AlarmCom Hldg Inc (NASDAQ:ALRM) VP Daniel Ramos sold 50,399 shares of AlarmCom stock in a transaction on Monday, September 10th. The shares were sold at an average price of $56.31, for a total value of $2,837,967.69. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
Daniel Ramos also recently made the following trade(s):
- On Wednesday, September 12th, Daniel Ramos sold 70,299 shares of AlarmCom stock. The shares were sold at an average price of $56.47, for a total value of $3,969,784.53.
Shares of NASDAQ:ALRM traded down $3.31 on Friday, reaching $51.92. The company had a trading volume of 1,178,793 shares, compared to its average volume of 492,368. AlarmCom Hldg Inc has a twelve month low of $33.39 and a twelve month high of $60.20. The stock has a market capitalization of $2.74 billion, a P/E ratio of 68.32, a P/E/G ratio of 3.35 and a beta of 1.33. The company has a debt-to-equity ratio of -1.08, a current ratio of 4.25 and a quick ratio of 3.93.
AlarmCom (NASDAQ:ALRM) last announced its quarterly earnings results on Tuesday, August 7th. The software maker reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.12. AlarmCom had a negative return on equity of 64.90% and a net margin of 9.75%. The company had revenue of $104.49 million during the quarter, compared to analysts’ expectations of $94.72 million. As a group, research analysts expect that AlarmCom Hldg Inc will post 1.01 EPS for the current fiscal year.
Several large investors have recently made changes to their positions in ALRM. We Are One Seven LLC lifted its position in shares of AlarmCom by 372.4% in the first quarter. We Are One Seven LLC now owns 2,773 shares of the software maker’s stock worth $105,000 after buying an additional 2,186 shares during the last quarter. Mount Yale Investment Advisors LLC acquired a new stake in shares of AlarmCom in the first quarter worth about $138,000. Macquarie Group Ltd. lifted its position in shares of AlarmCom by 583.3% in the second quarter. Macquarie Group Ltd. now owns 4,100 shares of the software maker’s stock worth $166,000 after buying an additional 3,500 shares during the last quarter. Optimum Investment Advisors acquired a new stake in shares of AlarmCom in the first quarter worth about $189,000. Finally, Amalgamated Bank acquired a new stake in shares of AlarmCom in the second quarter worth about $200,000. 96.01% of the stock is owned by institutional investors.
A number of analysts recently issued reports on ALRM shares. Credit Suisse Group reissued an “outperform” rating on shares of AlarmCom in a research report on Friday, August 17th. Goldman Sachs Group cut AlarmCom from a “neutral” rating to a “sell” rating and set a $30.00 price objective for the company. in a research report on Wednesday, June 20th. Jefferies Financial Group lifted their price objective on AlarmCom to $55.00 and gave the company a “buy” rating in a research report on Wednesday, August 8th. Maxim Group lifted their price objective on AlarmCom from $59.00 to $69.00 and gave the company a “buy” rating in a research report on Tuesday, September 18th. Finally, BidaskClub cut AlarmCom from a “strong-buy” rating to a “buy” rating in a research report on Monday, June 18th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company’s stock. AlarmCom presently has a consensus rating of “Buy” and a consensus target price of $53.75.
AlarmCom Company Profile
Alarm.com Holdings, Inc provides cloud-based software platform solutions for smart residential and commercial properties in the United States and internationally. The company provides interactive security solutions to control and monitor their security systems, as well as connected security devices, including door locks, motion sensors, thermostats, garage doors, and video cameras; and high definition video monitoring solutions, such as live streaming, smart clip capture, secure cloud storage, video alerts, continuous HD recording, and commercial video surveillance solutions.
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