ARM (NASDAQ:ARM) Stock Price Down 6.2% – Here’s What Happened

Shares of ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) were down 6.2% during trading on Tuesday . The stock traded as low as $298.38 and last traded at $324.86. Approximately 13,312,342 shares changed hands during trading, an increase of 54% from the average daily volume of 8,643,357 shares. The stock had previously closed at $346.39.

Trending Headlines about ARM

Here are the key news stories impacting ARM this week:

• Positive Sentiment: Wall Street upgrades and higher price targets are lifting sentiment around Arm Holdings (ARM), with analysts citing stronger demand prospects tied to data-center CPUs and agentic AI infrastructure. Arm Holdings Rallies As Agentic AI Spark Triggers Wave Of Wall Street Upgrades
• Positive Sentiment: Mizuho raised its price target on Arm Holdings (ARM), adding to the bullish analyst backdrop and reinforcing the market’s view that Arm is a key beneficiary of AI spending. Mizuho Raises PT on Arm Holdings (ARM), Here’s What You Should Know
• Positive Sentiment: Coverage noting Arm’s strong year-to-date performance and positioning in the AI infrastructure trade is keeping bullish momentum alive, as investors continue to re-rate the stock higher. Why Arm Holdings Stock Rallied on Thursday
• Neutral Sentiment: Bank of America raised its price target on Arm Holdings (ARM) to $335 from $245, but kept a neutral rating, suggesting optimism about valuation while stopping short of a full bullish call. Benzinga report on Bank of America target increase
• Neutral Sentiment: Related product news on Arm’s new mobile graphics and Unreal Engine capabilities may help highlight the company’s technology platform, but it appears less likely to be the main driver of the stock move today. Arm’s impressive Neural Dawn is a ray-traced mobile game built for next-gen Arm Mali GPUs
• Negative Sentiment: Arm has also seen some volatility from a broader selloff in mobile-chip stocks, showing that macro and sector weakness can still pressure the shares despite the recent rally. Qualcomm Drops 6%, Arm Holdings Falls 5% as Mobile-Chip Stocks Slide in the Selloff

Analysts Set New Price Targets

Several analysts have recently commented on ARM shares. The Goldman Sachs Group raised their price objective on shares of ARM from $125.00 to $150.00 and gave the company a “sell” rating in a research report on Thursday, May 7th. Royal Bank Of Canada lifted their price objective on shares of ARM from $175.00 to $260.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. Susquehanna upped their price target on shares of ARM from $170.00 to $210.00 and gave the company a “positive” rating in a report on Thursday, April 16th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of ARM in a report on Thursday, May 7th. Finally, Guggenheim boosted their price objective on shares of ARM from $240.00 to $255.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Twenty analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $239.00.

ARM Price Performance

The stock’s 50-day moving average is $235.49 and its 200 day moving average is $162.14. The company has a market cap of $365.53 billion, a PE ratio of 407.42, a PEG ratio of 11.80 and a beta of 3.78.

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

Insider Buying and Selling at ARM

In other ARM news, CFO Jason Child sold 31,920 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $226.54, for a total transaction of $7,231,156.80. Following the transaction, the chief financial officer owned 174,232 shares in the company, valued at approximately $39,470,517.28. This represents a 15.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Laura Kathleen Bartels sold 11,306 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $392.70, for a total transaction of $4,439,866.20. Following the transaction, the chief accounting officer owned 12,135 shares in the company, valued at $4,765,414.50. The trade was a 48.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 301,338 shares of company stock worth $66,030,158 in the last three months.

Institutional Trading of ARM

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ARM. Amundi grew its position in ARM by 24.8% during the first quarter. Amundi now owns 11,804 shares of the company’s stock valued at $1,153,000 after buying an additional 2,345 shares during the period. Empowered Funds LLC lifted its holdings in ARM by 28.8% during the first quarter. Empowered Funds LLC now owns 4,887 shares of the company’s stock valued at $522,000 after purchasing an additional 1,094 shares in the last quarter. Schnieders Capital Management LLC. lifted its holdings in ARM by 9.0% during the second quarter. Schnieders Capital Management LLC. now owns 2,430 shares of the company’s stock valued at $393,000 after purchasing an additional 200 shares in the last quarter. Bank of Nova Scotia purchased a new position in ARM during the second quarter valued at $556,000. Finally, State Street Corp lifted its holdings in ARM by 14.7% during the second quarter. State Street Corp now owns 441,445 shares of the company’s stock valued at $71,399,000 after purchasing an additional 56,656 shares in the last quarter. Institutional investors and hedge funds own 7.53% of the company’s stock.

About ARM

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.