Los Angeles Capital Management LLC Increases Stock Holdings in Arlo Technologies, Inc. $ARLO

Los Angeles Capital Management LLC grew its holdings in shares of Arlo Technologies, Inc. (NYSE:ARLO) by 116.9% during the second quarter, Holdings Channel reports. The firm owned 121,250 shares of the company’s stock after purchasing an additional 65,346 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Arlo Technologies were worth $2,056,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. First Horizon Advisors Inc. boosted its stake in shares of Arlo Technologies by 161.4% in the second quarter. First Horizon Advisors Inc. now owns 3,220 shares of the company’s stock valued at $55,000 after purchasing an additional 1,988 shares during the period. Strs Ohio purchased a new position in Arlo Technologies in the 1st quarter valued at approximately $66,000. Magnetar Financial LLC purchased a new position in Arlo Technologies in the 1st quarter valued at approximately $117,000. Fox Run Management L.L.C. acquired a new position in shares of Arlo Technologies in the first quarter worth $119,000. Finally, CWM LLC increased its position in shares of Arlo Technologies by 185.6% during the first quarter. CWM LLC now owns 12,826 shares of the company’s stock worth $127,000 after acquiring an additional 8,335 shares during the period. Institutional investors and hedge funds own 83.18% of the company’s stock.

Arlo Technologies Price Performance

Shares of NYSE ARLO opened at $15.39 on Wednesday. The business has a 50-day moving average of $17.68 and a two-hundred day moving average of $16.28. The company has a market capitalization of $1.63 billion, a price-to-earnings ratio of 513.17 and a beta of 1.69. Arlo Technologies, Inc. has a 1 year low of $7.84 and a 1 year high of $19.94.

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

Insiders Place Their Bets

In related news, CEO Matthew Blake Mcrae sold 18,645 shares of Arlo Technologies stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $17.86, for a total transaction of $332,999.70. Following the sale, the chief executive officer directly owned 1,762,121 shares in the company, valued at $31,471,481.06. This trade represents a 1.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Kurtis Joseph Binder sold 51,668 shares of the business’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $17.82, for a total transaction of $920,723.76. Following the completion of the sale, the chief financial officer directly owned 416,013 shares of the company’s stock, valued at approximately $7,413,351.66. This trade represents a 11.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 391,848 shares of company stock valued at $6,707,126. 3.80% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Weiss Ratings upgraded Arlo Technologies from a “sell (d-)” rating to a “hold (c-)” rating in a report on Friday. Wall Street Zen raised Arlo Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 11th. Raymond James Financial reiterated an “outperform” rating and issued a $22.00 price objective (up previously from $15.00) on shares of Arlo Technologies in a research note on Friday, August 8th. 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 research note on Friday, August 8th. Finally, BWS Financial reaffirmed a “buy” rating and issued a $26.00 target price on shares of Arlo Technologies in a report on Tuesday. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Arlo Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $23.00.

Arlo Technologies Profile

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.