Cim Investment Management Inc. Raises Stock Holdings in ARM Holdings PLC Sponsored ADR $ARM

Cim Investment Management Inc. grew its position in shares of ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 99.6% in the second quarter, according to its most recent filing with the SEC. The fund owned 17,574 shares of the company’s stock after acquiring an additional 8,770 shares during the quarter. Cim Investment Management Inc.’s holdings in ARM were worth $2,842,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Haven Private LLC lifted its position in ARM by 0.9% during the second quarter. Haven Private LLC now owns 7,973 shares of the company’s stock valued at $1,290,000 after purchasing an additional 74 shares during the last quarter. Chicago Capital LLC raised its position in shares of ARM by 0.5% during the 2nd quarter. Chicago Capital LLC now owns 15,732 shares of the company’s stock valued at $2,544,000 after buying an additional 79 shares in the last quarter. Ameritas Investment Partners Inc. lifted its holdings in shares of ARM by 2.3% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 4,383 shares of the company’s stock valued at $709,000 after acquiring an additional 98 shares during the last quarter. Tufton Capital Management grew its position in ARM by 2.3% in the second quarter. Tufton Capital Management now owns 4,525 shares of the company’s stock worth $731,000 after acquiring an additional 100 shares in the last quarter. Finally, Gilbert & Cook Inc. increased its stake in ARM by 2.2% during the second quarter. Gilbert & Cook Inc. now owns 4,850 shares of the company’s stock worth $784,000 after acquiring an additional 105 shares during the last quarter. Institutional investors own 7.53% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on ARM shares. JPMorgan Chase & Co. upped their price objective on ARM from $175.00 to $180.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. Benchmark restated a “hold” rating on shares of ARM in a report on Thursday, November 6th. TD Cowen raised their price target on ARM from $175.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Needham & Company LLC reiterated a “hold” rating on shares of ARM in a research report on Thursday, November 6th. Finally, Morgan Stanley reduced their target price on shares of ARM from $180.00 to $171.00 and set an “overweight” rating on the stock in a research note on Thursday, October 9th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, ARM presently has an average rating of “Moderate Buy” and an average target price of $179.80.

ARM Stock Down 3.9%

Shares of ARM stock opened at $130.89 on Friday. The stock’s fifty day moving average is $152.35 and its two-hundred day moving average is $147.47. ARM Holdings PLC Sponsored ADR has a 52 week low of $80.00 and a 52 week high of $183.16. The company has a market capitalization of $138.29 billion, a PE ratio of 167.81, a price-to-earnings-growth ratio of 7.84 and a beta of 4.23.

ARM (NASDAQ:ARM) last released its earnings results on Wednesday, November 5th. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.06. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.06 billion. ARM had a return on equity of 15.03% and a net margin of 18.81%.The business’s revenue for the quarter was up 34.5% compared to the same quarter last year. During the same period last year, the company earned $0.30 earnings per share. ARM has set its Q3 2026 guidance at 0.370-0.450 EPS. As a group, research analysts anticipate that ARM Holdings PLC Sponsored ADR will post 0.9 earnings per share for the current year.

ARM Profile

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.