5,227 Shares in Alarm.com Holdings, Inc. (NASDAQ:ALRM) Purchased by Magnetar Financial LLC

Magnetar Financial LLC acquired a new stake in Alarm.com Holdings, Inc. (NASDAQ:ALRM - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,227 shares of the software maker's stock, valued at approximately $318,000.

A number of other institutional investors also recently bought and sold shares of ALRM. Victory Capital Management Inc. raised its stake in shares of Alarm.com by 369.7% during the 3rd quarter. Victory Capital Management Inc. now owns 69,545 shares of the software maker's stock worth $3,802,000 after buying an additional 54,738 shares during the last quarter. Thrivent Financial for Lutherans increased its position in Alarm.com by 2.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 42,635 shares of the software maker's stock worth $2,330,000 after purchasing an additional 971 shares in the last quarter. Jennison Associates LLC boosted its position in shares of Alarm.com by 75.2% in the third quarter. Jennison Associates LLC now owns 13,118 shares of the software maker's stock worth $717,000 after buying an additional 5,632 shares during the period. Intech Investment Management LLC acquired a new stake in Alarm.com in the third quarter valued at approximately $811,000. Finally, Landscape Capital Management L.L.C. boosted its holdings in Alarm.com by 122.9% in the third quarter. Landscape Capital Management L.L.C. now owns 18,342 shares of the software maker's stock valued at $1,003,000 after purchasing an additional 10,114 shares during the last quarter. 91.74% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Alarm.com

In other Alarm.com news, CFO Steve Valenzuela sold 3,436 shares of the stock in a transaction dated 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 transaction, the chief financial officer now directly owns 37,500 shares in the company, valued at approximately $2,191,875. This trade represents a 8.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 5.60% of the company's stock.

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Alarm.com Trading Down 0.3 %

NASDAQ:ALRM traded down $0.17 during trading hours on Thursday, hitting $57.59. 193,909 shares of the stock were exchanged, compared to its average volume of 385,672. Alarm.com Holdings, Inc. has a twelve month low of $51.87 and a twelve month high of $74.25. The company's 50 day moving average is $60.28 and its two-hundred day moving average is $59.38. The company has a quick ratio of 7.38, a current ratio of 7.85 and a debt-to-equity ratio of 1.35. The company has a market capitalization of $2.86 billion, a P/E ratio of 25.15, a price-to-earnings-growth ratio of 3.59 and a beta of 1.10.

Alarm.com (NASDAQ:ALRM - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The software maker reported $0.47 earnings per share for the quarter, missing the consensus estimate 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 analyst estimates of $237.44 million. On average, sell-side analysts anticipate that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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