Arlo Technologies, Inc. $ARLO is Rice Hall James & Associates LLC’s 3rd Largest Position

Rice Hall James & Associates LLC raised its holdings in Arlo Technologies, Inc. (NYSE:ARLO) by 2.3% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 3,659,888 shares of the company’s stock after acquiring an additional 83,276 shares during the period. Arlo Technologies accounts for about 2.9% of Rice Hall James & Associates LLC’s holdings, making the stock its 3rd biggest position. Rice Hall James & Associates LLC’s holdings in Arlo Technologies were worth $52,080,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in ARLO. Hantz Financial Services Inc. grew its position in shares of Arlo Technologies by 763.3% in the fourth quarter. Hantz Financial Services Inc. now owns 1,977 shares of the company’s stock valued at $28,000 after purchasing an additional 1,748 shares during the period. Quarry LP increased its stake in Arlo Technologies by 42.0% in the third quarter. Quarry LP now owns 2,649 shares of the company’s stock valued at $45,000 after purchasing an additional 783 shares during the last quarter. Strs Ohio purchased a new position in Arlo Technologies during the first quarter worth about $66,000. Quadrant Capital Group LLC purchased a new position in Arlo Technologies during the third quarter worth about $86,000. Finally, EverSource Wealth Advisors LLC boosted its stake in Arlo Technologies by 1,682.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,616 shares of the company’s stock worth $95,000 after buying an additional 5,301 shares during the last quarter. Hedge funds and other institutional investors own 83.18% of the company’s stock.

Wall Street Analyst Weigh In

ARLO has been the subject of several recent analyst reports. Raymond James Financial restated an “outperform” rating and issued a $19.00 price target on shares of Arlo Technologies in a report on Friday, May 8th. William Blair began coverage on shares of Arlo Technologies in a report on Tuesday, July 7th. They set an “outperform” rating on the stock. Oppenheimer began coverage on shares of Arlo Technologies in a report on Monday, May 18th. They set an “outperform” rating and a $20.00 price objective on the stock. UBS Group set a $20.00 target price on shares of Arlo Technologies in a research report on Monday, May 18th. Finally, Weiss Ratings upgraded shares of Arlo Technologies from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 11th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Arlo Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $21.40.

Arlo Technologies Trading Up 2.8%

Shares of Arlo Technologies stock opened at $12.89 on Friday. The business’s fifty day moving average price is $13.02 and its 200 day moving average price is $13.39. Arlo Technologies, Inc. has a twelve month low of $11.05 and a twelve month high of $19.94. The stock has a market capitalization of $1.40 billion, a P/E ratio of 47.73 and a beta of 1.55.

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

Insider Activity

In other news, CFO Kurtis Joseph Binder sold 16,507 shares of the business’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $12.83, for a total transaction of $211,784.81. Following the completion of the sale, the chief financial officer owned 483,378 shares in the company, valued at approximately $6,201,739.74. The trade was a 3.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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.