Baader Bank Aktiengesellschaft acquired a new stake in ARM Holdings PLC Sponsored ADR (NASDAQ:ARM – Free Report) in the first quarter, Holdings Channel reports. The institutional investor acquired 2,061 shares of the company’s stock, valued at approximately $312,000.
Several other institutional investors and hedge funds also recently made changes to their positions in ARM. CreativeOne Wealth LLC lifted its stake in ARM by 5.0% in the fourth quarter. CreativeOne Wealth LLC now owns 1,830 shares of the company’s stock worth $200,000 after purchasing an additional 87 shares during the last quarter. AdvisorNet Financial Inc grew its stake in shares of ARM by 6.2% during the first quarter. AdvisorNet Financial Inc now owns 1,681 shares of the company’s stock valued at $254,000 after buying an additional 98 shares during the last quarter. Moors & Cabot Inc. increased its holdings in shares of ARM by 5.3% in the third quarter. Moors & Cabot Inc. now owns 2,050 shares of the company’s stock worth $290,000 after buying an additional 103 shares during the period. Heritage Trust Co increased its holdings in shares of ARM by 5.5% in the fourth quarter. Heritage Trust Co now owns 2,045 shares of the company’s stock worth $224,000 after buying an additional 107 shares during the period. Finally, TrueMark Investments LLC boosted its holdings in ARM by 1.4% during the 1st quarter. TrueMark Investments LLC now owns 7,592 shares of the company’s stock valued at $1,149,000 after acquiring an additional 107 shares during the period. Institutional investors own 7.53% of the company’s stock.
Key Headlines Impacting ARM
Here are the key news stories impacting ARM this week:
- Positive Sentiment: Arm is gaining traction in AI servers as IDC projects the AI infrastructure market could approach $500 billion this year, reinforcing the company’s relevance in one of the market’s strongest growth themes. Arm Gains Ground in AI Servers
- Neutral Sentiment: Wells Fargo cut its price target on Arm to $350 from $410, but kept an Overweight rating, suggesting the bank still sees upside even as it turns more cautious on near-term execution. ARM Stock Takes A Breather After Three Days Of Gains — Wells Fargo Cuts Price Target, Warning Of A ‘Tough Setup’ Ahead
- Neutral Sentiment: UBS issued a pessimistic forecast for ARM, adding to the day’s analyst caution and likely contributing to the stock’s softer tone. UBS Group Issues Pessimistic Forecast for ARM (NASDAQ:ARM) Stock Price
- Neutral Sentiment: Commentary comparing Arm with Coherent argues that Coherent has stronger upside, profitability, and valuation appeal, which may be weighing on sentiment around ARM relative to other AI infrastructure names. COHR vs. ARM: Which Tech Stock Offers More Upside Now?
- Negative Sentiment: Some market commentary is questioning whether Arm’s valuation can be justified after its huge year-to-date gain and recent pullback, which may be prompting profit-taking. Prediction: Up 144% YTD, Is Arm Holdings The Next Nvidia?
Insider Activity
ARM Trading Down 2.2%
ARM opened at $283.40 on Thursday. The company has a market cap of $302.69 billion, a price-to-earnings ratio of 337.38, a price-to-earnings-growth ratio of 9.05 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. The stock has a fifty day simple moving average of $328.16 and a two-hundred day simple moving average of $206.83.
ARM (NASDAQ:ARM – Get Free Report) last posted its quarterly earnings data 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 company had revenue of $1.49 billion during the quarter. On average, analysts predict that ARM Holdings PLC Sponsored ADR will post 1.12 EPS for the current year.
Analysts Set New Price Targets
A number of equities analysts have commented on ARM shares. Rosenblatt Securities lifted their price target on ARM from $175.00 to $270.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. TD Cowen increased their price objective on ARM from $265.00 to $475.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Mizuho raised their target price on shares of ARM from $425.00 to $500.00 and gave the stock an “outperform” rating in a report on Monday, June 8th. Sanford C. Bernstein set a $500.00 target price on shares of ARM in a research note on Wednesday, June 17th. Finally, Susquehanna upped their price target on shares of ARM from $300.00 to $320.00 and gave the company a “positive” rating in a report on Tuesday. Seventeen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $297.65.
Check Out Our Latest Stock Report on ARM
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.
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