Wed Sep 25 09:59:34 UTC 2024: ## Institutional Investors Adjust Stakes in Alarm.com Holdings, Inc.

**September 25, 2024** – Alarm.com Holdings, Inc. (NASDAQ: ALRM) saw significant activity from institutional investors in the second quarter. Notably, Blair William & Co. IL trimmed its stake in the software maker by 7.1%, selling 1,483 shares and holding 19,359 shares valued at $1,230,000.

Meanwhile, other investors increased their positions. Vanguard Personalized Indexing Management LLC acquired a new stake worth $220,000 in the fourth quarter. Norges Bank made a significant purchase, acquiring a new stake worth approximately $33,277,000 during the same period. Trexquant Investment LP lifted its holdings by 13.9%, now owning 20,604 shares valued at $1,331,000. Olympiad Research LP also grew its stake by 14.2%, owning 6,705 shares valued at $433,000. Armistice Capital LLC acquired a new position in Alarm.com in the fourth quarter worth approximately $346,000.

Overall, institutional investors and hedge funds now own 91.74% of Alarm.com stock.

**Insider Trading Activity:**

Several insider transactions also took place recently. Daniel Ramos, an insider, sold 9,476 shares on August 23rd at an average price of $61.81, for a total value of $585,711.56. He now owns 41,100 shares. CFO Steve Valenzuela sold 7,400 shares on August 22nd at an average price of $60.27, for a total transaction of $445,998.00. He now owns 37,500 shares.

**Company Performance:**

Alarm.com reported $0.58 EPS for the quarter ending August 8th, exceeding the consensus estimate of $0.49 by $0.09. Revenue reached $233.80 million, surpassing the consensus estimate of $227.35 million. Year-over-year revenue growth stood at 4.4%.

**Stock Performance:**

ALRM opened at $55.20 on Wednesday. The company’s 50-day moving average is $61.08, and its 200-day moving average is $65.00. The company has a market cap of $2.77 billion.

**For further details and analysis, visit HoldingsChannel.com.**

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