Arlo Technologies (NYSE:ARLO) Shares Down 10% – Should You Sell?

Arlo Technologies, Inc. (NYSE:ARLO) was down 10% during trading on Friday . The stock traded as low as $14.91 and last traded at $15.2430. Approximately 135,562 shares traded hands during trading, a decline of 88% from the average daily volume of 1,111,755 shares. The stock had previously closed at $16.94.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. BWS Financial reissued a “buy” rating and issued a $26.00 target price (up previously from $24.00) on shares of Arlo Technologies in a report on Monday, August 11th. Wall Street Zen raised Arlo Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 11th. Craig Hallum raised their price target on shares of Arlo Technologies from $17.00 to $22.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Weiss Ratings restated a “sell (d-)” rating on shares of Arlo Technologies in a report on Wednesday, October 8th. Finally, Zacks Research lowered Arlo Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 7th. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $23.00.

Arlo Technologies Stock Down 10.6%

The firm has a market cap of $1.58 billion, a price-to-earnings ratio of -216.40 and a beta of 1.69. The firm has a 50 day moving average of $17.81 and a 200 day moving average of $16.06.

Arlo Technologies (NYSE:ARLO) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.01. The firm had revenue of $139.53 million for the quarter, compared to analyst estimates of $138.69 million. Arlo Technologies had a negative return on equity of 6.69% and a negative net margin of 1.38%.The company’s revenue was up 1.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.11 earnings per share. Arlo Technologies has set its Q4 2025 guidance at 0.130-0.190 EPS. Equities analysts expect that Arlo Technologies, Inc. will post -0.29 EPS for the current year.

Insider Activity

In other Arlo Technologies news, CEO Matthew Blake Mcrae sold 520,557 shares of the firm’s stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $17.40, for a total value of $9,057,691.80. Following the completion of the sale, the chief executive officer owned 1,621,835 shares of the company’s stock, valued at approximately $28,219,929. This trade represents a 24.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, General Counsel Brian Busse sold 9,171 shares of the company’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 $155,815.29. Following the transaction, the general counsel directly owned 669,376 shares in the company, valued at $11,372,698.24. The trade was a 1.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 912,405 shares of company stock worth $15,764,818. Company insiders own 5.20% of the company’s stock.

Institutional Trading of Arlo Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC bought a new position in shares of Arlo Technologies in the first quarter valued at $123,000. Allspring Global Investments Holdings LLC raised its holdings in shares of Arlo Technologies by 24.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 53,081 shares of the company’s stock worth $518,000 after acquiring an additional 10,448 shares during the last quarter. Teacher Retirement System of Texas lifted its position in Arlo Technologies by 66.0% in the 1st quarter. Teacher Retirement System of Texas now owns 31,791 shares of the company’s stock valued at $314,000 after acquiring an additional 12,640 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Arlo Technologies by 2.4% during the 1st quarter. Principal Financial Group Inc. now owns 500,817 shares of the company’s stock valued at $4,943,000 after purchasing an additional 11,547 shares during the last quarter. Finally, OneDigital Investment Advisors LLC increased its holdings in Arlo Technologies by 3.3% during the 1st quarter. OneDigital Investment Advisors LLC now owns 36,262 shares of the company’s stock worth $358,000 after purchasing an additional 1,154 shares in the last quarter. Institutional investors own 83.18% of the company’s stock.

Arlo Technologies Company Profile

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.