Arlo Technologies (NYSE:ARLO) CFO Kurtis Joseph Binder Sells 33,394 Shares of Company Stock

Arlo Technologies, Inc. (NYSE:ARLO) CFO Kurtis Binder sold 33,394 shares of Arlo Technologies stock in a transaction that occurred on Wednesday, November 4th. The shares were sold at an average price of $15.03, for a total value of $501,911.82. Following the sale, the chief financial officer directly owned 312,147 shares in the company, valued at approximately $4,691,569.41. The trade was a 9.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, September 29th, Kurtis Binder sold 13,358 shares of Arlo Technologies stock. The stock was sold at an average price of $12.58, for a total value of $168,043.64.
• On Monday, September 28th, Kurtis Binder sold 83,211 shares of Arlo Technologies stock. The stock was sold at an average price of $12.44, for a total value of $1,035,144.84.

Arlo Technologies Stock Performance

Shares of NYSE:ARLO opened at $14.82 on Friday. Arlo Technologies, Inc. has a 52-week low of $11.05 and a 52-week high of $17.76. The firm has a market capitalization of $1.61 billion, a P/E ratio of 72.48 and a beta of 1.59. The stock has a 50 day moving average price of $13.07 and a 200-day moving average price of $13.39.

Arlo Technologies (NYSE:ARLO) last released its earnings results on Thursday, November 5th. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.04. Arlo Technologies had a return on equity of 17.29% and a net margin of 5.20%. The company had revenue of $149.18 million during the quarter, compared to analysts’ expectations of $144.93 million. During the same quarter last year, the business posted $0.16 EPS. The firm’s revenue for the quarter was up 6.9% compared to the same quarter last year. On average, equities analysts forecast that Arlo Technologies, Inc. will post 0.12 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ARLO has been the topic of a number of recent research reports. Wall Street Zen downgraded shares of Arlo Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 31st. Weiss Ratings reissued a “hold (c-)” rating on shares of Arlo Technologies in a research report on Friday, October 30th. Finally, Piper Sandler lowered their price target on shares of Arlo Technologies from $18.00 to $16.00 and set an “overweight” rating for the company in a research report on Tuesday, October 20th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Arlo Technologies presently has an average rating of “Moderate Buy” and an average price target of $20.20.

Institutional Trading of Arlo Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Maryland State Retirement & Pension System raised its holdings in Arlo Technologies by 52.3% in the 3rd quarter. Maryland State Retirement & Pension System now owns 24,207 shares of the company’s stock worth $300,000 after acquiring an additional 8,309 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in Arlo Technologies by 4.2% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 65,277 shares of the company’s stock valued at $834,000 after acquiring an additional 2,607 shares in the last quarter. Covestor Ltd boosted its stake in Arlo Technologies by 44.2% during the 3rd quarter. Covestor Ltd now owns 3,029 shares of the company’s stock valued at $38,000 after purchasing an additional 929 shares during the last quarter. Hennessy Advisors Inc. purchased a new stake in Arlo Technologies during the 3rd quarter valued at $175,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Arlo Technologies during the 3rd quarter valued at $248,000. Hedge funds and other institutional investors own 83.18% of the company’s stock.

Arlo Technologies News Summary

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

• Positive Sentiment: Q3 adjusted earnings were $0.24 per share, topping the $0.20 consensus estimate and rising from $0.16 a year earlier. Revenue of $149.18 million also beat expectations of $144.93 million and grew 6.9% year over year. Arlo Reports Third Quarter 2026 Results
• Positive Sentiment: Management reported 20% growth in subscriptions and services revenue and adjusted EBITDA growth of more than 50% year over year, pointing to continued expansion in recurring revenue and profitability. Arlo Reports Third Quarter 2026 Results
• Neutral Sentiment: CFO Kurtis Binder sold 33,394 shares under a pre-arranged Rule 10b5-1 trading plan. The planned sale may draw investor attention, but it is less suggestive of a discretionary view on the stock; he retained 312,147 shares. SEC filing
• Negative Sentiment: Q4 guidance calls for adjusted EPS of $0.17–$0.23 and revenue of $137 million–$147 million. The revenue range implies a sequential decline from Q3’s $149.18 million, which may have tempered the market’s reaction to the earnings beat. Q4 revenue outlook

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.