AlarmCom (NASDAQ:ALRM)‘s stock had its “outperform” rating restated by Credit Suisse Group in a report released on Friday.

ALRM has been the subject of several other reports. Maxim Group reaffirmed a “buy” rating and set a $59.00 price objective on shares of AlarmCom in a research note on Friday, May 4th. ValuEngine raised shares of AlarmCom from a “hold” rating to a “buy” rating in a research note on Friday, June 1st. BidaskClub raised shares of AlarmCom from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 30th. Roth Capital lifted their price objective on shares of AlarmCom from $51.00 to $57.00 and gave the stock a “buy” rating in a research note on Wednesday, August 8th. Finally, Zacks Investment Research raised shares of AlarmCom from a “hold” rating to a “buy” rating and set a $56.00 target price for the company in a research note on Monday. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company’s stock. AlarmCom has an average rating of “Buy” and an average price target of $50.83.

NASDAQ ALRM traded up $1.33 on Friday, hitting $54.88. 682,021 shares of the stock were exchanged, compared to its average volume of 470,281. The company has a quick ratio of 3.93, a current ratio of 4.25 and a debt-to-equity ratio of -1.08. The firm has a market capitalization of $2.40 billion, a price-to-earnings ratio of 72.21, a PEG ratio of 2.94 and a beta of 1.16. AlarmCom has a 52-week low of $33.39 and a 52-week high of $54.93.

AlarmCom (NASDAQ:ALRM) last posted its quarterly earnings data on Tuesday, August 7th. The software maker reported $0.34 EPS for the quarter, topping the consensus estimate of $0.22 by $0.12. The company had revenue of $104.49 million during the quarter, compared to analyst estimates of $94.72 million. AlarmCom had a net margin of 9.75% and a negative return on equity of 64.90%. equities research analysts anticipate that AlarmCom will post 1 EPS for the current year.

In related news, insider Jean-Paul Martin sold 50,000 shares of AlarmCom stock in a transaction dated Thursday, May 24th. The stock was sold at an average price of $42.86, for a total value of $2,143,000.00. Following the completion of the sale, the insider now directly owns 188,004 shares in the company, valued at $8,057,851.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Vii Lp Tcv sold 114,687 shares of AlarmCom stock in a transaction dated Wednesday, June 13th. The shares were sold at an average price of $44.51, for a total value of $5,104,718.37. The disclosure for this sale can be found here. Insiders have sold 309,625 shares of company stock valued at $13,863,663 over the last three months. Insiders own 37.10% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the stock. We Are One Seven LLC raised its holdings in shares of AlarmCom by 372.4% in the first quarter. We Are One Seven LLC now owns 2,773 shares of the software maker’s stock valued at $105,000 after acquiring an additional 2,186 shares in the last quarter. Balter Liquid Alternatives LLC bought a new stake in shares of AlarmCom in the first quarter valued at about $119,000. Mount Yale Investment Advisors LLC bought a new stake in shares of AlarmCom in the first quarter valued at about $138,000. Macquarie Group Ltd. raised its holdings in shares of AlarmCom by 583.3% in the second quarter. Macquarie Group Ltd. now owns 4,100 shares of the software maker’s stock valued at $166,000 after acquiring an additional 3,500 shares in the last quarter. Finally, Amalgamated Bank bought a new stake in shares of AlarmCom in the second quarter valued at about $200,000. Hedge funds and other institutional investors own 92.75% of the company’s stock.

About AlarmCom

Alarm.com Holdings, Inc provides cloud-based software platform solutions for smart residential and commercial properties in the United States and internationally. The company provides interactive security solutions to control and monitor their security systems, as well as connected security devices, including door locks, motion sensors, thermostats, garage doors, and video cameras; and high definition video monitoring solutions, such as live streaming, smart clip capture, secure cloud storage, video alerts, continuous HD recording, and commercial video surveillance solutions.

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Analyst Recommendations for AlarmCom (NASDAQ:ALRM)

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