Vontobel Holding Ltd. Makes New $2.27 Million Investment in Alarm.com Holdings, Inc. (NASDAQ:ALRM)

Vontobel Holding Ltd. bought a new position in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 37,340 shares of the software maker's stock, valued at approximately $2,270,000. Vontobel Holding Ltd. owned 0.08% of Alarm.com as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Entropy Technologies LP lifted its holdings in shares of Alarm.com by 63.8% during the fourth quarter. Entropy Technologies LP now owns 6,677 shares of the software maker's stock worth $406,000 after purchasing an additional 2,600 shares during the period. Pacer Advisors Inc. raised its position in Alarm.com by 50.1% during the fourth quarter. Pacer Advisors Inc. now owns 1,888 shares of the software maker's stock valued at $115,000 after acquiring an additional 630 shares in the last quarter. KBC Group NV raised its position in Alarm.com by 47.9% during the fourth quarter. KBC Group NV now owns 1,920 shares of the software maker's stock valued at $117,000 after acquiring an additional 622 shares in the last quarter. SG Americas Securities LLC raised its position in Alarm.com by 61.6% during the fourth quarter. SG Americas Securities LLC now owns 10,473 shares of the software maker's stock valued at $637,000 after acquiring an additional 3,992 shares in the last quarter. Finally, Nisa Investment Advisors LLC raised its position in Alarm.com by 134.8% during 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 in the last quarter. Institutional investors and hedge funds own 91.74% of the company's stock.

Alarm.com Price Performance

Shares of Alarm.com stock traded down $0.20 on Thursday, reaching $60.53. The company's stock had a trading volume of 528,013 shares, compared to its average volume of 290,552. The company has a market capitalization of $2.99 billion, a P/E ratio of 26.20, a PEG ratio of 3.71 and a beta of 0.98. Alarm.com Holdings, Inc. has a 52-week low of $51.87 and a 52-week high of $77.29. The stock has a 50-day moving average price of $62.19 and a 200-day moving average price of $59.68. The company has a quick ratio of 8.20, a current ratio of 8.66 and a debt-to-equity ratio of 1.42.

Alarm.com (NASDAQ:ALRM - Get Free Report) last posted 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 net margin of 13.54% and a return on equity of 13.78%. Analysts expect that Alarm.com Holdings, Inc. will post 1.65 EPS for the current year.

Insider Buying and Selling

In related news, CEO Stephen Trundle sold 47,500 shares of the business's stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $68.18, for a total transaction of $3,238,550.00. Following the completion of the sale, the chief executive officer now directly owns 252,682 shares in the company, valued at approximately $17,227,858.76. The trade was a 15.82 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Daniel Kerzner sold 32,851 shares of the business's stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $66.40, for a total value of $2,181,306.40. Following the sale, the insider now owns 59,668 shares of the company's stock, valued at $3,961,955.20. The trade was a 35.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.60% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on ALRM shares. The Goldman Sachs Group lifted their price target on Alarm.com from $64.00 to $67.00 and gave the company a "neutral" rating in a research report on Friday, November 8th. StockNews.com upgraded Alarm.com from a "hold" rating to a "buy" rating in a research report on Wednesday, December 18th. Barclays lifted their price target on Alarm.com from $60.00 to $67.00 and gave the company an "equal weight" rating in a research report on Friday, November 8th. Jefferies Financial Group started coverage on Alarm.com in a research report on Tuesday, November 5th. They set a "buy" rating and a $65.00 price target for the company. Finally, JPMorgan Chase & Co. reiterated an "underweight" rating and set a $50.00 price target (down from $65.00) on shares of Alarm.com in a research report on Monday, November 11th. One equities 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, the stock has an average rating of "Hold" and an average target price of $64.40.

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.