Atria Investments Inc Has $352,000 Position in Alarm.com Holdings, Inc. (NASDAQ:ALRM)

Atria Investments Inc trimmed its holdings in Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 12.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,784 shares of the software maker’s stock after selling 856 shares during the period. Atria Investments Inc’s holdings in Alarm.com were worth $352,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. SBI Securities Co. Ltd. acquired a new position in Alarm.com during the fourth quarter worth about $25,000. Quarry LP lifted its holdings in Alarm.com by 291.7% during the 3rd quarter. Quarry LP now owns 705 shares of the software maker’s stock worth $39,000 after buying an additional 525 shares during the period. Nisa Investment Advisors LLC increased its position in Alarm.com by 134.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 939 shares of the software maker’s stock valued at $57,000 after purchasing an additional 539 shares during the period. Smartleaf Asset Management LLC increased its position in shares of Alarm.com by 305.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,034 shares of the software maker’s stock worth $63,000 after buying an additional 779 shares during the period. Finally, GAMMA Investing LLC raised its position in shares of Alarm.com by 29.5% in the 4th quarter. GAMMA Investing LLC now owns 1,045 shares of the software maker’s stock worth $64,000 after acquiring an additional 238 shares in the last quarter. 91.74% of the stock is owned by institutional investors and hedge funds.

Alarm.com Trading Up 0.8 %

NASDAQ:ALRM opened at $58.49 on Monday. The company’s 50 day moving average price is $60.68 and its 200-day moving average price is $59.42. The company has a quick ratio of 7.38, a current ratio of 7.85 and a debt-to-equity ratio of 1.35. Alarm.com Holdings, Inc. has a 52 week low of $51.87 and a 52 week high of $74.97. The stock has a market cap of $2.90 billion, a price-to-earnings ratio of 25.54, a PEG ratio of 3.59 and a beta of 1.10.

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 business had revenue of $242.24 million during the quarter, compared to the consensus estimate of $237.44 million. On average, equities research analysts forecast that Alarm.com Holdings, Inc. will post 1.64 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CFO Steve Valenzuela sold 3,436 shares of the firm’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $58.45, for a total transaction of $200,834.20. Following the sale, the chief financial officer now directly owns 37,500 shares in the company, valued at $2,191,875. This trade represents a 8.39 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 5.60% of the stock is currently owned by insiders.

Analyst Ratings Changes

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