Arlo technologies director Amy Rothstein sells $149,218 in stock

Amy M. Rothstein, a director at Arlo Technologies, Inc., sold 9,251 shares of the company's common stock on August 7, 2026. The transaction amounted to $149,218, with each share sold at a price of $16.13. This sale was carried out in accordance with a pre-approved Rule 10b5-1 trading plan that Rothstein established on March 11, 2026. Post this sale, she directly owns 66,372 shares of Arlo Technologies common stock.

As of the transaction, the price per share ($16.13) was higher than the current trading price ($14.33). Arlo Technologies, valued at $1.54 billion, has seen a significant 25% return over the past six months, according to InvestingPro data. Analysts have expressed optimism, with price targets ranging from $18 to $25, indicating a potential upside of 47%. However, InvestingPro analysis suggests the stock is currently overvalued, placing it among companies on the Most Overvalued list.

In its recent second quarter 2026 results, Arlo Technologies surpassed Wall Street expectations. The company reported adjusted earnings of $0.28 per share, up from the forecasted $0.19 per share. Revenue for the quarter reached $156 million, surpassing the anticipated $148.93 million, marking a 21% increase in total revenue compared to the same period last year.

This represents a record revenue of $155.9 million. The company's service revenue, recognized for its high margins, also reached a new record for the second consecutive quarter, reinforcing positive sentiment on Arlo's financial performance and future outlook.