Kurtis Joseph Binder Sells 13,971 Shares of Arlo Technologies (NYSE:ARLO) Stock

Arlo Technologies, Inc. (NYSE:ARLO) CFO Kurtis Joseph Binder sold 13,971 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $15.01, for a total value of $209,704.71. Following the sale, the chief financial officer owned 469,407 shares of the company’s stock, valued at $7,045,799.07. This trade represents a 2.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kurtis Joseph Binder also recently made the following trade(s):

• On Tuesday, August 4th, Kurtis Joseph Binder sold 27,297 shares of Arlo Technologies stock. The shares were sold at an average price of $15.52, for a total transaction of $423,649.44.
• On Monday, July 6th, Kurtis Joseph Binder sold 16,507 shares of Arlo Technologies stock. The shares were sold at an average price of $12.83, for a total transaction of $211,784.81.
• On Friday, May 8th, Kurtis Joseph Binder sold 65,000 shares of Arlo Technologies stock. The stock was sold at an average price of $15.70, for a total transaction of $1,020,500.00.

Arlo Technologies Stock Down 3.1%

Shares of NYSE:ARLO opened at $15.44 on Friday. 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 $13.35 and its 200-day simple moving average is $13.45. The company has a market cap of $1.68 billion, a price-to-earnings ratio of 57.20 and a beta of 1.56.

Arlo Technologies (NYSE:ARLO) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.08. Arlo Technologies had a net margin of 5.47% and a return on equity of 18.66%. The firm had revenue of $155.94 million during the quarter, compared to the consensus estimate of $148.94 million. During the same quarter last year, the firm earned $0.17 earnings per share. The firm’s revenue was up 20.5% compared to the same quarter last year. 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. On average, research analysts forecast that Arlo Technologies, Inc. will post 0.2 EPS for the current year.

Analyst Upgrades and Downgrades

ARLO has been the topic of a number of recent analyst reports. William Blair assumed coverage on Arlo Technologies in a report on Tuesday, July 7th. They set an “outperform” rating on the stock. Piper Sandler initiated coverage on Arlo Technologies in a report on Sunday, July 26th. They issued an “overweight” rating and a $17.00 target price for the company. Raymond James Financial restated an “outperform” rating and set a $19.00 target price on shares of Arlo Technologies in a research report on Friday, May 8th. Weiss Ratings cut shares of Arlo Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday. Finally, Oppenheimer assumed coverage on shares of Arlo Technologies in a research note on Monday, May 18th. They issued an “outperform” rating and a $20.00 price objective for the company. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Arlo Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $20.67.

Hedge Funds Weigh In On Arlo Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of ARLO. Hantz Financial Services Inc. increased its position in shares of Arlo Technologies by 763.3% in 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 in the last quarter. Quarry LP grew its stake in Arlo Technologies by 42.0% in the 3rd quarter. Quarry LP now owns 2,649 shares of the company’s stock valued at $45,000 after acquiring an additional 783 shares during the last quarter. Strs Ohio purchased a new position in Arlo Technologies during the 1st quarter valued at about $66,000. Quadrant Capital Group LLC acquired a new position in Arlo Technologies during the third quarter worth about $86,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Arlo Technologies by 1,682.9% in the second quarter. EverSource Wealth Advisors LLC now owns 5,616 shares of the company’s stock valued at $95,000 after purchasing an additional 5,301 shares in the last quarter. 83.18% of the stock is owned by institutional investors and hedge funds.

Arlo Technologies News Roundup

Here are the key news stories impacting Arlo Technologies this week:

• Positive Sentiment: Q2 results beat estimates: Arlo reported adjusted earnings of $0.28 per share, above the $0.20 consensus and up from $0.17 a year earlier. Revenue increased 20.5% year over year to $155.94 million, exceeding estimates of $148.94 million. Arlo Technologies Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised the outlook above Wall Street expectations: Third-quarter EPS guidance of $0.17–$0.23 and revenue guidance of $140 million–$150 million exceed consensus estimates of $0.14 and $133.2 million, respectively. Full-year 2026 EPS guidance of $0.90–$1.00 and revenue guidance of $580 million–$600 million also surpass consensus estimates of $0.71 and $565.7 million. This points to continued demand for Arlo’s smart-home security products and services.
• Neutral Sentiment: Profitability remains positive but relatively modest: Arlo reported a 5.47% net margin and an 18.66% return on equity. The earnings beat and higher guidance improve the fundamental picture, although the stock’s valuation remains elevated at roughly 57 times earnings based on the provided data. Arlo Technologies Earnings Report and Conference Call
• Negative Sentiment: CFO selling could pressure sentiment: CFO Kurtis Joseph Binder sold 27,297 shares for approximately $423,649 and another 13,971 shares for approximately $209,705. Both transactions were made under a pre-arranged Rule 10b5-1 plan, reducing their significance as a signal of deteriorating business prospects, but the sales may nevertheless encourage profit-taking.

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.