Arlo Technologies Soars 3.51% on Bullish Outlook

Generated by AI AgentAinvest Movers Radar
Friday, Apr 11, 2025 5:37 am ET1min read
ARLO--

On April 11, 2025, Arlo TechnologiesARLO-- saw a pre-market rise of 3.51%, indicating a positive start to the trading day.

Analysts have given Arlo Technologies a "Strong Buy" rating, with an average 12-month stock price forecast of $19.67, representing a significant increase from current levels. This optimistic outlook is likely contributing to the recent bullish sentiment surrounding the stock.

Recent insider trading activity has also caught the attention of investors. The chief executive officer sold shares at an average price of $12.03, totaling $3,118,500.81. Such transactions can sometimes signal confidence or strategic moves by company leadership, potentially influencing market sentiment.

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