Alarm.com Holdings, Inc. (NASDAQ:ALRM) Shares Purchased by Montanaro Asset Management Ltd

Montanaro Asset Management Ltd increased its position in Alarm.com Holdings, Inc. (NASDAQ:ALRM - Free Report) by 6.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 238,300 shares of the software maker's stock after buying an additional 14,400 shares during the quarter. Alarm.com comprises about 3.0% of Montanaro Asset Management Ltd's investment portfolio, making the stock its 14th biggest position. Montanaro Asset Management Ltd owned 0.48% of Alarm.com worth $14,489,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ALRM. SBI Securities Co. Ltd. acquired a new position in Alarm.com during the fourth quarter valued at approximately $25,000. Quarry LP lifted its holdings in shares of Alarm.com by 291.7% during 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 in the last quarter. Nisa Investment Advisors LLC boosted its position in Alarm.com by 134.8% during the 4th 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 period. Smartleaf Asset Management LLC increased its holdings in 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 purchasing an additional 779 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in Alarm.com by 29.5% in 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 period. Institutional investors and hedge funds own 91.74% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised 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 given a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $64.40.

Insider Buying and Selling

In other news, CFO Steve Valenzuela sold 3,436 shares of Alarm.com stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $58.45, for a total transaction of $200,834.20. Following the sale, the chief financial officer now owns 37,500 shares of the company's stock, valued at approximately $2,191,875. The trade was a 8.39 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 5.60% of the company's stock.

Alarm.com Stock Performance

ALRM stock traded down $0.34 during trading on Monday, hitting $55.48. 77,836 shares of the company's stock traded hands, compared to its average volume of 343,630. Alarm.com Holdings, Inc. has a 52 week low of $51.87 and a 52 week high of $72.37. The stock has a fifty day moving average price of $60.10 and a two-hundred day moving average price of $59.45. 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 stock has a market capitalization of $2.75 billion, a price-to-earnings ratio of 24.25, 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 earnings results on Thursday, February 20th. The software maker reported $0.47 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.06). Alarm.com had a net margin of 13.21% and a return on equity of 13.55%. The company had revenue of $242.24 million for the quarter, compared to the consensus estimate of $237.44 million. As a group, equities analysts anticipate that Alarm.com Holdings, Inc. will post 1.64 EPS for the current fiscal year.

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.