BB&T Capital Initiates Coverage on AlarmCom Hldg Inc to Buy

BB&T Capital Initiates Coverage on AlarmCom Hldg Inc(NASDAQ:ALRM). The shares have been rated Buy. The rating by BB&T Capital was issued on Jun 15, 2016.

In a different note, On Apr 1, 2016, Stifel Nicolaus said it Downgrades its rating on AlarmCom Hldg Inc. The shares have been rated ‘Neutral’ by the firm.

AlarmCom Hldg Inc (ALRM) shares turned negative on Tuesdays trading session with the shares closing down -1.69 points or -6.75% at a volume of 3,88,228. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $24.62. The peak price level was also seen at $24.62 while the days lowest was $23.14. Finally the shares closed at $23.35. The 52-week high of the shares is $25.33 while the 52-week low is $10.26. According to the latest information available, the market cap of the company is $1,064 M.

AlarmCom Hldg Inc(ALRM) last announced its earnings results on May 10, 2016 for Fiscal Year 2016 and Q1.Earnings per share were $0.12.

Several Insider Transactions has been reported to the SEC. On Jul 9, 2015, Ralph S Terkowitz (director 10% owner) sold 525,000 shares at $13.02 per share price. Holdings Inc. is a platform solution for the connected home. The Company through its cloud-based services makes connected home technology accessible to millions of home and business owners. The Company’s multi-tenant software-as-a-service (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 Company offers four primary solutions which include interactive security intelligent automation video monitoring and energy management. The Company offers a suite of enterprise-grade business management solutions to its service providers which include service provider portal installation and support business management and sales marketing and training. The Company is also engaged in the design and manufacturing of various types of hardware including cellular communication modules image sensor video cameras and smart thermostat.

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