ARM (NASDAQ:ARM) CAO Sells $4,439,866.20 in Stock

ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) CAO Laura Kathleen Bartels sold 11,306 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $392.70, for a total value of $4,439,866.20. Following the transaction, the chief accounting officer owned 12,135 shares in the company, valued at $4,765,414.50. This trade represents a 48.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

ARM Price Performance

Shares of NASDAQ:ARM opened at $342.93 on Friday. The business’s 50 day moving average price is $224.64 and its 200-day moving average price is $157.98. The firm has a market capitalization of $362.31 billion, a price-to-earnings ratio of 408.25, a price-to-earnings-growth ratio of 12.45 and a beta of 3.78. ARM Holdings PLC Sponsored ADR has a 1 year low of $100.02 and a 1 year high of $427.99.

ARM (NASDAQ:ARM) last announced its quarterly earnings data on Wednesday, April 1st. The company reported $0.60 earnings per share for the quarter. The company had revenue of $1.49 billion for the quarter. ARM had a return on equity of 12.43% and a net margin of 18.37%. On average, sell-side analysts expect that ARM Holdings PLC Sponsored ADR will post 1.12 earnings per share for the current year.

Key Stories Impacting ARM

Here are the key news stories impacting ARM this week:

• Positive Sentiment: Arm is gaining credibility as a key AI infrastructure player after management said customers including ByteDance and Oracle are using Arm-based CPUs in data centers, supporting the case for stronger licensing and royalty growth. Arm names ByteDance and Oracle as users of its AI data centre CPUs
• Positive Sentiment: Arm is also benefiting from NVIDIA’s latest AI PC and data-center push, which reinforces demand for Arm’s architecture and could boost future adoption across the semiconductor ecosystem. Arm Stock Jumps As Chip Designer Joins Nvidia PC Effort
• Neutral Sentiment: Recent insider sales by executives, including William Abbey and CAO Laura Kathleen Bartels, may attract attention, but they do not appear large enough on their own to change the company’s fundamentals. SEC insider filing SEC insider filing
• Neutral Sentiment: Broader market commentary notes that the AI trade may be cooling after a strong run, which could keep pressure on high-valuation chip names like Arm even if the growth story remains strong. Markets Rally, But Tech Stocks Get Left Behind as the AI Trade Falters
• Negative Sentiment: Arm’s valuation is being called stretched after a massive rally, and chip-sector weakness following Broadcom’s disappointing results is adding to the risk of a pullback. 2 Chip Stocks Extending Slide After Broadcom Earnings Bust

Analysts Set New Price Targets

A number of brokerages have weighed in on ARM. Morgan Stanley restated an “equal weight” rating and issued a $150.00 price objective (up from $135.00) on shares of ARM in a report on Tuesday, April 7th. Wells Fargo & Company raised their price objective on ARM from $255.00 to $410.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Barclays raised their price objective on ARM from $250.00 to $360.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Mizuho raised their price objective on ARM from $360.00 to $425.00 and gave the company an “outperform” rating in a report on Monday, June 1st. Finally, Guggenheim raised their price objective on ARM from $240.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Twenty research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $226.92.

Institutional Trading of ARM

Hedge funds and other institutional investors have recently modified their holdings of the business. Syntax Research Inc. acquired a new stake in shares of ARM during the 1st quarter worth about $30,000. Evelyn Partners Investment Management Services Ltd acquired a new stake in shares of ARM during the 1st quarter worth about $30,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of ARM during the 4th quarter worth about $30,000. Navalign LLC acquired a new stake in shares of ARM during the 4th quarter worth about $33,000. Finally, FWL Investment Management LLC acquired a new stake in shares of ARM during the 2nd quarter worth about $34,000. 7.53% of the stock is owned by institutional investors and hedge funds.

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.