Kurtis Joseph Binder Sells 27,297 Shares of Arlo Technologies (NYSE:ARLO) Stock

Arlo Technologies, Inc. (NYSE:ARLO) CFO Kurtis Joseph Binder sold 27,297 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $15.52, for a total value of $423,649.44. Following the completion of the sale, the chief financial officer owned 442,110 shares of the company’s stock, valued at $6,861,547.20. This trade represents a 5.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kurtis Joseph Binder also recently made the following trade(s):

• On Monday, August 3rd, Kurtis Joseph Binder sold 13,971 shares of Arlo Technologies stock. The stock was sold at an average price of $15.01, for a total value of $209,704.71.
• On Monday, July 6th, Kurtis Joseph Binder sold 16,507 shares of Arlo Technologies stock. The stock was sold at an average price of $12.83, for a total transaction of $211,784.81.
• On Friday, May 8th, Kurtis Joseph Binder sold 65,000 shares of Arlo Technologies stock. The shares were sold at an average price of $15.70, for a total transaction of $1,020,500.00.

Arlo Technologies Price Performance

ARLO stock opened at $15.44 on Friday. The firm has a market cap of $1.68 billion, a price-to-earnings ratio of 57.20 and a beta of 1.56. Arlo Technologies, Inc. has a 1-year low of $11.05 and a 1-year high of $19.94. The firm has a fifty day moving average price of $13.35 and a two-hundred day moving average price of $13.45.

Arlo Technologies (NYSE:ARLO) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.08. Arlo Technologies had a net margin of 5.47% and a return on equity of 18.66%. The company had revenue of $155.94 million for the quarter, compared to the consensus estimate of $148.94 million. During the same period last year, the firm posted $0.17 EPS. The company’s revenue for the quarter was up 20.5% on a year-over-year basis. Arlo Technologies has set its FY 2026 guidance at 0.900-1.000 EPS and its Q3 2026 guidance at 0.170-0.230 EPS. As a group, analysts expect that Arlo Technologies, Inc. will post 0.2 EPS for the current fiscal year.

Arlo Technologies News Summary

Here are the key news stories impacting Arlo Technologies this week:

• Positive Sentiment: Q2 results beat estimates: Arlo reported adjusted earnings of $0.28 per share, above the $0.20 consensus and up from $0.17 a year earlier. Revenue increased 20.5% year over year to $155.94 million, exceeding estimates of $148.94 million. Arlo Technologies Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised the outlook above Wall Street expectations: Third-quarter EPS guidance of $0.17–$0.23 and revenue guidance of $140 million–$150 million exceed consensus estimates of $0.14 and $133.2 million, respectively. Full-year 2026 EPS guidance of $0.90–$1.00 and revenue guidance of $580 million–$600 million also surpass consensus estimates of $0.71 and $565.7 million. This points to continued demand for Arlo’s smart-home security products and services.
• Neutral Sentiment: Profitability remains positive but relatively modest: Arlo reported a 5.47% net margin and an 18.66% return on equity. The earnings beat and higher guidance improve the fundamental picture, although the stock’s valuation remains elevated at roughly 57 times earnings based on the provided data. Arlo Technologies Earnings Report and Conference Call
• Negative Sentiment: CFO selling could pressure sentiment: CFO Kurtis Joseph Binder sold 27,297 shares for approximately $423,649 and another 13,971 shares for approximately $209,705. Both transactions were made under a pre-arranged Rule 10b5-1 plan, reducing their significance as a signal of deteriorating business prospects, but the sales may nevertheless encourage profit-taking.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Raymond James Financial reaffirmed an “outperform” rating and set a $19.00 target price on shares of Arlo Technologies in a report on Friday, May 8th. Oppenheimer initiated coverage on Arlo Technologies in a report on Monday, May 18th. They issued an “outperform” rating and a $20.00 price target on the stock. Piper Sandler began coverage on Arlo Technologies in a research report on Sunday, July 26th. They set an “overweight” rating and a $17.00 price objective for the company. William Blair started coverage on Arlo Technologies in a research note on Tuesday, July 7th. They set an “outperform” rating for the company. Finally, Weiss Ratings lowered Arlo Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $20.67.

Institutional Trading of Arlo Technologies

Several institutional investors have recently modified their holdings of the company. GSA Capital Partners LLP increased its stake in shares of Arlo Technologies by 557.1% in the 4th quarter. GSA Capital Partners LLP now owns 141,372 shares of the company’s stock valued at $1,978,000 after buying an additional 119,857 shares during the period. UBS Group AG lifted its stake in shares of Arlo Technologies by 49.9% during the fourth quarter. UBS Group AG now owns 580,829 shares of the company’s stock valued at $8,126,000 after acquiring an additional 193,379 shares during the period. Clearbridge Investments LLC acquired a new position in shares of Arlo Technologies during the fourth quarter valued at $6,794,000. Wasatch Advisors LP boosted its holdings in Arlo Technologies by 1.9% in the first quarter. Wasatch Advisors LP now owns 5,426,267 shares of the company’s stock valued at $77,216,000 after acquiring an additional 103,782 shares during the last quarter. Finally, Tudor Investment Corp ET AL boosted its holdings in Arlo Technologies by 375.1% in the third quarter. Tudor Investment Corp ET AL now owns 245,288 shares of the company’s stock valued at $4,158,000 after acquiring an additional 193,662 shares during the last quarter. Institutional investors and hedge funds own 83.18% of the company’s stock.

About Arlo Technologies

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.