Arrow Electronics (NYSE:ARW) Share Price Breaks Above 200 Day Moving Average – Should You Sell?

Shares of Arrow Electronics, Inc. (NYSE:ARW – Get Free Report) passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $205.49 and traded as high as $227.24. Arrow Electronics shares last traded at $225.5410, with a volume of 417,535 shares trading hands.

Analyst Upgrades and Downgrades

Several research firms have recently commented on ARW. Truist Financial lowered their price target on shares of Arrow Electronics from $260.00 to $250.00 and set a “buy” rating for the company in a research report on Friday, August 7th. Raymond James Financial reaffirmed an “outperform” rating and issued a $250.00 price objective on shares of Arrow Electronics in a report on Friday, August 7th. Zacks Research upgraded shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, September 1st. Weiss Ratings upgraded shares of Arrow Electronics from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Finally, Wells Fargo & Company boosted their target price on shares of Arrow Electronics from $175.00 to $200.00 and gave the company an “underweight” rating in a research note on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $233.25.

Get Our Latest Stock Report on Arrow Electronics

Arrow Electronics Stock Down 3.4%

The company has a current ratio of 1.22, a quick ratio of 1.01 and a debt-to-equity ratio of 0.29. The stock has a 50-day simple moving average of $217.97 and a 200-day simple moving average of $206.10. The company has a market cap of $11.40 billion, a price-to-earnings ratio of 14.31, a price-to-earnings-growth ratio of 0.33 and a beta of 1.16.

Arrow Electronics (NYSE:ARW – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The technology company reported $5.45 EPS for the quarter, beating analysts’ consensus estimates of $4.45 by $1.00. Arrow Electronics had a return on equity of 13.41% and a net margin of 2.26%. The company had revenue of $9.99 billion for the quarter, compared to analyst estimates of $9.67 billion. During the same period last year, the company earned $2.43 earnings per share. The company’s quarterly revenue was up 31.8% compared to the same quarter last year. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. As a group, analysts predict that Arrow Electronics, Inc. will post 21.24 EPS for the current year.

Insider Activity at Arrow Electronics

In related news, SVP Carine Jean-Claude sold 1,000 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $209.85, for a total transaction of $209,850.00. Following the completion of the transaction, the senior vice president owned 11,626 shares of the company’s stock, valued at $2,439,716.10. This trade represents a 7.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.80% of the company’s stock.

Institutional Investors Weigh In On Arrow Electronics

A number of institutional investors and hedge funds have recently bought and sold shares of ARW. B. Riley Wealth Advisors Inc. bought a new stake in shares of Arrow Electronics in the 3rd quarter worth approximately $252,000. Krilogy Financial LLC boosted its holdings in Arrow Electronics by 45.2% during the third quarter. Krilogy Financial LLC now owns 4,768 shares of the technology company’s stock worth $1,076,000 after buying an additional 1,485 shares in the last quarter. NorthCrest Asset Manangement LLC boosted its holdings in Arrow Electronics by 17.9% during the third quarter. NorthCrest Asset Manangement LLC now owns 7,327 shares of the technology company’s stock worth $1,661,000 after buying an additional 1,113 shares in the last quarter. Riversedge Advisors LLC acquired a new position in Arrow Electronics in the third quarter worth approximately $308,000. Finally, Insight Wealth Strategies LLC grew its position in Arrow Electronics by 1.9% in the third quarter. Insight Wealth Strategies LLC now owns 23,302 shares of the technology company’s stock worth $5,290,000 after buying an additional 439 shares during the last quarter. 99.34% of the stock is owned by institutional investors and hedge funds.

About Arrow Electronics

(Get Free Report)

Arrow Electronics, Inc is a global distributor of electronic components and enterprise computing products. The company connects manufacturers with industrial and commercial customers, supplying semiconductors, embedded components, and related technologies used in products such as automotive systems, communications equipment, industrial machinery, and consumer electronics.

Through its enterprise computing business, Arrow provides data-center and information-technology products and services, including servers, storage, networking equipment, software, cloud solutions, and security technologies.

Further Reading

Receive News & Ratings for Arrow Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arrow Electronics and related companies with MarketBeat.com's FREE daily email newsletter.