6 days Ago By ABMN Staff
XTX Topco Ltd bought a new position in shares of Arlo Technologies, Inc. ( NYSE:ARLO – Free Report ) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 16,841 shares of the company’s stock, valued at approximately $188,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ARLO. Vanguard Group Inc. boosted its holdings in shares of Arlo Technologies by 1.
7% during the 4th quarter. Vanguard Group Inc. now owns 9,821,417 shares of the company’s stock worth $109,902,000 after buying an additional 166,823 shares during the period.
Brandes Investment Partners LP lifted its position in Arlo Technologies by 7.0% during the 4th quarter. Brandes Investment Partners LP now owns 5,732,547 shares of the company’s stock worth $64,147,000 after acquiring an additional 375,903 shares during the last quarter.
Geode Capital Management LLC boosted its holdings in Arlo Technologies by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 2,219,076 shares of the company’s stock valued at $24,838,000 after acquiring an additional 26,803 shares during the period.
Emerald Advisers LLC grew its position in shares of Arlo Technologies by 116.9% in the fourth quarter. Emerald Advisers LLC now owns 1,666,482 shares of the company’s stock valued at $18,648,000 after purchasing an additional 898,167 shares during the last quarter.
Finally, Royce & Associates LP increased its stake in shares of Arlo Technologies by 16.3% in the fourth quarter. Royce & Associates LP now owns 1,637,080 shares of the company’s stock worth $18,319,000 after purchasing an additional 229,450 shares during the period.
Institutional investors and hedge funds own 83.18% of the company’s stock. Arlo Technologies Stock Performance Shares of NYSE:ARLO opened at $9.
90 on Tuesday. The business has a fifty day moving average of $10.31 and a 200-day moving average of $11.
18. Arlo Technologies, Inc. has a twelve month low of $7.
84 and a twelve month high of $17.64. The firm has a market cap of $1.
01 billion, a PE ratio of -39.60 and a beta of 1.71.
Insider Activity Wall Street Analysts Forecast Growth A number of research firms have issued reports on ARLO. BWS Financial reaffirmed a “buy” rating and issued a $24.00 target price on shares of Arlo Technologies in a report on Thursday, April 24th.
Craig Hallum boosted their target price on shares of Arlo Technologies from $15.00 to $17.00 and gave the stock a “buy” rating in a research report on Friday, February 28th.
Finally, Roth Capital set a $22.00 price target on shares of Arlo Technologies in a report on Friday, February 28th. Read Our Latest Research Report on ARLO About Arlo Technologies ( 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.
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