Alarm.com Holdings, Inc. (NASDAQ:ALRM) Shares Purchased by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC lifted its stake in Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 9.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 168,403 shares of the software maker’s stock after acquiring an additional 15,029 shares during the period. Motley Fool Asset Management LLC owned 0.34% of Alarm.com worth $10,239,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Norges Bank bought a new stake in shares of Alarm.com in the 4th quarter worth $34,841,000. Arrowstreet Capital Limited Partnership lifted its holdings in Alarm.com by 120.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 400,810 shares of the software maker’s stock valued at $24,369,000 after acquiring an additional 219,203 shares during the last quarter. Disciplined Growth Investors Inc. MN boosted its position in shares of Alarm.com by 6.0% during the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 2,874,849 shares of the software maker’s stock valued at $157,168,000 after purchasing an additional 163,851 shares in the last quarter. FMR LLC grew its stake in shares of Alarm.com by 129.0% in the 3rd quarter. FMR LLC now owns 153,865 shares of the software maker’s stock worth $8,412,000 after purchasing an additional 86,683 shares during the last quarter. Finally, Barclays PLC raised its holdings in shares of Alarm.com by 323.2% in the 3rd quarter. Barclays PLC now owns 91,402 shares of the software maker’s stock worth $4,997,000 after purchasing an additional 69,804 shares in the last quarter. 91.74% of the stock is currently owned by institutional investors.

Alarm.com Stock Performance

Shares of ALRM opened at $55.75 on Thursday. Alarm.com Holdings, Inc. has a one year low of $51.87 and a one year high of $71.98. The company has a 50-day moving average of $59.74 and a two-hundred day moving average of $59.44. The company has a debt-to-equity ratio of 1.35, a current ratio of 7.85 and a quick ratio of 7.38. The stock has a market cap of $2.77 billion, a price-to-earnings ratio of 24.35, a PEG ratio of 3.59 and a beta of 1.03.

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

Insider Buying and Selling

In other Alarm.com news, CFO Steve Valenzuela sold 3,436 shares of the company’s stock in a transaction that occurred on Wednesday, March 12th. The shares were 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 in the company, valued at approximately $2,191,875. This represents a 8.39 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 5.60% of the company’s stock.

Analyst Upgrades and Downgrades

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

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 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.