Arlo Technologies (NYSE:ARLO) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Arlo Technologies, Inc. (NYSE:ARLO)’s stock price passed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $12.91 and traded as high as $13.50. Arlo Technologies shares last traded at $13.0640, with a volume of 2,611,587 shares.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Wall Street Zen upgraded Arlo Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 10th. William Blair assumed coverage on shares of Arlo Technologies in a report on Tuesday, July 7th. They issued an “outperform” rating for the company. Piper Sandler decreased their target price on Arlo Technologies from $18.00 to $16.00 and set an “overweight” rating for the company in a report on Tuesday, October 20th. Finally, Weiss Ratings downgraded Arlo Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, August 3rd. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Arlo Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $20.20.

Arlo Technologies Stock Up 8.0%

The company has a 50-day moving average of $12.94 and a 200 day moving average of $13.38. The stock has a market capitalization of $1.60 billion, a PE ratio of 64.95 and a beta of 1.60.

Arlo Technologies (NYSE:ARLO) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.08. The company had revenue of $155.94 million during the quarter, compared to analysts’ expectations of $148.94 million. Arlo Technologies had a net margin of 5.20% and a return on equity of 17.29%. Arlo Technologies’s revenue was up 20.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.17 EPS. 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, equities analysts predict that Arlo Technologies, Inc. will post 0.12 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CFO Kurtis Binder sold 13,358 shares of the stock in a transaction on Tuesday, September 29th. The stock was sold at an average price of $12.58, for a total transaction of $168,043.64. Following the completion of the transaction, the chief financial officer directly owned 345,541 shares in the company, valued at approximately $4,346,905.78. This represents a 3.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 137,837 shares of company stock valued at $1,836,543 in the last quarter. 2.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in ARLO. Continuum Advisory LLC purchased a new position in Arlo Technologies in the second quarter worth approximately $28,000. Integrated Wealth Concepts LLC acquired a new stake in Arlo Technologies during the 2nd quarter worth $29,000. Sterling Capital Management LLC raised its stake in Arlo Technologies by 848.3% during the 3rd quarter. Sterling Capital Management LLC now owns 3,613 shares of the company’s stock worth $45,000 after acquiring an additional 3,232 shares in the last quarter. Quantbot Technologies LP purchased a new stake in Arlo Technologies in the second quarter valued at $88,000. Finally, GAMMA Investing LLC lifted its position in Arlo Technologies by 15.7% in the third quarter. GAMMA Investing LLC now owns 6,647 shares of the company’s stock valued at $82,000 after acquiring an additional 904 shares during the last quarter. 83.18% of the stock is currently owned by institutional investors and hedge funds.

Arlo Technologies Company Profile

Arlo Technologies, Inc is a smart home security company that develops connected devices and cloud-based services designed to help consumers monitor and protect their homes, businesses and other properties. Its product portfolio includes wire-free and wired security cameras, video doorbells, floodlight cameras, home security systems and related accessories.

Arlo’s products typically connect through mobile applications and cloud services, providing features such as live video, motion detection, two-way audio, night vision and notifications.