The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Arlo Technologies Inc shares valued at $656,597 were sold by MCRAE MATTHEW BLAKE on Mar 11 ’25. At $11.09 per share, MCRAE MATTHEW BLAKE sold 59,226 shares. The insider’s holdings dropped to 2,427,452 shares worth approximately $25.76 million following the completion of this transaction.
Also, MCRAE MATTHEW BLAKE sold 259,227 shares, netting a total of over 3,117,282 in proceeds. Following the sale of shares at $12.03 each, the insider now holds 2,945,905 shares.
Before that, MCRAE MATTHEW BLAKE had sold 259,227 shares from its account. In a trade valued at $3,056,649, the CEO traded Arlo Technologies Inc shares for $11.79 each. Upon closing the transaction, the insider’s holdings decreased to 259,227 shares, worth approximately $28.51 million.
As published in a research note from Craig Hallum on February 28, 2025, Arlo Technologies Inc [ARLO] has been retained to a Buy and the price target has been revised to $17. Analysts at Craig Hallum resumed the stock at ‘”a Buy”‘ outlook in a report released in early November. As of October 31, 2023, ROTH MKM has initiated its “Buy” rating for ARLO. Earlier on June 29, 2023, Craig Hallum initiated its rating. Their recommendation was “a Buy” for ARLO stock.
Analyzing ARLO Stock Performance
During the last five days, there has been a drop of approximately -13.60%. Over the course of the year, Arlo Technologies Inc shares have dropped approximately -5.18%. Shares of the company reached a 52-week high of $14.47 on 02/28/25 and a 52-week low of $10.54 on 03/12/25. A 50-day SMA is recorded $11.62, while a 200-day SMA reached $12.36.
Support And Resistance Levels for Arlo Technologies Inc (ARLO)
According to the 24-hour chart, there is a support level at 10.37, which, if violated, would cause prices to drop to 10.14. In the upper region, resistance lies at 11.01. The next price resistance is at 11.42. RSI (Relative Strength Index) is 40.46 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.98, which suggests the price will decrease in the coming days. Percent R is at 98.22%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
