Arlo Technologies Director Ralph E. Faison Buys 8,842 Shares At An Average Price Of $11.89
Portfolio Pulse from Benzinga Newsdesk
Arlo Technologies Director Ralph E. Faison has purchased 8,842 shares of the company at an average price of $11.89, according to an SEC Form 4 filing.
August 14, 2024 | 6:40 pm
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POSITIVE IMPACT
Arlo Technologies Director Ralph E. Faison has purchased 8,842 shares at an average price of $11.89, indicating confidence in the company's future prospects.
Insider buying is generally seen as a positive signal by investors, indicating that those with the most knowledge of the company believe in its future prospects. This could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100