarm.com Company Profile

Alarm.com Holdings, Inc engages in the provision of wireless and web-enabled security system technology. The firm offers security, video monitoring, and energy management solutions. It operates through the Alarm.com and Other segments. The Alarm.com segment represents cloud-based platform for the connected home and related connected home solutions.

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Insider Buying and Selling by Quarter for Alarm.com (NASDAQ:ALRM)

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