Arrow Electronics (NYSE:ARW) SVP Sells $648,000.00 in Stock

Arrow Electronics, Inc. (NYSE:ARW) SVP Carine Lamercie Jean-Claude sold 3,000 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $216.00, for a total value of $648,000.00. Following the completion of the sale, the senior vice president owned 12,626 shares of the company’s stock, valued at $2,727,216. This represents a 19.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Arrow Electronics Price Performance

Shares of ARW opened at $217.55 on Monday. The stock has a market cap of $11.12 billion, a P/E ratio of 15.56 and a beta of 1.16. Arrow Electronics, Inc. has a 1 year low of $101.79 and a 1 year high of $219.01. The stock’s 50-day moving average price is $171.09 and its two-hundred day moving average price is $140.66. The company has a current ratio of 1.24, a quick ratio of 1.02 and a debt-to-equity ratio of 0.35.

Arrow Electronics (NYSE:ARW) last announced its quarterly earnings results on Thursday, May 7th. The technology company reported $5.22 EPS for the quarter, beating analysts’ consensus estimates of $2.92 by $2.30. Arrow Electronics had a return on equity of 11.40% and a net margin of 2.17%.The company had revenue of $9.47 billion during the quarter, compared to analysts’ expectations of $8.39 billion. During the same period in the prior year, the business posted $1.80 EPS. Arrow Electronics’s revenue was up 39.0% on a year-over-year basis. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. On average, equities analysts predict that Arrow Electronics, Inc. will post 17.97 earnings per share for the current year.

Arrow Electronics announced that its board has authorized a stock buyback program on Wednesday, May 13th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the technology company to repurchase up to 9.7% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s board believes its stock is undervalued.

Institutional Investors Weigh In On Arrow Electronics

Several large investors have recently made changes to their positions in ARW. Bank of America Corp DE raised its holdings in shares of Arrow Electronics by 2.6% during the first quarter. Bank of America Corp DE now owns 1,015,730 shares of the technology company’s stock worth $145,666,000 after acquiring an additional 26,193 shares during the period. Bull Harbor Capital LLC acquired a new position in Arrow Electronics in the 1st quarter worth $472,000. Arkadios Wealth Advisors boosted its stake in Arrow Electronics by 7.3% in the 1st quarter. Arkadios Wealth Advisors now owns 2,453 shares of the technology company’s stock worth $352,000 after purchasing an additional 167 shares during the period. Amundi increased its holdings in Arrow Electronics by 83.3% during the 1st quarter. Amundi now owns 209,973 shares of the technology company’s stock worth $30,112,000 after purchasing an additional 95,419 shares in the last quarter. Finally, California State Teachers Retirement System increased its holdings in Arrow Electronics by 23.0% during the 1st quarter. California State Teachers Retirement System now owns 60,065 shares of the technology company’s stock worth $8,614,000 after purchasing an additional 11,219 shares in the last quarter. Institutional investors own 99.34% of the company’s stock.

Analysts Set New Price Targets

ARW has been the subject of several research analyst reports. Wall Street Zen raised shares of Arrow Electronics from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Zacks Research upgraded Arrow Electronics from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. Weiss Ratings raised Arrow Electronics from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 26th. Truist Financial increased their price target on Arrow Electronics from $183.00 to $240.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $220.00 price target on shares of Arrow Electronics in a research report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $214.50.

About Arrow Electronics

Arrow Electronics (NYSE: ARW) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The company offers a broad portfolio of semiconductors, passives, connectors, electromechanical devices and embedded solutions, serving customers across diverse end markets including automotive, communications, computing, aerospace, defense and healthcare. Through its extensive supplier relationships, Arrow enables design engineers to identify and procure components required for the development of new electronic systems and devices.

In addition to component distribution, Arrow delivers value-added services such as design engineering support, supply chain management, global logistics and technical training.