343,100 Shares in Arlo Technologies, Inc. $ARLO Bought by Paradigm Capital Management Inc. NY

Paradigm Capital Management Inc. NY purchased a new stake in Arlo Technologies, Inc. (NYSE:ARLO) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 343,100 shares of the company’s stock, valued at approximately $4,625,000. Paradigm Capital Management Inc. NY owned 0.32% of Arlo Technologies at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of ARLO. Hantz Financial Services Inc. grew its holdings in shares of Arlo Technologies by 763.3% during the fourth quarter. Hantz Financial Services Inc. now owns 1,977 shares of the company’s stock valued at $28,000 after buying an additional 1,748 shares during the last quarter. Quarry LP increased its position in shares of Arlo Technologies by 42.0% during the third quarter. Quarry LP now owns 2,649 shares of the company’s stock worth $45,000 after acquiring an additional 783 shares in the last quarter. Strs Ohio acquired a new stake in shares of Arlo Technologies in the 1st quarter worth about $66,000. Quadrant Capital Group LLC acquired a new stake in shares of Arlo Technologies in the 3rd quarter worth about $86,000. Finally, Quantbot Technologies LP bought a new position in Arlo Technologies in the 2nd quarter valued at about $88,000. Institutional investors own 83.18% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on ARLO shares. UBS Group set a $20.00 price target on Arlo Technologies in a research note on Monday, May 18th. Weiss Ratings lowered Arlo Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, August 3rd. Wall Street Zen raised Arlo Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Raymond James Financial reiterated an “outperform” rating and set a $19.00 price target on shares of Arlo Technologies in a report on Friday, May 8th. Finally, Oppenheimer started coverage on Arlo Technologies in a research report on Monday, May 18th. They issued an “outperform” rating and a $20.00 price target for the company. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $20.60.

Arlo Technologies Stock Performance

Arlo Technologies stock opened at $13.10 on Tuesday. Arlo Technologies, Inc. has a fifty-two week low of $11.05 and a fifty-two week high of $19.94. The firm’s 50-day simple moving average is $13.58 and its 200 day simple moving average is $13.51. The stock has a market cap of $1.42 billion, a PE ratio of 48.52 and a beta of 1.56.

Arlo Technologies (NYSE:ARLO) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.20 by $0.08. Arlo Technologies had a net margin of 5.20% and a return on equity of 17.29%. The firm had revenue of $155.94 million during the quarter, compared to analyst estimates of $148.94 million. During the same quarter last year, the business posted $0.17 EPS. The company’s revenue for the quarter was up 20.5% on a year-over-year basis. Arlo Technologies has set its FY 2026 guidance at 0.900-1.000 EPS and its Q3 2026 guidance at 0.170-0.230 EPS. As a group, analysts predict that Arlo Technologies, Inc. will post 0.12 EPS for the current fiscal year.

Insider Activity at Arlo Technologies

In related news, CFO Kurtis Joseph Binder sold 27,297 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $15.52, for a total transaction of $423,649.44. Following the completion of the sale, the chief financial officer directly owned 442,110 shares of the company’s stock, valued at approximately $6,861,547.20. This trade represents a 5.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 57,775 shares of company stock worth $845,139 over the last three months. Company insiders own 2.90% of the company’s stock.

Arlo Technologies Company Profile

Arlo Technologies, Inc (NYSE: ARLO) is a provider of smart home security products and services designed for residential and small business customers. The company offers a portfolio of wireless and Wi-Fi-enabled security cameras, video doorbells, smart lighting solutions, and associated accessories. Arlo integrates advanced video analytics, motion detection, cloud storage, and two-way audio capabilities to deliver end-to-end security and monitoring solutions accessible through mobile applications and web interfaces.

Founded as a division of Netgear, Inc in 2014 and spun off as an independent public company in 2018, Arlo Technologies has established a presence in North America, Europe, Australia and parts of Asia.