Y Intercept Hong Kong Ltd Makes New $1.26 Million Investment in Arlo Technologies, Inc. $ARLO

Y Intercept Hong Kong Ltd acquired a new position in Arlo Technologies, Inc. (NYSE:ARLO) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 74,517 shares of the company’s stock, valued at approximately $1,264,000.

Other institutional investors have also added to or reduced their stakes in the company. Strs Ohio bought a new position in Arlo Technologies in the first quarter worth $66,000. GAMMA Investing LLC raised its holdings in Arlo Technologies by 40.9% in the first quarter. GAMMA Investing LLC now owns 7,212 shares of the company’s stock worth $71,000 after purchasing an additional 2,095 shares in the last quarter. Magnetar Financial LLC bought a new position in Arlo Technologies in the first quarter worth $117,000. Fox Run Management L.L.C. bought a new position in Arlo Technologies in the first quarter worth $119,000. Finally, Wealth Enhancement Advisory Services LLC bought a new position in Arlo Technologies in the first quarter worth $123,000. Institutional investors own 83.18% of the company’s stock.

Arlo Technologies Price Performance

Shares of NYSE:ARLO opened at $19.32 on Monday. Arlo Technologies, Inc. has a 1-year low of $7.84 and a 1-year high of $19.94. The business has a fifty day moving average price of $17.78 and a 200-day moving average price of $15.91. The company has a market capitalization of $2.02 billion, a PE ratio of -275.90 and a beta of 1.69.

Arlo Technologies (NYSE:ARLO) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.17 EPS for the quarter, beating the consensus estimate 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 company had revenue of $129.41 million for the quarter, compared to analysts’ expectations of $123.33 million. During the same period last year, the firm posted $0.10 earnings per share. Arlo Technologies’s revenue was up 1.6% compared to the same quarter last year. Arlo Technologies has set its Q3 2025 guidance at 0.120-0.180 EPS. On average, sell-side analysts anticipate that Arlo Technologies, Inc. will post -0.29 earnings per share for the current fiscal year.

Insider Activity at Arlo Technologies

In related news, CFO Kurtis Joseph Binder sold 51,668 shares of the stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $17.82, for a total transaction of $920,723.76. Following the sale, the chief financial officer directly owned 416,013 shares of the company’s stock, valued at $7,413,351.66. This trade represents a 11.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, General Counsel Brian Busse sold 9,171 shares of the stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $16.99, for a total value of $155,815.29. Following the sale, the general counsel directly owned 669,376 shares in the company, valued at $11,372,698.24. This trade represents a 1.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,339,297 shares of company stock valued at $23,309,667 over the last ninety days. Insiders own 3.80% of the company’s stock.

Wall Street Analyst Weigh In

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