Arlo CEO Sells $1.23M Stake as Inventory Reduction Spurs Growth Prospects
Arlo Technologies CEO Matthew Blake McRae sold 90,089 shares on January 9, reducing his stake by 8.13% to 1,018,163 shares following earlier sales. The stock trades at 14.4x EV/FY26 EBITDA with projected 7.4% revenue growth and 15.5% margins as channel inventory tightens ahead of restocking.
Related News
TOL
Toll Brothers Beats Q2 Revenue Guidance by $110M, Raises Delivery and Buyback Plans
TOL•
SONM
DNA X nets $6.3 million in Q1 from $15 million asset sale, repays debt
SONM•
MS
Morgan Stanley to Co-Lead SpaceX’s $1.75T Nasdaq IPO with Four Banks
MS•
NVDA
Nvidia posts US$81.6B Q1 revenue, forecasts US$91B for Q2
NVDA•
WMT
Walmart Set for Q1 EPS of $0.66 on $175B Revenue; Value Outlook Tempered
WMT•
Sources
FS