Arlo Technologies, Inc. $ARLO Shares Sold by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC reduced its stake in shares of Arlo Technologies, Inc. (NYSE:ARLO) by 9.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,475,781 shares of the company’s stock after selling 376,446 shares during the quarter. Arlo Technologies accounts for approximately 3.2% of Rice Hall James & Associates LLC’s portfolio, making the stock its largest holding. Rice Hall James & Associates LLC’s holdings in Arlo Technologies were worth $58,914,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of ARLO. Invesco Ltd. boosted its stake in shares of Arlo Technologies by 1.7% during the 1st quarter. Invesco Ltd. now owns 357,450 shares of the company’s stock worth $3,528,000 after acquiring an additional 5,895 shares in the last quarter. Russell Investments Group Ltd. acquired a new position in Arlo Technologies during the first quarter worth about $396,000. Hsbc Holdings PLC raised its position in shares of Arlo Technologies by 137.9% during the 1st quarter. Hsbc Holdings PLC now owns 29,667 shares of the company’s stock worth $290,000 after purchasing an additional 17,197 shares during the last quarter. Ieq Capital LLC lifted its stake in Arlo Technologies by 166.7% in the 1st quarter. Ieq Capital LLC now owns 28,731 shares of the company’s stock valued at $284,000 after buying an additional 17,957 shares in the last quarter. Finally, Landscape Capital Management L.L.C. grew its holdings in Arlo Technologies by 6.8% during the 1st quarter. Landscape Capital Management L.L.C. now owns 253,773 shares of the company’s stock valued at $2,505,000 after buying an additional 16,183 shares during the last quarter. 83.18% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Arlo Technologies

In other news, CFO Kurtis Joseph Binder sold 135,494 shares of the stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $16.89, for a total value of $2,288,493.66. Following the completion of the sale, the chief financial officer owned 467,681 shares of the company’s stock, valued at $7,899,132.09. This represents a 22.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Matthew Blake Mcrae sold 257,242 shares of Arlo Technologies stock in a transaction on Monday, December 1st. The shares were sold at an average price of $14.28, for a total transaction of $3,673,415.76. Following the transaction, the chief executive officer owned 941,586 shares in the company, valued at $13,445,848.08. The trade was a 21.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 798,611 shares of company stock worth $12,529,158. Company insiders own 5.20% of the company’s stock.

Arlo Technologies Stock Performance

Shares of ARLO stock opened at $14.16 on Friday. The firm has a market capitalization of $1.50 billion, a price-to-earnings ratio of 472.22 and a beta of 1.73. Arlo Technologies, Inc. has a one year low of $7.84 and a one year high of $19.94. The company has a 50 day moving average price of $15.38 and a 200 day moving average price of $16.47.

Arlo Technologies (NYSE:ARLO) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.01. The company had revenue of $139.53 million for the quarter, compared to the consensus estimate of $138.69 million. Arlo Technologies had a return on equity of 2.00% and a net margin of 0.84%.The company’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same period last year, the business posted $0.11 EPS. Arlo Technologies has set its Q4 2025 guidance at 0.130-0.190 EPS. As a group, equities analysts forecast that Arlo Technologies, Inc. will post -0.29 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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

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.