Quantbot Technologies LP Has $1.05 Million Position in Alarm.com Holdings, Inc. (NASDAQ:ALRM)

Quantbot Technologies LP lessened its stake in Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 55.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,332 shares of the software maker’s stock after selling 21,727 shares during the period. Quantbot Technologies LP’s holdings in Alarm.com were worth $1,054,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Disciplined Growth Investors Inc. MN lifted its position in shares of Alarm.com by 6.0% in the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 2,874,849 shares of the software maker’s stock worth $157,168,000 after acquiring an additional 163,851 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in Alarm.com by 1.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 530,383 shares of the software maker’s stock worth $32,247,000 after buying an additional 8,840 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in Alarm.com by 2.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 391,212 shares of the software maker’s stock valued at $23,786,000 after buying an additional 9,935 shares during the period. DF Dent & Co. Inc. raised its stake in shares of Alarm.com by 23.3% in the 3rd quarter. DF Dent & Co. Inc. now owns 359,399 shares of the software maker’s stock valued at $19,648,000 after buying an additional 67,824 shares in the last quarter. Finally, Bank of Montreal Can lifted its holdings in shares of Alarm.com by 18.0% during the 3rd quarter. Bank of Montreal Can now owns 323,133 shares of the software maker’s stock worth $17,879,000 after acquiring an additional 49,403 shares during the period. 91.74% of the stock is owned by institutional investors and hedge funds.

Alarm.com Stock Up 0.5 %

ALRM opened at $57.69 on Wednesday. The firm has a market cap of $2.86 billion, a price-to-earnings ratio of 25.19, a PEG ratio of 3.59 and a beta of 1.10. The company has a debt-to-equity ratio of 1.35, a quick ratio of 7.38 and a current ratio of 7.85. The firm’s 50-day simple moving average is $60.35 and its 200-day simple moving average is $59.39. Alarm.com Holdings, Inc. has a twelve month low of $51.87 and a twelve month high of $74.25.

Alarm.com (NASDAQ:ALRM) last issued its quarterly earnings data on Thursday, February 20th. The software maker reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.06). Alarm.com had a return on equity of 13.55% and a net margin of 13.21%. The firm had revenue of $242.24 million for the quarter, compared to the consensus estimate of $237.44 million. Equities research analysts anticipate that Alarm.com Holdings, Inc. will post 1.64 EPS for the current fiscal year.

Insider Buying and Selling

In other Alarm.com news, CFO Steve Valenzuela sold 3,436 shares of the business’s stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $58.45, for a total value of $200,834.20. Following the transaction, the chief financial officer now owns 37,500 shares of the company’s stock, valued at approximately $2,191,875. The trade was a 8.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 5.60% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Alarm.com from a “hold” rating to a “buy” rating in a research note on Wednesday, December 18th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $64.40.

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.