ARM Holdings PLC Sponsored ADR (NASDAQ:ARM – Get Free Report) insider William Abbey sold 4,655 shares of ARM stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $287.03, for a total transaction of $1,336,124.65. Following the completion of the transaction, the insider directly owned 33,629 shares in the company, valued at approximately $9,652,531.87. This represents a 12.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
William Abbey also recently made the following trade(s):
- On Wednesday, May 20th, William Abbey sold 5,069 shares of ARM stock. The shares were sold at an average price of $257.18, for a total transaction of $1,303,645.42.
- On Tuesday, May 19th, William Abbey sold 10,887 shares of ARM stock. The shares were sold at an average price of $224.14, for a total transaction of $2,440,212.18.
- On Friday, May 15th, William Abbey sold 7,000 shares of ARM stock. The stock was sold at an average price of $212.55, for a total transaction of $1,487,850.00.
- On Thursday, April 23rd, William Abbey sold 1,577 shares of ARM stock. The stock was sold at an average price of $199.00, for a total transaction of $313,823.00.
ARM Trading Up 2.8%
Shares of ARM stock opened at $306.51 on Friday. ARM Holdings PLC Sponsored ADR has a 1 year low of $100.02 and a 1 year high of $315.00. The firm’s fifty day simple moving average is $179.05 and its 200 day simple moving average is $143.68. The firm has a market capitalization of $323.83 billion, a P/E ratio of 364.89, a price-to-earnings-growth ratio of 10.83 and a beta of 3.40.
Hedge Funds Weigh In On ARM
A number of large investors have recently bought and sold shares of the company. Compound Planning Inc. boosted its position in ARM by 4.6% during the 3rd quarter. Compound Planning Inc. now owns 1,569 shares of the company’s stock worth $222,000 after acquiring an additional 69 shares during the last quarter. Ritholtz Wealth Management boosted its position in ARM by 3.0% during the 3rd quarter. Ritholtz Wealth Management now owns 2,439 shares of the company’s stock worth $345,000 after acquiring an additional 70 shares during the last quarter. Rathbones Group PLC boosted its position in ARM by 0.7% during the 3rd quarter. Rathbones Group PLC now owns 10,552 shares of the company’s stock worth $1,493,000 after acquiring an additional 70 shares during the last quarter. Kovack Advisors Inc. boosted its position in ARM by 2.0% during the 3rd quarter. Kovack Advisors Inc. now owns 3,602 shares of the company’s stock worth $510,000 after acquiring an additional 72 shares during the last quarter. Finally, Murphy & Mullick Capital Management Corp boosted its position in ARM by 9.1% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 926 shares of the company’s stock worth $135,000 after acquiring an additional 77 shares during the last quarter. Institutional investors and hedge funds own 7.53% of the company’s stock.
ARM News Roundup
Here are the key news stories impacting ARM this week:
- Positive Sentiment: Analysts said Nvidia’s bullish comments on Arm-based Vera CPUs support ARM’s growth narrative, with Jefferies reiterating a Buy rating and a $290 price target. 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 potential as AI and custom chip demand expands. Is Arm Holdings (ARM) the Best European Growth Stock to Buy?
- Positive Sentiment: Market commentary continues to frame ARM as a momentum name tied to the AI and CPU renaissance, with investors bidding the shares to fresh highs on expectations for strong profit growth. Arm Holdings (ARM) Hits All-Time High as Profits Seen Rocketing 5x
- Neutral Sentiment: Several insider sales were disclosed this week, including transactions by Charlotte Claire Eaton, CFO Jason Child, William Abbey, and Spencer Collins; most were pre-arranged or routine, but they can still raise valuation caution. SEC filing for insider sales
- Neutral Sentiment: Some recent market commentary says ARM remains a high-momentum stock and a proxy for the AI buildout, which supports the rally but also suggests expectations are elevated. Why Arm Holdings Stock Surged to an All-Time High Today
Analyst Ratings Changes
Several equities research analysts have recently commented on the stock. New Street Research upgraded shares of ARM from a “neutral” rating to a “buy” rating in a research note on Thursday, February 5th. Rosenblatt Securities boosted their price objective on ARM from $175.00 to $270.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. UBS Group dropped their price objective on ARM from $175.00 to $170.00 and set a “buy” rating for the company in a report on Thursday, February 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of ARM in a research note on Thursday, May 7th. Finally, Benchmark reiterated a “hold” rating on shares of ARM in a research report on Thursday, February 5th. Twenty equities 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 stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $208.79.
Check Out Our Latest Analysis on ARM
About ARM
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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