Alarm.com (NASDAQ:ALRM – Get Free Report) is set to release its earnings data after the market closes on Wednesday, August 9th. Analysts expect Alarm.com to post earnings of $0.35 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.
Alarm.com (NASDAQ:ALRM – Get Free Report) last posted its earnings results on Wednesday, May 10th. The software maker reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.14. Alarm.com had a return on equity of 11.00% and a net margin of 7.28%. The firm had revenue of $209.72 million during the quarter, compared to analyst estimates of $207.28 million. On average, analysts expect Alarm.com to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Alarm.com Stock Down 0.3 %
ALRM opened at $55.04 on Wednesday. The business has a 50 day moving average price of $51.73 and a 200 day moving average price of $50.82. Alarm.com has a twelve month low of $44.92 and a twelve month high of $78.99. The company has a debt-to-equity ratio of 0.79, a quick ratio of 4.73 and a current ratio of 5.46. The firm has a market cap of $2.74 billion, a P/E ratio of 46.64, a price-to-earnings-growth ratio of 7.74 and a beta of 1.01.
Analysts Set New Price Targets
Insider Buying and Selling
In related news, CEO Stephen Trundle sold 4,694 shares of the firm’s stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of $48.82, for a total value of $229,161.08. Following the completion of the transaction, the chief executive officer now directly owns 217,666 shares of the company’s stock, valued at $10,626,454.12. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other Alarm.com news, insider Daniel Ramos sold 1,660 shares of Alarm.com stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of $48.82, for a total transaction of $81,041.20. Following the completion of the transaction, the insider now directly owns 33,796 shares of the company’s stock, valued at $1,649,920.72. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Stephen Trundle sold 4,694 shares of Alarm.com stock in a transaction on Tuesday, May 16th. The shares were sold at an average price of $48.82, for a total value of $229,161.08. Following the transaction, the chief executive officer now directly owns 217,666 shares of the company’s stock, valued at $10,626,454.12. The disclosure for this sale can be found here. Insiders sold a total of 11,188 shares of company stock valued at $555,270 over the last ninety days. 5.60% of the stock is owned by company insiders.
Institutional Trading of Alarm.com
A number of hedge funds and other institutional investors have recently made changes to their positions in ALRM. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Alarm.com in the fourth quarter valued at $46,000. Tower Research Capital LLC TRC increased its position in Alarm.com by 422.3% in the first quarter. Tower Research Capital LLC TRC now owns 1,055 shares of the software maker’s stock worth $53,000 after purchasing an additional 853 shares during the period. Quantbot Technologies LP acquired a new stake in Alarm.com in the second quarter worth about $92,000. Point72 Middle East FZE acquired a new stake in Alarm.com in the fourth quarter worth about $131,000. Finally, Acadian Asset Management LLC acquired a new stake in Alarm.com in the first quarter worth about $155,000. 88.92% of the stock is currently owned by institutional investors and hedge funds.
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 in 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 escalated events, video doorbells, intelligent integration, live streaming, secure cloud storage, and video alerts.
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