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

News coverage about 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. 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 Holdings in a report on Friday, September 8th. Zacks Investment Research raised 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 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 Holdings in a report on Thursday, August 10th. Finally, Northland Securities set a $45.00 price target on 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 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. 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. 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. 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. Holdings’s revenue was up 33.5% compared to the same quarter last year. Equities research analysts anticipate that 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.

COPYRIGHT VIOLATION WARNING: This piece was originally posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this piece on another website, it was illegally copied and reposted in violation of US & international copyright laws. The legal version of this piece can be read at Holdings Company Profile 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: and Other.

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

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