Hilton Head Capital Partners LLC Acquires New Shares in ARM Holdings PLC Sponsored ADR $ARM

Hilton Head Capital Partners LLC acquired a new stake in shares of ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) during the 4th quarter, Holdings Channel.com reports. The fund acquired 6,945 shares of the company’s stock, valued at approximately $759,000.

Several other institutional investors also recently modified their holdings of the business. Capital Research Global Investors boosted its position in shares of ARM by 5.1% during the fourth quarter. Capital Research Global Investors now owns 1,805,110 shares of the company’s stock valued at $197,332,000 after buying an additional 86,978 shares during the last quarter. Bank of America Corp DE boosted its position in shares of ARM by 22.1% during the third quarter. Bank of America Corp DE now owns 1,802,973 shares of the company’s stock valued at $255,103,000 after buying an additional 326,230 shares during the last quarter. Invesco Ltd. boosted its position in shares of ARM by 28.2% during the third quarter. Invesco Ltd. now owns 1,772,123 shares of the company’s stock valued at $250,738,000 after buying an additional 390,217 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of ARM by 2,623.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,671,787 shares of the company’s stock valued at $182,743,000 after buying an additional 1,610,403 shares during the last quarter. Finally, Hyperion Asset Management Ltd purchased a new stake in shares of ARM during the third quarter valued at $202,980,000. 7.53% of the stock is owned by hedge funds and other institutional investors.

ARM Price Performance

NASDAQ ARM opened at $342.93 on Monday. The stock’s 50-day moving average price is $224.64 and its 200-day moving average price is $158.11. ARM Holdings PLC Sponsored ADR has a 52 week low of $100.02 and a 52 week high of $427.99. The company has a market capitalization of $366.28 billion, a P/E ratio of 408.25, a price-to-earnings-growth ratio of 12.45 and a beta of 3.77.

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

Insiders Place Their Bets

In related news, insider William Abbey sold 6,566 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $402.72, for a total transaction of $2,644,259.52. Following the completion of the sale, the insider owned 20,563 shares in the company, valued at approximately $8,281,131.36. This trade represents a 24.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Jason Child sold 31,920 shares of the stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $226.54, for a total value of $7,231,156.80. Following the sale, the chief financial officer owned 174,232 shares of the company’s stock, valued at $39,470,517.28. This represents a 15.48% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 301,338 shares of company stock worth $66,030,158.

ARM News Summary

Here are the key news stories impacting ARM this week:

• Positive Sentiment: Arm is gaining credibility as a key AI infrastructure player after management said customers including ByteDance and Oracle are using Arm-based CPUs in data centers, supporting the case for stronger licensing and royalty growth. Arm names ByteDance and Oracle as users of its AI data centre CPUs
• Positive Sentiment: Arm is also benefiting from NVIDIA’s latest AI PC and data-center push, which reinforces demand for Arm’s architecture and could boost future adoption across the semiconductor ecosystem. Arm Stock Jumps As Chip Designer Joins Nvidia PC Effort
• Neutral Sentiment: Recent insider sales by executives, including William Abbey and CAO Laura Kathleen Bartels, may attract attention, but they do not appear large enough on their own to change the company’s fundamentals. SEC insider filing SEC insider filing
• Neutral Sentiment: Broader market commentary notes that the AI trade may be cooling after a strong run, which could keep pressure on high-valuation chip names like Arm even if the growth story remains strong. Markets Rally, But Tech Stocks Get Left Behind as the AI Trade Falters
• Negative Sentiment: Arm’s valuation is being called stretched after a massive rally, and chip-sector weakness following Broadcom’s disappointing results is adding to the risk of a pullback. 2 Chip Stocks Extending Slide After Broadcom Earnings Bust

Analyst Upgrades and Downgrades

ARM has been the topic of several recent analyst reports. Sanford C. Bernstein initiated coverage on ARM in a research report on Monday, May 18th. They set an “outperform” rating and a $300.00 price objective on the stock. Raymond James Financial reaffirmed an “outperform” rating on shares of ARM in a research report on Thursday, May 7th. The Goldman Sachs Group increased their price objective on ARM from $125.00 to $150.00 and gave the company a “sell” rating in a research report on Thursday, May 7th. HSBC raised ARM from a “reduce” rating to a “buy” rating and increased their target price for the company from $90.00 to $205.00 in a report on Friday, March 20th. Finally, Barclays increased their target price on ARM from $250.00 to $360.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Twenty research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $226.92.

ARM 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.