Arlo Technologies, Inc. (NYSE:ARLO) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Arlo Technologies, Inc. (NYSE:ARLO) have been given an average rating of “Moderate Buy” by the five brokerages that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $22.3333.

A number of research analysts recently commented on the stock. Raymond James Financial reaffirmed an “outperform” rating and set a $19.00 price objective on shares of Arlo Technologies in a research report on Friday, May 8th. Weiss Ratings raised shares of Arlo Technologies from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday.

Insiders Place Their Bets

In other Arlo Technologies news, CFO Kurtis Joseph Binder sold 65,000 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $15.70, for a total value of $1,020,500.00. Following the completion of the sale, the chief financial officer directly owned 499,885 shares of the company’s stock, valued at $7,848,194.50. The trade was a 11.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Blake Mcrae sold 153,433 shares of the business’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $13.78, for a total transaction of $2,114,306.74. Following the completion of the sale, the chief executive officer directly owned 1,168,866 shares of the company’s stock, valued at $16,106,973.48. This represents a 11.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 530,478 shares of company stock valued at $7,542,693 over the last ninety days. Corporate insiders own 2.90% of the company’s stock.

Institutional Trading of Arlo Technologies

Several large investors have recently added to or reduced their stakes in ARLO. Smartleaf Asset Management LLC grew its position 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 in the last quarter. Hantz Financial Services Inc. grew its position in Arlo Technologies by 763.3% in the fourth quarter. Hantz Financial Services Inc. now owns 1,977 shares of the company’s stock worth $28,000 after acquiring an additional 1,748 shares in the last quarter. Quarry LP grew its position in Arlo Technologies by 42.0% in the third quarter. Quarry LP now owns 2,649 shares of the company’s stock worth $45,000 after acquiring an additional 783 shares in the last quarter. Strs Ohio bought a new stake in Arlo Technologies in the first quarter worth approximately $66,000. Finally, Quadrant Capital Group LLC bought a new stake in Arlo Technologies in the third quarter worth approximately $86,000. 83.18% of the stock is owned by institutional investors.

Arlo Technologies Stock Performance

Shares of ARLO opened at $12.35 on Friday. The company’s 50 day moving average price is $14.08 and its 200 day moving average price is $14.05. Arlo Technologies has a 52 week low of $11.05 and a 52 week high of $19.94. The company has a market capitalization of $1.34 billion, a PE ratio of 45.76 and a beta of 1.60.

Arlo Technologies (NYSE:ARLO) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. Arlo Technologies had a net margin of 5.47% and a return on equity of 18.66%. The firm had revenue of $150.38 million for the quarter, compared to the consensus estimate of $139.73 million. During the same period in the previous year, the firm posted $0.15 earnings per share. The firm’s revenue was up 26.3% on a year-over-year basis. Arlo Technologies has set its Q2 2026 guidance at 0.17-0.230 EPS. On average, equities analysts forecast that Arlo Technologies will post 0.16 earnings per share for the current fiscal year.

Arlo Technologies announced that its board has approved a stock buyback program on Wednesday, March 4th that allows the company to repurchase $50.00 million in shares. This repurchase authorization allows the company to purchase up to 3.1% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.

Arlo Technologies Company Profile

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.