Arlo TechnologiesARLO
Market Cap: $1.1B
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 Q2 SEC filings by fund managers ($100M+ AUM)
398% more call options, than puts
Call options by funds: $3.06M | Put options by funds: $614K
67% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 5 (+2) [Q2]
9% more capital invested
Capital invested by funds: $1.05B [Q1] → $1.15B (+$93.9M) [Q2]
3.37% more ownership
Funds ownership: 86.88% [Q1] → 90.25% (+3.37%) [Q2]
7% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 73
7% less funds holding
Funds holding: 215 [Q1] → 199 (-16) [Q2]
37% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 43
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
BWS Financial Hamed Khorsand 59% 1-year accuracy 40 / 68 met price target | 118%upside $24 | Buy Maintained | 9 Aug 2024 |
Roth MKM Scott Searle 54% 1-year accuracy 19 / 35 met price target | 63%upside $18 | Buy Maintained | 22 Jul 2024 |
BWS Financial Hamed Khorsand 59% 1-year accuracy 40 / 68 met price target | 118%upside $24 | Buy Maintained | 9 Jul 2024 |