Modus Advisors LLC grew its stake in ARM Holdings PLC Sponsored ADR (NASDAQ:ARM – Free Report) by 24.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,497 shares of the company’s stock after acquiring an additional 5,487 shares during the quarter. Modus Advisors LLC’s holdings in ARM were worth $3,006,000 at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. Amundi lifted its holdings in shares of ARM by 24.8% during the first quarter. Amundi now owns 11,804 shares of the company’s stock valued at $1,153,000 after purchasing an additional 2,345 shares in the last quarter. Empowered Funds LLC increased its position in ARM by 28.8% during the first quarter. Empowered Funds LLC now owns 4,887 shares of the company’s stock valued at $522,000 after acquiring an additional 1,094 shares during the last quarter. Schnieders Capital Management LLC. grew its holdings in ARM by 9.0% during the second quarter. Schnieders Capital Management LLC. now owns 2,430 shares of the company’s stock valued at $393,000 after purchasing an additional 200 shares during the period. Bank of Nova Scotia purchased a new position in shares of ARM during the 2nd quarter valued at $556,000. Finally, State Street Corp lifted its position in shares of ARM by 14.7% in the second quarter. State Street Corp now owns 441,445 shares of the company’s stock valued at $71,399,000 after acquiring an additional 56,656 shares in the last quarter. 7.53% of the stock is owned by institutional investors.
ARM Trading Down 12.8%
Shares of ARM stock opened at $342.93 on Friday. ARM Holdings PLC Sponsored ADR has a 12-month low of $100.02 and a 12-month high of $427.99. The stock’s 50-day moving average price is $224.64 and its 200-day moving average price is $157.98. The stock has a market capitalization of $362.31 billion, a price-to-earnings ratio of 408.25, a price-to-earnings-growth ratio of 12.45 and a beta of 3.78.
Wall Street Analysts Forecast Growth
ARM has been the topic of several research analyst reports. Wells Fargo & Company boosted their price objective on ARM from $255.00 to $410.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Raymond James Financial restated an “outperform” rating on shares of ARM in a research report on Thursday, May 7th. Guggenheim lifted their target price on ARM from $240.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Susquehanna lifted their target price on ARM from $170.00 to $210.00 and gave the stock a “positive” rating in a report on Thursday, April 16th. Finally, HSBC raised ARM from a “reduce” rating to a “buy” rating and lifted their target price for the stock from $90.00 to $205.00 in a report on Friday, March 20th. Twenty research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $226.92.
View Our Latest Analysis on ARM
Insider Buying and Selling at ARM
In other ARM news, CFO Jason Child sold 31,920 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $226.54, for a total value of $7,231,156.80. Following the completion of the sale, the chief financial officer owned 174,232 shares of the company’s stock, valued at $39,470,517.28. This trade represents a 15.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Spencer Collins sold 51,961 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $211.73, for a total transaction of $11,001,702.53. Following the completion of the sale, the insider directly owned 51,125 shares of the company’s stock, valued at approximately $10,824,696.25. The trade was a 50.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 301,338 shares of company stock valued at $66,030,158.
Trending Headlines about ARM
Here are the key news stories impacting ARM this week:
- Positive Sentiment: Arm is gaining credibility as a key AI infrastructure player after management said customers including ByteDance and Oracle are using Arm-based CPUs in data centers, supporting the case for stronger licensing and royalty growth. Arm names ByteDance and Oracle as users of its AI data centre CPUs
- Positive Sentiment: Arm is also benefiting from NVIDIA’s latest AI PC and data-center push, which reinforces demand for Arm’s architecture and could boost future adoption across the semiconductor ecosystem. Arm Stock Jumps As Chip Designer Joins Nvidia PC Effort
- Neutral Sentiment: Recent insider sales by executives, including William Abbey and CAO Laura Kathleen Bartels, may attract attention, but they do not appear large enough on their own to change the company’s fundamentals. SEC insider filing SEC insider filing
- Neutral Sentiment: Broader market commentary notes that the AI trade may be cooling after a strong run, which could keep pressure on high-valuation chip names like Arm even if the growth story remains strong. Markets Rally, But Tech Stocks Get Left Behind as the AI Trade Falters
- Negative Sentiment: Arm’s valuation is being called stretched after a massive rally, and chip-sector weakness following Broadcom’s disappointing results is adding to the risk of a pullback. 2 Chip Stocks Extending Slide After Broadcom Earnings Bust
ARM Profile
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.
Read More
- Five stocks we like better than ARM
- Samsara Just Answered The AI Question—Is Wall Street Ready To Listen?
- IREN’s 800MW Bet Flips the AI Power Switch
- CrowdStrike Earnings Beat Sparks Selloff—Buy the Dip?
- Tesla’s EV Rebound Leaves Rivian and Lucid Facing a Tougher Investor Test
Want to see what other hedge funds are holding ARM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ARM Holdings PLC Sponsored ADR (NASDAQ:ARM – Free Report).
Receive News & Ratings for ARM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARM and related companies with MarketBeat.com's FREE daily email newsletter.
