Arlo Technologies Inc (NYSE: ARLO) is -4.38% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ARLO stock was last observed hovering at around $10.87 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $10.70, the stock is -6.87% and -7.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.31 million and changing -1.56% at the moment leaves the stock -12.86% off its SMA200. ARLO registered -12.37% loss for a year compared to 6-month loss of -6.63%. The firm has a 50-day simple moving average (SMA 50) of $11.5632 and a 200-day simple moving average (SMA200) of $12.27875.
The stock witnessed a -6.39% gain in the last 1 month and extending the period to 3 months gives it a -16.73%, and is 1.61% up 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 4.48% over the week and 5.92% over the month.
Arlo Technologies Inc (ARLO) has around 360 employees, a market worth around $1.10B and $510.89M in sales. Fwd P/E is 14.68. Profit margin for the company is -5.97%. Distance from 52-week low is 7.86% and -39.34% from its 52-week high. The company has generated returns on investments over the last 12 months (-25.58%).
with sales reaching $118.35M over the same period.The EPS is expected to grow by 48.77% this year, but quarterly earnings will post 2.16% year-over-year. Quarterly sales are estimated to shrink -4.71% in year-over-year returns.
291.0 institutions hold shares in Arlo Technologies Inc (ARLO), with institutional investors hold 93.69% of the company’s shares. The shares outstanding are 100.89M, and float is at 97.53M with Short Float at 4.66%. Institutions hold 89.90% of the Float.
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
The most recent transaction is an insider sale by MCRAE MATTHEW BLAKE, the company’s CEO. SEC filings show that MCRAE MATTHEW BLAKE sold 59,226 shares of the company’s common stock on Mar 11 ’25 at a price of $11.09 per share for a total of $0.66 million. Following the sale, the insider now owns 2.43 million shares.
Arlo Technologies Inc disclosed in a document filed with the SEC on Mar 06 ’25 that MCRAE MATTHEW BLAKE (CEO) sold a total of 259,227 shares of the company’s common stock. The trade occurred on Mar 06 ’25 and was made at $12.03 per share for $3.12 million. Following the transaction, the insider now directly holds 2.95 million shares of the ARLO stock.
Still, SEC filings show that on Mar 07 ’25, MCRAE MATTHEW BLAKE (CEO) disposed off 259,227 shares at an average price of $11.79 for $3.06 million. The insider now directly holds 2,686,678 shares of Arlo Technologies Inc (ARLO).
