Quantbot Technologies LP decreased its position in Alarm.com Holdings, Inc. (NASDAQ:ALRM - Free Report) by 55.6% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 17,332 shares of the software maker's stock after selling 21,727 shares during the period. Quantbot Technologies LP's holdings in Alarm.com were worth $1,054,000 as of its most recent filing with the SEC.
A number of other large investors have also recently bought and sold shares of the company. SBI Securities Co. Ltd. acquired a new position in Alarm.com during the fourth quarter worth $25,000. Quarry LP increased its position in shares of Alarm.com by 291.7% in the third 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 increased its position in shares of Alarm.com by 134.8% in the fourth 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. Smartleaf Asset Management LLC raised its holdings in Alarm.com by 305.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,034 shares of the software maker's stock worth $63,000 after acquiring an additional 779 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of Alarm.com by 29.5% during the 4th quarter. GAMMA Investing LLC now owns 1,045 shares of the software maker's stock worth $64,000 after purchasing an additional 238 shares in the last quarter. Institutional investors and hedge funds own 91.74% of the company's stock.
Insiders Place Their Bets
In other Alarm.com news, CFO Steve Valenzuela sold 3,436 shares of the firm's 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 transaction, the chief financial officer now directly owns 37,500 shares of the company's stock, valued at $2,191,875. This trade represents a 8.39 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 5.60% of the company's stock.
Alarm.com Stock Performance
Shares of NASDAQ:ALRM traded down $1.78 during trading on Friday, reaching $55.81. 259,772 shares of the stock were exchanged, compared to its average volume of 403,826. Alarm.com Holdings, Inc. has a 12 month low of $51.87 and a 12 month high of $72.37. The stock has a 50-day moving average price of $60.10 and a 200-day moving average price of $59.41. The company has a current ratio of 7.85, a quick ratio of 7.38 and a debt-to-equity ratio of 1.35. The firm has a market cap of $2.77 billion, a PE ratio of 24.37, a PEG ratio of 3.59 and a beta of 1.10.
Alarm.com (NASDAQ:ALRM - Get Free Report) last released its quarterly 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 business had revenue of $242.24 million during the quarter, compared to analyst estimates of $237.44 million. Research analysts expect that Alarm.com Holdings, Inc. will post 1.64 EPS for the current fiscal year.
Wall Street Analyst Weigh In
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 research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $64.40.
View Our Latest Stock Report on ALRM
Alarm.com Profile
(
Free Report)
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.
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