Arlo Technologies (NYSE:ARLO) Rating Lowered to “Hold” at Zacks Research

Arlo Technologies (NYSE:ARLO) was downgraded by Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

ARLO has been the topic of a number of other research reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Arlo Technologies in a research report on Monday, December 29th. Wall Street Zen raised shares of Arlo Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 11th. Finally, BWS Financial restated a “buy” rating and issued a $26.00 price objective on shares of Arlo Technologies in a report on Tuesday, November 11th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $23.00.

Arlo Technologies Price Performance

Shares of Arlo Technologies stock opened at $13.90 on Tuesday. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of 463.32 and a beta of 1.64. The stock’s 50-day moving average is $14.59 and its 200-day moving average is $16.28. Arlo Technologies has a one year low of $7.84 and a one year high of $19.94.

Arlo Technologies (NYSE:ARLO) last announced its earnings results on Thursday, November 6th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.01. Arlo Technologies had a return on equity of 2.00% and a net margin of 0.84%.The business had revenue of $139.53 million for the quarter, compared to analyst estimates of $138.69 million. During the same quarter last year, the firm earned $0.11 EPS. Arlo Technologies’s revenue for the quarter 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. On average, equities analysts expect that Arlo Technologies will post -0.29 EPS for the current year.

Insider Activity

In other Arlo Technologies news, CFO Kurtis Joseph Binder sold 51,668 shares of the business’s stock in a transaction that occurred 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 transaction, the chief financial officer owned 416,013 shares of the company’s stock, valued at $7,413,351.66. The trade was a 11.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Brian Busse sold 149,521 shares of the company’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $14.37, for a total value of $2,148,616.77. Following the completion of the sale, the general counsel owned 519,855 shares in the company, valued at $7,470,316.35. This represents a 22.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 477,076 shares of company stock valued at $7,075,756. 5.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Smartleaf Asset Management LLC lifted its holdings in Arlo Technologies by 86.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,616 shares of the company’s stock valued at $28,000 after purchasing an additional 747 shares during the last quarter. Quarry LP raised its position in shares of Arlo Technologies by 42.0% in the third quarter. Quarry LP now owns 2,649 shares of the company’s stock valued at $45,000 after purchasing an additional 783 shares during the period. First Horizon Advisors Inc. lifted its stake in shares of Arlo Technologies by 161.4% during the 2nd quarter. First Horizon Advisors Inc. now owns 3,220 shares of the company’s stock worth $55,000 after buying an additional 1,988 shares during the last quarter. Strs Ohio bought a new stake in shares of Arlo Technologies during the 1st quarter worth about $66,000. Finally, Quadrant Capital Group LLC acquired a new position in Arlo Technologies in the 3rd quarter valued at about $86,000. 83.18% of the stock is owned by institutional investors and hedge funds.

About Arlo Technologies

Arlo Technologies, Inc (NYSE: ARLO) is a provider of smart home security products and services designed for residential and small business customers. The company offers a portfolio of wireless and Wi-Fi-enabled security cameras, video doorbells, smart lighting solutions, and associated accessories. Arlo integrates advanced video analytics, motion detection, cloud storage, and two-way audio capabilities to deliver end-to-end security and monitoring solutions accessible through mobile applications and web interfaces.

Founded as a division of Netgear, Inc in 2014 and spun off as an independent public company in 2018, Arlo Technologies has established a presence in North America, Europe, Australia and parts of Asia.