S Squared Technology LLC Invests $4.59 Million 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 bought a new stake in shares of Arlo Technologies, Inc. (NYSE:ARLO - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The fund bought 465,040 shares of the company's stock, valued at approximately $4,590,000. Arlo Technologies makes up 2.3% of S Squared Technology LLC's portfolio, making the stock its 16th largest position. S Squared Technology LLC owned about 0.45% of Arlo Technologies at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in ARLO. Dimensional Fund Advisors LP boosted its position in shares of Arlo Technologies by 44.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 82,765 shares of the company's stock valued at $926,000 after acquiring an additional 25,627 shares in the last quarter. Hsbc Holdings PLC boosted its position in shares of Arlo Technologies by 9.7% during the 4th quarter. Hsbc Holdings PLC now owns 12,470 shares of the company's stock valued at $140,000 after acquiring an additional 1,103 shares in the last quarter. Northern Trust Corp boosted its position in shares of Arlo Technologies by 11.7% during the 4th quarter. Northern Trust Corp now owns 1,711,116 shares of the company's stock valued at $19,147,000 after acquiring an additional 179,288 shares in the last quarter. Deutsche Bank AG boosted its position in shares of Arlo Technologies by 47.9% during the 4th quarter. Deutsche Bank AG now owns 83,197 shares of the company's stock valued at $931,000 after acquiring an additional 26,957 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. acquired a new stake in shares of Arlo Technologies during the 4th quarter valued at about $263,000. 83.18% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Arlo Technologies

In other Arlo Technologies news, CEO Matthew Blake Mcrae sold 520,557 shares of the business's stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $17.40, for a total value 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 approximately $28,219,929. The trade was a 24.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Kurtis Joseph Binder sold 113,912 shares of the business's stock in a transaction dated 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 directly owned 809,615 shares of the company's stock, 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 sold 2,306,967 shares of company stock valued at $39,664,516. Insiders own 3.80% of the company's stock.

Analyst Upgrades and Downgrades

ARLO has been the topic of several recent research reports. Wall Street Zen lowered shares of Arlo Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Zacks Research raised shares of Arlo Technologies from a "hold" rating to a "strong-buy" rating in a report on Monday, August 25th. Craig Hallum lifted their price target on shares of Arlo Technologies from $17.00 to $22.00 and gave the company a "buy" rating in a report on Friday, August 8th. Raymond James Financial reissued an "outperform" rating and set a $22.00 price target (up from $15.00) on shares of Arlo Technologies in a report on Friday, August 8th. Finally, BWS Financial reissued a "buy" rating and set a $26.00 price target (up from $24.00) on shares of Arlo Technologies in a report on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company's stock. According to data from MarketBeat.com, Arlo Technologies currently has an average rating of "Buy" and an average target price of $23.00.

Arlo Technologies Stock Performance

Shares of NYSE ARLO traded up $0.12 during trading on Friday, reaching $17.46. The company had a trading volume of 997,118 shares, compared to its average volume of 1,343,848. Arlo Technologies, Inc. has a 52 week low of $7.84 and a 52 week high of $19.25. The stock has a market cap of $1.82 billion, a PE ratio of -249.42 and a beta of 1.75. The business's 50 day moving average price is $16.84 and its 200-day moving average price is $14.02.

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 analysts' consensus estimates of $0.15 by $0.02. Arlo Technologies had a negative net margin of 1.38% and a negative return on equity of 6.69%. The company had revenue of $129.41 million during the quarter, compared to the consensus estimate of $123.33 million. During the same period in the previous year, the firm posted $0.10 earnings per share. The company's revenue was up 1.6% on a year-over-year basis. Arlo Technologies has set its Q3 2025 guidance at 0.120-0.180 EPS. Equities analysts anticipate that Arlo Technologies, Inc. will post -0.29 earnings per share for the current year.

Arlo Technologies 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.