Alarm.com Holdings, Inc. (NASDAQ:ALRM) Shares Purchased by Captrust Financial Advisors

Captrust Financial Advisors grew its holdings in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 41.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 803 shares of the software maker’s stock after purchasing an additional 234 shares during the period. Captrust Financial Advisors’ holdings in Alarm.com were worth $83,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Archer Investment Corp acquired a new position in Alarm.com during the 4th quarter worth approximately $39,000. Capstone Triton Financial Group LLC acquired a new position in Alarm.com during the 4th quarter worth approximately $44,000. Vantage Consulting Group Inc acquired a new position in Alarm.com during the 4th quarter worth approximately $59,000. Advisory Services Network LLC increased its position in Alarm.com by 104.9% during the 4th quarter. Advisory Services Network LLC now owns 875 shares of the software maker’s stock worth $91,000 after purchasing an additional 448 shares during the period. Finally, Veriti Management LLC acquired a new position in Alarm.com during the 4th quarter worth approximately $141,000. Institutional investors own 93.36% of the company’s stock.

In other Alarm.com news, CFO Steve Valenzuela sold 5,000 shares of the stock in a transaction on Monday, April 5th. The stock was sold at an average price of $87.39, for a total transaction of $436,950.00. Following the transaction, the chief financial officer now owns 34,677 shares of the company’s stock, valued at approximately $3,030,423.03. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Stephen Trundle sold 15,000 shares of the stock in a transaction on Friday, January 15th. The stock was sold at an average price of $98.79, for a total value of $1,481,850.00. Following the transaction, the chief executive officer now directly owns 272,741 shares in the company, valued at approximately $26,944,083.39. The disclosure for this sale can be found here. In the last three months, insiders have sold 31,278 shares of company stock worth $2,907,926. Corporate insiders own 20.80% of the company’s stock.

ALRM has been the topic of several research analyst reports. Maxim Group boosted their price target on Alarm.com from $79.00 to $120.00 in a research note on Friday, February 26th. Zacks Investment Research lowered Alarm.com from a “hold” rating to a “sell” rating in a research note on Tuesday, March 23rd. Raymond James boosted their price target on Alarm.com from $75.00 to $115.00 and gave the stock a “strong-buy” rating in a research note on Thursday, March 4th. Imperial Capital raised Alarm.com to an “outperform” rating in a research note on Wednesday. Finally, Roth Capital boosted their price target on Alarm.com from $75.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, January 21st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $93.50.

ALRM stock opened at $85.73 on Thursday. Alarm.com Holdings, Inc. has a 1 year low of $40.48 and a 1 year high of $108.67. The company has a debt-to-equity ratio of 0.25, a quick ratio of 4.19 and a current ratio of 4.67. The stock’s 50 day moving average price is $88.94 and its 200 day moving average price is $82.24. The firm has a market cap of $4.25 billion, a P/E ratio of 57.54, a PEG ratio of 4.75 and a beta of 1.15.

Alarm.com (NASDAQ:ALRM) last posted its earnings results on Wednesday, February 24th. The software maker reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.18. Alarm.com had a return on equity of 17.50% and a net margin of 12.64%. On average, research analysts predict that Alarm.com Holdings, Inc. will post 1.12 earnings per share for the current year.

About Alarm.com

Alarm.com Holdings, Inc engages in the provision of wireless and web-enabled security system technology. The firm offers security, video monitoring, and energy management solutions. It operates through the Alarm.com and Other segments. The Alarm.com segment represents cloud-based platform for the connected home and related connected home solutions.

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Institutional Ownership by Quarter for Alarm.com (NASDAQ:ALRM)

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