Global X Management Co. LLC increased its holdings in shares of AlarmCom Hldg Inc (NASDAQ:ALRM) by 58.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 32,271 shares of the software maker’s stock after buying an additional 11,885 shares during the quarter. Global X Management Co. LLC’s holdings in AlarmCom were worth $1,218,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. SG Americas Securities LLC acquired a new stake in AlarmCom during the 3rd quarter worth $109,000. Macquarie Group Ltd. acquired a new stake in AlarmCom during the 3rd quarter worth $147,000. Jasper Ridge Partners L.P. acquired a new stake in shares of AlarmCom in the 3rd quarter valued at about $213,000. Janney Montgomery Scott LLC acquired a new stake in shares of AlarmCom in the 3rd quarter valued at about $230,000. Finally, Teacher Retirement System of Texas acquired a new stake in shares of AlarmCom in the 4th quarter valued at about $216,000. 87.90% of the stock is currently owned by institutional investors and hedge funds.
Shares of AlarmCom Hldg Inc (ALRM) opened at $38.40 on Monday. The company has a quick ratio of 2.88, a current ratio of 3.16 and a debt-to-equity ratio of -0.81. The stock has a market capitalization of $1,810.19, a PE ratio of 59.08, a P/E/G ratio of 3.14 and a beta of 1.13. AlarmCom Hldg Inc has a 12-month low of $27.05 and a 12-month high of $49.49.
In related news, insider Vii Lp Tcv sold 121,885 shares of AlarmCom stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $42.40, for a total value of $5,167,924.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Hugh Panero sold 16,114 shares of AlarmCom stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $37.26, for a total value of $600,407.64. Following the completion of the sale, the director now directly owns 58,615 shares in the company, valued at approximately $2,183,994.90. The disclosure for this sale can be found here. In the last ninety days, insiders sold 158,406 shares of company stock worth $6,518,901. 46.80% of the stock is owned by company insiders.
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.
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