Empirical Financial Services LLC d.b.a. Empirical Wealth Management Buys 2,512 Shares of ARM Holdings PLC Sponsored ADR $ARM

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 81.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,608 shares of the company’s stock after purchasing an additional 2,512 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in ARM were worth $848,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Syntax Research Inc. bought a new position in ARM in the first quarter worth about $30,000. FWL Investment Management LLC purchased a new stake in ARM in the second quarter worth about $34,000. Mcguire Capital Advisors Inc. purchased a new stake in ARM in the fourth quarter worth about $30,000. Strategic Investment Solutions Inc. IL boosted its position in ARM by 238.1% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 284 shares of the company’s stock valued at $40,000 after acquiring an additional 200 shares in the last quarter. Finally, Navalign LLC bought a new stake in ARM during the 4th quarter valued at approximately $33,000. Institutional investors own 7.53% of the company’s stock.

Trending Headlines about ARM

Here are the key news stories impacting ARM this week:

• Positive Sentiment: Zacks highlighted ARM’s expanding royalty opportunities and AI chip strategy, saying they are strengthening the company’s long-term growth story and supporting its ability to benefit from AI demand. Article Title
• Positive Sentiment: One market commentary argued that ARM’s recent pullback could be a buying opportunity for long-term investors after the shares retreated from a 12-month peak. Article Title
• Neutral Sentiment: Benchmark initiated coverage with a Hold rating, suggesting the stock may need a pause after its strong year-to-date gain and leaving the near-term outlook balanced. Article Title
• Negative Sentiment: HSBC downgraded ARM to Hold, warning that the stock’s sharp rally has left it expensive relative to fundamentals and more vulnerable to disappointment. Article Title
• Negative Sentiment: Another valuation-focused report said ARM may be “priced for perfection,” with a high price-to-book multiple and elevated expectations creating downside risk if growth slows. Article Title

Insider Transactions at ARM

In related news, insider Richard Roy Grisenthwaite sold 24,339 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $209.15, for a total value of $5,090,501.85. Following the transaction, the insider owned 5,543 shares in the company, valued at $1,159,318.45. The trade was a 81.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider William Abbey sold 10,887 shares of the stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $224.14, for a total transaction of $2,440,212.18. Following the sale, the insider directly owned 43,353 shares in the company, valued at $9,717,141.42. This trade represents a 20.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 238,906 shares of company stock worth $56,245,828 over the last quarter.

ARM Trading Down 5.4%

Shares of NASDAQ:ARM opened at $262.01 on Friday. The stock has a fifty day simple moving average of $323.06 and a two-hundred day simple moving average of $202.11. The stock has a market capitalization of $279.85 billion, a price-to-earnings ratio of 311.92, a PEG ratio of 10.06 and a beta of 3.76. ARM Holdings PLC Sponsored ADR has a 12-month low of $100.02 and a 12-month high of $452.70.

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

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ARM. HSBC lowered ARM from a “buy” rating to a “hold” rating and increased their target price for the stock from $255.00 to $315.00 in a research report on Tuesday. Raymond James Financial restated an “outperform” rating on shares of ARM in a research report on Thursday, May 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of ARM in a research note on Thursday, May 7th. Bank of America increased their price objective on ARM from $335.00 to $460.00 and gave the stock a “neutral” rating in a report on Tuesday, June 23rd. Finally, KeyCorp raised their price objective on ARM from $300.00 to $430.00 and gave the company an “overweight” rating in a research report on Tuesday. Seventeen research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, ARM presently has an average rating of “Moderate Buy” and an average target price of $298.96.

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.