Trexquant Investment LP Grows Stock Position in Alarm.com Holdings, Inc. (NASDAQ:ALRM)

Trexquant Investment LP increased its holdings in Alarm.com Holdings, Inc. (NASDAQ:ALRM - Free Report) by 16.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 156,150 shares of the software maker's stock after acquiring an additional 22,509 shares during the quarter. Trexquant Investment LP owned about 0.32% of Alarm.com worth $9,494,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in shares of Alarm.com by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 6,300,842 shares of the software maker's stock worth $383,091,000 after acquiring an additional 68,907 shares during the last quarter. Disciplined Growth Investors Inc. MN raised its position in Alarm.com by 6.0% in the third quarter. Disciplined Growth Investors Inc. MN now owns 2,874,849 shares of the software maker's stock worth $157,168,000 after acquiring an additional 163,851 shares during the period. Norges Bank purchased a new stake in shares of Alarm.com in the 4th quarter worth $34,841,000. Charles Schwab Investment Management Inc. raised its stake in shares of Alarm.com by 1.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 530,383 shares of the software maker's stock worth $32,247,000 after buying an additional 8,840 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Alarm.com by 120.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 400,810 shares of the software maker's stock worth $24,369,000 after acquiring an additional 219,203 shares in the last quarter. 91.74% of the stock is currently owned by hedge funds and other institutional investors.

Alarm.com Trading Down 1.9 %

Alarm.com stock traded down $0.95 during midday trading on Monday, reaching $49.98. The stock had a trading volume of 273,732 shares, compared to its average volume of 407,255. 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 firm has a market cap of $2.48 billion, a price-to-earnings ratio of 21.60, a price-to-earnings-growth ratio of 3.59 and a beta of 1.03. Alarm.com Holdings, Inc. has a 52-week low of $48.25 and a 52-week high of $71.98. The company has a fifty day moving average of $59.33 and a 200 day moving average of $59.44.

Alarm.com (NASDAQ:ALRM - Get Free Report) last issued its quarterly earnings results 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 business had revenue of $242.24 million for 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%. On average, analysts anticipate that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current fiscal year.

Insider Buying and Selling at Alarm.com

In other Alarm.com news, CFO Steve Valenzuela sold 3,436 shares of Alarm.com 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 of the company's stock, valued at approximately $2,191,875. The trade was a 8.39 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Daniel Kerzner sold 932 shares of the stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $55.49, for a total value of $51,716.68. Following the completion of the transaction, the insider now directly owns 58,736 shares in the company, valued at $3,259,260.64. This represents a 1.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 5,921 shares of company stock valued at $338,727. Company insiders own 5.60% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com raised Alarm.com from a "hold" rating to a "buy" rating in a report on Wednesday, December 18th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus 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.