{
  "id": 18458123,
  "title": "Arlo Technologies CFO Kurtis Binder sells $501,865 in company stock",
  "url": "https://urgent.news/2026/11/06/arlo-technologies-cfo-kurtis-binder-sells-501-865-in-company-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-06T06:46:05.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/arlo-technologies-cfo-kurtis-binder-sells-501865-in-company-stock-93CH-5006614"
  },
  "original_language": "en",
  "account": "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.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}