1,409 Shares in ARM Holdings PLC Sponsored ADR $ARM Acquired by Claro Advisors LLC

Claro Advisors LLC bought a new stake in ARM Holdings PLC Sponsored ADR (NASDAQ:ARMFree Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 1,409 shares of the company’s stock, valued at approximately $228,000.

Other large investors have also modified their holdings of the company. Tufton Capital Management raised its holdings in shares of ARM by 2.3% in the 2nd quarter. Tufton Capital Management now owns 4,525 shares of the company’s stock valued at $731,000 after purchasing an additional 100 shares in the last quarter. Huntington National Bank acquired a new position in shares of ARM in the 2nd quarter valued at $30,000. Wellington Shields Capital Management LLC acquired a new position in ARM in the second quarter valued at $245,000. Intellectus Partners LLC acquired a new position in ARM in the 2nd quarter valued at about $256,000. Finally, iA Global Asset Management Inc. raised its stake in shares of ARM by 2.8% during the second quarter. iA Global Asset Management Inc. now owns 14,821 shares of the company’s stock worth $2,397,000 after purchasing an additional 410 shares during the last quarter. Hedge funds and other institutional investors own 7.53% of the company’s stock.

Wall Street Analyst Weigh In

ARM has been the subject of a number of analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of ARM in a research note on Wednesday, October 8th. Seaport Res Ptn upgraded shares of ARM to a “strong-buy” rating in a research report on Monday, August 11th. JPMorgan Chase & Co. lifted their target price on shares of ARM from $175.00 to $180.00 and gave the stock an “overweight” rating in a research note on Thursday. The Goldman Sachs Group initiated coverage on ARM in a research report on Thursday, July 10th. They issued a “neutral” rating and a $160.00 target price on the stock. Finally, Benchmark reaffirmed a “hold” rating on shares of ARM in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $178.55.

Get Our Latest Stock Report on ARM

ARM Stock Performance

Shares of ARM stock opened at $158.25 on Friday. ARM Holdings PLC Sponsored ADR has a 1 year low of $80.00 and a 1 year high of $183.16. The firm has a market capitalization of $167.19 billion, a PE ratio of 202.88, a price-to-earnings-growth ratio of 10.06 and a beta of 4.11. The stock has a fifty day moving average of $155.10 and a two-hundred day moving average of $144.07.

ARM (NASDAQ:ARMGet Free Report) last released its earnings results on Wednesday, November 5th. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.06. The firm had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.06 billion. ARM had a return on equity of 15.39% and a net margin of 18.81%.ARM’s revenue was up 34.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.30 earnings per share. ARM has set its Q3 2026 guidance at 0.370-0.450 EPS. Equities research analysts predict that ARM Holdings PLC Sponsored ADR will post 0.9 earnings per share for the current fiscal year.

About ARM

(Free Report)

Arm Holdings Plc engages in the licensing, marketing, research, and development of microprocessors, systems IP, graphics processing units, physical IP and associated systems IP, software, and tools. It operates through the following geographical segments: United Kingdom, United States, and Other Countries.

Recommended Stories

Institutional Ownership by Quarter for ARM (NASDAQ:ARM)

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.