Arlo Technologies, Inc. $ARLO Holdings Raised by Ieq Capital LLC

Ieq Capital LLC lifted its stake in shares of Arlo Technologies, Inc. (NYSE:ARLOFree Report) by 166.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,731 shares of the company’s stock after purchasing an additional 17,957 shares during the quarter. Ieq Capital LLC’s holdings in Arlo Technologies were worth $284,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of ARLO. GAMMA Investing LLC raised its stake 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 valued at $71,000 after purchasing an additional 2,095 shares in the last quarter. Fox Run Management L.L.C. bought a new stake in shares of Arlo Technologies during the first quarter valued at about $119,000. Wealth Enhancement Advisory Services LLC bought a new stake in Arlo Technologies in the first quarter worth about $123,000. CWM LLC raised its position in Arlo Technologies by 185.6% in 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 in the last quarter. Finally, Versor Investments LP bought a new stake in Arlo Technologies in the first quarter worth about $131,000. 83.18% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on ARLO shares. Wall Street Zen upgraded shares of Arlo Technologies from a “buy” rating to a “strong-buy” rating in a research report on Friday. BWS Financial reiterated a “buy” rating and issued a $26.00 price target (up from $24.00) on shares of Arlo Technologies in a research report on Monday, August 11th. Zacks Research upgraded shares of Arlo Technologies from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 25th. Craig Hallum boosted their price target on shares of Arlo Technologies from $17.00 to $22.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $22.00 price target (up from $15.00) on shares of Arlo Technologies in a research report on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $23.00.

Check Out Our Latest Analysis on ARLO

Arlo Technologies Price Performance

Shares of ARLO opened at $18.16 on Friday. The company has a market capitalization of $1.89 billion, a price-to-earnings ratio of -259.32 and a beta of 1.75. The business’s 50-day moving average is $16.81 and its 200-day moving average is $13.79. Arlo Technologies, Inc. has a fifty-two week low of $7.84 and a fifty-two week high of $19.25.

Arlo Technologies (NYSE:ARLOGet Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.02. Arlo Technologies had a negative return on equity of 6.69% and a negative net margin of 1.38%.The firm had revenue of $129.41 million for the quarter, compared to the consensus estimate of $123.33 million. During the same quarter in the prior year, the company posted $0.10 earnings per share. The firm’s revenue was up 1.6% on a year-over-year basis. Arlo Technologies has set its Q3 2025 guidance at 0.120-0.180 EPS. Equities research analysts expect that Arlo Technologies, Inc. will post -0.29 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Arlo Technologies news, CFO Kurtis Joseph Binder sold 113,912 shares of the company’s stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $18.56, for a total transaction of $2,114,206.72. Following the completion of the sale, the chief financial officer owned 809,615 shares of the company’s stock, valued at $15,026,454.40. This represents a 12.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Matthew Blake Mcrae sold 520,557 shares of the company’s stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $17.40, for a total value of $9,057,691.80. Following the sale, the chief executive officer directly owned 1,621,835 shares of the company’s stock, 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 sold 2,306,967 shares of company stock worth $39,664,516 in the last 90 days. 5.20% of the stock is currently owned by corporate insiders.

Arlo Technologies Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Arlo Technologies (NYSE:ARLO)

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