Alarm.com (ALRM)

• Market cap: $3.11B
• 1 day: -2.18%
• 5 days: -5.93%
• 1 month: 4.57%
• 3 months: 12.51%
• 6 months: 3.35%
• Year to date: -0.73%
• 1 year: 3.91%
• 5 years: 48.15%
• 10 years: 272.93%
• 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: 2,055

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

0% less funds holding

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

3% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 38

2.63% less ownership

Funds ownership: 98.39% [Q2] → 95.77% (-2.63%) [Q3]

10% less repeat investments, than reductions

Existing positions increased: 103 | Existing positions reduced: 115

18% less capital invested

Capital invested by funds: $3.14B [Q2] → $2.57B (-$563M) [Q3]

80% less funds holding in top 10

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

Research analyst outlook

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

• Low target: $50 21% downside
• Avg. target: $64 2% upside
• High target: $73 16% upside

5 analyst ratings

• positive: 2 40%
• neutral: 2 40%
• negative: 1 20%

JP Morgan Ella Smith 25% 1-year accuracy 1 / 4 met price target	21% downside $50	Underweight Assumed	11 Nov 2024
Barclays Saket Kalia 63% 1-year accuracy 35 / 56 met price target	6% upside $67	Equal-Weight Maintained	8 Nov 2024
Goldman Sachs Adam Hotchkiss 83% 1-year accuracy 15 / 18 met price target	6% upside $67	Neutral Maintained	8 Nov 2024
Jefferies Samad Samana 79% 1-year accuracy 11 / 14 met price target	3% upside $65	Buy Initiated	5 Nov 2024
Roth MKM Darren Aftahi 66% 1-year accuracy 19 / 29 met price target	16% upside $73	Buy Maintained	9 Oct 2024