Arlo Technologies (NYSE:ARLO – Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.090-0.150 for the period, compared to the consensus estimate of 0.100. The company issued revenue guidance of $114.0 million-$124.0 million, compared to the consensus revenue estimate of $119.0 million.
Analysts Set New Price Targets
ARLO has been the subject of several recent research reports. BWS Financial reiterated a “buy” rating and issued a $24.00 price target on shares of Arlo Technologies in a report on Friday, November 8th. Craig Hallum lowered their target price on Arlo Technologies from $17.00 to $15.00 and set a “buy” rating for the company in a research note on Friday, November 8th.
View Our Latest Analysis on Arlo Technologies
Arlo Technologies Trading Up 0.6 %
Insider Buying and Selling
In other news, General Counsel Brian Busse sold 17,669 shares of the business’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $11.11, for a total value of $196,302.59. Following the completion of the sale, the general counsel now owns 606,832 shares of the company’s stock, valued at approximately $6,741,903.52. The trade was a 2.83 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Matthew Blake Mcrae sold 316,644 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $11.54, for a total transaction of $3,654,071.76. Following the completion of the sale, the chief executive officer now owns 3,160,988 shares in the company, valued at approximately $36,477,801.52. This trade represents a 9.11 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 488,565 shares of company stock worth $5,629,360. 3.80% of the stock is currently owned by corporate insiders.
About Arlo Technologies
Arlo Technologies, Inc, together with its subsidiaries, provides a cloud-based platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. The company offers Arlo Essential Cameras and Doorbells (2nd Generation) delivers smart home protection, including automated privacy shield, 180-degree field of view, and 2K video resolution; Arlo Home Security System, an all-in-one multi-sensor that provides access to security experts for monitoring and responding to emergency situations; Arlo Pro 5S, a wireless 2K video resolution security camera; Arlo Go 2, a camera for monitoring remote areas, large properties, construction sites, vacation homes, boat or RV slips, and hard-to-access areas; Arlo Ultra 2 provides 4K video with HDR, an ultra-wide, 180-degree field of view, auto zoom and tracking on moving objects, and color night vision; and Arlo Floodlight Camera, a wire-free floodlight camera.
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