Key Points
- Arlo Technologies CFO Kurtis Joseph Binder sold 65,000 shares on May 8 at an average price of $15.70, generating about $1.02 million in proceeds. After the sale, he still held 499,885 shares, and the trade was made under a pre-arranged Rule 10b5-1 plan.
- Arlo reported strong quarterly results on May 7, posting $0.28 EPS versus the $0.19 consensus and revenue of $150.38 million versus expectations of $139.73 million. Revenue rose 26.3% year over year, and the company issued Q2 2026 guidance of $0.17 to $0.23 EPS.
- Analysts remain generally positive on ARLO, with Raymond James reiterating an outperform rating and a $19 target. Overall, the stock carries a consensus “Moderate Buy” rating with an average price target of $22.33.
Arlo Technologies, Inc. (NYSE:ARLO - Get Free Report) CFO Kurtis Joseph Binder sold 65,000 shares of Arlo Technologies stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $15.70, for a total value of $1,020,500.00. Following the transaction, the chief financial officer directly owned 499,885 shares in the company, valued at approximately $7,848,194.50. This trade represents a 11.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Kurtis Joseph Binder also recently made the following trade(s):
- On Friday, April 17th, Kurtis Joseph Binder sold 25,000 shares of Arlo Technologies stock. The stock was sold at an average price of $15.19, for a total value of $379,750.00.
- On Monday, April 6th, Kurtis Joseph Binder sold 25,000 shares of Arlo Technologies stock. The stock was sold at an average price of $13.99, for a total value of $349,750.00.
- On Thursday, March 12th, Kurtis Joseph Binder sold 179,419 shares of Arlo Technologies stock. The stock was sold at an average price of $13.78, for a total value of $2,472,393.82.
- On Wednesday, March 4th, Kurtis Joseph Binder sold 9,665 shares of Arlo Technologies stock. The stock was sold at an average price of $15.11, for a total value of $146,038.15.
- 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.
Arlo Technologies Stock Down 10.7%
ARLO opened at $13.62 on Tuesday. The business has a 50 day moving average price of $14.29 and a two-hundred day moving average price of $14.19. The company has a market cap of $1.48 billion, a PE ratio of 50.43 and a beta of 1.60. Arlo Technologies, Inc. has a 52 week low of $11.05 and a 52 week high of $19.94.
Arlo Technologies (NYSE:ARLO - Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.19 by $0.09. The firm had revenue of $150.38 million during the quarter, compared to the consensus estimate of $139.73 million. Arlo Technologies had a return on equity of 18.66% and a net margin of 5.47%.The firm's revenue was up 26.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.15 EPS. Arlo Technologies has set its Q2 2026 guidance at 0.17-0.230 EPS. As a group, sell-side analysts expect that Arlo Technologies, Inc. will post 0.16 EPS for the current fiscal year.
Arlo Technologies announced that its board has approved a stock buyback plan on Wednesday, March 4th that authorizes the company to buyback $50.00 million in shares. This buyback authorization authorizes the company to purchase up to 3.1% of its shares through open market purchases. Shares buyback plans are often an indication that the company's leadership believes its shares are undervalued.
Analysts Set New Price Targets
Several analysts have commented on ARLO shares. Raymond James Financial reaffirmed an "outperform" rating and set a $19.00 price objective on shares of Arlo Technologies in a research note on Friday. Weiss Ratings raised Arlo Technologies from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Friday, March 6th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, Arlo Technologies has a consensus rating of "Moderate Buy" and an average target price of $22.33.
Check Out Our Latest Analysis on ARLO
Hedge Funds Weigh In On Arlo Technologies
A number of large investors have recently modified their holdings of the business. Arizona State Retirement System raised its stake in shares of Arlo Technologies by 2.3% during the 3rd quarter. Arizona State Retirement System now owns 30,597 shares of the company's stock worth $519,000 after buying 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 worth $28,000 after buying an additional 747 shares in the last quarter. Quarry LP raised its stake in shares of 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 buying an additional 783 shares in the last quarter. Oregon Public Employees Retirement Fund raised its stake in shares of Arlo Technologies by 3.4% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 24,268 shares of the company's stock worth $340,000 after buying an additional 800 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its stake in shares of Arlo Technologies by 12.5% during the 4th quarter. Farther Finance Advisors LLC now owns 7,631 shares of the company's stock worth $107,000 after buying an additional 849 shares in the last quarter. 83.18% of the stock is owned by hedge funds and other institutional investors.
Arlo Technologies Company Profile
(
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.
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