Kevin Christopher Bradley Sells 724 Shares of Alarm.com (NASDAQ:ALRM) Stock

by · The Markets Daily

Alarm.com Holdings, Inc. (NASDAQ:ALRM – Get Free Report) CFO Kevin Christopher Bradley sold 724 shares of the business’s stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $48.46, for a total transaction of $35,085.04. Following the transaction, the chief financial officer directly owned 83,622 shares in the company, valued at $4,052,322.12. The trade was a 0.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Kevin Christopher Bradley also recently made the following trade(s):

  • On Wednesday, June 10th, Kevin Christopher Bradley sold 2,200 shares of Alarm.com stock. The shares were sold at an average price of $46.15, for a total transaction of $101,530.00.

Alarm.com Stock Performance

Shares of NASDAQ:ALRM opened at $49.69 on Friday. The firm has a fifty day moving average of $45.02 and a two-hundred day moving average of $46.85. The firm has a market capitalization of $2.46 billion, a P/E ratio of 20.62, a price-to-earnings-growth ratio of 1.67 and a beta of 0.77. Alarm.com Holdings, Inc. has a 12-month low of $41.49 and a 12-month high of $59.53. The company has a quick ratio of 4.55, a current ratio of 5.16 and a debt-to-equity ratio of 0.57.

Alarm.com (NASDAQ:ALRM – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The software maker reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.05. Alarm.com had a net margin of 12.36% and a return on equity of 14.99%. The business had revenue of $265.19 million for the quarter, compared to the consensus estimate of $250.94 million. During the same period in the prior year, the business posted $0.54 earnings per share. Alarm.com’s revenue for the quarter was up 11.1% compared to the same quarter last year. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. On average, equities analysts expect that Alarm.com Holdings, Inc. will post 2.34 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Barclays lifted their price target on Alarm.com from $50.00 to $55.00 and gave the company an “equal weight” rating in a report on Friday, May 8th. Wall Street Zen downgraded Alarm.com from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Weiss Ratings lowered shares of Alarm.com from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, June 24th. Finally, Zacks Research downgraded shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. Two analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average target price of $47.50.

View Our Latest Analysis on Alarm.com

Hedge Funds Weigh In On Alarm.com

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Covestor Ltd raised its position in shares of Alarm.com by 67.3% in the fourth quarter. Covestor Ltd now owns 691 shares of the software maker’s stock valued at $35,000 after purchasing an additional 278 shares during the period. Financial Management Professionals Inc. acquired a new position in Alarm.com in the 4th quarter valued at $47,000. Strs Ohio acquired a new position in Alarm.com in the 1st quarter valued at $56,000. Kemnay Advisory Services Inc. bought a new position in Alarm.com in the 4th quarter worth $59,000. Finally, GAMMA Investing LLC raised its holdings in Alarm.com by 22.4% in the 4th quarter. GAMMA Investing LLC now owns 1,361 shares of the software maker’s stock worth $69,000 after acquiring an additional 249 shares during the period. Institutional investors and hedge funds own 91.74% of the company’s stock.

Alarm.com Company Profile

(Get Free Report)

Alarm.com Holdings, Inc provides a cloud-based software platform for connected properties, enabling residential and commercial customers to monitor, manage and control security, energy and home automation solutions. The company’s interactive services connect security systems, smart thermostats, door locks, lights and video cameras through cellular, broadband and Z-Wave networks, offering real-time alerts and remote access via mobile and web applications.

Through its platform, Alarm.com delivers an integrated suite of products that includes intrusion detection, video monitoring and cloud recording, energy management features such as smart thermostat scheduling, and home automation controls for lighting, garage doors and connected appliances.

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