GAMMA Investing LLC Decreases Holdings in Arlo Technologies, Inc. $ARLO

GAMMA Investing LLC trimmed its holdings in shares of Arlo Technologies, Inc. (NYSE:ARLO) by 16.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,009 shares of the company’s stock after selling 1,203 shares during the period. GAMMA Investing LLC’s holdings in Arlo Technologies were worth $102,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Strs Ohio purchased a new stake in shares of Arlo Technologies during the 1st quarter valued at about $66,000. Magnetar Financial LLC acquired a new stake in Arlo Technologies in the first quarter valued at approximately $117,000. Fox Run Management L.L.C. acquired a new stake in Arlo Technologies in the first quarter valued at approximately $119,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Arlo Technologies in the first quarter valued at $123,000. Finally, CWM LLC lifted its holdings in Arlo Technologies by 185.6% in the 1st quarter. CWM LLC now owns 12,826 shares of the company’s stock worth $127,000 after buying an additional 8,335 shares in the last quarter. Institutional investors and hedge funds own 83.18% of the company’s stock.

Arlo Technologies Trading Down 0.1%

ARLO stock opened at $16.93 on Thursday. Arlo Technologies, Inc. has a one year low of $7.84 and a one year high of $19.25. The firm has a 50-day moving average of $17.16 and a two-hundred day moving average of $14.52. The firm has a market capitalization of $1.77 billion, a PE ratio of -241.77 and a beta of 1.72.

Arlo Technologies (NYSE:ARLO) last posted its quarterly earnings data 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. Arlo Technologies had a negative net margin of 1.38% and a negative return on equity of 6.69%. The firm had revenue of $129.41 million for the quarter, compared to analysts’ expectations of $123.33 million. During the same period in the previous year, the company posted $0.10 EPS. The company’s quarterly revenue was up 1.6% compared to the same quarter last year. Arlo Technologies has set its Q3 2025 guidance at 0.120-0.180 EPS. On average, equities research analysts anticipate that Arlo Technologies, Inc. will post -0.29 earnings per share for the current year.

Analyst Ratings Changes

ARLO has been the topic of a number of recent analyst reports. BWS Financial reiterated a “buy” rating and issued a $26.00 price objective (up previously from $24.00) on shares of Arlo Technologies in a report on Monday, August 11th. Craig Hallum raised their price objective on 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 restated an “outperform” rating and set a $22.00 price objective (up previously from $15.00) on shares of Arlo Technologies in a research note on Friday, August 8th. Wall Street Zen upgraded Arlo Technologies from a “buy” rating to a “strong-buy” rating in a research note on Sunday, September 21st. Finally, Zacks Research upgraded Arlo Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 25th. One analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $23.00.

Insider Activity

In related news, CEO Matthew Blake Mcrae sold 520,557 shares of the stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 1,621,835 shares of the company’s stock, valued at approximately $28,219,929. This represents a 24.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Kurtis Joseph Binder sold 135,494 shares of the company’s stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $16.89, for a total value of $2,288,493.66. Following the completion of the transaction, the chief financial officer owned 467,681 shares in the company, valued at $7,899,132.09. This represents a 22.46% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,208,408 shares of company stock valued at $21,032,065. Company insiders own 5.20% of the company’s stock.

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.