Arlo Technologies (NYSE:ARLO) Upgraded at Wall Street Zen

by · The Cerbat Gem

Wall Street Zen upgraded shares of Arlo Technologies (NYSE:ARLO – Free Report) from a buy rating to a strong-buy rating in a report released on Saturday morning.

Other equities analysts have also issued reports about the stock. Zacks Research lowered shares of Arlo Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 7th. Raymond James Financial reissued an “outperform” rating and issued a $22.00 price target (up previously from $15.00) on shares of Arlo Technologies in a research note on Friday, August 8th. BWS Financial reaffirmed a “buy” rating and set a $26.00 price objective (up from $24.00) on shares of Arlo Technologies in a research note on Monday, August 11th. Craig Hallum increased their target price on Arlo Technologies from $17.00 to $22.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Arlo Technologies in a report on Wednesday, October 8th. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $23.00.

Check Out Our Latest Stock Report on ARLO

Arlo Technologies Stock Up 3.0%

ARLO stock opened at $17.16 on Friday. Arlo Technologies has a twelve month low of $7.84 and a twelve month high of $19.25. The company has a market cap of $1.79 billion, a P/E ratio of -245.15 and a beta of 1.72. The business has a fifty day moving average of $17.31 and a 200-day moving average of $14.94.

Arlo Technologies (NYSE:ARLO – Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.02. Arlo Technologies had a negative return on equity of 6.69% and a negative net margin of 1.38%.The firm had revenue of $129.41 million during the quarter, compared to analysts’ expectations of $123.33 million. During the same period in the previous year, the business posted $0.10 EPS. The company’s quarterly revenue was up 1.6% compared to the same quarter last year. Arlo Technologies has set its Q3 2025 guidance at 0.120-0.180 EPS. As a group, equities research analysts anticipate that Arlo Technologies will post -0.29 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, General Counsel Brian Busse sold 9,171 shares of the firm’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $16.99, for a total transaction of $155,815.29. Following the sale, the general counsel directly owned 669,376 shares in the company, valued at $11,372,698.24. This trade represents a 1.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Kurtis Joseph Binder sold 135,494 shares of the company’s stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $16.89, for a total transaction of $2,288,493.66. Following the completion of the transaction, the chief financial officer directly owned 467,681 shares of the company’s stock, valued at approximately $7,899,132.09. The trade was a 22.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 1,313,009 shares of company stock valued at $22,809,236. 3.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Voya Investment Management LLC raised its position in Arlo Technologies by 160.2% in the 3rd quarter. Voya Investment Management LLC now owns 273,250 shares of the company’s stock valued at $4,632,000 after buying an additional 168,248 shares during the last quarter. Squarepoint Ops LLC grew its position in Arlo Technologies by 137.1% in the second quarter. Squarepoint Ops LLC now owns 52,913 shares of the company’s stock valued at $897,000 after purchasing an additional 30,599 shares in the last quarter. Thrivent Financial for Lutherans lifted its position in Arlo Technologies by 3.2% during the 2nd quarter. Thrivent Financial for Lutherans now owns 76,032 shares of the company’s stock worth $1,290,000 after buying an additional 2,330 shares in the last quarter. State of Wyoming boosted its stake in shares of Arlo Technologies by 20.0% during the 2nd quarter. State of Wyoming now owns 25,503 shares of the company’s stock worth $433,000 after buying an additional 4,243 shares during the last quarter. Finally, Caxton Associates LLP bought a new position in shares of Arlo Technologies in the 2nd quarter valued at about $398,000. 83.18% of the stock is currently owned by institutional investors.

Arlo Technologies Company Profile

(Get Free Report)

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.

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