William Abbey Sells 10,887 Shares of ARM (NASDAQ:ARM) Stock

ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) insider William Abbey sold 10,887 shares of the firm’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $224.14, for a total value of $2,440,212.18. Following the transaction, the insider directly owned 43,353 shares of the company’s stock, valued at approximately $9,717,141.42. This represents a 20.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

William Abbey also recently made the following trade(s):

• On Thursday, May 21st, William Abbey sold 4,655 shares of ARM stock. The stock was sold at an average price of $287.03, for a total value of $1,336,124.65.
• On Wednesday, May 20th, William Abbey sold 5,069 shares of ARM stock. The stock was sold at an average price of $257.18, for a total value of $1,303,645.42.
• 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 value 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 value of $313,823.00.

ARM Stock Up 2.8%

Shares of NASDAQ:ARM opened at $306.51 on Friday. The firm has a market cap of $323.83 billion, a P/E ratio of 364.89, a P/E/G ratio of 10.83 and a beta of 3.40. ARM Holdings PLC Sponsored ADR has a 12-month low of $100.02 and a 12-month high of $315.00. The business has a fifty day simple moving average of $179.05 and a 200 day simple moving average of $143.68.

ARM (NASDAQ:ARM) last issued its quarterly earnings results on Wednesday, April 1st. The company reported $0.60 earnings per share for the quarter. ARM had a return on equity of 12.43% and a net margin of 18.37%.The firm had revenue of $1.49 billion during the quarter. As a group, equities research analysts expect that ARM Holdings PLC Sponsored ADR will post 1.12 EPS for the current year.

Institutional Trading of ARM

Several large investors have recently made changes to their positions in the company. Compound Planning Inc. boosted its stake in shares of ARM by 4.6% in the 3rd quarter. Compound Planning Inc. now owns 1,569 shares of the company’s stock worth $222,000 after buying an additional 69 shares during the last quarter. Ritholtz Wealth Management lifted its stake in ARM by 3.0% in the third quarter. Ritholtz Wealth Management now owns 2,439 shares of the company’s stock valued at $345,000 after purchasing an additional 70 shares during the last quarter. Rathbones Group PLC lifted its stake in ARM by 0.7% in the third quarter. Rathbones Group PLC now owns 10,552 shares of the company’s stock valued at $1,493,000 after purchasing an additional 70 shares during the last quarter. Kovack Advisors Inc. lifted its stake in ARM by 2.0% in the third quarter. Kovack Advisors Inc. now owns 3,602 shares of the company’s stock valued at $510,000 after purchasing an additional 72 shares during the last quarter. Finally, Americana Partners LLC lifted its stake in ARM by 1.0% in the third quarter. Americana Partners LLC now owns 7,352 shares of the company’s stock valued at $1,040,000 after purchasing an additional 75 shares during the last quarter. 7.53% of the stock is currently owned by institutional investors and hedge funds.

Key ARM News

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

A number of brokerages have weighed in on ARM. Royal Bank Of Canada increased their price target on ARM from $175.00 to $260.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. New Street Research upgraded ARM from a “neutral” rating to a “buy” rating in a report on Thursday, February 5th. Morgan Stanley reiterated an “equal weight” rating and set a $150.00 price target (up from $135.00) on shares of ARM in a report on Tuesday, April 7th. JPMorgan Chase & Co. decreased their price target on ARM from $180.00 to $145.00 and set an “overweight” rating for the company in a report on Thursday, February 5th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of ARM in a report on Thursday, May 7th. Twenty investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, ARM has an average rating of “Moderate Buy” and a consensus target price of $208.79.

ARM Company 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.