AWM Investment Company Inc. Takes Position in Arlo Technologies, Inc. $ARLO

Key Points

• AWM Investment Company acquired 1.47 million Arlo Technologies shares worth approximately $19.8 million, giving it a 1.35% stake and making Arlo its 20th-largest holding. Institutional investors collectively own 83.18% of the company.
• Arlo reported quarterly EPS of $0.28, exceeding estimates by $0.08, while revenue rose 20.5% year over year to $155.94 million. The company issued fiscal 2026 EPS guidance of $0.90–$1.00.
• Analysts maintain a generally positive outlook, with five Buy ratings and two Holds producing a “Moderate Buy” consensus and an average price target of $20.60. Arlo shares recently traded at $13.36, while insiders have sold shares over the past three months.

AWM Investment Company Inc. bought a new position in Arlo Technologies, Inc. (NYSE:ARLO - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm bought 1,466,009 shares of the company's stock, valued at approximately $19,762,000. Arlo Technologies makes up 1.7% of AWM Investment Company Inc.'s investment portfolio, making the stock its 20th largest holding. AWM Investment Company Inc. owned approximately 1.35% of Arlo Technologies at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Primecap Management Co. CA bought a new position in Arlo Technologies during the 2nd quarter valued at $26,183,000. Canada Pension Plan Investment Board bought a new stake in shares of Arlo Technologies in the 2nd quarter worth $384,000. Manatuck Hill Partners LLC purchased a new stake in shares of Arlo Technologies in the second quarter valued at about $674,000. Legal & General Group Plc purchased a new stake in shares of Arlo Technologies in the second quarter valued at about $3,258,000. Finally, The Manufacturers Life Insurance Company bought a new position in shares of Arlo Technologies during the second quarter valued at about $625,000. Institutional investors own 83.18% of the company's stock.

Arlo Technologies Trading Up 2.1%

ARLO stock opened at $13.36 on Wednesday. The firm has a 50 day moving average of $13.58 and a 200-day moving average of $13.52. The firm has a market capitalization of $1.45 billion, a P/E ratio of 49.49 and a beta of 1.56. Arlo Technologies, Inc. has a 12 month low of $11.05 and a 12 month high of $19.94.

Arlo Technologies (NYSE:ARLO - Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $0.28 earnings per share for the quarter, topping analysts' consensus estimates of $0.20 by $0.08. Arlo Technologies had a return on equity of 17.29% and a net margin of 5.20%.The business had revenue of $155.94 million for the quarter, compared to analyst estimates of $148.94 million. During the same period in the prior year, the company earned $0.17 EPS. The company's quarterly 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. Sell-side analysts predict that Arlo Technologies, Inc. will post 0.12 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on ARLO shares. Wall Street Zen upgraded Arlo Technologies from a "buy" rating to a "strong-buy" rating in a research note 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. William Blair began coverage on Arlo Technologies in a research report on Tuesday, July 7th. They issued an "outperform" rating on the stock. Piper Sandler upped their price objective on Arlo Technologies from $17.00 to $18.00 and gave the company an "overweight" rating in a research note on Friday, August 7th. Finally, Weiss Ratings lowered Arlo Technologies from a "hold (c)" rating to a "hold (c-)" rating in a research report on Monday, August 3rd. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Arlo Technologies has a consensus rating of "Moderate Buy" and an average target price of $20.60.

Insider Buying and Selling at Arlo Technologies

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

About Arlo Technologies

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.

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