Louisiana State Employees Retirement System Makes New $669,000 Investment in Arlo Technologies, Inc. $ARLO

Louisiana State Employees Retirement System purchased a new position in shares of Arlo Technologies, Inc. (NYSE:ARLO) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 47,000 shares of the company’s stock, valued at approximately $669,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hantz Financial Services Inc. grew its stake in Arlo Technologies by 763.3% in the 4th quarter. Hantz Financial Services Inc. now owns 1,977 shares of the company’s stock worth $28,000 after acquiring an additional 1,748 shares in the last quarter. Quarry LP raised its stake in shares of Arlo Technologies by 42.0% during the third quarter. Quarry LP now owns 2,649 shares of the company’s stock valued at $45,000 after acquiring an additional 783 shares in the last quarter. Strs Ohio purchased a new stake in shares of Arlo Technologies in the first quarter valued at approximately $66,000. Quadrant Capital Group LLC bought a new position in Arlo Technologies in the third quarter worth approximately $86,000. Finally, EverSource Wealth Advisors LLC increased its holdings in Arlo Technologies by 1,682.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,616 shares of the company’s stock worth $95,000 after purchasing an additional 5,301 shares during the period. 83.18% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Weiss Ratings upgraded Arlo Technologies from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 11th. William Blair began coverage on Arlo Technologies in a research note on Tuesday. They set an “outperform” rating on the stock. UBS Group set a $20.00 price objective on Arlo Technologies in a report on Monday, May 18th. Raymond James Financial reaffirmed an “outperform” rating and issued a $19.00 price objective on shares of Arlo Technologies in a research note on Friday, May 8th. Finally, Oppenheimer started coverage on shares of Arlo Technologies in a report on Monday, May 18th. They set an “outperform” rating and a $20.00 target price on the stock. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Arlo Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $21.40.

Arlo Technologies Stock Performance

Arlo Technologies stock traded up $0.18 during mid-day trading on Tuesday, reaching $13.37. 145,302 shares of the company were exchanged, compared to its average volume of 1,373,858. The business has a fifty day moving average of $13.26 and a 200 day moving average of $13.47. The firm has a market cap of $1.45 billion, a P/E ratio of 49.48 and a beta of 1.55. Arlo Technologies, Inc. has a 12-month low of $11.05 and a 12-month high of $19.94.

Arlo Technologies (NYSE:ARLO) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. The business had revenue of $150.38 million for the quarter, compared to the consensus estimate of $139.72 million. Arlo Technologies had a return on equity of 18.66% and a net margin of 5.47%.The business’s revenue was up 26.3% compared to the same quarter last year. During the same period last year, the business posted $0.15 EPS. Arlo Technologies has set its Q2 2026 guidance at 0.17-0.230 EPS. Sell-side analysts predict that Arlo Technologies, Inc. will post 0.2 EPS for the current year.

Insider Activity at Arlo Technologies

In other news, CFO Kurtis Joseph Binder sold 16,507 shares of the firm’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $12.83, for a total value of $211,784.81. Following the sale, the chief financial officer directly owned 483,378 shares in the company, valued at approximately $6,201,739.74. This trade represents a 3.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 106,507 shares of company stock worth $1,612,035 over the last ninety days. Corporate insiders own 2.90% 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.