Insider Selling: Arlo Technologies (NYSE:ARLO) CFO Sells $423,649.44 in Stock

Arlo Technologies, Inc. (NYSE:ARLO) CFO Kurtis Joseph Binder sold 27,297 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $15.52, for a total value of $423,649.44. Following the completion of the sale, the chief financial officer owned 442,110 shares of the company’s stock, valued at approximately $6,861,547.20. The trade was a 5.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kurtis Joseph Binder also recently made the following trade(s):

• On Monday, August 3rd, Kurtis Joseph Binder sold 13,971 shares of Arlo Technologies stock. The shares were sold at an average price of $15.01, for a total transaction of $209,704.71.
• On Monday, July 6th, Kurtis Joseph Binder sold 16,507 shares of Arlo Technologies stock. The stock was sold at an average price of $12.83, for a total transaction of $211,784.81.
• On Friday, May 8th, Kurtis Joseph Binder sold 65,000 shares of Arlo Technologies stock. The stock was sold at an average price of $15.70, for a total transaction of $1,020,500.00.

Arlo Technologies Price Performance

NYSE:ARLO opened at $15.21 on Friday. The firm has a market capitalization of $1.65 billion, a price-to-earnings ratio of 56.35 and a beta of 1.56. The company’s 50-day moving average is $13.38 and its two-hundred day moving average is $13.47. Arlo Technologies, Inc. has a 1-year low of $11.05 and a 1-year high of $19.94.

Arlo Technologies (NYSE:ARLO) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.08. The business had revenue of $155.94 million during the quarter, compared to the consensus estimate of $148.94 million. Arlo Technologies had a net margin of 5.20% and a return on equity of 17.90%. The business’s revenue was up 20.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.17 EPS. Arlo Technologies has set its FY 2026 guidance at 0.900-1.000 EPS and its Q3 2026 guidance at 0.170-0.230 EPS. As a group, equities analysts anticipate that Arlo Technologies, Inc. will post 0.2 earnings per share for the current fiscal year.

More Arlo Technologies News

Here are the key news stories impacting Arlo Technologies this week:

• Positive Sentiment: Arlo beat Q2 expectations. The smart-home security company reported adjusted earnings of $0.28 per share versus the $0.20 consensus estimate. Revenue increased 20.5% year over year to $155.94 million, exceeding analysts’ $148.94 million forecast. Arlo Technologies Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its outlook above Wall Street expectations. Q3 guidance calls for EPS of $0.17-$0.23 and revenue of $140 million-$150 million, compared with consensus estimates of $0.14 and $133.2 million. Full-year 2026 guidance was set at $0.90-$1.00 EPS and $580 million-$600 million in revenue, ahead of consensus forecasts of $0.71 and $565.7 million, respectively. Arlo Q2 2026 Earnings Call Transcript
• Positive Sentiment: Piper Sandler raised its price target. The firm increased its target from $17 to $18 and maintained an “overweight” rating, signaling confidence in Arlo’s growth trajectory following the earnings release. Piper Sandler Raises Arlo Price Target
• Neutral Sentiment: Management’s earnings call and presentation emphasized stronger growth, supported by higher revenue and expanding profitability. However, investors may want additional detail on the durability of subscription growth and the company’s ability to convert demand into recurring revenue. Arlo Q2 2026 Results Presentation
• Negative Sentiment: CFO Kurtis Joseph Binder disclosed additional stock sales. He sold 13,971 shares for approximately $209,705 on August 3 and 27,297 shares for about $423,649 on August 4. Both transactions were conducted under a pre-arranged Rule 10b5-1 plan, which reduces their significance as a discretionary bearish signal, but the sales can still weigh on sentiment. Arlo CFO Stock Sales

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on ARLO shares. UBS Group set a $20.00 price target on Arlo Technologies in a research note on Monday, May 18th. Weiss Ratings lowered shares of Arlo Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday. Piper Sandler upped their target price on shares of Arlo Technologies from $17.00 to $18.00 and gave the company an “overweight” rating in a research report on Friday. Raymond James Financial reiterated an “outperform” rating and set a $19.00 price target on shares of Arlo Technologies in a research report on Friday, May 8th. Finally, William Blair started coverage on shares of Arlo Technologies in a research note on Tuesday, July 7th. They issued an “outperform” rating on the stock. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $20.60.

Institutional Investors Weigh In On Arlo Technologies

Several institutional investors and hedge funds have recently modified their holdings of the company. Hantz Financial Services Inc. boosted its holdings in Arlo Technologies by 763.3% during the 4th quarter. Hantz Financial Services Inc. now owns 1,977 shares of the company’s stock valued at $28,000 after acquiring an additional 1,748 shares during the period. Quarry LP increased its stake in Arlo Technologies by 42.0% during the third quarter. Quarry LP now owns 2,649 shares of the company’s stock worth $45,000 after purchasing an additional 783 shares during the period. Strs Ohio acquired a new stake in shares of Arlo Technologies during the first quarter worth about $66,000. Quadrant Capital Group LLC purchased a new position in shares of Arlo Technologies in the third quarter valued at approximately $86,000. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Arlo Technologies by 1,682.9% in 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 during the period. Hedge funds and other institutional investors own 83.18% of the company’s stock.

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.