Arlo Technologies, Inc. $ARLO Shares Sold by Divisadero Street Capital Management LP

Divisadero Street Capital Management LP trimmed its position in shares of Arlo Technologies, Inc. (NYSE:ARLO) by 39.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 691,557 shares of the company’s stock after selling 459,386 shares during the quarter. Divisadero Street Capital Management LP owned approximately 0.65% of Arlo Technologies worth $11,722,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership boosted its stake in Arlo Technologies by 778.8% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,884,616 shares of the company’s stock worth $31,944,000 after purchasing an additional 1,670,156 shares during the last quarter. Wasatch Advisors LP raised its position in shares of 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 buying an additional 1,082,443 shares during the last quarter. Marshall Wace LLP lifted its stake in shares of Arlo Technologies by 69.1% in the third quarter. Marshall Wace LLP now owns 2,554,457 shares of the company’s stock worth $43,298,000 after buying an additional 1,043,854 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Arlo Technologies by 115.1% in the first quarter. Goldman Sachs Group Inc. now owns 1,552,652 shares of the company’s stock worth $15,325,000 after buying an additional 830,770 shares in the last quarter. Finally, Man Group plc boosted its position in Arlo Technologies by 491.9% during the third quarter. Man Group plc now owns 430,049 shares of the company’s stock worth $7,289,000 after acquiring an additional 357,398 shares during the last quarter. 83.18% of the stock is owned by institutional investors and hedge funds.

Arlo Technologies Trading Up 0.7%

Shares of ARLO opened at $13.61 on Monday. Arlo Technologies, Inc. has a 12-month low of $7.84 and a 12-month high of $19.94. The firm has a market capitalization of $1.45 billion, a P/E ratio of 104.66 and a beta of 1.64. The firm has a 50-day moving average price of $13.13 and a 200 day moving average price of $15.09.

Arlo Technologies (NYSE:ARLO) last posted its earnings results on Thursday, February 26th. The company reported $0.22 earnings per share for the quarter, beating 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 company had revenue of $141.30 million for the quarter, compared to analyst estimates of $135.57 million. During the same period in the previous year, the business posted $0.10 EPS. Arlo Technologies’s revenue was up 16.2% on a year-over-year basis. Arlo Technologies has set its Q1 2026 guidance at 0.170-0.230 EPS. Equities research analysts predict that Arlo Technologies, Inc. will post -0.29 earnings per share for the current fiscal year.

Arlo Technologies declared that its board has approved a share buyback plan on Wednesday, March 4th that authorizes the company to repurchase $50.00 million in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 3.1% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Weiss Ratings raised shares of Arlo Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, March 6th. Zacks Research cut Arlo Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.33.

Insider Buying and Selling

In other Arlo Technologies news, CFO Kurtis Joseph Binder sold 179,419 shares of the firm’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $13.78, for a total transaction of $2,472,393.82. Following the completion of the sale, the chief financial officer owned 614,885 shares of the company’s stock, valued at $8,473,115.30. This trade represents a 22.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Matthew Blake Mcrae sold 153,433 shares of Arlo Technologies stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $13.78, for a total value of $2,114,306.74. Following the completion of the sale, the chief executive officer owned 1,168,866 shares in the company, valued at $16,106,973.48. This represents a 11.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 842,522 shares of company stock worth $11,321,821. Company insiders own 3.80% of the company’s stock.

Arlo Technologies 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.