Arlo Technologies CFO Binder sells $920k in stock

Published 16/10/2025, 21:28
Arlo Technologies CFO Binder sells $920k in stock

Arlo Technologies (NYSE:ARLO) Chief Financial Officer Kurtis Joseph Binder sold 51,668 shares of common stock on October 15, 2025, for approximately $920,527. The shares were sold at a weighted average price of $17.8162, with individual sales prices ranging from $17.61 to $17.99. The transaction comes as Arlo’s stock has surged nearly 96% over the past six months, according to InvestingPro data.

Following the transaction, Binder directly owns 416,013 shares of Arlo Technologies .

The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 15, 2025. The transaction was reported in a Form 4 filing with the Securities and Exchange Commission.

In other recent news, Arlo Technologies reported its second-quarter 2025 earnings, revealing a strong performance. The company posted earnings per share of $0.17, surpassing the forecasted $0.15. Additionally, Arlo Technologies exceeded revenue expectations, reporting $129.4 million compared to the anticipated $123.33 million. These results highlight the company’s ability to outperform market predictions, reflecting positively on its financial health. While the earnings figures were a standout, no major mergers or acquisitions were reported in this period. Analyst upgrades or downgrades were not mentioned, suggesting a stable outlook from financial experts. These developments underscore Arlo Technologies’ recent achievements and its ongoing strategic initiatives.

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