Arlo Technologies, Inc. $ARLO Shares Acquired by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC grew its position in Arlo Technologies, Inc. (NYSE:ARLO) by 116.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 121,250 shares of the company’s stock after acquiring an additional 65,346 shares during the quarter. Los Angeles Capital Management LLC owned about 0.12% of Arlo Technologies worth $2,056,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. First Horizon Advisors Inc. raised its stake in Arlo Technologies by 161.4% in the 2nd 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 last quarter. Strs Ohio purchased a new stake in shares of Arlo Technologies during the first quarter worth $66,000. Magnetar Financial LLC purchased a new stake in shares of Arlo Technologies during the first quarter worth $117,000. Fox Run Management L.L.C. acquired a new stake in shares of Arlo Technologies in the first quarter valued at about $119,000. Finally, CWM LLC lifted its stake in shares of 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 buying an additional 8,335 shares in the last quarter. 83.18% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on ARLO. BWS Financial reaffirmed a “buy” rating and set a $26.00 price objective on shares of Arlo Technologies in a research note on Tuesday. Wall Street Zen upgraded Arlo Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 11th. Weiss Ratings upgraded Arlo Technologies from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Friday. Zacks Research lowered Arlo Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 7th. Finally, Craig Hallum upped their target price on Arlo Technologies from $17.00 to $22.00 and gave the company a “buy” rating in a report on Friday, August 8th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $23.00.

Arlo Technologies Stock Performance

ARLO opened at $15.39 on Wednesday. The stock has a market capitalization of $1.63 billion, a PE ratio of 513.17 and a beta of 1.69. Arlo Technologies, Inc. has a one year low of $7.84 and a one year high of $19.94. The business’s 50 day moving average price is $17.68 and its 200 day moving average price is $16.28.

Arlo Technologies (NYSE:ARLO) last posted its earnings results on Thursday, November 6th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm earned $0.11 earnings per share. The firm’s quarterly revenue 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 research analysts forecast that Arlo Technologies, Inc. will post -0.29 earnings per share for the current fiscal year.

Insider Buying and Selling at Arlo Technologies

In other news, CFO Kurtis Joseph Binder sold 135,494 shares of the company’s stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $16.89, for a total value of $2,288,493.66. Following the transaction, the chief financial officer directly owned 467,681 shares in the company, valued at approximately $7,899,132.09. This represents a 22.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, General Counsel Brian Busse sold 9,171 shares of the stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $16.99, for a total transaction of $155,815.29. Following the transaction, the general counsel directly owned 669,376 shares of the company’s stock, valued at $11,372,698.24. The trade was a 1.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 391,848 shares of company stock valued at $6,707,126 over the last 90 days. 3.80% of the stock is owned by insiders.

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.