86,455 Shares in AlarmCom Hldg Inc (ALRM) Acquired by EAM Investors LLC

EAM Investors LLC purchased a new position in shares of AlarmCom Hldg Inc (NASDAQ:ALRM) during the first quarter, Holdings Channel reports. The institutional investor purchased 86,455 shares of the software maker’s stock, valued at approximately $2,658,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. A.R.T. Advisors LLC purchased a new stake in AlarmCom Hldg during the fourth quarter valued at $225,000. Renaissance Technologies LLC boosted its stake in AlarmCom Hldg by 73.4% in the fourth quarter. Renaissance Technologies LLC now owns 293,800 shares of the software maker’s stock valued at $8,176,000 after buying an additional 124,400 shares during the last quarter. Allianz Asset Management AG boosted its stake in AlarmCom Hldg by 132.9% in the fourth quarter. Allianz Asset Management AG now owns 135,106 shares of the software maker’s stock valued at $3,760,000 after buying an additional 77,098 shares during the last quarter. Credit Agricole S A boosted its stake in AlarmCom Hldg by 299.0% in the fourth quarter. Credit Agricole S A now owns 55,860 shares of the software maker’s stock valued at $1,555,000 after buying an additional 41,860 shares during the last quarter. Finally, PEAK6 Investments L.P. purchased a new stake in AlarmCom Hldg during the fourth quarter valued at $290,000. Institutional investors own 63.00% of the company’s stock.

Institutional Ownership by Quarter for AlarmCom Hldg (NASDAQ:ALRM)

Shares of AlarmCom Hldg Inc (NASDAQ:ALRM) opened at 32.24 on Thursday. AlarmCom Hldg Inc has a 12 month low of $20.44 and a 12 month high of $34.43. The company has a market capitalization of $1.49 billion, a PE ratio of 140.17 and a beta of 1.64. The stock has a 50 day moving average price of $32.02 and a 200-day moving average price of $29.78.

AlarmCom Hldg (NASDAQ:ALRM) last released its quarterly earnings data on Tuesday, May 9th. The software maker reported $0.23 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.15 by $0.08. AlarmCom Hldg had a net margin of 4.21% and a negative return on equity of 20.70%. The firm had revenue of $74.20 million for the quarter, compared to the consensus estimate of $69.70 million. During the same period last year, the firm earned $0.12 earnings per share. The company’s quarterly revenue was up 25.8% on a year-over-year basis. Analysts forecast that AlarmCom Hldg Inc will post $0.75 EPS for the current year.

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Several analysts have weighed in on ALRM shares. Maxim Group reaffirmed a “buy” rating and set a $42.00 price objective on shares of AlarmCom Hldg in a research report on Friday, March 31st. Zacks Investment Research raised AlarmCom Hldg from a “hold” rating to a “buy” rating and set a $35.00 price objective on the stock in a research report on Monday, March 20th. Roth Capital set a $40.00 price objective on AlarmCom Hldg and gave the company a “buy” rating in a research report on Saturday, March 18th. Bank of America Corp lifted their price objective on AlarmCom Hldg from $37.00 to $39.00 and gave the company a “buy” rating in a research report on Thursday, March 16th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $29.00 price objective (up from $27.00) on shares of AlarmCom Hldg in a research report on Thursday, March 16th. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $34.20.

In other news, insider Jean-Paul Martin sold 30,000 shares of the stock in a transaction that occurred on Monday, March 6th. The shares were sold at an average price of $29.10, for a total transaction of $873,000.00. Following the transaction, the insider now directly owns 152,904 shares in the company, valued at $4,449,506.40. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider David Hutz sold 3,500 shares of the stock in a transaction that occurred on Tuesday, March 21st. The shares were sold at an average price of $33.09, for a total transaction of $115,815.00. Following the transaction, the insider now owns 145,522 shares in the company, valued at $4,815,322.98. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 111,000 shares of company stock worth $3,423,495. Insiders own 78.50% of the company’s stock.

About AlarmCom Hldg

Alarm.com Holdings, Inc is a platform solution for the connected property. The Company offers a suite of cloud-based solutions for the smart home and business, including interactive security, video monitoring, intelligent automation and energy management. The Company operates through two segments: Alarm.com and Other.

12 Month Chart for NASDAQ:ALRM

Want to see what other hedge funds are holding ALRM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AlarmCom Hldg Inc (NASDAQ:ALRM).

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