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

Investing.com · 2026-11-06 06:46 UTC

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

Kurtis Binder, Chief Financial Officer of Arlo Technologies, Inc. (NASDAQ:ARLO), recently sold 33,394 shares of the company’s common stock for a total value of $501,865. The transactions occurred on November 4, 2026.

The shares were sold at prices ranging from $15.00 to $15.10, with a weighted average sale price of $15.0286 per share. These sales were executed under a pre-arranged Rule 10b5-1 trading plan, which Mr. Binder adopted on March 10, 2026.

Following these transactions, Mr. Binder directly holds 312,147 shares of Arlo Technologies common stock.The insider sale comes as Arlo’s stock trades at $14.84, slightly below the CFO’s sale price. Despite the high P/E ratio of 52.27, the company’s PEG ratio of just 0.1 suggests attractive valuation relative to growth prospects. According to InvestingPro analysis, the stock appears overvalued compared to its Fair Value estimate. Investors can access detailed valuation insights and 14 additional InvestingPro Tips, plus a comprehensive Pro Research Report covering ARLO and 1,400+ other US equities.

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