Swiss National Bank Sells 2,200 Shares of Arlo Technologies, Inc. $ARLO

Swiss National Bank cut its stake in Arlo Technologies, Inc. (NYSE:ARLO) by 1.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 194,400 shares of the company’s stock after selling 2,200 shares during the quarter. Swiss National Bank owned 0.19% of Arlo Technologies worth $1,919,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. GAMMA Investing LLC grew its stake in shares of Arlo Technologies by 40.9% in the first quarter. GAMMA Investing LLC now owns 7,212 shares of the company’s stock worth $71,000 after acquiring an additional 2,095 shares during the period. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Arlo Technologies in the first quarter worth approximately $123,000. CWM LLC grew its stake in shares of Arlo Technologies by 185.6% in the first quarter. CWM LLC now owns 12,826 shares of the company’s stock worth $127,000 after acquiring an additional 8,335 shares during the period. Bank of Montreal Can bought a new stake in shares of Arlo Technologies in the fourth quarter worth approximately $130,000. Finally, Hsbc Holdings PLC grew its position in Arlo Technologies by 9.7% during the fourth quarter. Hsbc Holdings PLC now owns 12,470 shares of the company’s stock valued at $140,000 after buying an additional 1,103 shares during the period. 83.18% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Craig Hallum boosted their target price on shares of Arlo Technologies from $17.00 to $22.00 and gave the company a “buy” rating in a research report on Friday, August 8th. BWS Financial restated a “buy” rating and set a $26.00 target price (up from $24.00) on shares of Arlo Technologies in a research report on Monday, August 11th. Finally, Raymond James Financial restated an “outperform” rating and set a $22.00 target price (up from $15.00) on shares of Arlo Technologies in a research report on Friday, August 8th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $23.00.

Insider Buying and Selling at Arlo Technologies

In other news, CFO Kurtis Joseph Binder sold 113,912 shares of the firm’s stock in a transaction on Friday, August 8th. The shares were sold at an average price of $18.56, for a total transaction of $2,114,206.72. Following the sale, the chief financial officer directly owned 809,615 shares in the company, valued at $15,026,454.40. This trade represents a 12.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Matthew Blake Mcrae sold 520,557 shares of the firm’s stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $17.40, for a total transaction of $9,057,691.80. Following the sale, the chief executive officer owned 1,621,835 shares in the company, valued at $28,219,929. The trade was a 24.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 2,306,967 shares of company stock worth $39,664,516 over the last 90 days. Insiders own 5.20% of the company’s stock.

Arlo Technologies Price Performance

Shares of NYSE ARLO opened at $17.5360 on Friday. The firm has a fifty day moving average price of $16.69 and a 200-day moving average price of $13.37. The stock has a market cap of $1.83 billion, a PE ratio of -250.48 and a beta of 1.85. Arlo Technologies, Inc. has a 1 year low of $7.84 and a 1 year high of $19.25.

Arlo Technologies (NYSE:ARLO) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.15 by $0.02. The firm had revenue of $129.41 million for the quarter, compared to the consensus estimate of $123.33 million. Arlo Technologies had a negative net margin of 1.38% and a negative return on equity of 6.69%. The company’s revenue was up 1.6% on a year-over-year basis. During the same period last year, the firm earned $0.10 EPS. Arlo Technologies has set its Q3 2025 guidance at 0.120-0.180 EPS. On average, research analysts expect that Arlo Technologies, Inc. will post -0.29 EPS for the current year.

Arlo Technologies Profile

Arlo Technologies, Inc, together with its subsidiaries, provides a cloud-based platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. The company offers Arlo Essential Cameras and Doorbells (2nd Generation) delivers smart home protection, including automated privacy shield, 180-degree field of view, and 2K video resolution; Arlo Home Security System, an all-in-one multi-sensor that provides access to security experts for monitoring and responding to emergency situations; Arlo Pro 5S, a wireless 2K video resolution security camera; Arlo Go 2, a camera for monitoring remote areas, large properties, construction sites, vacation homes, boat or RV slips, and hard-to-access areas; Arlo Ultra 2 provides 4K video with HDR, an ultra-wide, 180-degree field of view, auto zoom and tracking on moving objects, and color night vision; and Arlo Floodlight Camera, a wire-free floodlight camera.