G2 Investment Partners Management LLC Invests $2.21 Million in Arlo Technologies, Inc. $ARLO

by · The Cerbat Gem

G2 Investment Partners Management LLC acquired a new stake in shares of Arlo Technologies, Inc. (NYSE:ARLO – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 130,000 shares of the company’s stock, valued at approximately $2,205,000. G2 Investment Partners Management LLC owned 0.12% of Arlo Technologies as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ARLO. BNP Paribas Financial Markets raised its stake in Arlo Technologies by 424.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 49,390 shares of the company’s stock valued at $838,000 after buying an additional 39,964 shares during the last quarter. Boothbay Fund Management LLC purchased a new position in shares of Arlo Technologies in the 2nd quarter worth $432,000. Brevan Howard Capital Management LP bought a new stake in shares of Arlo Technologies in the second quarter worth $1,093,000. Bank of America Corp DE increased its position in Arlo Technologies by 12.0% during the second quarter. Bank of America Corp DE now owns 374,496 shares of the company’s stock valued at $6,351,000 after acquiring an additional 40,149 shares during the last quarter. Finally, AWM Investment Company Inc. increased its position in Arlo Technologies by 6.1% during the second quarter. AWM Investment Company Inc. now owns 694,576 shares of the company’s stock valued at $11,780,000 after acquiring an additional 40,175 shares during the last quarter. Hedge funds and other institutional investors own 83.18% of the company’s stock.

Insiders Place Their Bets

In other Arlo Technologies news, CEO Matthew Blake Mcrae sold 257,242 shares of the stock in a transaction on Monday, December 1st. The stock was sold at an average price of $14.28, for a total value of $3,673,415.76. Following the completion of the sale, the chief executive officer owned 941,586 shares in the company, valued at approximately $13,445,848.08. This represents a 21.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, General Counsel Brian Busse sold 149,521 shares of the business’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $14.37, for a total value of $2,148,616.77. Following the completion of the transaction, the general counsel owned 519,855 shares in the company, valued at $7,470,316.35. The trade was a 22.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 798,611 shares of company stock worth $12,529,158. Corporate insiders own 5.20% of the company’s stock.

Arlo Technologies Trading Down 2.7%

Arlo Technologies stock opened at $14.04 on Friday. Arlo Technologies, Inc. has a 12-month low of $7.84 and a 12-month high of $19.94. The firm has a market capitalization of $1.49 billion, a price-to-earnings ratio of 467.99 and a beta of 1.73. The firm has a 50 day moving average of $16.07 and a 200 day moving average of $16.55.

Arlo Technologies (NYSE:ARLO – Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.01. The business had revenue of $139.53 million during the quarter, compared to analyst estimates of $138.69 million. Arlo Technologies had a net margin of 0.84% and a return on equity of 2.00%. The company’s revenue was up 1.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.11 earnings per share. Arlo Technologies has set its Q4 2025 guidance at 0.130-0.190 EPS. On average, analysts predict that Arlo Technologies, Inc. will post -0.29 EPS for the current year.

Wall Street Analysts Forecast Growth

ARLO has been the subject of a number of recent research reports. Wall Street Zen upgraded Arlo Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 11th. Weiss Ratings restated a “hold (c-)” rating on shares of Arlo Technologies in a research report on Monday. BWS Financial reaffirmed a “buy” rating and set a $26.00 target price on shares of Arlo Technologies in a report on Tuesday, November 11th. Finally, Zacks Research upgraded shares of Arlo Technologies from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 14th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $23.00.

View Our Latest Research Report on Arlo Technologies

About Arlo Technologies

(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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