Westwood Holdings Group Inc. Cuts Stake in Arlo Technologies, Inc. $ARLO

Westwood Holdings Group Inc. trimmed its holdings in Arlo Technologies, Inc. (NYSE:ARLO) by 25.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 118,062 shares of the company’s stock after selling 40,613 shares during the quarter. Westwood Holdings Group Inc. owned approximately 0.11% of Arlo Technologies worth $2,002,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Caxton Associates LLP purchased a new position in shares of Arlo Technologies in the second quarter worth $398,000. Castleark Management LLC bought a new stake in Arlo Technologies in the 2nd quarter valued at $3,505,000. Public Sector Pension Investment Board lifted its stake in Arlo Technologies by 10.8% in the 2nd quarter. Public Sector Pension Investment Board now owns 352,471 shares of the company’s stock worth $5,978,000 after purchasing an additional 34,287 shares in the last quarter. FORA Capital LLC purchased a new position in shares of Arlo Technologies during the second quarter valued at about $206,000. Finally, CANADA LIFE ASSURANCE Co lifted its position in shares of Arlo Technologies by 1.2% in the second quarter. CANADA LIFE ASSURANCE Co now owns 115,861 shares of the company’s stock worth $1,965,000 after buying an additional 1,399 shares in the last quarter. 83.18% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Arlo Technologies

In related news, CEO Matthew Blake Mcrae sold 257,242 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $14.28, for a total value of $3,673,415.76. Following the sale, the chief executive officer directly owned 941,586 shares of the company’s stock, valued at $13,445,848.08. This represents a 21.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Kurtis Joseph Binder sold 135,494 shares of the firm’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $16.89, for a total transaction of $2,288,493.66. Following the completion of the sale, the chief financial officer directly owned 467,681 shares of the company’s stock, valued at approximately $7,899,132.09. The trade was a 22.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 798,611 shares of company stock worth $12,529,158. Insiders own 3.80% of the company’s stock.

Arlo Technologies Stock Performance

NYSE:ARLO opened at $13.41 on Tuesday. The firm has a market capitalization of $1.42 billion, a PE ratio of 447.18 and a beta of 1.73. The stock’s fifty day moving average is $16.00 and its 200 day moving average is $16.59. Arlo Technologies, Inc. has a fifty-two week low of $7.84 and a fifty-two week high of $19.94.

Arlo Technologies (NYSE:ARLO) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.15 by $0.01. Arlo Technologies had a net margin of 0.84% and a return on equity of 2.00%. The company had revenue of $139.53 million during the quarter, compared to analyst estimates of $138.69 million. During the same period in the previous year, the firm earned $0.11 earnings per share. Arlo Technologies’s quarterly revenue was up 1.3% compared to the same quarter last year. Arlo Technologies has set its Q4 2025 guidance at 0.130-0.190 EPS. Equities analysts forecast that Arlo Technologies, Inc. will post -0.29 EPS for the current year.

Analyst Ratings Changes

ARLO has been the subject of several research analyst reports. BWS Financial restated a “buy” rating and set a $26.00 price target on shares of Arlo Technologies in a report on Tuesday, November 11th. Weiss Ratings reissued a “hold (c-)” rating on shares of Arlo Technologies in a report on Monday, December 8th. Zacks Research raised shares of Arlo Technologies from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 14th. Finally, Wall Street Zen raised shares of Arlo Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 11th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Arlo Technologies has an average rating of “Buy” and an average price target of $23.00.

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.