ARM (NASDAQ:ARM) Stock Price Up 5.4% – Here’s What Happened

ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) shares rose 5.4% during mid-day trading on Friday . The stock traded as high as $356.45 and last traded at $353.29. Approximately 10,251,121 shares were traded during mid-day trading, an increase of 24% from the average daily volume of 8,290,881 shares. The stock had previously closed at $335.27.

Trending Headlines about ARM

Here are the key news stories impacting ARM this week:

• Positive Sentiment: Fresh analyst upgrades and continued enthusiasm around AI infrastructure demand have boosted sentiment, with ARM recently hitting new highs and drawing momentum buyers. Can Arm stock climb higher after fresh AI-driven analyst upgrades?
• Positive Sentiment: ARM remains a key beneficiary of AI chip demand, and comparison pieces highlight its strong positioning versus peers in semiconductor design. ARM vs. SNPS: Which AI Chip Design Stock Should Investors Buy?
• Neutral Sentiment: A recent short-interest update showed no meaningful change in positioning, so it does not appear to be a major near-term driver for the stock.
• Negative Sentiment: At least one recent valuation note argues ARM’s upside may be limited after a sharp rally, with a price target suggesting only modest near-term appreciation from recent levels. Stock Price Prediction: Arm Holdings Has Limited Upside Despite 177% Rally

Analyst Ratings Changes

ARM has been the topic of several recent analyst reports. Mizuho lifted their price target on ARM from $230.00 to $255.00 and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Barclays lifted their price target on ARM from $200.00 to $250.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. JPMorgan Chase & Co. decreased their price target on ARM from $180.00 to $145.00 and set an “overweight” rating on the stock in a research note on Thursday, February 5th. Wells Fargo & Company raised their price objective on ARM from $220.00 to $255.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Finally, Jefferies Financial Group set a $290.00 price objective on ARM in a report on Thursday, May 21st. Twenty research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $208.79.

ARM Stock Performance

The company has a market cap of $373.25 billion, a price-to-earnings ratio of 420.58, a P/E/G ratio of 12.83 and a beta of 3.40. The company has a fifty day moving average of $199.27 and a two-hundred day moving average of $149.41.

ARM (NASDAQ:ARM) last released 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 for the quarter. Equities analysts expect that ARM Holdings PLC Sponsored ADR will post 1.12 EPS for the current fiscal year.

Insider Activity

In other ARM news, insider Spencer Collins sold 51,961 shares of ARM stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $211.73, for a total transaction of $11,001,702.53. Following the transaction, the insider directly owned 51,125 shares of the company’s stock, valued at approximately $10,824,696.25. The trade was a 50.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Richard Roy Grisenthwaite sold 24,339 shares of ARM stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $209.15, for a total value of $5,090,501.85. Following the transaction, the insider directly owned 5,543 shares in the company, valued at $1,159,318.45. The trade was a 81.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 279,266 shares of company stock worth $57,502,031.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Syntax Research Inc. acquired a new position in ARM during the 1st quarter worth about $30,000. Evelyn Partners Investment Management Services Ltd acquired a new position in ARM during the 1st quarter worth about $30,000. FWL Investment Management LLC acquired a new position in ARM during the 2nd quarter worth about $34,000. Cassaday & Co Wealth Management LLC acquired a new position in ARM during the 1st quarter worth about $40,000. Finally, Mcguire Capital Advisors Inc. acquired a new position in ARM during the 4th quarter worth about $30,000. 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.