Arlo Technologies, Inc. $ARLO Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. cut its position in shares of Arlo Technologies, Inc. (NYSE:ARLO) by 16.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 614,182 shares of the company’s stock after selling 123,080 shares during the quarter. JPMorgan Chase & Co.’s holdings in Arlo Technologies were worth $10,410,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in ARLO. Tudor Investment Corp ET AL lifted its position in shares of Arlo Technologies by 375.1% in the 3rd quarter. Tudor Investment Corp ET AL now owns 245,288 shares of the company’s stock worth $4,158,000 after buying an additional 193,662 shares during the last quarter. CIBC Bancorp USA Inc. bought a new stake in shares of Arlo Technologies during the 3rd quarter valued at about $180,000. Castleark Management LLC grew its position in shares of Arlo Technologies by 107.2% during the 3rd quarter. Castleark Management LLC now owns 428,321 shares of the company’s stock valued at $7,260,000 after buying an additional 221,641 shares during the last quarter. CANADA LIFE ASSURANCE Co raised its stake in Arlo Technologies by 5.6% during the third quarter. CANADA LIFE ASSURANCE Co now owns 122,353 shares of the company’s stock worth $2,096,000 after acquiring an additional 6,492 shares during the period. Finally, Worth Venture Partners LLC bought a new position in Arlo Technologies in the third quarter worth about $229,000. Institutional investors and hedge funds own 83.18% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on ARLO. Weiss Ratings upgraded 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 research report on Tuesday, January 6th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $23.33.

Arlo Technologies Stock Performance

Arlo Technologies stock opened at $13.50 on Friday. Arlo Technologies, Inc. has a one year low of $7.84 and a one year high of $19.94. The company has a 50-day simple moving average of $13.24 and a 200-day simple moving average of $14.87. The firm has a market capitalization of $1.44 billion, a P/E ratio of 103.84 and a beta of 1.65.

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

Arlo Technologies declared that its board has initiated a stock buyback program on Wednesday, March 4th that allows the company to repurchase $50.00 million in shares. This repurchase authorization allows the company to buy up to 3.1% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board believes its stock is undervalued.

Insider Buying and Selling at Arlo Technologies

In related news, General Counsel Brian Busse sold 25,525 shares of the stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $13.78, for a total value of $351,734.50. Following the completion of the transaction, the general counsel directly owned 583,364 shares of the company’s stock, valued at $8,038,755.92. This represents a 4.19% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Matthew Blake Mcrae sold 153,433 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $13.78, for a total value of $2,114,306.74. Following the completion of the sale, the chief executive officer owned 1,168,866 shares in the company, valued at approximately $16,106,973.48. This represents a 11.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 842,522 shares of company stock worth $11,321,821. 5.20% of the stock is owned by company insiders.

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.