Independent Solutions Wealth Management LLC reduced its stake in ARM Holdings PLC Sponsored ADR (NASDAQ:ARM – Free Report) by 25.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 13,265 shares of the company’s stock after selling 4,483 shares during the quarter. Independent Solutions Wealth Management LLC’s holdings in ARM were worth $1,450,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of ARM. Grey Fox Wealth Advisors LLC acquired a new stake in shares of ARM during the third quarter worth $28,000. Navalign LLC acquired a new position in ARM in the 4th quarter valued at $33,000. FWL Investment Management LLC acquired a new position in ARM in the 2nd quarter valued at $34,000. Strategic Investment Solutions Inc. IL raised its position in ARM by 238.1% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 284 shares of the company’s stock worth $40,000 after buying an additional 200 shares during the last quarter. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new position in ARM during the 4th quarter worth $43,000. Institutional investors and hedge funds own 7.53% of the company’s stock.
Insider Buying and Selling at ARM
In other news, CFO Jason Child sold 21,280 shares of the firm’s stock in a transaction that occurred on Wednesday, April 22nd. The shares were sold at an average price of $180.00, for a total transaction of $3,830,400.00. Following the completion of the transaction, the chief financial officer directly owned 153,426 shares of the company’s stock, valued at $27,616,680. This trade represents a 12.18% decrease in their position. The sale was disclosed in a document filed with the SEC, 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 ARM stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $211.73, for a total value of $11,001,702.53. Following the transaction, the insider owned 51,125 shares of the company’s stock, valued at $10,824,696.25. This represents a 50.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 135,673 shares of company stock valued at $24,616,433 over the last quarter.
Wall Street Analysts Forecast Growth
Read Our Latest Analysis on ARM
Key ARM News
Here are the key news stories impacting ARM this week:
- Positive Sentiment: Arm’s software and hardware ecosystem continues to reinforce its competitive moat, supporting its leadership in smartphones and device computing. ARM’s Powerful Ecosystem Advantage Drives Market Leadership
- Positive Sentiment: Recent reporting says Arm and SoftBank tried to buy Cerebras, signaling continued ambition to expand Arm’s footprint in AI semiconductors. Arm’s Cerebras Bid Sheds Light On AI Chip Expansion Plans
- Positive Sentiment: UBS data showed ARM gaining server chip share at Intel’s expense, reinforcing the bull case for Arm’s long-term growth in data center and AI-related markets. New report shows AMD and ARM continue server share gains at Intel’s expense
- Neutral Sentiment: Analysts warned that the AI trade may be taking a breather, which has weighed on chip stocks broadly rather than on ARM-specific fundamentals. The AI Trade Takes a Breather to End the Week
- Neutral Sentiment: A major insider sale by Spencer Collins may be adding near-term pressure, though it does not change the company’s operating outlook by itself. ARM Insider Spencer Collins Sells 51,961 Shares
- Negative Sentiment: Another market note linked ARM to warnings about a potential chip-stock bubble, contributing to the day’s risk-off sentiment in semiconductor names. Intel Stock Is Falling as Analyst Issues Chip-Stock Bubble Warning
ARM Stock Down 8.5%
Shares of ARM stock opened at $209.16 on Friday. ARM Holdings PLC Sponsored ADR has a fifty-two week low of $100.02 and a fifty-two week high of $239.50. The stock has a market cap of $220.98 billion, a P/E ratio of 249.00, a P/E/G ratio of 7.21 and a beta of 3.40. The business has a fifty day simple moving average of $164.92 and a 200-day simple moving average of $140.59.
ARM (NASDAQ:ARM – Get Free Report) last released its quarterly earnings data on Wednesday, April 1st. The company reported $0.60 EPS for the quarter. The business had revenue of $1.49 billion for the quarter. ARM had a net margin of 18.37% and a return on equity of 12.43%. On average, sell-side analysts anticipate that ARM Holdings PLC Sponsored ADR will post 1.12 earnings per share for the current year.
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.
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