Arlo Technologies (NYSE:ARLO) Shares Down 4.8% – What’s Next?

Arlo Technologies, Inc. (NYSE:ARLO) shares were down 4.8% on Friday . The company traded as low as $14.42 and last traded at $14.35. Approximately 417,221 shares were traded during mid-day trading, a decline of 63% from the average daily volume of 1,135,397 shares. The stock had previously closed at $15.07.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ARLO. BWS Financial reaffirmed a “buy” rating and issued a $26.00 target price on shares of Arlo Technologies in a research report on Tuesday. Zacks Research lowered Arlo Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 7th. Raymond James Financial reiterated an “outperform” rating and set a $22.00 price target (up from $15.00) on shares of Arlo Technologies in a report on Friday, August 8th. 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, Craig Hallum upped their price objective on shares of Arlo Technologies from $17.00 to $22.00 and gave the stock a “buy” rating in a report on Friday, August 8th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $23.00.

Arlo Technologies Price Performance

The business has a 50 day moving average of $17.56 and a 200 day moving average of $16.26. The firm has a market capitalization of $1.52 billion, a price-to-earnings ratio of 480.19 and a beta of 1.69.

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

Insider Transactions at Arlo Technologies

In related news, CFO Kurtis Joseph Binder sold 135,494 shares of the company’s stock in a transaction dated 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 sale, the chief financial officer owned 467,681 shares in the company, valued at $7,899,132.09. This represents a 22.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Matthew Blake Mcrae sold 95,430 shares of the business’s stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $16.99, for a total value of $1,621,355.70. Following the sale, the chief executive officer directly owned 1,747,591 shares of the company’s stock, valued at $29,691,571.09. This represents a 5.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 391,848 shares of company stock valued at $6,707,126. Corporate insiders own 5.20% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Smartleaf Asset Management LLC lifted its stake in Arlo Technologies by 86.0% in the third quarter. Smartleaf Asset Management LLC now owns 1,616 shares of the company’s stock worth $28,000 after acquiring an additional 747 shares during the period. First Horizon Advisors Inc. boosted its stake in Arlo Technologies by 161.4% during the second quarter. First Horizon Advisors Inc. now owns 3,220 shares of the company’s stock worth $55,000 after acquiring an additional 1,988 shares in the last quarter. Quadrant Capital Group LLC purchased a new stake in Arlo Technologies in the third quarter worth about $86,000. EverSource Wealth Advisors LLC increased its stake in shares of Arlo Technologies by 1,682.9% during the second quarter. EverSource Wealth Advisors LLC now owns 5,616 shares of the company’s stock valued at $95,000 after purchasing an additional 5,301 shares in the last quarter. Finally, Strs Ohio bought a new stake in shares of Arlo Technologies in the 1st quarter worth approximately $66,000. Hedge funds and other institutional investors own 83.18% of the company’s stock.

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.