NETGEAR and Arlo Announce Closing of Initial Public Offering
NETGEAR, Inc. (NTGR)
Last netgear, inc. earnings: 4/22 04:05 pm
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US:NASDAQ Investor Relations:
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Source: GlobeNewswire
SAN JOSE, Calif., Aug. 07, 2018 (GLOBE NEWSWIRE) -- NETGEAR, Inc. (NASDAQ: NTGR) and Arlo Technologies, Inc. (NYSE: ARLO) (“Arlo”), today announced the closing of Arlo’s initial public offering (“IPO”) of 11,747,250 shares of Arlo’s common stock at a price to the public of $16.00 per share, which included the underwriters’ full exercise of their option to purchase 1,532,250 shares to cover over-allotments. The shares began trading on the New York Stock Exchange under the symbol "ARLO" on August 3, 2018. Upon the closing of the IPO, NETGEAR owned approximately 84.2% of the shares of Arlo’s outstanding common stock. This is based on 74,247,250 shares of Arlo's common stock outstanding following the IPO. BofA Merrill Lynch, Deutsche Bank Securities and Guggenheim Securities acted as lead book-running managers for the offering. Raymond James, Cowen and
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News
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- NETGEAR, Inc. (NASDAQ: NTGR) had its "buy" rating re-affirmed by analysts at BWS Financial. They now have a $30.00 price target on the stock.MarketBeat
- With 86% institutional ownership, NETGEAR, Inc. (NASDAQ:NTGR) is a favorite amongst the big guns [Yahoo! Finance]Yahoo! Finance
NTGR
Earnings
- 2/7/24 - Beat
NTGR
Sec Filings
- 4/18/24 - Form DEFA14A
- 4/18/24 - Form DEF
- 4/18/24 - Form ARS
- NTGR's page on the SEC website