Arlo Technologies, Inc. $ARLO Shares Sold by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG reduced its holdings in Arlo Technologies by 22%, owning 67,822 shares worth approximately $669,000 after selling 19,138 shares.
• Arlo Technologies reported a quarterly EPS of $0.17, surpassing analyst expectations, with revenues of $129.41 million, up 1.6% from the previous year.
• Analysts have raised their price targets for Arlo Technologies, with a consensus target price of $23.00 and multiple firms giving it a "buy" or "strong-buy" rating.

B. Metzler seel. Sohn & Co. AG decreased its position in shares of Arlo Technologies, Inc. (NYSE:ARLO - Free Report) by 22.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,822 shares of the company's stock after selling 19,138 shares during the period. B. Metzler seel. Sohn & Co. AG owned about 0.07% of Arlo Technologies worth $669,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. GAMMA Investing LLC lifted its stake in shares of Arlo Technologies by 40.9% in the 1st quarter. GAMMA Investing LLC now owns 7,212 shares of the company's stock valued at $71,000 after purchasing an additional 2,095 shares in the last quarter. Fox Run Management L.L.C. bought a new stake in Arlo Technologies during the 1st quarter worth approximately $119,000. Wealth Enhancement Advisory Services LLC bought a new position in Arlo Technologies during the first quarter worth about $123,000. CWM LLC lifted its position in Arlo Technologies by 185.6% during the first quarter. CWM LLC now owns 12,826 shares of the company's stock worth $127,000 after purchasing an additional 8,335 shares during the period. Finally, Versor Investments LP bought a new position in Arlo Technologies in the 1st quarter valued at approximately $131,000. Institutional investors and hedge funds own 83.18% of the company's stock.

Insider Buying and Selling at Arlo Technologies

In other news, CEO Matthew Blake Mcrae sold 520,557 shares of the company's stock in a transaction on 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 of the company's stock, valued at $28,219,929. This represents a 24.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Kurtis Joseph Binder sold 113,912 shares of the company's stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $18.56, for a total transaction of $2,114,206.72. Following the completion of the transaction, the chief financial officer owned 809,615 shares in the company, valued at approximately $15,026,454.40. This represents a 12.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 2,306,967 shares of company stock worth $39,664,516. Insiders own 3.80% of the company's stock.

Arlo Technologies Trading Down 1.9%

Shares of NYSE ARLO traded down $0.35 during midday trading on Thursday, hitting $18.06. The company's stock had a trading volume of 712,005 shares, compared to its average volume of 1,103,352. The business's 50 day moving average is $16.78 and its two-hundred day moving average is $13.70. Arlo Technologies, Inc. has a 12-month low of $7.84 and a 12-month high of $19.25. The firm has a market cap of $1.88 billion, a P/E ratio of -257.96 and a beta of 1.75.

Arlo Technologies (NYSE:ARLO - Get Free Report) last announced its earnings results 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. The firm had revenue of $129.41 million for the quarter, compared to the consensus estimate 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 revenue for the quarter was up 1.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.10 EPS. Arlo Technologies has set its Q3 2025 guidance at 0.120-0.180 EPS. On average, analysts predict that Arlo Technologies, Inc. will post -0.29 earnings per share for the current fiscal year.

Analyst Ratings Changes

ARLO has been the topic of a number of research analyst reports. BWS Financial reissued a "buy" rating and issued a $26.00 price target (up from $24.00) on shares of Arlo Technologies in a report on Monday, August 11th. Craig Hallum lifted their price objective on Arlo Technologies from $17.00 to $22.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Zacks Research raised shares of Arlo Technologies from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 25th. Finally, Raymond James Financial restated an "outperform" rating and issued a $22.00 price target (up previously from $15.00) on shares of Arlo Technologies in a research note on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. Based on data from MarketBeat, Arlo Technologies currently has a consensus 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.