D-Wave Quantum falls nearly 3% as earnings miss overshadows revenue beat
Arlo Technologies (NYSE:ARLO) NASDAQ:ARLO CEO Matthew Blake Mcrae sold 14,228 shares of company stock on August 4, 2025, for approximately $227,192, at a price of $15.968. The transaction comes as the security technology company’s stock has shown remarkable strength, gaining nearly 40% over the past six months. According to InvestingPro data, analysts have set price targets ranging from $15 to $24 for the stock, which currently trades slightly above its Fair Value.
According to a Form 4 filing with the Securities and Exchange Commission, Mcrae also exercised 26,540 performance stock units on August 3.
These units converted into common stock. Following these transactions, Mcrae directly owns 1,474,017 shares of Arlo Technologies.
In other recent news, Arlo Technologies has achieved a significant financial milestone by surpassing $300 million in annual recurring revenue. This accomplishment highlights the company’s rapid growth, reaching this target in under six years since its inception. The company attributes its success to its subscription services and the Arlo Intelligence™ AI engine, which have been widely adopted. Arlo Technologies also reported its Q1 2025 financial results, beating earnings expectations with an earnings per share of $0.15, compared to the forecast of $0.10. Revenue for the quarter reached $119 million, slightly above projections. The company has over 11 million registered households and more than 5 million paid subscribers, underscoring its strong customer base. Arlo Technologies continues to maintain high customer retention rates, which it credits to its user experience design and customer service.
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