Grady Summers Acquires Shares in Arlo Technologies

Grady Summers, an insider at Arlo Technologies, Inc. (NYSE:ARLO), purchased 14,931 shares of the company on June 18, 2026. This transaction did not involve any planned acquisition program and reflects a direct purchase by Summers. The shares traded near $13.06 on Monday.

Insider Buying and Selling at Arlo Technologies, Inc.

Several insiders at Arlo Technologies made similar purchases on June 18, 2026. Prashant Aggarwal, Catriona Fallon, Jocelyn Carter Miller, Ralph Faison, and Amy Rothstein each acquired 14,931 shares. None of these transactions were part of a pre-arranged trading plan.

Other Institutional Activity in Arlo Technologies

In recent institutional activity, BlackRock, Inc. added 240,177 shares to its holdings, bringing its total to 17,044,376 shares valued at approximately $242.5 million, marking a 1.4% increase. Brandes Investment Partners, LP significantly increased its stake by 2,020,147 shares, now holding 10,218,854 shares worth around $145.4 million, a 24.6% increase. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions, acquiring 5,427,545 and 4,451,208 shares, respectively. State Street Corp grew its holdings by 104,180 shares to 4,317,921 shares, valued at about $61.4 million, a 2.5% increase.

Arlo Technologies, Inc. Stock Up 2.6%

Shares of Arlo Technologies, Inc. traded at approximately $13.06 on Monday. The company has a market capitalization of around $1.42 billion and a forward P/E ratio of 13.22. The stock's beta is 1.554, indicating higher volatility compared to the market. Over the past year, shares have ranged from $11.05 to $19.94, with a 50-day moving average of $13.60 and a 200-day moving average of $14.63. The company maintains a current ratio of 1.52 and a quick ratio of 1.21, with a debt-to-equity ratio of 5.17.

Analysts Set New Price Targets

On May 18, 2026, Oppenheimer initiated coverage of Arlo Technologies with a 'buy' rating and a $20 price target. The consensus among analysts is a 'buy' rating, with an average target price of $21.40 based on five analyst opinions.

About Arlo Technologies

Arlo Technologies, Inc. is an industrials company operating in the building products and equipment industry. Headquartered in Carlsbad, California, and led by CEO Matthew Blake McRae, the company offers cloud-based platform services globally. Its products include smart home security systems and cameras that provide high-resolution video and comprehensive coverage. Arlo also offers subscription-based services for enhanced security and monitoring.

Bottom Line

Grady Summers' recent purchase of Arlo Technologies shares highlights insider confidence in the company's future. Investors often track such transactions for insights into management's outlook. While these insider activities provide valuable signals, it's important to remember that they reflect past events and may not indicate future performance.