Arlo Technologies, Inc. $ARLO Shares Sold by Deutsche Bank AG

Deutsche Bank AG lowered its position in Arlo Technologies, Inc. (NYSE:ARLO) by 8.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 76,131 shares of the company’s stock after selling 7,066 shares during the quarter. Deutsche Bank AG owned about 0.07% of Arlo Technologies worth $751,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Arlo Technologies in the first quarter valued at approximately $123,000. Allspring Global Investments Holdings LLC increased its stake in shares of Arlo Technologies by 24.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 53,081 shares of the company’s stock valued at $518,000 after purchasing an additional 10,448 shares during the period. GAMMA Investing LLC increased 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 valued at $71,000 after purchasing an additional 2,095 shares during the period. Bank of New York Mellon Corp increased its stake in shares of Arlo Technologies by 2.2% in the first quarter. Bank of New York Mellon Corp now owns 720,618 shares of the company’s stock valued at $7,113,000 after purchasing an additional 15,811 shares during the period. Finally, SG Americas Securities LLC increased its stake in shares of Arlo Technologies by 21.5% in the first quarter. SG Americas Securities LLC now owns 33,130 shares of the company’s stock valued at $327,000 after purchasing an additional 5,862 shares during the period. Institutional investors and hedge funds own 83.18% of the company’s stock.

Analyst Ratings Changes

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

Insider Buying and Selling

In related news, CEO Matthew Blake Mcrae sold 520,557 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the chief executive officer directly owned 1,621,835 shares in the company, valued at approximately $28,219,929. This trade represents a 24.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Kurtis Joseph Binder sold 113,912 shares of the firm’s stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $18.56, for a total transaction of $2,114,206.72. Following the sale, the chief financial officer owned 809,615 shares of the company’s stock, valued at $15,026,454.40. The trade was a 12.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,306,967 shares of company stock valued at $39,664,516 over the last 90 days. 3.80% of the stock is currently owned by insiders.

Arlo Technologies Price Performance

NYSE ARLO opened at $17.02 on Tuesday. Arlo Technologies, Inc. has a 12 month low of $7.84 and a 12 month high of $19.25. The firm has a market capitalization of $1.78 billion, a PE ratio of -243.11 and a beta of 1.85. The company’s 50 day simple moving average is $16.68 and its 200 day simple moving average is $13.42.

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