Media stories about AlarmCom (NASDAQ:ALRM) have been trending somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. AlarmCom earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned news stories about the software maker an impact score of 47.4151697939838 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
AlarmCom (ALRM) opened at $35.62 on Tuesday. AlarmCom has a fifty-two week low of $27.05 and a fifty-two week high of $49.49. The company has a market cap of $1,680.00 and a P/E ratio of 54.80. The company has a current ratio of 3.16, a quick ratio of 2.88 and a debt-to-equity ratio of -0.81.
Several research analysts have weighed in on ALRM shares. BidaskClub cut shares of AlarmCom from a “hold” rating to a “sell” rating in a report on Tuesday, January 9th. Maxim Group reissued a “buy” rating and issued a $57.00 price target on shares of AlarmCom in a report on Tuesday, November 21st. Stifel Nicolaus reissued a “hold” rating and issued a $38.00 price target (up from $34.00) on shares of AlarmCom in a report on Thursday, November 9th. Bank of America increased their price target on shares of AlarmCom from $46.00 to $55.00 and gave the company a “buy” rating in a report on Tuesday, October 24th. Finally, Northland Securities set a $51.00 target price on shares of AlarmCom and gave the stock a “buy” rating in a report on Thursday, November 16th. Four equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $46.80.
In related news, insider Stephen Trundle sold 60,000 shares of the stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $44.05, for a total transaction of $2,643,000.00. Following the sale, the insider now owns 222,191 shares in the company, valued at approximately $9,787,513.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Timothy P. Mcadam sold 20,407 shares of the stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of $36.78, for a total transaction of $750,569.46. The disclosure for this sale can be found here. Insiders have sold 248,406 shares of company stock worth $10,475,001 over the last ninety days. Insiders own 46.80% of the company’s stock.
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AlarmCom 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.
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