Brandes Investment Partners Adds $27M in Arlo Technologies, Inc. ($ARLO)
Brandes Investment Partners boosts its position in Arlo Technologies by 24.6% as of May 15, 2026.
Key Points
- Brandes Investment Partners increased its stake in Arlo Technologies by 24.6%, adding 2,020,147 shares, bringing its total to 10,218,854 shares.
- Arlo Technologies has a market cap of approximately $1.4 billion and a forward P/E ratio of 13.08, with shares trading at around $12.92.
- Insider transactions include CFO Kurtis Joseph Binder selling shares under a planned sale, while analysts like Oppenheimer have set a $20 price target.
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Brandes Investment Partners has significantly increased its stake in Arlo Technologies, Inc. (NYSE:ARLO). According to its latest SEC filing, the investment firm added 2,020,147 shares, boosting its total holdings by 24.6% to 10,218,854 shares. The value of Brandes' position in Arlo is now approximately $132 million as of the reporting period ending May 15, 2026.
What Changed in Brandes Investment Partners' Arlo Technologies Position
Brandes Investment Partners lifted its stake in Arlo Technologies from 8,198,707 shares to 10,218,854 shares, representing an increase of 2,020,147 shares or 24.6%. This move suggests a strong belief in Arlo's potential, with the investment now valued at about $132 million.
Other Institutional Activity in Arlo Technologies
Several other institutional investors have also been active in Arlo Technologies. BlackRock, Inc. slightly increased its holdings by 240,177 shares, bringing its total to 17,044,376 shares valued at approximately $242.5 million. Vanguard Portfolio Management LLC initiated a position with 5,427,545 shares worth about $77.2 million. Meanwhile, Wasatch Advisors LP added 103,782 shares, ending with 5,426,267 shares valued at $77.2 million. State Street Corp also increased its holdings by 104,180 shares, reaching a total of 4,317,921 shares worth roughly $61.4 million.
Arlo Technologies, Inc. Stock Up 4.6%
Shares of Arlo Technologies are trading around $12.92. The company has a market capitalization of about $1.4 billion and a forward P/E ratio of 13.08, indicating expectations of future earnings growth. Arlo's stock has seen a 52-week low of $11.05 and a high of $19.94. The company's 50-day moving average is $13.67, while the 200-day moving average stands at $14.72.
$ARLO stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Arlo Technologies reported revenue of $560.6 million, with a revenue growth rate of 26.3%. The company achieved a net margin of 5.47% and a return on equity of 23.32%. Earnings per share were $0.28. The next earnings report is expected on August 6, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
Analyst view held steady after the report.
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EPS & revenue
EPS beat estimates by 42.6%. Revenue beat estimates by 5.5%.
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Profit surprise
EBITDA missed by 64 percent. Operating income missed by 62 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
- Analyst signal
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Earnings quality
Gross margin up 4.0 points. Operating margin up 6.2 points. Negative free cash flow.
Earnings Call Summary
Arlo reported record revenue of 150 million dollars, up 26 percent from last year, and non-GAAP earnings of 28 cents per share, up 86 percent year over year. The company added 318,000 paid subscriber accounts, well ahead of targets, bringing the total to 6 million accounts. Annual recurring revenue jumped to 357 million dollars, up 29 percent. Management highlighted major partnerships with ADT, Samsung and Comcast that will launch soon and drive 2027 growth, plus the acquisition of Aloe Care to enter the 23 billion dollar age-in-place market.
Guidance The company expects revenue of 145 million to 155 million in the second quarter, roughly flat with Q1. Management reaffirmed full year targets for 2026 and signaled strong momentum into 2027 with partnerships from ADT, Samsung and Comcast launching or expanding. They plan to spend more on research and product development while integrating recent acquisitions like Aloe Care.
Underwhelming report. Mixed results that may lead to slightly lower expectations.
Insider Buying and Selling at Arlo Technologies, Inc.
Recent insider transactions at Arlo Technologies include planned sales by CFO Kurtis Joseph Binder. On May 8, 2026, Binder sold 65,000 shares at an average price of $15.70. Earlier, on April 17 and April 6, he sold 25,000 shares each at prices of $15.19 and $13.99, respectively. These sales were part of a pre-arranged trading plan.
Analysts Set New Price Targets
On May 18, 2026, Oppenheimer initiated coverage of Arlo Technologies with a "buy" rating and a price target of $20. The consensus among analysts is a "buy" rating, with a mean target price of $21.40, based on five analyst opinions.
About Arlo Technologies
Arlo Technologies, Inc. is an industrials sector company specializing in building products and equipment. Headquartered in Carlsbad, California, the company provides cloud-based platform services globally. Arlo's offerings include smart home protection devices like cameras and doorbells, security systems, and professional monitoring services. Led by CEO Matthew Blake McRae, Arlo employs approximately 376 people.
Bottom Line
Brandes Investment Partners' increased stake in Arlo Technologies highlights its confidence in the company's future. This 13F filing reflects the firm's holdings as of May 15, 2026, and may not represent its current position. Investors often track such filings to gauge institutional sentiment and potential future stock movements.
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