May. 19 at 12:09 PM
$ARLO - looked up insider trading. Per google ai;
“Arlo Technologies (ARLO) insiders are exclusively selling stock right now. There have been exactly zero open-market insider purchases over the last 12 months.Over the past 90 days alone, corporate executives and officers have sold over
$7.54 million worth of shares.”
And,
“The selling is concentrated among the company's three highest-ranking executives:
Kurtis Joseph Binder (CFO): Executed the most recent transaction on May 8, 2026, selling 65,000 shares at
$15.70 (totaling
$1.02 million). Binder has systematically trimmed his position throughout early 2026, including notable sales in March and April.
Matthew Blake McRae (CEO): Sold 153,433 shares on March 12, 2026, at an average price of
$13.78 (totaling
$2.11 million).
Brian Busse (General Counsel): Sold 25,525 shares on March 12, 2026, at
$13.78 (totaling
$351,734)
They do hold a lot of shares but hate to see them sell at this time/prices.
Thoughts?