ARM Holdings PLC Sponsored ADR $ARM Shares Sold by Handelsbanken Fonder AB

Handelsbanken Fonder AB decreased its position in shares of ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 31.9% in the fourth quarter, HoldingsChannel reports. The firm owned 80,423 shares of the company’s stock after selling 37,592 shares during the quarter. Handelsbanken Fonder AB’s holdings in ARM were worth $8,791,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of ARM. Amundi lifted its holdings in shares of ARM by 24.8% during the first quarter. Amundi now owns 11,804 shares of the company’s stock worth $1,153,000 after purchasing an additional 2,345 shares during the period. Empowered Funds LLC lifted its holdings in shares of ARM by 28.8% during the first quarter. Empowered Funds LLC now owns 4,887 shares of the company’s stock worth $522,000 after purchasing an additional 1,094 shares during the period. Schnieders Capital Management LLC. lifted its holdings in shares of ARM by 9.0% during the second quarter. Schnieders Capital Management LLC. now owns 2,430 shares of the company’s stock worth $393,000 after purchasing an additional 200 shares during the period. Bank of Nova Scotia acquired a new stake in shares of ARM during the second quarter worth about $556,000. Finally, State Street Corp lifted its holdings in shares of ARM by 14.7% during the second quarter. State Street Corp now owns 441,445 shares of the company’s stock worth $71,399,000 after purchasing an additional 56,656 shares during the period. Institutional investors and hedge funds own 7.53% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on ARM shares. Evercore reduced their price target on ARM from $215.00 to $170.00 and set an “outperform” rating for the company in a research report on Thursday, February 5th. Susquehanna lifted their price target on ARM from $170.00 to $210.00 and gave the company a “positive” rating in a research report on Thursday, April 16th. UBS Group reduced their price target on ARM from $175.00 to $170.00 and set a “buy” rating for the company in a research report on Thursday, February 5th. Benchmark reiterated a “hold” rating on shares of ARM in a research report on Thursday, February 5th. Finally, HSBC upgraded ARM from a “reduce” rating to a “buy” rating and lifted their price target for the company from $90.00 to $205.00 in a research report on Friday, March 20th. 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. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $208.79.

Insiders Place Their Bets

In other news, insider Spencer Collins sold 40,941 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $215.00, for a total value of $8,802,315.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Richard Roy Grisenthwaite sold 24,339 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the insider owned 5,543 shares of the company’s stock, valued at $1,159,318.45. This trade represents 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. Over the last three months, insiders sold 264,506 shares of company stock valued at $53,198,992.

ARM News Summary

Here are the key news stories impacting ARM this week:

• Positive Sentiment: Jefferies said Nvidia’s bullish comments on its Arm-based Vera CPU business are a positive signal for ARM, reiterating a Buy rating and $290 price target. Article: Nvidia CPU comments read positively for this chip stock: analyst
• Positive Sentiment: Bernstein initiated coverage with an Outperform rating and a $300 price target, highlighting Arm’s upside in CPUs and chip IP as AI infrastructure spending grows. Article: What Is Going On With Arm Stock On Wednesday?
• Positive Sentiment: Multiple reports said ARM rallied on renewed AI optimism, with investors viewing the company as a core pick in custom silicon and AI-related semiconductor spending. Article: Why Arm Holdings Stock Surged to an All-Time High Today
• Neutral Sentiment: Several insiders, including CFO Jason Child, disclosed stock sales. Some were tied to pre-arranged 10b5-1 plans or tax withholding on vested awards, so they are not necessarily a negative operating signal.
• Neutral Sentiment: There is also ongoing chatter about a possible U.S. antitrust probe, which adds uncertainty but is still early-stage and not a confirmed finding.

ARM Trading Up 16.2%

Shares of ARM stock opened at $298.23 on Friday. The stock has a 50 day moving average of $175.32 and a 200 day moving average of $142.53. The stock has a market cap of $315.08 billion, a P/E ratio of 355.04, a P/E/G ratio of 9.32 and a beta of 3.40. ARM Holdings PLC Sponsored ADR has a twelve month low of $100.02 and a twelve month high of $298.70.

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

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.