S Squared Technology LLC Makes New $4.59 Million Investment in Arlo Technologies, Inc. $ARLO

Key Points

• S Squared Technology LLC has made a new investment of $4.59 million in Arlo Technologies, acquiring approximately 465,040 shares which represents 2.3% of its portfolio.
• Arlo Technologies reported earnings of $0.17 per share for the last quarter, exceeding estimates, while total revenue increased 1.6% year-over-year to $129.41 million.
• Institutional ownership of Arlo Technologies is strong, with institutional investors holding 83.18% of the company's stock, suggesting significant confidence from larger financial players.

S Squared Technology LLC purchased a new position in Arlo Technologies, Inc. (NYSE:ARLO - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 465,040 shares of the company's stock, valued at approximately $4,590,000. Arlo Technologies makes up approximately 2.3% of S Squared Technology LLC's portfolio, making the stock its 16th biggest position. S Squared Technology LLC owned 0.45% of Arlo Technologies at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC boosted its holdings in Arlo Technologies by 40.9% in the first quarter. GAMMA Investing LLC now owns 7,212 shares of the company's stock worth $71,000 after acquiring an additional 2,095 shares in the last quarter. Magnetar Financial LLC acquired a new stake in shares of Arlo Technologies during the first quarter worth about $117,000. Fox Run Management L.L.C. acquired a new stake in shares of Arlo Technologies during the first quarter worth about $119,000. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Arlo Technologies during the first quarter worth about $123,000. Finally, CWM LLC lifted its holdings in shares of 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. Institutional investors and hedge funds own 83.18% of the company's stock.

Arlo Technologies Price Performance

Shares of ARLO stock opened at $18.11 on Tuesday. The company has a market cap of $1.89 billion, a price-to-earnings ratio of -258.62 and a beta of 1.75. The stock has a 50 day simple moving average of $16.84 and a 200-day simple moving average of $13.87. Arlo Technologies, Inc. has a 1-year low of $7.84 and a 1-year high of $19.25.

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 business had revenue of $129.41 million during 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 business's quarterly revenue was up 1.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.10 EPS. Arlo Technologies has set its Q3 2025 guidance at 0.120-0.180 EPS. Analysts anticipate that Arlo Technologies, Inc. will post -0.29 earnings per share for the current fiscal year.

Insider Activity at Arlo Technologies

In other news, CEO Matthew Blake Mcrae sold 520,557 shares of the company's stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $17.40, for a total transaction of $9,057,691.80. Following the completion of the transaction, the chief executive officer directly 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 filing with the SEC, which is available through this link. 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 value of $2,114,206.72. Following the transaction, the chief financial officer directly owned 809,615 shares of the company's stock, valued at approximately $15,026,454.40. The trade was 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 valued at $39,664,516. Corporate insiders own 3.80% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on ARLO shares. Raymond James Financial reaffirmed an "outperform" rating and set a $22.00 target price (up previously from $15.00) on shares of Arlo Technologies in a report on Friday, August 8th. Wall Street Zen upgraded Arlo Technologies from a "buy" rating to a "strong-buy" rating in a research report on Friday. BWS Financial reiterated a "buy" rating and set a $26.00 price target (up from $24.00) on shares of Arlo Technologies in a research report on Monday, August 11th. Zacks Research upgraded Arlo Technologies from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 25th. Finally, Craig Hallum lifted their price target on Arlo Technologies from $17.00 to $22.00 and gave the company a "buy" rating in a research report on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $23.00.

About Arlo Technologies

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.

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