Hsbc Holdings PLC Increases Stock Holdings in Arlo Technologies, Inc. $ARLO

Hsbc Holdings PLC boosted its position in Arlo Technologies, Inc. (NYSE:ARLO) by 137.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 29,667 shares of the company’s stock after purchasing an additional 17,197 shares during the quarter. Hsbc Holdings PLC’s holdings in Arlo Technologies were worth $290,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its stake in Arlo Technologies by 40.9% in the 1st 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 last quarter. Fox Run Management L.L.C. acquired a new position in Arlo Technologies in the 1st quarter valued at about $119,000. Wealth Enhancement Advisory Services LLC acquired a new position in Arlo Technologies in the 1st quarter valued at about $123,000. Bridgefront Capital LLC acquired a new position in Arlo Technologies in the 4th quarter valued at about $141,000. Finally, CWM LLC raised its stake in Arlo Technologies by 185.6% in the 1st quarter. CWM LLC now owns 12,826 shares of the company’s stock valued at $127,000 after purchasing an additional 8,335 shares during the last quarter. Institutional investors and hedge funds own 83.18% of the company’s stock.

Analysts Set New Price Targets

ARLO has been the subject of several analyst reports. Zacks Research raised shares of Arlo Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 25th. 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 note on Friday, August 8th. Raymond James Financial reissued an “outperform” rating and issued a $22.00 target price (up previously from $15.00) on shares of Arlo Technologies in a research note on Friday, August 8th. Finally, BWS Financial restated a “buy” rating and issued a $26.00 price target (up previously from $24.00) on shares of Arlo Technologies in a report on Monday, August 11th. One research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company. According to MarketBeat, Arlo Technologies presently has an average rating of “Buy” and a consensus price target of $23.00.

Arlo Technologies Price Performance

NYSE ARLO opened at $18.26 on Friday. The firm has a market capitalization of $1.91 billion, a P/E ratio of -260.75 and a beta of 1.75. Arlo Technologies, Inc. has a 1-year low of $7.84 and a 1-year high of $19.25. The business’s 50-day simple moving average is $16.79 and its 200-day simple moving average is $13.74.

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

Insider Activity

In related news, CFO Kurtis Joseph Binder sold 113,912 shares of the business’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 transaction, the chief financial officer directly owned 809,615 shares of the company’s stock, valued at approximately $15,026,454.40. The trade was a 12.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Matthew Blake Mcrae sold 520,557 shares of the business’s stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $17.40, for a total value of $9,057,691.80. Following the transaction, the chief executive officer directly owned 1,621,835 shares in the company, valued at $28,219,929. This trade represents 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 over the last ninety days. Corporate insiders own 5.20% of the company’s stock.

Arlo Technologies Company 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.