Arlo Technologies, Inc. $ARLO Shares Acquired by Emerald Mutual Fund Advisers Trust

Emerald Mutual Fund Advisers Trust lifted its stake in shares of Arlo Technologies, Inc. (NYSE:ARLO) by 0.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 972,501 shares of the company’s stock after acquiring an additional 2,093 shares during the quarter. Emerald Mutual Fund Advisers Trust owned about 0.94% of Arlo Technologies worth $16,494,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Arlo Technologies during the first quarter valued at approximately $123,000. Allspring Global Investments Holdings LLC grew its position in Arlo Technologies by 24.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 53,081 shares of the company’s stock worth $518,000 after buying an additional 10,448 shares during the last quarter. GAMMA Investing LLC grew its position in Arlo Technologies by 40.9% in the first quarter. GAMMA Investing LLC now owns 7,212 shares of the company’s stock worth $71,000 after buying an additional 2,095 shares during the last quarter. Bank of New York Mellon Corp grew its position in Arlo Technologies by 2.2% in the first quarter. Bank of New York Mellon Corp now owns 720,618 shares of the company’s stock worth $7,113,000 after buying an additional 15,811 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Arlo Technologies in the first quarter worth approximately $396,000. Institutional investors and hedge funds own 83.18% of the company’s stock.

Analysts Set New Price Targets

ARLO has been the topic of several recent research reports. BWS Financial restated a “buy” rating and issued a $26.00 price target (up previously from $24.00) on shares of Arlo Technologies in a research report on Monday, August 11th. Zacks Research lowered shares of Arlo Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 7th. Raymond James Financial restated an “outperform” rating and issued a $22.00 price target (up previously from $15.00) on shares of Arlo Technologies in a research report on Friday, August 8th. Weiss Ratings restated a “sell (d-)” rating on shares of Arlo Technologies in a research report on Wednesday, October 8th. Finally, Wall Street Zen upgraded shares of Arlo Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 11th. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $23.00.

Insider Buying and Selling

In related news, CEO Matthew Blake Mcrae sold 520,557 shares of the stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $17.40, for a total transaction of $9,057,691.80. Following the completion of the sale, the chief executive officer directly owned 1,621,835 shares in the company, valued at approximately $28,219,929. This trade represents a 24.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Brian Busse sold 9,171 shares of Arlo Technologies stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $16.99, for a total value of $155,815.29. Following the sale, the general counsel directly owned 669,376 shares of the company’s stock, valued at approximately $11,372,698.24. The trade was a 1.35% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 1,339,297 shares of company stock valued at $23,309,667. Company insiders own 5.20% of the company’s stock.

Arlo Technologies Stock Performance

Arlo Technologies stock opened at $19.27 on Thursday. The company has a 50 day moving average price of $17.70 and a 200 day moving average price of $15.73. Arlo Technologies, Inc. has a 52 week low of $7.84 and a 52 week high of $19.94. The firm has a market capitalization of $2.01 billion, a price-to-earnings ratio of -275.20 and a beta of 1.72.

Arlo Technologies (NYSE:ARLO) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.02. Arlo Technologies had a negative net margin of 1.38% and a negative return on equity of 6.69%. The firm had revenue of $129.41 million during the quarter, compared to analyst estimates of $123.33 million. During the same quarter last year, the business posted $0.10 EPS. The company’s revenue was up 1.6% on a year-over-year basis. Arlo Technologies has set its Q3 2025 guidance at 0.120-0.180 EPS. Equities analysts forecast that Arlo Technologies, Inc. will post -0.29 earnings per share for the current fiscal year.

Arlo Technologies Company Profile

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.