Arlo Technologies (NYSE:ARLO) Shares Down 11.4% Following Insider Selling

Arlo Technologies, Inc. (NYSE:ARLO)’s share price fell 11.4% during mid-day trading on Friday after an insider sold shares in the company. The company traded as low as $13.31 and last traded at $13.15. Approximately 256,381 shares were traded during mid-day trading, a decline of 82% from the average session volume of 1,417,570 shares. The stock had previously closed at $14.84.

Specifically, CFO Kurtis Binder sold 33,394 shares of the stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $15.03, for a total value of $501,911.82. Following the completion of the sale, the chief financial officer owned 312,147 shares in the company, valued at approximately $4,691,569.41. This trade represents a 9.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analyst Ratings Changes

A number of brokerages have recently weighed in on ARLO. Wall Street Zen downgraded Arlo Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 31st. Piper Sandler reaffirmed an “overweight” rating and set a $17.00 price target (up from $16.00) on shares of Arlo Technologies in a research report on Friday. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Arlo Technologies in a report on Friday, October 30th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Arlo Technologies has a consensus rating of “Moderate Buy” and an average price target of $20.40.

Key Stories Impacting Arlo Technologies

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

• Positive Sentiment: Q3 adjusted EPS was $0.24, ahead of the $0.20 consensus and up from $0.16 a year earlier. Revenue of $149.18 million beat the $144.93 million estimate and rose 6.9% year over year. Arlo Reports Third Quarter 2026 Results
• Positive Sentiment: Management highlighted 20% growth in subscriptions and services revenue and adjusted EBITDA growth of more than 50%, supporting the case for improving recurring revenue and profitability. Arlo Reports Third Quarter 2026 Results
• Neutral Sentiment: CFO Kurtis Binder sold 33,394 shares for about $502,000 under a pre-arranged Rule 10b5-1 plan. He retained 312,147 shares, which may lessen concern that the sale signals a changed outlook. SEC filing
• Negative Sentiment: Q4 guidance calls for revenue of $137 million–$147 million, below Q3’s $149.18 million, and adjusted EPS of $0.17–$0.23. This outlook may be weighing on the shares despite the Q3 beat; coverage also described the stock as dropping after the results. Q4 revenue outlook

Arlo Technologies Price Performance

The business’s fifty day moving average is $13.07 and its 200-day moving average is $13.39. The firm has a market cap of $1.38 billion, a PE ratio of 47.10 and a beta of 1.59.

Arlo Technologies (NYSE:ARLO) last released its earnings results on Thursday, November 5th. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.04. The firm had revenue of $149.18 million for the quarter, compared to analysts’ expectations of $144.93 million. Arlo Technologies had a net margin of 5.20% and a return on equity of 17.29%. The company’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.16 earnings per share. Analysts forecast that Arlo Technologies, Inc. will post 0.12 EPS for the current year.

Institutional Investors Weigh In On Arlo Technologies

Large investors have recently modified their holdings of the stock. BlackRock Inc. bought a new stake in shares of Arlo Technologies in the 2nd quarter worth approximately $235,992,000. Rice Hall James & Associates LLC bought a new position in Arlo Technologies during the second quarter valued at $50,320,000. Jupiter Topco LLC bought a new position in Arlo Technologies during the second quarter valued at $34,557,000. Primecap Management Co. CA purchased a new stake in Arlo Technologies in the second quarter worth $26,183,000. Finally, AWM Investment Company Inc. purchased a new stake in Arlo Technologies in the second quarter worth $19,762,000. Hedge funds and other institutional investors own 83.18% of the company’s stock.

Arlo Technologies Company Profile

Arlo Technologies, Inc is a smart home security company that develops connected devices and cloud-based services designed to help consumers monitor and protect their homes, businesses and other properties. Its product portfolio includes wire-free and wired security cameras, video doorbells, floodlight cameras, home security systems and related accessories.

Arlo’s products typically connect through mobile applications and cloud services, providing features such as live video, motion detection, two-way audio, night vision and notifications.