B. Metzler seel. Sohn & Co. AG Purchases New Shares in Arlo Technologies, Inc. $ARLO

B. Metzler seel. Sohn & Co. AG acquired a new position in Arlo Technologies, Inc. (NYSE:ARLO - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 98,612 shares of the company's stock, valued at approximately $1,329,000. B. Metzler seel. Sohn & Co. AG owned approximately 0.09% of Arlo Technologies as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Hantz Financial Services Inc. boosted its stake in shares of Arlo Technologies by 763.3% during the 4th quarter. Hantz Financial Services Inc. now owns 1,977 shares of the company's stock worth $28,000 after purchasing an additional 1,748 shares during the period. Quarry LP raised its holdings in shares of Arlo Technologies by 42.0% in the third quarter. Quarry LP now owns 2,649 shares of the company's stock worth $45,000 after buying an additional 783 shares during the period. Quadrant Capital Group LLC purchased a new stake in shares of Arlo Technologies in the third quarter worth approximately $86,000. EverSource Wealth Advisors LLC lifted its stake in shares of Arlo Technologies by 1,682.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,616 shares of the company's stock worth $95,000 after acquiring an additional 5,301 shares during the last quarter. Finally, Strs Ohio bought a new stake in shares of Arlo Technologies during the 1st quarter worth approximately $66,000. 83.18% of the stock is currently owned by institutional investors.

Arlo Technologies Stock Down 0.2%

Shares of ARLO stock opened at $13.07 on Monday. The firm has a market cap of $1.42 billion, a price-to-earnings ratio of 48.41 and a beta of 1.56. Arlo Technologies, Inc. has a 52-week low of $11.05 and a 52-week high of $19.94. The company's 50 day moving average is $13.58 and its 200 day moving average is $13.51.

Arlo Technologies (NYSE:ARLO - Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $0.28 EPS for the quarter, topping analysts' consensus estimates of $0.20 by $0.08. The business had revenue of $155.94 million during the quarter, compared to the consensus estimate of $148.94 million. Arlo Technologies had a net margin of 5.20% and a return on equity of 17.29%. The firm's revenue was up 20.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.17 earnings per share. 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. Analysts anticipate that Arlo Technologies, Inc. will post 0.12 EPS for the current fiscal year.

Insider Buying and Selling at Arlo Technologies

In related news, CFO Kurtis Joseph Binder sold 27,297 shares of Arlo Technologies stock in a transaction dated 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 owned 442,110 shares of the company's stock, valued at $6,861,547.20. The trade was a 5.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 57,775 shares of company stock valued at $845,139 over the last quarter. 2.90% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have commented on the company. Wall Street Zen raised Arlo Technologies from a "buy" rating to a "strong-buy" rating in a research report on Saturday. Piper Sandler lifted their price target on shares of Arlo Technologies from $17.00 to $18.00 and gave the company an "overweight" rating in a research note on Friday, August 7th. William Blair assumed coverage on Arlo Technologies in a report on Tuesday, July 7th. They issued an "outperform" rating for the company. Raymond James Financial reissued an "outperform" rating and issued a $19.00 price objective on shares of Arlo Technologies in a research note on Friday, May 8th. Finally, UBS Group set a $20.00 price objective on Arlo Technologies in a report on Monday, May 18th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Arlo Technologies has a consensus rating of "Moderate Buy" and an average price target of $20.60.

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.

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