Arlo Technologies Inc (NYSE: ARLO) is 5.90% higher on its value in year-to-date trading and has touched a low of $9.92 and a high of $17.64 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ARLO stock was last observed hovering at around $12.28 in the last trading session, with the day’s loss setting it -0.43%.
Currently trading at $11.85, the stock is 0.70% and 1.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.25 million and changing -3.50% at the moment leaves the stock -4.29% off its SMA200. ARLO registered 3.95% gain for a year compared to 6-month gain of 3.86%.
The stock witnessed a 1.98% loss in the last 1 month and extending the period to 3 months gives it a 0.34%, and is -0.59% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.76% over the week and 5.13% over the month.
Arlo Technologies Inc (ARLO) has around 360 employees, a market worth around $1.21B and $510.89M in sales. Fwd P/E is 16.26. Profit margin for the company is -5.97%. Distance from 52-week low is 19.46% and -32.82% from its 52-week high. The company has generated returns on investments over the last 12 months (-25.58%).
The EPS is expected to grow by 48.77% this year
The shares outstanding are 100.89M, and float is at 96.68M with Short Float at 5.25%.
The top institutional shareholder in the company is BLACKROCK INC. with over 15.52 million shares valued at $202.4 million. The investor’s holdings represent 16.1236 of the ARLO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 9.4 million shares valued at $122.57 million to account for 9.764 of the shares outstanding. The other top investors are BRANDES INVESTMENT PARTNERS, LP which holds 5.14 million shares representing 5.2542 and valued at over $66.99 million, while PRIMECAP MANAGEMENT CO/CA/ holds 5.12 of the shares totaling 5.01 million with a market value of $65.32 million.
Arlo Technologies Inc (ARLO) Insider Activity
Arlo Technologies Inc disclosed in a document filed with the SEC on Mar 04 ’25 that Busse Brian (GENERAL COUNSEL) sold a total of 6,593 shares of the company’s common stock. The trade occurred on Mar 04 ’25 and was made at $11.50 per share for $75849.0. Following the transaction, the insider now directly holds 0.61 million shares of the ARLO stock.
Still, SEC filings show that on Mar 04 ’25, BINDER KURTIS JOSEPH (CHIEF FINANCIAL OFFICER) disposed off 12,155 shares at an average price of $11.50 for $0.14 million. The insider now directly holds 837,906 shares of Arlo Technologies Inc (ARLO).
