Arlo Technologies (NYSE:ARLO – Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 0.090-0.150 for the period, compared to the consensus EPS estimate of 0.100. The company issued revenue guidance of $114.0 million-$124.0 million, compared to the consensus revenue estimate of $119.0 million.
Arlo Technologies Trading Up 0.6 %
ARLO stock traded up $0.08 during trading on Thursday, reaching $11.96. 1,484,314 shares of the stock were exchanged, compared to its average volume of 711,527. Arlo Technologies has a twelve month low of $9.50 and a twelve month high of $17.64. The company has a market capitalization of $1.20 billion, a P/E ratio of -47.82 and a beta of 1.77. The stock has a 50 day simple moving average of $11.56 and a 200-day simple moving average of $11.66.
Wall Street Analysts Forecast Growth
A number of brokerages recently commented on ARLO. Craig Hallum cut their target price on Arlo Technologies from $17.00 to $15.00 and set a “buy” rating for the company in a research note on Friday, November 8th. BWS Financial restated a “buy” rating and issued a $24.00 price objective on shares of Arlo Technologies in a research note on Friday, November 8th.
Insider Activity at Arlo Technologies
In other Arlo Technologies news, CEO Matthew Blake Mcrae sold 59,316 shares of the company’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $11.43, for a total transaction of $677,981.88. Following the sale, the chief executive officer now directly owns 3,128,696 shares of the company’s stock, valued at approximately $35,760,995.28. This represents a 1.86 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel Brian Busse sold 27,588 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $11.54, for a total transaction of $318,365.52. Following the sale, the general counsel now directly owns 611,465 shares of the company’s stock, valued at approximately $7,056,306.10. The trade was a 4.32 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 488,565 shares of company stock valued at $5,629,360 in the last 90 days. 3.80% of the stock is owned by corporate insiders.
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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