Intel stock extends gains after report of possible U.S. government stake
Arlo Technologies (NYSE:ARLO) NASDAQ:ARLO Chief Financial Officer Kurtis Joseph Binder sold 113,912 shares of common stock on August 8, 2025, for approximately $2.11 million. The sale comes as the stock trades near its 52-week high of $19.25, having surged 58% over the past six months. According to InvestingPro data, analysts maintain a bullish outlook with price targets ranging from $22 to $26. The shares were sold at a weighted average price of $18.558, with individual prices ranging from $18.26 to $19.05.
Following the transaction, Binder directly owns 809,615 shares of Arlo Technologies.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 29, 2024.
In other recent news, Arlo Technologies reported its second-quarter 2025 earnings, showcasing a performance that exceeded analysts’ expectations. The company achieved earnings per share of $0.17, surpassing the forecasted $0.15. Additionally, Arlo Technologies reported revenue of $129.4 million, which was above the anticipated $123.33 million. These financial results highlight the company’s strong performance during the quarter. Analysts have noted the positive earnings and revenue figures as a testament to Arlo’s effective strategic initiatives. The earnings announcement has garnered attention from investors, reflecting a sense of confidence in the company’s growth prospects. Such developments are crucial for investors looking to assess Arlo Technologies’ financial health and future potential.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.