Teton Advisors LLC Acquires Shares of 62,000 Arlo Technologies, Inc. $ARLO

Teton Advisors LLC purchased a new stake in Arlo Technologies, Inc. (NYSE:ARLO) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 62,000 shares of the company’s stock, valued at approximately $1,051,000. Teton Advisors LLC owned approximately 0.06% of Arlo Technologies as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Wasatch Advisors LP grew its holdings in Arlo Technologies by 30.1% in the second quarter. Wasatch Advisors LP now owns 4,678,880 shares of the company’s stock valued at $79,354,000 after purchasing an additional 1,082,443 shares during the period. Divisadero Street Capital Management LP lifted its position in shares of Arlo Technologies by 778.6% during the 2nd quarter. Divisadero Street Capital Management LP now owns 1,150,943 shares of the company’s stock valued at $19,520,000 after buying an additional 1,019,945 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Arlo Technologies by 115.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,552,652 shares of the company’s stock valued at $15,325,000 after buying an additional 830,770 shares in the last quarter. Marshall Wace LLP grew its stake in Arlo Technologies by 110.3% in the 2nd quarter. Marshall Wace LLP now owns 1,510,603 shares of the company’s stock valued at $25,620,000 after acquiring an additional 792,294 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. grew its stake in Arlo Technologies by 24.1% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,374,399 shares of the company’s stock valued at $23,310,000 after acquiring an additional 266,847 shares during the period. Institutional investors and hedge funds own 83.18% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on ARLO shares. Weiss Ratings cut shares of Arlo Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 20th. BWS Financial reaffirmed a “buy” rating and issued a $26.00 price target on shares of Arlo Technologies in a research note on Tuesday, November 11th. Finally, Zacks Research cut Arlo Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $23.33.

Insider Transactions at Arlo Technologies

In other news, CEO Matthew Blake Mcrae sold 27,931 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $14.93, for a total value of $417,009.83. Following the sale, the chief executive officer directly owned 1,033,475 shares in the company, valued at approximately $15,429,781.75. This trade represents a 2.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Kurtis Joseph Binder sold 9,665 shares of the firm’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $15.11, for a total value of $146,038.15. Following the completion of the sale, the chief financial officer owned 460,970 shares in the company, valued at approximately $6,965,256.70. This represents a 2.05% 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 484,145 shares of company stock valued at $6,383,386. 5.20% of the stock is currently owned by company insiders.

Arlo Technologies Stock Down 2.3%

ARLO stock opened at $13.90 on Friday. Arlo Technologies, Inc. has a 52-week low of $7.84 and a 52-week high of $19.94. The stock has a market cap of $1.49 billion, a price-to-earnings ratio of 106.93 and a beta of 1.65. The business has a fifty day moving average of $13.14 and a two-hundred day moving average of $15.24.

Arlo Technologies (NYSE:ARLO) last issued its quarterly earnings data on Thursday, February 26th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.16 by $0.06. Arlo Technologies had a net margin of 2.82% and a return on equity of 10.76%. The firm had revenue of $141.30 million for the quarter, compared to analyst estimates of $135.57 million. During the same period in the prior year, the business posted $0.10 EPS. The business’s revenue for the quarter was up 16.2% compared to the same quarter last year. Arlo Technologies has set its Q1 2026 guidance at 0.170-0.230 EPS. As a group, sell-side analysts anticipate that Arlo Technologies, Inc. will post -0.29 EPS for the current year.

Arlo Technologies announced that its Board of Directors has initiated a share repurchase plan on Wednesday, March 4th that permits the company to repurchase $50.00 million in shares. This repurchase authorization permits the company to repurchase up to 3.1% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Arlo Technologies Company Profile

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.