Arlo TechnologiesARLO
Market Cap: 1.51B
About: Arlo Technologies Inc is engaged in the provision of security and video monitoring solutions for homes and businesses. It provides different products and services such as, subscription based services like Arlo Secure, Arlo Total Security, Arlo Safe, and security devices, like smart Wi-Fi and LTE-enabled cameras, video doorbells, floodlight cameras and home security systems. Geographically, the company generates majority of its revenue from the United States and rest from Spain, Ireland and other regions.
Employees: 363
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
824% more call options, than puts
Call options by funds: $5.75M | Put options by funds: $622K
200% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2023] → 3 (+2) [Q1 2024]
36% more capital invested
Capital invested by funds: $761M [Q4 2023] → $1.04B (+$274M) [Q1 2024]
25% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 32
4% more funds holding
Funds holding: 204 [Q4 2023] → 212 (+8) [Q1 2024]
0.84% more ownership
Funds ownership: 84.5% [Q4 2023] → 85.34% (+0.84%) [Q1 2024]
8% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 75
Research analyst outlook
6 Wall Street Analysts provided 1 year price forecasts over the past 6 months
6 analyst ratings
Roth MKM Scott Searle | 16%upside $18 | Buy Maintained | 22 Jul 2024 |
BWS Financial Hamed Khorsand | 55%upside $24 | Buy Maintained | 9 Jul 2024 |
Craig-Hallum Anthony Stoss | 10%upside $17 | Buy Maintained | 10 May 2024 |
BWS Financial Hamed Khorsand | 10%upside $17 | Buy Maintained | 10 May 2024 |
Roth MKM Scott Searle | 7%upside $16.5 | Buy Maintained | 10 May 2024 |
Financial journalist opinion
Based on 4 articles about ARLO published over the past 30 days