Versor Investments LP Purchases New Shares in Arlo Technologies, Inc. $ARLO

Versor Investments LP purchased a new stake in Arlo Technologies, Inc. (NYSE:ARLOFree Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 13,300 shares of the company’s stock, valued at approximately $131,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. GAMMA Investing LLC grew its stake in Arlo Technologies by 40.9% in the 1st quarter. GAMMA Investing LLC now owns 7,212 shares of the company’s stock valued at $71,000 after purchasing an additional 2,095 shares during the period. Bank of Montreal Can bought a new position in Arlo Technologies in the 4th quarter valued at $130,000. Fox Run Management L.L.C. bought a new position in Arlo Technologies in the 1st quarter valued at $119,000. Wealth Enhancement Advisory Services LLC bought a new position in Arlo Technologies in the 1st quarter valued at $123,000. Finally, Hsbc Holdings PLC grew its stake in Arlo Technologies by 9.7% in the 4th quarter. Hsbc Holdings PLC now owns 12,470 shares of the company’s stock valued at $140,000 after purchasing an additional 1,103 shares during the period. 83.18% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Arlo Technologies news, CFO Kurtis Joseph Binder sold 113,912 shares of the firm’s stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $18.56, for a total value of $2,114,206.72. Following the completion of the transaction, the chief financial officer owned 809,615 shares in the company, valued at $15,026,454.40. This trade represents a 12.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Matthew Blake Mcrae sold 520,557 shares of the firm’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $17.40, for a total value of $9,057,691.80. Following the completion of the transaction, the chief executive officer owned 1,621,835 shares of the company’s stock, valued at approximately $28,219,929. This represents a 24.30% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 2,306,967 shares of company stock valued at $39,664,516. 5.20% of the stock is owned by corporate insiders.

Arlo Technologies Stock Performance

ARLO stock opened at $17.5360 on Friday. The company has a market capitalization of $1.83 billion, a price-to-earnings ratio of -250.48 and a beta of 1.85. Arlo Technologies, Inc. has a fifty-two week low of $7.84 and a fifty-two week high of $19.25. The stock has a fifty day moving average of $16.69 and a 200-day moving average of $13.36.

Arlo Technologies (NYSE:ARLOGet Free Report) last posted its quarterly earnings results 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. The company had revenue of $129.41 million during the quarter, compared to the consensus estimate of $123.33 million. Arlo Technologies had a negative return on equity of 6.69% and a negative net margin of 1.38%.The firm’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.10 EPS. Arlo Technologies has set its Q3 2025 guidance at 0.120-0.180 EPS. Equities analysts predict that Arlo Technologies, Inc. will post -0.29 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have issued reports on ARLO. Craig Hallum upped their price objective on Arlo Technologies from $17.00 to $22.00 and gave the company a “buy” rating in a research note on Friday, August 8th. BWS Financial restated a “buy” rating and issued a $26.00 price objective (up previously from $24.00) on shares of Arlo Technologies in a research note on Monday, August 11th. Finally, Raymond James Financial restated an “outperform” rating and issued a $22.00 price objective (up previously from $15.00) on shares of Arlo Technologies in a research note on Friday, August 8th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $23.00.

Get Our Latest Report on ARLO

Arlo Technologies Company Profile

(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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Institutional Ownership by Quarter for Arlo Technologies (NYSE:ARLO)

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