ARM (NASDAQ:ARM) Trading 16.2% Higher – Here’s What Happened

Posted by George Bondi on May 21st, 2026

ARM Holdings PLC Sponsored ADR (NASDAQ:ARM – Get Free Report)’s stock price shot up 16.2% during mid-day trading on Thursday . The stock traded as high as $298.70 and last traded at $298.23. 21,535,870 shares traded hands during trading, an increase of 166% from the average session volume of 8,108,127 shares. The stock had previously closed at $256.73.

Key ARM News

Here are the key news stories impacting ARM this week:

Positive Sentiment: Jefferies said Nvidia’s bullish comments on its Arm-based Vera CPU business support ARM’s growth narrative. Article: Nvidia CPU comments read positively for this chip stock: analyst
Positive Sentiment: Bernstein initiated coverage with an Outperform rating and a $300 target, highlighting ARM’s role in the CPU and AI chip ecosystem. Article: Arm Holdings (ARM) Hits All-Time High on Bernstein Upbeat Rating
Positive Sentiment: Several market reports said ARM is benefiting from renewed enthusiasm for AI-linked semiconductor names and custom silicon demand. Article: Why Arm Holdings Stock Popped Today
Neutral Sentiment: Multiple insider sales were disclosed, including transactions by the CFO and other executives, but several were tied to pre-arranged 10b5-1 plans or tax withholding obligations, which makes them less concerning than discretionary selling.
Negative Sentiment: Reports of a possible U.S. antitrust probe remain a risk and could weigh on sentiment if regulators intensify scrutiny of ARM’s licensing model. Article: Arm Falls on Reported US Antitrust Probe

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. TD Cowen raised their price target on ARM from $165.00 to $265.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Rosenblatt Securities upped their price objective on shares of ARM from $175.00 to $270.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. JPMorgan Chase & Co. decreased their price objective on shares of ARM from $180.00 to $145.00 and set an “overweight” rating on the stock in a research report on Thursday, February 5th. HSBC upgraded shares of ARM from a “reduce” rating to a “buy” rating and upped their price objective for the stock from $90.00 to $205.00 in a research report on Friday, March 20th. Finally, Guggenheim boosted their price target on shares of ARM from $240.00 to $255.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Twenty analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, ARM presently has a consensus rating of “Moderate Buy” and an average target price of $208.79.

Check Out Our Latest Stock Report on ARM

ARM Stock Performance

The stock has a market capitalization of $315.08 billion, a P/E ratio of 355.04, a price-to-earnings-growth ratio of 8.10 and a beta of 3.40. The firm has a 50-day moving average price of $171.77 and a 200 day moving average price of $141.63.

ARM (NASDAQ:ARM – Get Free Report) last announced its quarterly earnings data on Wednesday, April 1st. The company reported $0.60 EPS for the quarter. The firm had revenue of $1.49 billion for the quarter. ARM had a return on equity of 12.43% and a net margin of 18.37%. On average, equities analysts anticipate that ARM Holdings PLC Sponsored ADR will post 1.12 earnings per share for the current fiscal year.

Insider Transactions at ARM

In other news, insider Spencer Collins sold 40,941 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $215.00, for a total value of $8,802,315.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider William Abbey sold 5,069 shares of ARM stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $257.18, for a total transaction of $1,303,645.42. Following the completion of the transaction, the insider owned 38,284 shares in the company, valued at approximately $9,845,879.12. The trade was a 11.69% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 264,506 shares of company stock worth $53,198,992.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Rathbones Group PLC increased its position in ARM by 4,638.8% during the fourth quarter. Rathbones Group PLC now owns 500,043 shares of the company’s stock valued at $54,660,000 after acquiring an additional 489,491 shares during the last quarter. Paragon Capital Management Inc. bought a new stake in shares of ARM during the 4th quarter valued at about $826,000. Lansdowne Partners UK LLP bought a new stake in shares of ARM during the 3rd quarter valued at about $8,486,000. Hyperion Asset Management Ltd bought a new stake in shares of ARM during the 3rd quarter valued at about $202,980,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of ARM by 34.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 24,188 shares of the company’s stock worth $2,644,000 after buying an additional 6,232 shares during the last quarter. 7.53% of the stock is owned by institutional investors.

About ARM

(Get Free Report)

Arm Limited (NASDAQ: ARM) is a global semiconductor IP company best known for designing energy-efficient processor architectures and related technologies that underpin a wide range of computing devices. Founded in 1990 as a joint venture between Acorn Computers, Apple and VLSI Technology and headquartered in Cambridge, England, Arm develops the ARM instruction set architectures and core processor designs that chipmakers license and integrate into custom system-on-chip (SoC) products. The company operates a licensing and royalty business model rather than manufacturing chips itself.

Arm’s product portfolio includes CPU core families (such as Cortex and Neoverse lines), GPU and multimedia IP (Mali), neural processing units (Ethos) and a suite of system and physical IP blocks.