2 weeks Ago By ABMN Staff
Franklin Resources Inc. lowered its stake in Arlo Technologies, Inc. ( NYSE:ARLO – Free Report ) by 22.
5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 132,469 shares of the company’s stock after selling 38,361 shares during the period. Franklin Resources Inc.
’s holdings in Arlo Technologies were worth $1,482,000 as of its most recent filing with the SEC. Other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp raised its position in Arlo Technologies by 0.
6% during the third quarter. State Street Corp now owns 4,269,561 shares of the company’s stock valued at $51,704,000 after purchasing an additional 26,492 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in Arlo Technologies in the third quarter valued at about $386,000.
Barclays PLC boosted its stake in Arlo Technologies by 234.5% in the third quarter. Barclays PLC now owns 185,281 shares of the company’s stock valued at $2,244,000 after buying an additional 129,889 shares in the last quarter.
Geode Capital Management LLC raised its stake in Arlo Technologies by 2.2% during the third quarter. Geode Capital Management LLC now owns 2,192,273 shares of the company’s stock worth $26,554,000 after acquiring an additional 48,221 shares in the last quarter.
Finally, Lord Abbett & CO. LLC lifted its holdings in shares of Arlo Technologies by 26.7% in the third quarter.
Lord Abbett & CO. LLC now owns 1,029,209 shares of the company’s stock worth $12,463,000 after acquiring an additional 216,870 shares during the last quarter. Institutional investors and hedge funds own 83.
18% of the company’s stock. Insider Transactions at Arlo Technologies In other Arlo Technologies news, General Counsel Brian Busse sold 6,593 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $11.
50, for a total value of $75,819.50. Following the transaction, the general counsel now directly owns 612,743 shares of the company’s stock, valued at approximately $7,046,544.
50. The trade was a 1.06 % decrease in their ownership of the stock.
The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink . Also, CEO Matthew Blake Mcrae sold 259,227 shares of Arlo Technologies stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $12.
03, for a total transaction of $3,118,500.81. Following the completion of the sale, the chief executive officer now owns 2,945,905 shares of the company’s stock, valued at $35,439,237.
15. This represents a 8.09 % decrease in their position.
The disclosure for this sale can be found here . Insiders sold a total of 1,017,441 shares of company stock worth $11,448,097 over the last three months. 3.
80% of the stock is owned by company insiders. Arlo Technologies Stock Up 2.6 % Analysts Set New Price Targets ARLO has been the subject of several research reports.
BWS Financial reissued a “buy” rating and issued a $24.00 price objective on shares of Arlo Technologies in a research note on Friday, February 28th. Roth Capital set a $22.
00 target price on Arlo Technologies in a research report on Friday, February 28th. Finally, Craig Hallum boosted their price target on Arlo Technologies from $15.00 to $17.
00 and gave the stock a “buy” rating in a report on Friday, February 28th. Get Our Latest Analysis on Arlo Technologies Arlo Technologies Company Profile ( Free Report ) 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.
Further Reading Want to see what other hedge funds are holding ARLO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Arlo Technologies, Inc. ( NYSE:ARLO – Free Report ).
Receive News & Ratings for Arlo Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arlo Technologies and related companies with MarketBeat.com's FREE daily email newsletter ..
