By otakuyassine3@gmail.com 
Alarm.com Holdings, Inc. (NASDAQ:ALRM – Get Free Report) has been given a consensus recommendation of “Hold” by the six brokerages that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have given a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $64.40.
Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. reissued an “underweight” rating and set a $50.00 price target (down from $65.00) on shares of Alarm.com in a report on Monday, November 11th. Barclays increased their target price on Alarm.com from $60.00 to $67.00 and gave the company an “equal weight” rating in a report on Friday, November 8th. StockNews.com upgraded Alarm.com from a “hold” rating to a “buy” rating in a research note on Wednesday, December 18th. Jefferies Financial Group started coverage on shares of Alarm.com in a research note on Tuesday, November 5th. They issued a “buy” rating and a $65.00 price objective on the stock. Finally, Roth Mkm cut their target price on shares of Alarm.com from $78.00 to $73.00 and set a “buy” rating for the company in a research report on Wednesday, October 9th.
Get Our Latest Stock Analysis on ALRM
Insider Buying and Selling
In other news, insider Daniel Kerzner sold 32,851 shares of the stock in a transaction on Friday, December 13th. The shares were sold at an average price of $66.40, for a total value of $2,181,306.40. Following the completion of the sale, the insider now directly owns 59,668 shares of the company’s stock, valued at $3,961,955.20. This represents a 35.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Stephen C. Evans sold 2,625 shares of Alarm.com stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $59.67, for a total transaction of $156,633.75. Following the transaction, the director now owns 5,767 shares in the company, valued at approximately $344,116.89. This trade represents a 31.28 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 82,976 shares of company stock valued at $5,576,490. 5.60% of the stock is owned by corporate insiders.
Institutional Trading of Alarm.com
Several institutional investors and hedge funds have recently added to or reduced their stakes in ALRM. GAMMA Investing LLC raised its position in shares of Alarm.com by 29.5% during the fourth quarter. GAMMA Investing LLC now owns 1,045 shares of the software maker’s stock valued at $64,000 after buying an additional 238 shares during the last quarter. Nicolet Advisory Services LLC grew its stake in Alarm.com by 6.0% during the third quarter. Nicolet Advisory Services LLC now owns 4,775 shares of the software maker’s stock valued at $250,000 after acquiring an additional 272 shares in the last quarter. Huntington National Bank increased its holdings in Alarm.com by 52.4% in the 3rd quarter. Huntington National Bank now owns 1,068 shares of the software maker’s stock valued at $58,000 after acquiring an additional 367 shares during the last quarter. Quarry LP lifted its stake in Alarm.com by 291.7% in the 3rd quarter. Quarry LP now owns 705 shares of the software maker’s stock worth $39,000 after purchasing an additional 525 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its holdings in shares of Alarm.com by 134.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 939 shares of the software maker’s stock valued at $57,000 after purchasing an additional 539 shares during the last quarter. Institutional investors own 91.74% of the company’s stock.
Alarm.com Stock Down 0.9 %
Shares of Alarm.com stock opened at $60.67 on Monday. Alarm.com has a twelve month low of $51.87 and a twelve month high of $77.29. The company has a quick ratio of 8.20, a current ratio of 8.66 and a debt-to-equity ratio of 1.42. The company’s 50 day moving average is $63.20 and its 200 day moving average is $60.17. The company has a market cap of $3.00 billion, a price-to-earnings ratio of 26.26, a price-to-earnings-growth ratio of 3.69 and a beta of 0.98.
About Alarm.com
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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