Charles Schwab Investment Management Inc. Trims Stock Holdings in Arlo Technologies, Inc. $ARLO

Charles Schwab Investment Management Inc. reduced its holdings in shares of Arlo Technologies, Inc. (NYSE:ARLO) by 6.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 978,521 shares of the company’s stock after selling 68,384 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.94% of Arlo Technologies worth $9,658,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of ARLO. GAMMA Investing LLC lifted its holdings in shares of Arlo Technologies by 40.9% during the first quarter. GAMMA Investing LLC now owns 7,212 shares of the company’s stock worth $71,000 after purchasing an additional 2,095 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new position in Arlo Technologies during the 1st quarter worth $123,000. Hsbc Holdings PLC lifted its stake in shares of Arlo Technologies by 9.7% in the 4th quarter. Hsbc Holdings PLC now owns 12,470 shares of the company’s stock worth $140,000 after acquiring an additional 1,103 shares during the period. Bridgefront Capital LLC purchased a new stake in shares of Arlo Technologies in the fourth quarter valued at about $141,000. Finally, CWM LLC increased its stake in shares of Arlo Technologies by 185.6% during 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. 83.18% of the stock is currently owned by institutional investors and hedge funds.

Arlo Technologies Price Performance

NYSE:ARLO opened at $17.02 on Tuesday. The firm has a market cap of $1.78 billion, a PE ratio of -243.11 and a beta of 1.85. The firm has a 50 day simple moving average of $16.68 and a 200-day simple moving average of $13.42. Arlo Technologies, Inc. has a 1-year low of $7.84 and a 1-year high of $19.25.

Arlo Technologies (NYSE:ARLO) last released its earnings results on Thursday, August 7th. The company reported $0.17 earnings per share for the quarter, topping 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 return on equity of 6.69% and a negative net margin of 1.38%.The firm’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.10 earnings per share. Arlo Technologies has set its Q3 2025 guidance at 0.120-0.180 EPS. As a group, sell-side analysts expect that Arlo Technologies, Inc. will post -0.29 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Kurtis Joseph Binder sold 113,912 shares of the stock in a transaction dated 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 owned 809,615 shares in the company, valued at $15,026,454.40. This represents a 12.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through 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 value of $9,057,691.80. Following the completion of 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 sold a total of 2,306,967 shares of company stock worth $39,664,516 in the last quarter. 3.80% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

ARLO has been the topic of a number of recent analyst reports. Raymond James Financial reaffirmed an “outperform” rating and set a $22.00 price objective (up previously from $15.00) on shares of Arlo Technologies in a 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, Craig Hallum increased their price target on shares of Arlo Technologies from $17.00 to $22.00 and gave the company a “buy” rating in a report on Friday, August 8th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $23.00.

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.