Yousif Capital Management LLC Acquires 954 Shares of Arlo Technologies, Inc. $ARLO

Yousif Capital Management LLC lifted its holdings in shares of Arlo Technologies, Inc. (NYSE:ARLO) by 2.5% in the second quarter, according to its most recent filing with the SEC. The firm owned 38,479 shares of the company’s stock after acquiring an additional 954 shares during the period. Yousif Capital Management LLC’s holdings in Arlo Technologies were worth $653,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of Arlo Technologies by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 9,953,767 shares of the company’s stock worth $98,244,000 after acquiring an additional 132,350 shares during the period. Emerald Advisers LLC grew its position in Arlo Technologies by 0.8% in the first quarter. Emerald Advisers LLC now owns 1,679,789 shares of the company’s stock valued at $16,580,000 after acquiring an additional 13,307 shares during the period. Goldman Sachs Group Inc. grew its position in Arlo Technologies by 115.1% in the first quarter. Goldman Sachs Group Inc. now owns 1,552,652 shares of the company’s stock valued at $15,325,000 after acquiring an additional 830,770 shares during the period. Driehaus Capital Management LLC grew its position in Arlo Technologies by 23.5% in the first quarter. Driehaus Capital Management LLC now owns 1,403,502 shares of the company’s stock valued at $13,853,000 after acquiring an additional 267,514 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. grew its position in Arlo Technologies by 11.7% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,107,552 shares of the company’s stock valued at $10,932,000 after acquiring an additional 116,299 shares during the period. 83.18% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Craig Hallum upped their price target on Arlo Technologies from $17.00 to $22.00 and gave the company a “buy” rating in a research report on Friday, August 8th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Arlo Technologies in a research report on Wednesday, October 8th. Zacks Research cut Arlo Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 7th. Wall Street Zen upgraded Arlo Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 11th. Finally, BWS Financial reiterated a “buy” rating and issued a $26.00 price target (up from $24.00) on shares of Arlo Technologies in a research report on Monday, August 11th. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $23.00.

Insider Activity at Arlo Technologies

In related news, CEO Matthew Blake Mcrae sold 520,557 shares of the firm’s 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 transaction, the chief executive officer 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, General Counsel Brian Busse sold 9,171 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $16.99, for a total value of $155,815.29. Following the completion of the transaction, the general counsel owned 669,376 shares in the company, valued at approximately $11,372,698.24. This represents a 1.35% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,364,677 shares of company stock worth $23,729,960 over the last 90 days. Insiders own 5.20% of the company’s stock.

Arlo Technologies Stock Performance

Arlo Technologies stock opened at $18.25 on Thursday. The firm has a market cap of $1.90 billion, a P/E ratio of -260.61 and a beta of 1.72. The business’s fifty day moving average is $17.45 and its two-hundred day moving average is $15.27. Arlo Technologies, Inc. has a 52 week low of $7.84 and a 52 week high of $19.25.

Arlo Technologies (NYSE:ARLO) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.17 earnings per share (EPS) 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 analysts’ expectations 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 quarterly revenue was up 1.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.10 earnings per share. Arlo Technologies has set its Q3 2025 guidance at 0.120-0.180 EPS. On average, equities research analysts predict that Arlo Technologies, Inc. will post -0.29 earnings per share 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.