Key Points
- CEO sold 35,482 shares — Arlo CEO Matthew Blake Mcrae sold 35,482 shares on Jan. 30 at an average price of $12.81 for $454,524, cutting his stake by 3.48% to 982,681 shares after larger sales on Jan. 9 and Dec. 1.
- ARLO trades around $12.7, below its 50‑day ($13.81) and 200‑day ($15.84) moving averages, and while institutional ownership is high (83.18%), analysts are mixed with a consensus price target of $23 and an average rating of "Moderate Buy."
Arlo Technologies, Inc. (NYSE:ARLO - Get Free Report) General Counsel Brian Busse sold 8,245 shares of Arlo Technologies stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $12.81, for a total value of $105,618.45. Following the transaction, the general counsel owned 542,769 shares of the company's stock, valued at $6,952,870.89. This trade represents a 1.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Brian Busse also recently made the following trade(s):
- On Friday, January 9th, Brian Busse sold 18,841 shares of Arlo Technologies stock. The shares were sold at an average price of $13.69, for a total value of $257,933.29.
- On Friday, November 14th, Brian Busse sold 149,521 shares of Arlo Technologies stock. The shares were sold at an average price of $14.37, for a total value of $2,148,616.77.
Arlo Technologies Trading Down 0.7%
Shares of NYSE:ARLO opened at $12.72 on Wednesday. Arlo Technologies, Inc. has a 1-year low of $7.84 and a 1-year high of $19.94. The stock has a market cap of $1.35 billion, a PE ratio of 423.97 and a beta of 1.66. The stock's fifty day simple moving average is $13.81 and its two-hundred day simple moving average is $15.84.
Arlo Technologies (NYSE:ARLO - Get Free Report) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.15 by $0.01. Arlo Technologies had a net margin of 0.84% and a return on equity of 2.00%. The company had revenue of $139.53 million for the quarter, compared to analyst estimates of $138.69 million. During the same period last year, the firm earned $0.11 earnings per share. The firm's revenue was up 1.3% on a year-over-year basis. Arlo Technologies has set its Q4 2025 guidance at 0.130-0.190 EPS. On average, sell-side analysts forecast that Arlo Technologies, Inc. will post -0.29 earnings per share for the current fiscal year.
Institutional Trading of Arlo Technologies
A number of institutional investors have recently modified their holdings of the business. Amalgamated Bank raised its holdings in Arlo Technologies by 2.4% during the 2nd quarter. Amalgamated Bank now owns 29,265 shares of the company's stock valued at $496,000 after acquiring an additional 692 shares during the period. Arizona State Retirement System grew its position in shares of Arlo Technologies by 2.3% in the third quarter. Arizona State Retirement System now owns 30,597 shares of the company's stock valued at $519,000 after purchasing an additional 702 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in shares of Arlo Technologies by 86.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,616 shares of the company's stock valued at $28,000 after purchasing an additional 747 shares during the period. Quarry LP lifted its holdings in Arlo Technologies by 42.0% during the 3rd quarter. Quarry LP now owns 2,649 shares of the company's stock worth $45,000 after purchasing an additional 783 shares in the last quarter. Finally, Bank of Montreal Can boosted its stake in Arlo Technologies by 5.4% in the 2nd quarter. Bank of Montreal Can now owns 15,694 shares of the company's stock worth $266,000 after purchasing an additional 810 shares during the period. 83.18% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
ARLO has been the topic of several research analyst reports. Wall Street Zen raised Arlo Technologies from a "buy" rating to a "strong-buy" rating in a research report on Saturday, October 11th. BWS Financial reissued a "buy" rating and issued a $26.00 price target on shares of Arlo Technologies in a report on Tuesday, November 11th. Zacks Research lowered shares of Arlo Technologies from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 6th. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Arlo Technologies in a research report on Monday, December 29th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $23.00.
View Our Latest Stock Report on Arlo Technologies
About Arlo Technologies
(
Get Free Report)
Arlo Technologies, Inc (NYSE: ARLO) is a provider of smart home security products and services designed for residential and small business customers. The company offers a portfolio of wireless and Wi-Fi-enabled security cameras, video doorbells, smart lighting solutions, and associated accessories. Arlo integrates advanced video analytics, motion detection, cloud storage, and two-way audio capabilities to deliver end-to-end security and monitoring solutions accessible through mobile applications and web interfaces.
Founded as a division of Netgear, Inc in 2014 and spun off as an independent public company in 2018, Arlo Technologies has established a presence in North America, Europe, Australia and parts of Asia.
Further Reading
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