62,000 Shares in Arlo Technologies, Inc. $ARLO Purchased by Teton Advisors LLC

Teton Advisors LLC acquired a new stake in shares of Arlo Technologies, Inc. (NYSE:ARLO) in the 3rd quarter, HoldingsChannel reports. The firm acquired 62,000 shares of the company’s stock, valued at approximately $1,051,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Smartleaf Asset Management LLC increased its holdings in shares of Arlo Technologies by 86.0% in the third quarter. Smartleaf Asset Management LLC now owns 1,616 shares of the company’s stock valued at $28,000 after purchasing an additional 747 shares during the period. First Horizon Advisors Inc. raised its stake in shares of Arlo Technologies by 161.4% during the second quarter. First Horizon Advisors Inc. now owns 3,220 shares of the company’s stock worth $55,000 after purchasing an additional 1,988 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Arlo Technologies by 1,682.9% during the second 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. Strs Ohio acquired a new stake in shares of Arlo Technologies during the first quarter worth $66,000. Finally, Farther Finance Advisors LLC grew its position in Arlo Technologies by 75,255.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,782 shares of the company’s stock valued at $115,000 after buying an additional 6,773 shares during the last quarter. 83.18% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Arlo Technologies

In other news, CFO Kurtis Joseph Binder sold 55,043 shares of the stock in a transaction on Friday, January 9th. The stock was sold at an average price of $13.69, for a total value of $753,538.67. Following the completion of the transaction, the chief financial officer owned 460,970 shares of the company’s stock, valued at approximately $6,310,679.30. This represents a 10.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, General Counsel Brian Busse sold 31,407 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $12.29, for a total transaction of $385,992.03. Following the completion of the transaction, the general counsel owned 552,850 shares of the company’s stock, valued at $6,794,526.50. This trade represents a 5.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 484,145 shares of company stock worth $6,383,386. 5.20% of the stock is currently owned by insiders.

Arlo Technologies Stock Down 2.3%

Arlo Technologies stock opened at $13.90 on Friday. The firm has a fifty day moving average of $13.14 and a 200-day moving average of $15.24. The firm has a market capitalization of $1.49 billion, a P/E ratio of 106.93 and a beta of 1.65. Arlo Technologies, Inc. has a 52-week low of $7.84 and a 52-week high of $19.94.

Arlo Technologies (NYSE:ARLO) last posted its earnings results on Thursday, February 26th. The company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.06. The business had revenue of $141.30 million for the quarter, compared to analysts’ expectations of $135.57 million. Arlo Technologies had a net margin of 2.82% and a return on equity of 10.76%. The business’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.10 earnings per share. Arlo Technologies has set its Q1 2026 guidance at 0.170-0.230 EPS. On average, research analysts expect that Arlo Technologies, Inc. will post -0.29 EPS for the current fiscal year.

Arlo Technologies announced that its board has initiated a share repurchase program on Wednesday, March 4th that authorizes the company to repurchase $50.00 million in shares. This repurchase authorization authorizes the company to repurchase up to 3.1% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

ARLO has been the topic of several recent research reports. BWS Financial reissued a “buy” rating and issued a $26.00 price objective on shares of Arlo Technologies in a research note on Tuesday, November 11th. Zacks Research downgraded Arlo Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Finally, Weiss Ratings lowered Arlo Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 20th. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $23.33.

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.