Arlo Technologies CFO Kurtis Binder sells $501,865 in company stock

Arlo Technologies CFO Kurtis Binder sold 33,394 shares of the company's common stock for a total of $501,865 on November 4, 2026. The transactions were carried out under a pre-arranged Rule 10b5-1 trading plan, which Binder adopted on March 10, 2026. Each share was sold at a price between $15.00 and $15.10, with an average of $15.0286 per share.

Following the sale, Binder retains ownership of 312,147 shares of Arlo Technologies common stock. The sale occurred as Arlo's stock price was trading at $14.84, slightly below Binder's sale price. Despite the stock's high P/E ratio of 52.27, its PEG ratio of 0.1 indicates a potentially attractive valuation relative to growth prospects.

The company’s stock appears overvalued based on InvestingPro analysis, which estimates its fair value at a lower level. Investors can access further valuation insights and 14 additional InvestingPro Tips through the Pro Research Report covering ARLO and 1,400+ other US equities. Recently, Arlo Technologies reported Q3 2026 earnings that exceeded Wall Street expectations, posting adjusted earnings of $0.24 per share compared to the forecasted $0.18 per share.

Revenue also surpassed forecasts at $149.17 million, representing an 11.98% increase over the anticipated $133.21 million. Despite this strong financial performance, the stock saw a decline in after-hours trading, as investors focused on the company's near-term outlook and product revenue pressures.