Alarm.com Holdings, Inc. (NASDAQ:ALRM) Shares Acquired by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. increased its stake in Alarm.com Holdings, Inc. (NASDAQ:ALRM - Free Report) by 58.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,030 shares of the software maker's stock after acquiring an additional 10,688 shares during the period. Landscape Capital Management L.L.C. owned approximately 0.06% of Alarm.com worth $1,765,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Daiwa Securities Group Inc. raised its position in Alarm.com by 8.1% in the 4th quarter. Daiwa Securities Group Inc. now owns 2,670 shares of the software maker's stock valued at $162,000 after purchasing an additional 200 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Alarm.com by 29.5% during the fourth quarter. GAMMA Investing LLC now owns 1,045 shares of the software maker's stock worth $64,000 after buying an additional 238 shares during the period. SBI Securities Co. Ltd. acquired a new stake in Alarm.com in the fourth quarter valued at approximately $25,000. Nicolet Advisory Services LLC lifted its position in shares of Alarm.com by 8.7% during the 4th quarter. Nicolet Advisory Services LLC now owns 5,190 shares of the software maker's stock worth $309,000 after purchasing an additional 415 shares during the last quarter. Finally, Quarry LP lifted its holdings in Alarm.com by 291.7% during the 3rd quarter. Quarry LP now owns 705 shares of the software maker's stock worth $39,000 after buying an additional 525 shares during the last quarter. 91.74% of the stock is currently owned by hedge funds and other institutional investors.

Alarm.com Stock Performance

NASDAQ ALRM traded down $2.09 during trading on Thursday, reaching $51.01. The company's stock had a trading volume of 115,778 shares, compared to its average volume of 410,562. The business's fifty day moving average price is $58.30 and its 200-day moving average price is $59.23. Alarm.com Holdings, Inc. has a twelve month low of $48.23 and a twelve month high of $71.98. The company has a debt-to-equity ratio of 1.35, a quick ratio of 7.38 and a current ratio of 7.85. The firm has a market cap of $2.53 billion, a price-to-earnings ratio of 22.23, a P/E/G ratio of 3.59 and a beta of 1.03.

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

Insiders Place Their Bets

In other news, CEO Stephen Trundle sold 1,553 shares of the firm's stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $55.49, for a total value of $86,175.97. Following the completion of the transaction, the chief executive officer now owns 251,129 shares in the company, valued at $13,935,148.21. This trade represents a 0.61 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Steve Valenzuela sold 3,436 shares of the business's stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $58.45, for a total transaction of $200,834.20. Following the completion of the sale, 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. Over the last three months, insiders have sold 5,921 shares of company stock worth $338,727. 5.60% of the stock is owned by company insiders.

Analyst Ratings Changes

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 analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $64.40.

Alarm.com 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.