Deutsche Bank AG Invests $1.63 Million in Arlo Technologies, Inc. $ARLO

Key Points

• Deutsche Bank acquired 121,179 Arlo shares worth approximately $1.63 million in the second quarter, giving it a 0.11% stake. Institutional investors collectively own 83.18% of Arlo.
• Arlo reported quarterly EPS of $0.28, exceeding the $0.20 consensus estimate, while revenue rose 20.5% year over year to $155.94 million. The company provided fiscal 2026 EPS guidance of $0.90–$1.00.
• Analysts maintain a generally positive outlook, with five Buy ratings and two Holds, producing a consensus “Moderate Buy” rating and a $20.60 price target versus the stock’s recent $12.88 price. Arlo’s CFO also sold shares under a pre-arranged Rule 10b5-1 plan.

Deutsche Bank AG acquired a new position in shares of Arlo Technologies, Inc. (NYSE:ARLO - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 121,179 shares of the company's stock, valued at approximately $1,633,000. Deutsche Bank AG owned 0.11% of Arlo Technologies at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. GSA Capital Partners LLP increased its position in Arlo Technologies by 557.1% during the 4th quarter. GSA Capital Partners LLP now owns 141,372 shares of the company's stock valued at $1,978,000 after buying an additional 119,857 shares in the last quarter. Clearbridge Investments LLC bought a new position in Arlo Technologies during the 4th quarter valued at about $6,794,000. UBS Group AG lifted its position in Arlo Technologies by 49.9% during the fourth quarter. UBS Group AG now owns 580,829 shares of the company's stock valued at $8,126,000 after purchasing an additional 193,379 shares during the period. Wasatch Advisors LP boosted its stake in shares of Arlo Technologies by 1.9% in the 1st quarter. Wasatch Advisors LP now owns 5,426,267 shares of the company's stock worth $77,216,000 after buying an additional 103,782 shares during the last quarter. Finally, Rice Hall James & Associates LLC boosted its position in Arlo Technologies by 2.3% in the first quarter. Rice Hall James & Associates LLC now owns 3,659,888 shares of the company's stock worth $52,080,000 after purchasing an additional 83,276 shares during the last quarter. 83.18% of the stock is currently owned by institutional investors.

Insider Activity 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 shares were sold at an average price of $15.52, for a total transaction of $423,649.44. Following the completion of the transaction, the chief financial officer directly owned 442,110 shares of the company's stock, valued at approximately $6,861,547.20. The trade was a 5.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 57,775 shares of company stock worth $845,139. 2.90% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on ARLO shares. Wall Street Zen raised shares of Arlo Technologies from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 22nd. Oppenheimer began coverage on shares of Arlo Technologies in a research report on Monday, May 18th. They set an "outperform" rating and a $20.00 price objective on the stock. William Blair initiated coverage on shares of Arlo Technologies in a report on Tuesday, July 7th. They issued an "outperform" rating on the stock. 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. Finally, Weiss Ratings cut shares of Arlo Technologies from a "hold (c)" rating to a "hold (c-)" rating in a research note on Monday, August 3rd. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $20.60.

Arlo Technologies Price Performance

NYSE:ARLO opened at $12.88 on Friday. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of 47.71 and a beta of 1.56. Arlo Technologies, Inc. has a 1 year low of $11.05 and a 1 year high of $19.94. The business has a 50 day simple moving average of $13.58 and a 200-day simple moving average of $13.53.

Arlo Technologies (NYSE:ARLO - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.28 earnings per share (EPS) 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 company had revenue of $155.94 million during the quarter, compared to the consensus estimate of $148.94 million. During the same period last year, the company earned $0.17 earnings per share. Arlo Technologies's revenue was up 20.5% on a year-over-year basis. 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. As a group, analysts expect that Arlo Technologies, Inc. will post 0.12 earnings per share for the current fiscal year.

Arlo Technologies 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.

Want to see what other hedge funds are holding ARLO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Arlo Technologies, Inc. (NYSE:ARLO - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source