Emerald Advisers LLC Has $28.73 Million Stake in Arlo Technologies, Inc. $ARLO

Emerald Advisers LLC cut its stake in shares of Arlo Technologies, Inc. (NYSE:ARLO) by 2.0% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,018,929 shares of the company’s stock after selling 40,935 shares during the period. Emerald Advisers LLC owned about 1.85% of Arlo Technologies worth $28,729,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Quarry LP boosted its stake in shares of Arlo Technologies by 42.0% during the 3rd quarter. Quarry LP now owns 2,649 shares of the company’s stock valued at $45,000 after buying an additional 783 shares during the period. Oregon Public Employees Retirement Fund increased its stake in shares of Arlo Technologies by 3.4% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 24,268 shares of the company’s stock worth $340,000 after acquiring an additional 800 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of Arlo Technologies by 12.5% in the fourth quarter. Farther Finance Advisors LLC now owns 7,631 shares of the company’s stock worth $107,000 after acquiring an additional 849 shares during the last quarter. Balboa Wealth Partners raised its holdings in shares of Arlo Technologies by 9.9% during the fourth quarter. Balboa Wealth Partners now owns 13,225 shares of the company’s stock worth $185,000 after acquiring an additional 1,196 shares in the last quarter. Finally, SkyView Investment Advisors LLC raised its holdings in shares of Arlo Technologies by 2.2% during the second quarter. SkyView Investment Advisors LLC now owns 57,297 shares of the company’s stock worth $982,000 after acquiring an additional 1,226 shares in the last quarter. Institutional investors and hedge funds own 83.18% of the company’s stock.

Arlo Technologies Price Performance

Shares of NYSE:ARLO opened at $13.13 on Tuesday. The stock has a market capitalization of $1.43 billion, a P/E ratio of 48.62 and a beta of 1.55. The business has a 50-day moving average of $13.15 and a two-hundred day moving average of $13.44. Arlo Technologies, Inc. has a fifty-two week low of $11.05 and a fifty-two week high of $19.94.

Arlo Technologies (NYSE:ARLO) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. Arlo Technologies had a return on equity of 18.66% and a net margin of 5.47%.The business had revenue of $150.38 million for the quarter, compared to analyst estimates of $139.72 million. During the same quarter in the prior year, the firm posted $0.15 EPS. The firm’s revenue for the quarter was up 26.3% on a year-over-year basis. Arlo Technologies has set its Q2 2026 guidance at 0.17-0.230 EPS. As a group, research analysts expect that Arlo Technologies, Inc. will post 0.2 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on ARLO shares. Weiss Ratings upgraded Arlo Technologies from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 11th. UBS Group set a $20.00 price target on Arlo Technologies in a research note on Monday, May 18th. William Blair initiated coverage on Arlo Technologies in a report on Tuesday, July 7th. They set an “outperform” rating for the company. Oppenheimer began coverage on Arlo Technologies in a research note on Monday, May 18th. They issued an “outperform” rating and a $20.00 price target for the company. Finally, Raymond James Financial restated an “outperform” rating and issued a $19.00 price objective on shares of Arlo Technologies in a report on Friday, May 8th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Arlo Technologies has an average rating of “Moderate Buy” and a consensus price target of $21.40.

Insider Transactions at Arlo Technologies

In other Arlo Technologies news, CFO Kurtis Joseph Binder sold 16,507 shares of the stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $12.83, for a total transaction of $211,784.81. Following the transaction, the chief financial officer owned 483,378 shares in the company, valued at $6,201,739.74. This trade represents a 3.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 106,507 shares of company stock worth $1,612,035 over the last three months. 2.90% of the stock is owned by corporate insiders.

Arlo Technologies 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.