Arlo Technologies, Inc. $ARLO Shares Sold by Divisadero Street Capital Management LP

Divisadero Street Capital Management LP trimmed its stake in Arlo Technologies, Inc. (NYSE:ARLO) by 39.9% during the third quarter, Holdings Channel.com reports. The fund owned 691,557 shares of the company’s stock after selling 459,386 shares during the period. Divisadero Street Capital Management LP’s holdings in Arlo Technologies were worth $11,722,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Smartleaf Asset Management LLC boosted its position in shares of Arlo Technologies by 86.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,616 shares of the company’s stock worth $28,000 after purchasing an additional 747 shares during the period. Quadrant Capital Group LLC purchased a new stake in Arlo Technologies in the third quarter valued at approximately $86,000. EverSource Wealth Advisors LLC lifted its stake in Arlo Technologies by 1,682.9% during the second quarter. EverSource Wealth Advisors LLC now owns 5,616 shares of the company’s stock worth $95,000 after purchasing an additional 5,301 shares in the last quarter. Strs Ohio acquired a new position in Arlo Technologies during the first quarter worth $66,000. Finally, Farther Finance Advisors LLC boosted its position in shares of Arlo Technologies by 75,255.6% during the third quarter. Farther Finance Advisors LLC now owns 6,782 shares of the company’s stock worth $115,000 after buying an additional 6,773 shares during the period. 83.18% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Arlo Technologies

In related news, General Counsel Brian Busse sold 31,407 shares of the business’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $12.29, for a total transaction of $385,992.03. Following the completion of the transaction, the general counsel directly owned 552,850 shares of the company’s stock, valued at $6,794,526.50. The trade was a 5.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Kurtis Joseph Binder sold 179,419 shares of the company’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $13.78, for a total value of $2,472,393.82. Following the sale, the chief financial officer owned 614,885 shares in the company, valued at approximately $8,473,115.30. This trade represents a 22.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 842,522 shares of company stock worth $11,321,821. Company insiders own 3.80% of the company’s stock.

Arlo Technologies Stock Up 0.7%

Shares of ARLO opened at $13.61 on Monday. The company has a market cap of $1.45 billion, a P/E ratio of 104.66 and a beta of 1.64. Arlo Technologies, Inc. has a fifty-two week low of $7.84 and a fifty-two week high of $19.94. The firm’s 50 day moving average price is $13.13 and its 200 day moving average price is $15.09.

Arlo Technologies (NYSE:ARLO) last posted its quarterly earnings data on Thursday, February 26th. The company reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.06. Arlo Technologies had a return on equity of 10.76% and a net margin of 2.82%.The business had revenue of $141.30 million for the quarter, compared to analyst estimates of $135.57 million. During the same quarter in the prior year, the company earned $0.10 earnings per share. The company’s revenue was up 16.2% on a year-over-year basis. Arlo Technologies has set its Q1 2026 guidance at 0.170-0.230 EPS. Research analysts forecast that Arlo Technologies, Inc. will post -0.29 earnings per share for the current year.

Arlo Technologies declared that its Board of Directors has initiated a share repurchase program on Wednesday, March 4th that permits the company to repurchase $50.00 million in shares. This repurchase authorization permits the company to reacquire up to 3.1% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

ARLO has been the subject of a number of research reports. Weiss Ratings raised Arlo Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, March 6th. Zacks Research cut Arlo Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $23.33.

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.