Key Points
- CFO Kurtis Joseph Binder sold 9,665 shares of Arlo (NYSE:ARLO) on March 4 at an average price of $15.11 for about $146,038, trimming his position to 460,970 shares (a 2.05% decrease) worth roughly $6.97M.
- Binder has made additional recent insider sales — 12,539 shares on March 3 (~$187,207) and 55,043 shares on Jan 9 (~$753,539) — signaling continued selling by a senior executive.
- Arlo beat Q4 estimates with $0.22 EPS and 16.2% revenue growth year-over-year, and its Board authorized a $50 million share buyback (up to ~3.1% of shares) while setting Q1 2026 guidance of $0.170–0.230 EPS.
Arlo Technologies, Inc. (NYSE:ARLO - Get Free Report) CFO Kurtis Joseph Binder sold 9,665 shares of the business's stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $15.11, for a total value of $146,038.15. Following the completion of the transaction, the chief financial officer owned 460,970 shares in the company, valued at $6,965,256.70. The trade was a 2.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Kurtis Joseph Binder also recently made the following trade(s):
- On Tuesday, March 3rd, Kurtis Joseph Binder sold 12,539 shares of Arlo Technologies stock. The stock was sold at an average price of $14.93, for a total value of $187,207.27.
- On Friday, January 9th, Kurtis Joseph Binder sold 55,043 shares of Arlo Technologies stock. The shares were sold at an average price of $13.69, for a total value of $753,538.67.
Arlo Technologies Price Performance
Shares of Arlo Technologies stock traded down $0.14 during trading hours on Friday, hitting $14.09. 330,570 shares of the company's stock traded hands, compared to its average volume of 1,498,726. The company has a fifty day simple moving average of $13.14 and a 200-day simple moving average of $15.26. The stock has a market capitalization of $1.51 billion, a price-to-earnings ratio of 108.39 and a beta of 1.65. Arlo Technologies, Inc. has a 12-month low of $7.84 and a 12-month high of $19.94.
Arlo Technologies (NYSE:ARLO - Get Free Report) last posted its quarterly earnings data on Thursday, February 26th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.16 by $0.06. The business had revenue of $141.30 million during the quarter, compared to the consensus estimate of $135.57 million. Arlo Technologies had a net margin of 2.82% and a return on equity of 10.76%. The firm's quarterly revenue was up 16.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.10 earnings per share. Arlo Technologies has set its Q1 2026 guidance at 0.170-0.230 EPS. On average, analysts forecast that Arlo Technologies, Inc. will post -0.29 EPS for the current fiscal year.
Arlo Technologies declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, March 4th that permits the company to buyback $50.00 million in shares. This buyback authorization permits the company to purchase up to 3.1% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's management believes its shares are undervalued.
Institutional Investors Weigh In On Arlo Technologies
Several hedge funds have recently bought and sold shares of ARLO. Vanguard Group Inc. grew its stake in Arlo Technologies by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 10,691,336 shares of the company's stock worth $149,572,000 after buying an additional 32,770 shares in the last quarter. Brandes Investment Partners LP grew its position in Arlo Technologies by 27.6% in the fourth quarter. Brandes Investment Partners LP now owns 8,198,707 shares of the company's stock worth $114,700,000 after acquiring an additional 1,772,063 shares in the last quarter. Wasatch Advisors LP grew its position in Arlo Technologies by 17.7% in the third quarter. Wasatch Advisors LP now owns 5,505,467 shares of the company's stock worth $93,318,000 after acquiring an additional 826,587 shares in the last quarter. State Street Corp increased its stake in Arlo Technologies by 5.3% in the second quarter. State Street Corp now owns 4,272,925 shares of the company's stock valued at $72,469,000 after acquiring an additional 215,867 shares during the last quarter. Finally, Rice Hall James & Associates LLC lifted its stake in Arlo Technologies by 2.9% during the fourth quarter. Rice Hall James & Associates LLC now owns 3,576,612 shares of the company's stock worth $50,037,000 after purchasing an additional 100,831 shares during the last quarter. 83.18% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several brokerages recently weighed in on ARLO. Weiss Ratings lowered Arlo Technologies from a "hold (c-)" rating to a "sell (d+)" rating in a report on Friday, February 20th. BWS Financial restated a "buy" rating and set a $26.00 price target on shares of Arlo Technologies in a research note on Tuesday, November 11th. Finally, Zacks Research lowered shares of Arlo Technologies from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 6th. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $23.33.
Get Our Latest Stock Report on ARLO
Arlo Technologies Company Profile
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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.
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