Alarm.com (ALRM)

• Market cap: $3.04B
• 1 day: -0.95%
• 5 days: -0.82%
• 1 month: -0.21%
• 3 months: 13.76%
• 6 months: -14.00%
• Year to date: 1.40%
• 1 year: -0.25%
• 5 years: 38.11%
• 10 years: 259.42%
• Sector: Information Technology
• Industry: Prepackaged Software

About: Alarm.com Holdings Inc has two reportable segments: Alarm.com & Other. The Alarm.com segment represents the cloud-based Software platforms for intelligently connected property & related solutions. The other segment is focused on researching, developing & offering residential & commercial automation solutions & energy management products & services in adjacent markets. The majority of revenue is from the Alarm.com segment. The platform allows home & business owners to secure their properties and automate & control an array of connected devices. SaaS & license fees from service providers, who resell these services & pay Alarm.com a monthly subscription, are the sources of revenue for the firm. The majority of revenue is generated in the United States & Canada.

Employees: 2,033

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

354% more call options, than puts

Call options by funds: $1.39M | Put options by funds: $306K

9% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 34

0% less funds holding

Funds holding: 296 [Q2] → 295 (-1) [Q3]

2.24% less ownership

Funds ownership: 98.69% [Q2] → 96.45% (-2.24%) [Q3]

10% less repeat investments, than reductions

Existing positions increased: 103 | Existing positions reduced: 115

18% less capital invested

Capital invested by funds: $3.15B [Q2] → $2.59B (-$554M) [Q3]

80% less funds holding in top 10

Funds holding in top 10: 5 [Q2] → 1 (-4) [Q3]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $50 18% downside
• Avg. target: $62 3% upside
• High target: $67 10% upside

4 analyst ratings

• positive: 1 25%
• neutral: 2 50%
• negative: 1 25%

JP Morgan Ella Smith 40% 1-year accuracy 2 / 5 met price target	18% downside $50	Underweight Assumed	11 Nov 2024
Barclays Saket Kalia 66% 1-year accuracy 37 / 56 met price target	10% upside $67	Equal-Weight Maintained	8 Nov 2024
Goldman Sachs Adam Hotchkiss 80% 1-year accuracy 12 / 15 met price target	10% upside $67	Neutral Maintained	8 Nov 2024
Jefferies Samad Samana 87% 1-year accuracy 13 / 15 met price target	7% upside $65	Buy Initiated	5 Nov 2024