Arlo Technologies (NYSE:ARLO) CFO Sells $501,911.82 in Stock

Arlo Technologies, Inc. (NYSE:ARLO) CFO Kurtis Binder sold 33,394 shares of Arlo Technologies stock in a transaction on Wednesday, November 4th. The shares were sold at an average price of $15.03, for a total transaction of $501,911.82. Following the completion of the sale, the chief financial officer owned 312,147 shares in the company, valued at $4,691,569.41. The trade was a 9.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kurtis Joseph Binder also recently made the following trade(s):

• On Tuesday, September 29th, Kurtis Binder sold 13,358 shares of Arlo Technologies stock. The stock was sold at an average price of $12.58, for a total transaction of $168,043.64.
• On Monday, September 28th, Kurtis Binder sold 83,211 shares of Arlo Technologies stock. The stock was sold at an average price of $12.44, for a total transaction of $1,035,144.84.

Arlo Technologies Price Performance

Shares of NYSE ARLO opened at $12.38 on Friday. The stock has a market capitalization of $1.34 billion, a price-to-earnings ratio of 56.26 and a beta of 1.59. The business has a 50-day moving average of $13.05 and a 200-day moving average of $13.39. Arlo Technologies, Inc. has a fifty-two week low of $11.05 and a fifty-two week high of $16.89.

Arlo Technologies (NYSE:ARLO) last released its earnings results on Thursday, November 5th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.04. Arlo Technologies had a return on equity of 16.68% and a net margin of 4.11%. The business had revenue of $149.18 million for the quarter, compared to the consensus estimate of $144.93 million. During the same quarter in the previous year, the business earned $0.16 earnings per share. Arlo Technologies’s quarterly revenue was up 6.9% on a year-over-year basis. On average, sell-side analysts expect that Arlo Technologies, Inc. will post 0.12 EPS for the current year.

Hedge Funds Weigh In On Arlo Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Aberdeen Group plc bought a new position in shares of Arlo Technologies in the third quarter valued at about $10,519,000. Russell Investments Group Ltd. boosted its holdings in shares of Arlo Technologies by 75.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 115,935 shares of the company’s stock worth $1,438,000 after buying an additional 49,949 shares during the period. Maryland State Retirement & Pension System boosted its holdings in shares of Arlo Technologies by 52.3% during the 3rd quarter. Maryland State Retirement & Pension System now owns 24,207 shares of the company’s stock worth $300,000 after buying an additional 8,309 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in shares of Arlo Technologies by 4.2% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 65,277 shares of the company’s stock worth $834,000 after buying an additional 2,607 shares during the period. Finally, Covestor Ltd grew its stake in Arlo Technologies by 44.2% in the 3rd quarter. Covestor Ltd now owns 3,029 shares of the company’s stock valued at $38,000 after buying an additional 929 shares during the last quarter. Institutional investors own 83.18% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on ARLO. Weiss Ratings reiterated a “hold (c-)” rating on shares of Arlo Technologies in a research note on Friday, October 30th. Piper Sandler reissued an “overweight” rating and issued a $17.00 target price (up from $16.00) on shares of Arlo Technologies in a research note on Friday. Finally, Wall Street Zen lowered shares of Arlo Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 31st. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $20.40.

Key Headlines Impacting Arlo Technologies

Here are the key news stories impacting Arlo Technologies this week:

• Positive Sentiment: Q3 adjusted EPS was $0.24, above the $0.20 consensus and up from $0.16 a year earlier. Revenue of $149.18 million also topped estimates of $144.93 million, increasing 6.9% year over year. Arlo Reports Third Quarter 2026 Results
• Positive Sentiment: Management said subscriptions and services revenue grew 20%, while adjusted EBITDA rose more than 50% year over year, signaling momentum in recurring revenue and profitability. Arlo Reports Third Quarter 2026 Results
• Positive Sentiment: Piper Sandler reaffirmed its overweight rating and raised its price target to $17 from $16, implying substantial upside from the cited $12.38 share price. Piper Sandler rating and target
• Neutral Sentiment: CFO Kurtis Binder sold 33,394 shares in a transaction under a pre-arranged Rule 10b5-1 plan. He retained 312,147 shares, which may soften concerns about the sale. SEC filing
• Negative Sentiment: Q4 revenue guidance of $137 million–$147 million is below Q3’s $149.18 million, suggesting a sequential slowdown. Despite the earnings beat, reports said the stock fell, with the outlook likely weighing on sentiment. Q3 results and stock reaction

About Arlo Technologies

Arlo Technologies, Inc is a smart home security company that develops connected devices and cloud-based services designed to help consumers monitor and protect their homes, businesses and other properties. Its product portfolio includes wire-free and wired security cameras, video doorbells, floodlight cameras, home security systems and related accessories.

Arlo’s products typically connect through mobile applications and cloud services, providing features such as live video, motion detection, two-way audio, night vision and notifications.