Fox Run Management L.L.C. Takes Position in Alarm.com Holdings, Inc. (NASDAQ:ALRM)

Fox Run Management L.L.C. acquired a new position in Alarm.com Holdings, Inc. (NASDAQ:ALRM - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,629 shares of the software maker's stock, valued at approximately $768,000.

A number of other institutional investors also recently bought and sold shares of the stock. Thrivent Financial for Lutherans raised its stake in shares of Alarm.com by 2.3% in the third quarter. Thrivent Financial for Lutherans now owns 42,635 shares of the software maker's stock worth $2,330,000 after buying an additional 971 shares during the period. Jennison Associates LLC raised its stake in Alarm.com by 75.2% during the 3rd quarter. Jennison Associates LLC now owns 13,118 shares of the software maker's stock worth $717,000 after acquiring an additional 5,632 shares during the period. Intech Investment Management LLC bought a new stake in Alarm.com during the 3rd quarter worth approximately $811,000. Charles Schwab Investment Management Inc. lifted its holdings in Alarm.com by 1.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 521,543 shares of the software maker's stock valued at $28,513,000 after purchasing an additional 7,567 shares in the last quarter. Finally, Nicolet Advisory Services LLC boosted its position in shares of Alarm.com by 6.0% in the third quarter. Nicolet Advisory Services LLC now owns 4,775 shares of the software maker's stock worth $250,000 after purchasing an additional 272 shares during the period. 91.74% of the stock is owned by institutional investors.

Alarm.com Price Performance

Shares of Alarm.com stock traded down $1.78 during trading on Friday, reaching $55.81. 259,772 shares of the stock traded hands, compared to its average volume of 403,826. The company has a debt-to-equity ratio of 1.35, a current ratio of 7.85 and a quick ratio of 7.38. The company has a market capitalization of $2.77 billion, a price-to-earnings ratio of 24.37, a P/E/G ratio of 3.59 and a beta of 1.10. Alarm.com Holdings, Inc. has a 52-week low of $51.87 and a 52-week high of $72.37. The business has a fifty day simple moving average of $60.10 and a two-hundred day simple moving average of $59.37.

Remove Ads

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 analysts' consensus estimates of $0.53 by ($0.06). The firm had revenue of $242.24 million during the quarter, compared to the consensus estimate of $237.44 million. Alarm.com had a return on equity of 13.55% and a net margin of 13.21%. Sell-side analysts expect that Alarm.com Holdings, Inc. will post 1.64 EPS for the current year.

Insider Transactions at Alarm.com

In related news, CFO Steve Valenzuela sold 3,436 shares of the stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $58.45, for a total value of $200,834.20. Following the sale, the chief financial officer now directly owns 37,500 shares of the company's stock, valued at $2,191,875. This represents a 8.39 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 5.60% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Alarm.com from a "hold" rating to a "buy" rating in a research note on Wednesday, December 18th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price 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.