Aviso Financial Inc. Invests $806,000 in Alarm.com Holdings, Inc. (NASDAQ:ALRM)

Aviso Financial Inc. bought a new stake in shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 13,250 shares of the software maker’s stock, valued at approximately $806,000.

A number of other institutional investors also recently bought and sold shares of the stock. Disciplined Growth Investors Inc. MN increased its position in Alarm.com by 6.0% during the third quarter. Disciplined Growth Investors Inc. MN now owns 2,874,849 shares of the software maker’s stock valued at $157,168,000 after acquiring an additional 163,851 shares during the last quarter. FMR LLC raised its position in Alarm.com by 129.0% in the 3rd quarter. FMR LLC now owns 153,865 shares of the software maker’s stock worth $8,412,000 after purchasing an additional 86,683 shares during the period. Barclays PLC lifted its stake in Alarm.com by 323.2% in the third quarter. Barclays PLC now owns 91,402 shares of the software maker’s stock worth $4,997,000 after purchasing an additional 69,804 shares during the last quarter. DF Dent & Co. Inc. boosted its position in shares of Alarm.com by 23.3% during the third quarter. DF Dent & Co. Inc. now owns 359,399 shares of the software maker’s stock valued at $19,648,000 after buying an additional 67,824 shares during the period. Finally, Victory Capital Management Inc. grew its stake in shares of Alarm.com by 369.7% during the third quarter. Victory Capital Management Inc. now owns 69,545 shares of the software maker’s stock valued at $3,802,000 after buying an additional 54,738 shares during the last quarter. 91.74% of the stock is currently owned by institutional investors.

Alarm.com Trading Up 0.8 %

Shares of NASDAQ:ALRM opened at $58.49 on Friday. Alarm.com Holdings, Inc. has a 1 year low of $51.87 and a 1 year high of $74.97. The firm has a market capitalization of $2.90 billion, a P/E ratio of 25.54, a P/E/G ratio of 3.59 and a beta of 1.10. The company has a debt-to-equity ratio of 1.35, a current ratio of 7.85 and a quick ratio of 7.38. The business’s 50-day moving average is $60.72 and its 200 day moving average is $59.42.

Alarm.com (NASDAQ:ALRM) last announced its quarterly earnings results on Thursday, February 20th. The software maker reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.06). Alarm.com had a net margin of 13.21% and a return on equity of 13.55%. The company had revenue of $242.24 million during the quarter, compared to analyst estimates of $237.44 million. On average, research analysts predict 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 Alarm.com stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $58.45, for a total value of $200,834.20. Following the sale, the chief financial officer now owns 37,500 shares in the company, valued at $2,191,875. This trade represents a 8.39 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 5.60% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Alarm.com from a “hold” rating to a “buy” rating in a report on Wednesday, December 18th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat, Alarm.com presently has an average rating of “Hold” and a consensus price target of $64.40.

About Alarm.com

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.