Jump Financial LLC Makes New $627,000 Investment in Alarm.com Holdings, Inc. (NASDAQ:ALRM)

Jump Financial LLC acquired a new stake in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 10,315 shares of the software maker's stock, valued at approximately $627,000.

Several other institutional investors and hedge funds have also recently modified their holdings of ALRM. SBI Securities Co. Ltd. bought a new stake in Alarm.com in the 4th quarter worth approximately $25,000. C M Bidwell & Associates Ltd. purchased a new position in shares of Alarm.com in the fourth quarter valued at $36,000. Nisa Investment Advisors LLC increased its position in Alarm.com by 134.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 939 shares of the software maker's stock worth $57,000 after purchasing an additional 539 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in Alarm.com by 305.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,034 shares of the software maker's stock valued at $63,000 after purchasing an additional 779 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in Alarm.com by 29.5% during the fourth quarter. GAMMA Investing LLC now owns 1,045 shares of the software maker's stock valued at $64,000 after purchasing an additional 238 shares during the last quarter. Institutional investors own 91.74% of the company's stock.

Wall Street Analyst Weigh In

ALRM has been the topic of a number of research reports. Barclays reduced their target price on shares of Alarm.com from $67.00 to $60.00 and set an "equal weight" rating on the stock in a report on Monday, April 14th. The Goldman Sachs Group lowered their target price on shares of Alarm.com from $66.00 to $58.00 and set a "neutral" rating for the company in a report on Thursday, April 17th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $61.20.

Alarm.com Trading Up 1.0 %

Shares of ALRM traded up $0.50 during trading hours on Friday, reaching $53.04. 283,492 shares of the company traded hands, compared to its average volume of 419,215. The stock's fifty day moving average price is $55.54 and its 200 day moving average price is $59.03. The company has a current ratio of 7.85, a quick ratio of 7.38 and a debt-to-equity ratio of 1.35. The firm has a market cap of $2.63 billion, a price-to-earnings ratio of 23.16, a PEG ratio of 3.59 and a beta of 1.03. Alarm.com Holdings, Inc. has a 12-month low of $48.23 and a 12-month high of $71.98.

Alarm.com (NASDAQ:ALRM - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The software maker reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.06). The company had revenue of $242.24 million during the quarter, compared to analysts' expectations of $237.44 million. Alarm.com had a net margin of 13.21% and a return on equity of 13.55%. Sell-side analysts forecast that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current year.

Insiders Place Their Bets

In other Alarm.com news, insider Daniel Kerzner sold 932 shares of the company's stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $55.49, for a total transaction of $51,716.68. Following the completion of the sale, the insider now owns 58,736 shares in the company, valued at $3,259,260.64. This represents a 1.56 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Steve Valenzuela sold 3,436 shares of Alarm.com stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $58.45, for a total value of $200,834.20. Following the completion of the transaction, the chief financial officer now owns 37,500 shares in the company, valued at $2,191,875. This represents a 8.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 5,921 shares of company stock worth $338,727. 5.60% of the stock is currently owned by company insiders.

Alarm.com Company Profile

Alarm.com Holdings, Inc provides various Internet of Things (IoT) and solutions for residential, multi-family, small business, and enterprise commercial markets in North America and internationally. The company operates through two segments, Alarm.com and Other. It offers solutions to control and monitor security systems, as well as to IoT devices, including door locks, garage doors, thermostats, and video cameras; and video monitoring and analytics solutions, such as video analytics, escalated events, video doorbells, intelligent integration, live streaming, secure cloud storage, and video alerts.