Arlo Technologies, Inc. (NYSE:ARLO) Given Average Recommendation of “Moderate Buy” by Analysts

Arlo Technologies, Inc. (NYSE:ARLO) has been assigned an average recommendation of “Moderate Buy” from the seven research firms that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $21.40.

Several analysts have issued reports on the stock. Raymond James Financial reissued an “outperform” rating and issued a $19.00 price objective on shares of Arlo Technologies in a research note on Friday, May 8th. Weiss Ratings upgraded Arlo Technologies from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 11th. UBS Group set a $20.00 price target on Arlo Technologies in a research note on Monday, May 18th. William Blair initiated coverage on Arlo Technologies in a report on Tuesday, July 7th. They set an “outperform” rating for the company. Finally, Oppenheimer began coverage on Arlo Technologies in a research report on Monday, May 18th. They issued an “outperform” rating and a $20.00 price objective on the stock.

Insider Activity

In other news, CFO Kurtis Joseph Binder sold 16,507 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $12.83, for a total value of $211,784.81. Following the transaction, the chief financial officer directly owned 483,378 shares in the company, valued at approximately $6,201,739.74. This represents a 3.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 106,507 shares of company stock worth $1,612,035 over the last ninety days. 2.90% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Arlo Technologies

Several large investors have recently added to or reduced their stakes in ARLO. GSA Capital Partners LLP lifted its holdings in Arlo Technologies by 557.1% during the fourth quarter. GSA Capital Partners LLP now owns 141,372 shares of the company’s stock worth $1,978,000 after buying an additional 119,857 shares during the period. UBS Group AG increased its holdings in shares of Arlo Technologies by 49.9% in the 4th quarter. UBS Group AG now owns 580,829 shares of the company’s stock valued at $8,126,000 after acquiring an additional 193,379 shares during the period. Clearbridge Investments LLC bought a new position in shares of Arlo Technologies in the 4th quarter worth $6,794,000. Granahan Investment Management LLC bought a new position in shares of Arlo Technologies in the 3rd quarter worth $3,270,000. Finally, Tudor Investment Corp ET AL lifted its stake in shares of Arlo Technologies by 375.1% during the 3rd quarter. Tudor Investment Corp ET AL now owns 245,288 shares of the company’s stock worth $4,158,000 after purchasing an additional 193,662 shares during the last quarter. 83.18% of the stock is owned by hedge funds and other institutional investors.

Arlo Technologies Trading Down 0.7%

Shares of NYSE:ARLO traded down $0.09 during trading on Friday, reaching $13.01. The company’s stock had a trading volume of 891,528 shares, compared to its average volume of 1,268,303. The stock has a market capitalization of $1.41 billion, a PE ratio of 48.17 and a beta of 1.55. Arlo Technologies has a 12 month low of $11.05 and a 12 month high of $19.94. The firm’s 50 day simple moving average is $13.17 and its two-hundred day simple moving average is $13.45.

Arlo Technologies (NYSE:ARLO) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.09. Arlo Technologies had a return on equity of 18.66% and a net margin of 5.47%.The company had revenue of $150.38 million for the quarter, compared to analysts’ expectations of $139.72 million. During the same period in the previous year, the firm posted $0.15 earnings per share. The firm’s revenue for the quarter was up 26.3% on a year-over-year basis. Arlo Technologies has set its Q2 2026 guidance at 0.17-0.230 EPS. Research analysts anticipate that Arlo Technologies will post 0.2 EPS for the current fiscal year.

About Arlo Technologies

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.