Is ALARM.COM Holdings Inc (NASDAQ:ALRM) a Buy? The Stock Reported more Sellers

April 17, 2018 - By Vivian Park

Alarm.com Holdings, Inc. (NASDAQ:ALRM) Logo

The stock of ALARM.COM Holdings Inc (NASDAQ:ALRM) registered an increase of 16.94% in short interest. ALRM’s total short interest was 4.46 million shares in April as published by FINRA. Its up 16.94% from 3.81 million shares, reported previously. With 439,000 shares average volume, it will take short sellers 10 days to cover their ALRM’s short positions. The short interest to ALARM.COM Holdings Inc’s float is 14.81%.

The stock increased 3.83% or $1.54 during the last trading session, reaching $41.79. About 505,890 shares traded or 6.59% up from the average. Alarm.com Holdings, Inc. (NASDAQ:ALRM) has risen 24.79% since April 17, 2017 and is uptrending. It has outperformed by 13.24% the S&P500.

Alarm.com Holdings, Inc. provides cloud software platform solutions for the smart homes and businesses in the United States and internationally. The company has market cap of $1.97 billion. The firm provides interactive security solutions to control and monitor their security systems, as well as connected security devices, including door locks, garage doors, and video cameras; and high definition video monitoring solutions, such as live streaming, smart clip capture, secure cloud storage, video alerts, continuous HD recording, and commercial video surveillance solutions. It has a 70.83 P/E ratio. It also offers intelligent automation and energy management solutions, including smart thermostat schedules, responsive savings, precision comfort, geo-services, demand response programs, and energy usage and environmental monitoring solutions.

Alarm.com Holdings, Inc. (NASDAQ:ALRM) Ratings Coverage

Among 9 analysts covering Alarmcom (NASDAQ:ALRM), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. Alarmcom had 12 analyst reports since October 24, 2017 according to SRatingsIntel. The rating was maintained by Northland Capital with “Buy” on Thursday, November 16. The rating was upgraded by Jefferies on Thursday, January 18 to “Buy”. Maxim Group maintained the shares of ALRM in report on Thursday, March 22 with “Buy” rating. The rating was maintained by Raymond James with “Outperform” on Monday, March 19. The company was upgraded on Friday, February 16 by Imperial Capital. The stock of Alarm.com Holdings, Inc. (NASDAQ:ALRM) earned “Outperform” rating by Credit Suisse on Thursday, November 9. The stock of Alarm.com Holdings, Inc. (NASDAQ:ALRM) has “Buy” rating given on Thursday, November 9 by Roth Capital. Stifel Nicolaus maintained the stock with “Hold” rating in Thursday, November 9 report. The firm has “Buy” rating by Bank of America given on Tuesday, October 24. The firm earned “Buy” rating on Wednesday, February 28 by Roth Capital.

Alarm.com Holdings, Inc. (NASDAQ:ALRM) Ratings Chart

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