Breaking: Is Selling AlarmCom Hldg Inc Here a Winning Strategy?

Breaking: Is Selling AlarmCom Hldg Inc Here a Winning Strategy?

The stock of AlarmCom Hldg Inc (NASDAQ:ALRM) is a huge mover today! About 1.39M shares traded hands or 679.52% up from the average. AlarmCom Hldg Inc (NASDAQ:ALRM) has risen 44.83% since April 13, 2016 and is uptrending. It has outperformed by 40.91% the S&P500.
The move comes after 8 months negative chart setup for the $1.38B company. It was reported on Nov, 15 by Barchart.com. We have $26.14 PT which if reached, will make NASDAQ:ALRM worth $124.20 million less.

AlarmCom Hldg Inc (NASDAQ:ALRM) Ratings Coverage

Out of 10 analysts covering Alarm.com Holdings (NASDAQ:ALRM), 7 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 70% are positive. Alarm.com Holdings has been the topic of 18 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Tuesday, August 16 by Goldman Sachs. The firm earned “Neutral” rating on Friday, April 1 by Stifel Nicolaus. Raymond James downgraded the stock to “Market Perform” rating in Tuesday, August 16 report. The company was maintained on Wednesday, August 17 by Imperial Capital. The rating was maintained by Imperial Capital with “Outperform” on Thursday, June 16. The stock of AlarmCom Hldg Inc (NASDAQ:ALRM) earned “Outperform” rating by Credit Suisse on Tuesday, July 21. Imperial Capital maintained the stock with “Outperform” rating in Monday, March 14 report. The firm has “Outperform” rating by William Blair given on Tuesday, July 21. Goldman Sachs initiated AlarmCom Hldg Inc (NASDAQ:ALRM) on Tuesday, July 21 with “Neutral” rating. First Analysis initiated AlarmCom Hldg Inc (NASDAQ:ALRM) rating on Friday, July 8. First Analysis has “Overweight” rating and $32 price target.

According to Zacks Investment Research, “Alarm.com Holdings, Inc. offers interactive security solutions for home and business owners. The Company offers security systems which include image sensor, crash and smash protection, web control, mobile access and video monitoring. Alarm.com Holdings, Inc. is based in VIENNA, United States.”

More notable recent AlarmCom Hldg Inc (NASDAQ:ALRM) news were published by: Streetinsider.com which released: “Alarm.com Holdings, Inc. (ALRM) Appoints Steve Valenzuela CFO” on November 14, 2016, also Fool.com with their article: “Why Alarm.com Holdings, Inc. Stock Jumped 12.8%” published on June 23, 2016, Marketwatch.com published: “Plus the latest data from Realtor.com on 21 home markets across the US” on May 30, 2015. More interesting news about AlarmCom Hldg Inc (NASDAQ:ALRM) were released by: Equitiesfocus.com and their article: “AlarmCom Hldg Inc (NASDAQ:ALRM) Reports Basic Consolidated EPS At $0.4881” published on November 13, 2016 as well as Fool.com‘s news article titled: “Why Alarm.com Holdings Inc. Stock Jumped 17% On Wednesday” with publication date: November 11, 2015.

ALRM Company Profile

Alarm.com Holdings, Inc., incorporated on January 27, 2009, is a platform solution for the connected home. The Company, through its cloud services, makes connected home technology accessible to millions of home and business owners. The Firm operates through two divisions: Alarm.com and Other. The Company’s Alarm.com segment represents its cloud platform for the connected home and related connected home solutions. The Company’s Alarm.com segment also includes the results of Horizon Analog, which is a research firm that focuses on collection and analysis of data relating energy usage and consumer behavior and energy disaggregation; Secure-i, which is a commercial video as a service provider, and SecurityTrax, which provides software-as-a-service (SaaS) customer relationship management software tailored for security system dealers. The Company’s Other segment is focused on researching and developing home and commercial automation and energy management services and products in adjacent markets. The Company’s multi-tenant SaaS platform enables home and business owners to secure their properties and automate and control an array of connected devices through a single, intuitive user interface. The Firm offers over four primary solutions, which are used individually or combined and integrated within a single user interface accessible through the Web and mobile applications, including interactive security, intelligent automation, video monitoring and energy management.

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