6,616 Shares in Arrow Electronics, Inc. $ARW Purchased by Wick Capital Partners LLC

Wick Capital Partners LLC purchased a new stake in shares of Arrow Electronics, Inc. (NYSE:ARWFree Report) during the 4th quarter, Holdings Channel.com reports. The fund purchased 6,616 shares of the technology company’s stock, valued at approximately $729,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Arrow Electronics by 45.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,748 shares of the technology company’s stock valued at $2,154,000 after buying an additional 6,523 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Arrow Electronics by 8.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 199,971 shares of the technology company’s stock worth $20,763,000 after buying an additional 14,886 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of Arrow Electronics by 68.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company’s stock worth $37,000 after acquiring an additional 143 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Arrow Electronics during the 2nd quarter worth approximately $492,000. Finally, Walleye Capital LLC purchased a new position in Arrow Electronics during the 2nd quarter valued at $475,000. 99.34% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Arrow Electronics

In other Arrow Electronics news, insider Eric Nowak sold 3,473 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $210.99, for a total value of $732,768.27. Following the completion of the sale, the insider directly owned 48,835 shares in the company, valued at $10,303,696.65. This trade represents a 6.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Carine Lamercie Jean-Claude sold 3,000 shares of Arrow Electronics stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $216.00, for a total transaction of $648,000.00. Following the completion of the transaction, the senior vice president directly owned 12,626 shares in the company, valued at $2,727,216. This represents a 19.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.80% of the company’s stock.

Arrow Electronics Price Performance

ARW opened at $232.87 on Friday. The firm has a market capitalization of $11.91 billion, a PE ratio of 16.66 and a beta of 1.19. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.24 and a quick ratio of 1.02. The business’s 50-day moving average is $203.08 and its two-hundred day moving average is $156.48. Arrow Electronics, Inc. has a 1 year low of $101.79 and a 1 year high of $234.46.

Arrow Electronics (NYSE:ARWGet Free Report) last released its quarterly earnings results on Thursday, May 7th. The technology company reported $5.22 EPS for the quarter, beating the consensus estimate of $2.92 by $2.30. Arrow Electronics had a net margin of 2.17% and a return on equity of 11.40%. The business had revenue of $9.47 billion during the quarter, compared to analyst estimates of $8.39 billion. During the same period in the prior year, the firm posted $1.80 earnings per share. The company’s quarterly revenue was up 39.0% on a year-over-year basis. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. Research analysts anticipate that Arrow Electronics, Inc. will post 19.15 earnings per share for the current fiscal year.

Arrow Electronics declared that its Board of Directors has authorized a stock buyback program on Wednesday, May 13th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the technology company to purchase up to 9.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on ARW shares. Raymond James Financial reaffirmed an “outperform” rating and issued a $220.00 price objective on shares of Arrow Electronics in a research report on Friday, May 8th. Wells Fargo & Company lifted their target price on Arrow Electronics from $140.00 to $165.00 and gave the stock an “underweight” rating in a research report on Friday, May 8th. Truist Financial boosted their target price on shares of Arrow Electronics from $240.00 to $260.00 and gave the company a “buy” rating in a research note on Thursday, June 4th. Bank of America upgraded shares of Arrow Electronics from an “underperform” rating to a “neutral” rating and upped their price target for the stock from $122.00 to $233.00 in a report on Wednesday, May 13th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Arrow Electronics in a research note on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $219.50.

Check Out Our Latest Report on Arrow Electronics

About Arrow Electronics

(Free Report)

Arrow Electronics (NYSE: ARW) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The company offers a broad portfolio of semiconductors, passives, connectors, electromechanical devices and embedded solutions, serving customers across diverse end markets including automotive, communications, computing, aerospace, defense and healthcare. Through its extensive supplier relationships, Arrow enables design engineers to identify and procure components required for the development of new electronic systems and devices.

In addition to component distribution, Arrow delivers value-added services such as design engineering support, supply chain management, global logistics and technical training.

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Institutional Ownership by Quarter for Arrow Electronics (NYSE:ARW)

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