Arlo Technologies, Inc. $ARLO Shares Bought by UBS Group AG

UBS Group AG raised its holdings in Arlo Technologies, Inc. (NYSE:ARLO) by 49.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 580,829 shares of the company’s stock after acquiring an additional 193,379 shares during the quarter. UBS Group AG’s holdings in Arlo Technologies were worth $8,126,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Arlo Technologies by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 10,691,336 shares of the company’s stock valued at $149,572,000 after acquiring an additional 32,770 shares during the period. Wasatch Advisors LP lifted its holdings in Arlo Technologies by 17.7% in the third quarter. Wasatch Advisors LP now owns 5,505,467 shares of the company’s stock valued at $93,318,000 after acquiring an additional 826,587 shares during the period. State Street Corp lifted its holdings in Arlo Technologies by 5.3% in the second quarter. State Street Corp now owns 4,272,925 shares of the company’s stock valued at $72,469,000 after acquiring an additional 215,867 shares during the period. Marshall Wace LLP lifted its holdings in Arlo Technologies by 69.1% in the third quarter. Marshall Wace LLP now owns 2,554,457 shares of the company’s stock valued at $43,298,000 after acquiring an additional 1,043,854 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in Arlo Technologies by 778.8% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,884,616 shares of the company’s stock valued at $31,944,000 after acquiring an additional 1,670,156 shares during the period. Institutional investors and hedge funds own 83.18% of the company’s stock.

Insider Activity

In other news, General Counsel Brian Busse sold 25,525 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 value of $351,734.50. Following the completion of the transaction, the general counsel owned 583,364 shares in the company, valued at $8,038,755.92. This trade represents a 4.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Kurtis Joseph Binder sold 179,419 shares of the firm’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $13.78, for a total value of $2,472,393.82. Following the completion of the transaction, the chief financial officer owned 614,885 shares of the company’s stock, valued at approximately $8,473,115.30. This represents a 22.59% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 530,478 shares of company stock worth $7,542,693 over the last 90 days. 2.90% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have commented on ARLO. Raymond James Financial reissued an “outperform” rating and issued a $19.00 target price on shares of Arlo Technologies in a report on Friday, May 8th. Weiss Ratings raised Arlo Technologies from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 11th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Arlo Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.33.

Arlo Technologies Stock Up 0.3%

Shares of ARLO stock opened at $12.35 on Monday. Arlo Technologies, Inc. has a fifty-two week low of $11.05 and a fifty-two week high of $19.94. The stock has a market cap of $1.34 billion, a P/E ratio of 45.76 and a beta of 1.60. The business has a fifty day simple moving average of $14.08 and a 200-day simple moving average of $14.01.

Arlo Technologies (NYSE:ARLO) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. Arlo Technologies had a return on equity of 18.66% and a net margin of 5.47%.The business had revenue of $150.38 million during the quarter, compared to analysts’ expectations of $139.73 million. During the same quarter last year, the business posted $0.15 earnings per share. The business’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. On average, sell-side analysts anticipate that Arlo Technologies, Inc. will post 0.16 earnings per share for the current year.

Arlo Technologies declared that its Board of Directors has authorized a share repurchase plan on Wednesday, March 4th that permits the company to repurchase $50.00 million in shares. This repurchase authorization permits the company to reacquire up to 3.1% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

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.