Arlo Technologies (NYSE:ARLO) General Counsel Brian Busse Sells 8,245 Shares

Arlo Technologies, Inc. (NYSE:ARLO) General Counsel Brian Busse sold 8,245 shares of the business’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $12.81, for a total transaction of $105,618.45. Following the transaction, the general counsel owned 542,769 shares in the company, valued at $6,952,870.89. This represents a 1.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through 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 stock was sold at an average price of $13.69, for a total transaction 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 ARLO stock traded down $0.10 during midday trading on Tuesday, reaching $12.72. 3,491,381 shares of the stock were exchanged, compared to its average volume of 1,077,066. Arlo Technologies, Inc. has a 1 year low of $7.84 and a 1 year high of $19.94. The company’s 50 day moving average is $13.81 and its two-hundred day moving average is $15.84. The firm has a market cap of $1.35 billion, a PE ratio of 423.97 and a beta of 1.66.

Arlo Technologies (NYSE:ARLO) last released its earnings results on Thursday, November 6th. The company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.01. Arlo Technologies had a return on equity of 2.00% and a net margin of 0.84%.The company had revenue of $139.53 million during the quarter, compared to analysts’ expectations of $138.69 million. During the same quarter last year, the business posted $0.11 EPS. The firm’s revenue for the quarter was up 1.3% compared to the same quarter last year. Arlo Technologies has set its Q4 2025 guidance at 0.130-0.190 EPS. As a group, equities analysts expect that Arlo Technologies, Inc. will post -0.29 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Amalgamated Bank increased its position in shares of Arlo Technologies by 2.4% during the second quarter. Amalgamated Bank now owns 29,265 shares of the company’s stock valued at $496,000 after acquiring an additional 692 shares in the last quarter. Arizona State Retirement System lifted its stake in Arlo Technologies by 2.3% during the 3rd quarter. Arizona State Retirement System now owns 30,597 shares of the company’s stock valued at $519,000 after acquiring an additional 702 shares during the period. Smartleaf Asset Management LLC boosted its holdings 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 acquiring an additional 747 shares during the last quarter. Quarry LP grew its stake in shares of Arlo Technologies by 42.0% in the third quarter. Quarry LP now owns 2,649 shares of the company’s stock worth $45,000 after acquiring an additional 783 shares during the period. Finally, Bank of Montreal Can grew its stake in shares of Arlo Technologies by 5.4% in the second quarter. Bank of Montreal Can now owns 15,694 shares of the company’s stock worth $266,000 after acquiring an additional 810 shares during the period. 83.18% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on ARLO. BWS Financial reiterated a “buy” rating and issued a $26.00 price target on shares of Arlo Technologies in a research note on Tuesday, November 11th. Weiss Ratings restated a “hold (c-)” rating on shares of Arlo Technologies in a report on Monday, December 29th. Wall Street Zen upgraded shares of Arlo Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 11th. Finally, Zacks Research cut Arlo Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Arlo Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $23.00.

Arlo Technologies Company Profile

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.