Arlo Technologies Inc’s filing revealed that its GENERAL COUNSEL Busse Brian unloaded Company’s shares for reported $0.2 million on Feb 12 ’25. In the deal valued at $11.11 per share,17,669 shares were sold. As a result of this transaction, Busse Brian now holds 606,832 shares worth roughly $6.96 million.
Then, MCRAE MATTHEW BLAKE sold 146,338 shares, generating $1,626,196 in total proceeds. Upon selling the shares at $11.11, the CEO now owns 3,183,380 shares.
Before that, Busse Brian sold 11,475 shares. Arlo Technologies Inc shares valued at $131,186 were divested by the GENERAL COUNSEL at a price of $11.43 per share. As a result of the transaction, Busse Brian now holds 590,983 shares, worth roughly $6.78 million.
Craig Hallum reiterated its Arlo Technologies Inc [ARLO] rating to a Buy in a research note published on November 08, 2024; the price target was $15. A number of analysts have revised their coverage, including ROTH MKM’s analysts, who began to cover the stock in late October with a ‘”a Buy”‘ rating. Craig Hallum began covering ARLO with “Buy” recommendation on June 29, 2023. Lake Street started covering the stock on January 25, 2022. It rated ARLO as “a Buy”.
Price Performance Review of ARLO
On Friday, Arlo Technologies Inc [NYSE:ARLO] saw its stock jump 2.05% to $11.47. Over the last five days, the stock has lost -0.09%. Arlo Technologies Inc shares have risen nearly 2.50% since the year began. Nevertheless, the stocks have risen 31.39% over the past one year. While a 52-week high of $17.64 was reached on 01/22/25, a 52-week low of $8.57 was recorded on 01/02/25. SMA at 50 days reached $11.73, while 200 days put it at $12.40.
Levels Of Support And Resistance For ARLO Stock
The 24-hour chart illustrates a support level at 11.26, which if violated will result in even more drops to 11.04. On the upside, there is a resistance level at 11.64. A further resistance level may holdings at 11.80. The Relative Strength Index (RSI) on the 14-day chart is 48.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 37.97%. Stochastics %K at 41.62% indicates the stock is a holding.
