Mutual of America Capital Management LLC Raises Stock Position in Arlo Technologies, Inc. $ARLO

Mutual of America Capital Management LLC increased its stake in Arlo Technologies, Inc. (NYSE:ARLO) by 3.1% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 737,616 shares of the company’s stock after acquiring an additional 22,515 shares during the quarter. Mutual of America Capital Management LLC owned approximately 0.71% of Arlo Technologies worth $12,510,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Rhumbline Advisers increased its holdings in Arlo Technologies by 0.3% in the 1st quarter. Rhumbline Advisers now owns 270,199 shares of the company’s stock worth $2,667,000 after acquiring an additional 861 shares in the last quarter. Yousif Capital Management LLC increased its holdings in Arlo Technologies by 2.5% in the 2nd quarter. Yousif Capital Management LLC now owns 38,479 shares of the company’s stock worth $653,000 after acquiring an additional 954 shares in the last quarter. Maryland State Retirement & Pension System grew its holdings in shares of Arlo Technologies by 3.8% during the second quarter. Maryland State Retirement & Pension System now owns 30,388 shares of the company’s stock worth $515,000 after buying an additional 1,121 shares in the last quarter. OneDigital Investment Advisors LLC grew its holdings in shares of Arlo Technologies by 3.3% during the first quarter. OneDigital Investment Advisors LLC now owns 36,262 shares of the company’s stock worth $358,000 after buying an additional 1,154 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Arlo Technologies by 40.9% during the first quarter. GAMMA Investing LLC now owns 7,212 shares of the company’s stock worth $71,000 after buying an additional 2,095 shares in the last quarter. Hedge funds and other institutional investors own 83.18% of the company’s stock.

Insider Buying and Selling at Arlo Technologies

In other Arlo Technologies news, General Counsel Brian Busse sold 9,171 shares of the company’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $16.99, for a total value of $155,815.29. Following the transaction, the general counsel owned 669,376 shares of the company’s stock, valued at $11,372,698.24. This represents a 1.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Matthew Blake Mcrae sold 520,557 shares of the company’s stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $17.40, for a total transaction of $9,057,691.80. Following the completion of the transaction, the chief executive officer directly owned 1,621,835 shares in the company, valued at $28,219,929. The trade was a 24.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,364,677 shares of company stock valued at $23,729,960 over the last 90 days. 3.80% of the stock is owned by insiders.

Arlo Technologies Trading Down 0.7%

Shares of ARLO stock opened at $17.56 on Monday. The company’s 50-day moving average price is $17.42 and its 200-day moving average price is $15.17. The stock has a market cap of $1.83 billion, a price-to-earnings ratio of -250.75 and a beta of 1.72. Arlo Technologies, Inc. has a twelve month low of $7.84 and a twelve month high of $19.25.

Arlo Technologies (NYSE:ARLO) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.02. The firm had revenue of $129.41 million for the quarter, compared to analysts’ expectations of $123.33 million. Arlo Technologies had a negative net margin of 1.38% and a negative return on equity of 6.69%. The company’s revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.10 EPS. Arlo Technologies has set its Q3 2025 guidance at 0.120-0.180 EPS. As a group, equities research analysts predict that Arlo Technologies, Inc. will post -0.29 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on ARLO. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Arlo Technologies in a report on Wednesday, October 8th. Zacks Research lowered shares of Arlo Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 7th. BWS Financial reaffirmed a “buy” rating and set a $26.00 target price (up previously from $24.00) on shares of Arlo Technologies in a report on Monday, August 11th. Wall Street Zen raised shares of Arlo Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 11th. Finally, Craig Hallum upped their target price on shares of Arlo Technologies from $17.00 to $22.00 and gave the stock a “buy” rating in a report on Friday, August 8th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Arlo Technologies has an average rating of “Hold” and an average price target of $23.00.

About Arlo Technologies

Arlo Technologies, Inc, together with its subsidiaries, provides a cloud-based platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. The company offers Arlo Essential Cameras and Doorbells (2nd Generation) delivers smart home protection, including automated privacy shield, 180-degree field of view, and 2K video resolution; Arlo Home Security System, an all-in-one multi-sensor that provides access to security experts for monitoring and responding to emergency situations; Arlo Pro 5S, a wireless 2K video resolution security camera; Arlo Go 2, a camera for monitoring remote areas, large properties, construction sites, vacation homes, boat or RV slips, and hard-to-access areas; Arlo Ultra 2 provides 4K video with HDR, an ultra-wide, 180-degree field of view, auto zoom and tracking on moving objects, and color night vision; and Arlo Floodlight Camera, a wire-free floodlight camera.