Steve Valenzuela Sells 3,436 Shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) Stock

Alarm.com Holdings, Inc. (NASDAQ:ALRM - Get Free Report) CFO Steve Valenzuela sold 3,436 shares of the company's stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $58.45, for a total value of $200,834.20. Following the completion of the sale, the chief financial officer now owns 37,500 shares of the company's stock, valued at $2,191,875. This trade represents a 8.39 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Alarm.com Price Performance

ALRM stock traded up $0.03 during trading on Tuesday, reaching $58.39. The company's stock had a trading volume of 389,382 shares, compared to its average volume of 381,414. The company has a market capitalization of $2.90 billion, a P/E ratio of 25.50, a price-to-earnings-growth ratio of 3.59 and a beta of 1.10. The company's fifty day moving average is $60.63 and its 200-day moving average is $59.41. The company has a quick ratio of 7.38, a current ratio of 7.85 and a debt-to-equity ratio of 1.35. Alarm.com Holdings, Inc. has a 1 year low of $51.87 and a 1 year high of $74.97.

Alarm.com (NASDAQ:ALRM - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The software maker reported $0.47 earnings per share for the quarter, missing analysts' consensus estimates of $0.53 by ($0.06). The firm had revenue of $242.24 million for 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%. On average, research analysts expect that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current fiscal year.

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Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. SBI Securities Co. Ltd. purchased a new position in shares of Alarm.com during the fourth quarter valued at about $25,000. C M Bidwell & Associates Ltd. bought a new position in shares of Alarm.com in the 4th quarter valued at about $36,000. Quarry LP lifted its holdings in shares of Alarm.com by 291.7% in the 3rd quarter. Quarry LP now owns 705 shares of the software maker's stock valued at $39,000 after acquiring an additional 525 shares during the last quarter. Nisa Investment Advisors LLC lifted its holdings in shares of Alarm.com by 134.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 939 shares of the software maker's stock valued at $57,000 after acquiring an additional 539 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Alarm.com by 305.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,034 shares of the software maker's stock valued at $63,000 after acquiring an additional 779 shares during the last quarter. Hedge funds and other institutional investors own 91.74% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Alarm.com from a "hold" rating to a "buy" rating in a research note on Wednesday, December 18th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $64.40.

About Alarm.com

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.