Yousif Capital Management LLC Has $1.14 Million Stock Holdings in Alarm.com Holdings, Inc. (NASDAQ:ALRM)

Yousif Capital Management LLC trimmed its position in Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 1.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,669 shares of the software maker’s stock after selling 347 shares during the quarter. Yousif Capital Management LLC’s holdings in Alarm.com were worth $1,135,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Pacer Advisors Inc. raised its stake in Alarm.com by 50.1% during the fourth quarter. Pacer Advisors Inc. now owns 1,888 shares of the software maker’s stock worth $115,000 after acquiring an additional 630 shares in the last quarter. KBC Group NV increased its holdings in shares of Alarm.com by 47.9% during the fourth quarter. KBC Group NV now owns 1,920 shares of the software maker’s stock worth $117,000 after buying an additional 622 shares in the last quarter. SG Americas Securities LLC boosted its stake in Alarm.com by 61.6% in the fourth quarter. SG Americas Securities LLC now owns 10,473 shares of the software maker’s stock worth $637,000 after purchasing an additional 3,992 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in shares of Alarm.com by 134.8% during the fourth quarter. Nisa Investment Advisors LLC now owns 939 shares of the software maker’s stock worth $57,000 after purchasing an additional 539 shares during the last quarter. Finally, Atomi Financial Group Inc. bought a new stake in shares of Alarm.com during the fourth quarter worth $259,000. 91.74% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on ALRM shares. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $50.00 target price (down from $65.00) on shares of Alarm.com in a research note on Monday, November 11th. The Goldman Sachs Group upped their price objective on Alarm.com from $64.00 to $67.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. StockNews.com upgraded Alarm.com from a “hold” rating to a “buy” rating in a research report on Wednesday, December 18th. Barclays increased their price objective on shares of Alarm.com from $60.00 to $67.00 and gave the company an “equal weight” rating in a report on Friday, November 8th. Finally, Jefferies Financial Group assumed coverage on shares of Alarm.com in a report on Tuesday, November 5th. They set a “buy” rating and a $65.00 target price for the company. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Alarm.com has a consensus rating of “Hold” and a consensus target price of $64.40.

Alarm.com Stock Performance

ALRM stock opened at $63.82 on Friday. The business’s 50-day moving average price is $62.77 and its two-hundred day moving average price is $59.92. Alarm.com Holdings, Inc. has a 1-year low of $51.87 and a 1-year high of $77.29. The company has a current ratio of 8.66, a quick ratio of 8.20 and a debt-to-equity ratio of 1.42. The firm has a market cap of $3.15 billion, a PE ratio of 27.63, a P/E/G ratio of 3.82 and a beta of 0.98.

Insider Buying and Selling at Alarm.com

In other Alarm.com news, Director Stephen C. Evans sold 2,625 shares of the business’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $59.67, for a total value of $156,633.75. Following the sale, the director now owns 5,767 shares in the company, valued at approximately $344,116.89. The trade was a 31.28 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Daniel Kerzner sold 32,851 shares of the business’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $66.40, for a total transaction of $2,181,306.40. Following the sale, the insider now directly owns 59,668 shares in the company, valued at $3,961,955.20. This trade represents a 35.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 82,976 shares of company stock valued at $5,576,490. 5.60% of the stock is currently owned by corporate insiders.

Alarm.com 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.