ARLO Arlo Technologies, Inc.

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 2/4 quarters. Q2 2026: $1M, Q1 2026: $15M, Q3 2025: $0M, Q2 2025: $0M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $1M vs trailing avg $5M (-82%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Buyback $16M / FCF $1M = 1884% of FCF

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 6,500,000 shares = 6.2% of 105,030,947 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

No insider open-market purchases in the last 12 months

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Need both buyback and insider purchase data

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $1M in the last 90 days (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 30086536.2x more than bought. 2 C-suite officers among sellers

• Binder Kurtis Joseph (CHIEF FINANCIAL OFFICER) sold 13,971 shares on 2026-08-03
• Binder Kurtis Joseph (CHIEF FINANCIAL OFFICER) sold 27,297 shares on 2026-08-04
• Binder Kurtis Joseph (CHIEF FINANCIAL OFFICER) sold 16,507 shares on 2026-07-06
• Binder Kurtis Joseph (CHIEF FINANCIAL OFFICER) sold 65,000 shares on 2026-05-08
• Binder Kurtis Joseph (CHIEF FINANCIAL OFFICER) sold 25,000 shares on 2026-04-17
• Binder Kurtis Joseph (CHIEF FINANCIAL OFFICER) sold 25,000 shares on 2026-04-06
• Binder Kurtis Joseph (CHIEF FINANCIAL OFFICER) sold 179,419 shares on 2026-03-12
• MCRAE MATTHEW BLAKE (CEO) sold 153,433 shares on 2026-03-12
• Binder Kurtis Joseph (CHIEF FINANCIAL OFFICER) sold 9,665 shares on 2026-03-04
• Binder Kurtis Joseph (CHIEF FINANCIAL OFFICER) sold 12,539 shares on 2026-03-03