Alarm.com Holdings (ALRM) Receiving Somewhat Positive Press Coverage, Analysis Shows

News coverage about Alarm.com Holdings (NASDAQ:ALRM) has been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Alarm.com Holdings earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned media headlines about the software maker an impact score of 42.9943444602653 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the media headlines that may have effected Accern Sentiment’s analysis:

A number of equities research analysts recently weighed in on the company. Roth Capital reaffirmed a “buy” rating and set a $48.00 price target on shares of Alarm.com Holdings in a report on Friday, September 8th. Zacks Investment Research raised Alarm.com Holdings from a “hold” rating to a “buy” rating and set a $46.00 price target for the company in a report on Monday, August 14th. Imperial Capital cut Alarm.com Holdings from an “outperform” rating to an “in-line” rating and raised their price target for the company from $40.00 to $45.00 in a report on Thursday, August 10th. Stifel Nicolaus reaffirmed a “hold” rating and set a $34.00 price target (up from $29.00) on shares of Alarm.com Holdings in a report on Thursday, August 10th. Finally, Northland Securities set a $45.00 price target on Alarm.com Holdings and gave the company a “buy” rating in a report on Wednesday, August 9th. Three research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $43.11.

Shares of Alarm.com Holdings (ALRM) opened at 44.38 on Friday. The stock has a 50 day moving average price of $44.23 and a 200 day moving average price of $37.53. Alarm.com Holdings has a 1-year low of $25.03 and a 1-year high of $45.00. The firm has a market capitalization of $2.07 billion, a PE ratio of 113.50 and a beta of 1.48.

Alarm.com Holdings (NASDAQ:ALRM) last announced its quarterly earnings results on Tuesday, August 8th. The software maker reported $0.29 EPS for the quarter, beating the Zacks’ consensus estimate of $0.15 by $0.14. Alarm.com Holdings had a negative return on equity of 35.68% and a net margin of 6.50%. The company had revenue of $86.00 million during the quarter, compared to analysts’ expectations of $81.05 million. During the same period in the prior year, the company earned $0.15 EPS. Alarm.com Holdings’s revenue was up 33.5% compared to the same quarter last year. Equities research analysts anticipate that Alarm.com Holdings will post $0.97 earnings per share for the current fiscal year.

In other news, CTO Jean-Paul Martin sold 10,000 shares of the stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of $45.13, for a total value of $451,300.00. Following the completion of the transaction, the chief technology officer now directly owns 140,404 shares in the company, valued at approximately $6,336,432.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider David Hutz sold 3,500 shares of the stock in a transaction on Tuesday, June 20th. The shares were sold at an average price of $36.96, for a total value of $129,360.00. Following the completion of the transaction, the insider now owns 134,522 shares of the company’s stock, valued at $4,971,933.12. The disclosure for this sale can be found here. Insiders sold a total of 390,942 shares of company stock valued at $16,660,872 over the last quarter. 78.50% of the stock is owned by corporate insiders.

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Alarm.com Holdings Company Profile

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.

Insider Buying and Selling by Quarter for Alarm.com Holdings (NASDAQ:ALRM)

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