Arlo Technologies Soars 11.11% on Institutional Buying

Generated by AI AgentAinvest Movers Radar
Monday, May 5, 2025 4:10 am ET1min read

Arlo Technologies' stock surged 11.11% in pre-market trading on May 5, 2025, reflecting a significant upward momentum.

Several institutional investors have recently adjusted their holdings in

. Asset Management Inc. increased its stake by 37.7%, while Advisers LLC boosted its position by 116.9%. Additionally, Inc. and Brandes Investment Partners LP also made substantial investments in the company. These moves indicate a growing institutional interest in Arlo Technologies.

Insider trading activities have also been notable. General Counsel Brian Busse sold 11,475 shares, and CEO Matthew Blake Mcrae sold 25,405 shares. These transactions, while reducing their personal holdings, still leave them with significant stakes in the company.

Arlo Technologies has been the subject of various research reports. Roth Capital set a price target of $22.00, while BWS Financial reiterated a "buy" rating with a $24.00 target. Craig Hallum also raised their target price to $17.00, further underscoring the positive sentiment among analysts.

Arlo Technologies continues to innovate in the smart home security market with products like the Arlo Ultra 2, which offers 4K video resolution and advanced features. The company's focus on cutting-edge technology and security solutions is likely to drive future growth and investor confidence.

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