GSA Capital Partners LLP Has $1.98 Million Stock Holdings in Arlo Technologies, Inc. $ARLO

GSA Capital Partners LLP increased its position in shares of Arlo Technologies, Inc. (NYSE:ARLO) by 557.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 141,372 shares of the company’s stock after purchasing an additional 119,857 shares during the period. GSA Capital Partners LLP’s holdings in Arlo Technologies were worth $1,978,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in ARLO. Arrowstreet Capital Limited Partnership boosted its position 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 buying an additional 1,670,156 shares in the last quarter. Wasatch Advisors LP boosted its position in 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 in the last quarter. Marshall Wace LLP raised its stake in shares of Arlo Technologies by 69.1% during 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 last quarter. Goldman Sachs Group Inc. raised its stake in shares of Arlo Technologies by 115.1% during the first quarter. Goldman Sachs Group Inc. now owns 1,552,652 shares of the company’s stock valued at $15,325,000 after acquiring an additional 830,770 shares during the last quarter. Finally, Millennium Management LLC raised its stake in shares of Arlo Technologies by 96.4% during the third quarter. Millennium Management LLC now owns 1,230,312 shares of the company’s stock valued at $20,854,000 after acquiring an additional 604,018 shares during the last quarter. Institutional investors and hedge funds own 83.18% of the company’s stock.

Insider Buying and Selling at Arlo Technologies

In other Arlo Technologies news, 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 directly owned 1,168,866 shares of the company’s stock, valued at approximately $16,106,973.48. The trade was a 11.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Kurtis Joseph Binder sold 65,000 shares of Arlo Technologies stock in a transaction on Friday, May 8th. The shares were sold at an average price of $15.70, for a total transaction of $1,020,500.00. Following the completion of the sale, the chief financial officer directly owned 499,885 shares of the company’s stock, valued at approximately $7,848,194.50. This trade represents a 11.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 530,478 shares of company stock valued at $7,542,693. Corporate insiders own 2.90% of the company’s stock.

Arlo Technologies Stock Down 1.2%

Shares of NYSE ARLO opened at $12.80 on Wednesday. Arlo Technologies, Inc. has a twelve month low of $11.05 and a twelve month high of $19.94. The firm has a fifty day simple moving average of $14.03 and a 200 day simple moving average of $13.92. The company has a market capitalization of $1.39 billion, a PE ratio of 47.41 and a beta of 1.60.

Arlo Technologies (NYSE:ARLO) last announced its earnings results on Thursday, May 7th. The company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.09. Arlo Technologies had a net margin of 5.47% and a return on equity of 18.66%. The business had revenue of $150.38 million during the quarter, compared to the consensus estimate of $139.73 million. During the same quarter last year, the firm earned $0.15 earnings per share. Arlo Technologies’s quarterly revenue was up 26.3% on a year-over-year basis. Arlo Technologies has set its Q2 2026 guidance at 0.17-0.230 EPS. As a group, equities analysts expect that Arlo Technologies, Inc. will post 0.16 earnings per share for the current fiscal year.

Arlo Technologies announced that its board has authorized a stock repurchase plan on Wednesday, March 4th that authorizes the company to repurchase $50.00 million in shares. This repurchase authorization authorizes the company to purchase up to 3.1% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Oppenheimer assumed coverage on shares of Arlo Technologies in a research note on Monday. They set an “outperform” rating and a $20.00 price target for the company. Raymond James Financial reaffirmed an “outperform” rating and set a $19.00 price target on shares of Arlo Technologies in a research note on Friday, May 8th. UBS Group set a $20.00 price target on shares of Arlo Technologies in a research note on Monday. Finally, Weiss Ratings raised shares of Arlo Technologies from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $21.40.

About Arlo Technologies

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.