Empirical Financial Services LLC d.b.a. Empirical Wealth Management Raises Holdings in ARM Holdings PLC Sponsored ADR $ARM

Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in shares of ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 81.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,608 shares of the company’s stock after purchasing an additional 2,512 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in ARM were worth $848,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Rathbones Group PLC increased its holdings in ARM by 4,638.8% in the 4th quarter. Rathbones Group PLC now owns 500,043 shares of the company’s stock worth $54,660,000 after buying an additional 489,491 shares in the last quarter. Paragon Capital Management Inc. bought a new position in ARM during the 4th quarter valued at about $826,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in ARM by 34.7% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 24,188 shares of the company’s stock valued at $2,644,000 after acquiring an additional 6,232 shares during the period. Partners Group Holding AG purchased a new stake in shares of ARM during the 4th quarter valued at about $798,000. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of ARM by 13.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 417,775 shares of the company’s stock valued at $45,667,000 after acquiring an additional 49,811 shares during the last quarter. Institutional investors own 7.53% of the company’s stock.

Trending Headlines about ARM

Here are the key news stories impacting ARM this week:

• Positive Sentiment: Zacks highlighted ARM’s expanding royalty opportunities and AI chip strategy, saying they are strengthening the company’s long-term growth story and supporting its ability to benefit from AI demand. Article Title
• Positive Sentiment: One market commentary argued that ARM’s recent pullback could be a buying opportunity for long-term investors after the shares retreated from a 12-month peak. Article Title
• Neutral Sentiment: Benchmark initiated coverage with a Hold rating, suggesting the stock may need a pause after its strong year-to-date gain and leaving the near-term outlook balanced. Article Title
• Negative Sentiment: HSBC downgraded ARM to Hold, warning that the stock’s sharp rally has left it expensive relative to fundamentals and more vulnerable to disappointment. Article Title
• Negative Sentiment: Another valuation-focused report said ARM may be “priced for perfection,” with a high price-to-book multiple and elevated expectations creating downside risk if growth slows. Article Title

Insider Buying and Selling at ARM

In other news, CAO Laura Kathleen Bartels sold 11,306 shares of the business’s stock in a transaction 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 completion of the sale, the chief accounting officer owned 12,135 shares of the company’s stock, valued at $4,765,414.50. The trade was a 48.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Richard Roy Grisenthwaite sold 24,339 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $209.15, for a total transaction of $5,090,501.85. Following the sale, the insider directly owned 5,543 shares of the company’s stock, valued at approximately $1,159,318.45. The trade was a 81.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 238,906 shares of company stock worth $56,245,828.

ARM Trading Down 5.4%

ARM opened at $262.01 on Friday. The company has a market cap of $279.85 billion, a price-to-earnings ratio of 311.92, a PEG ratio of 10.06 and a beta of 3.76. The company’s 50 day moving average is $323.06 and its 200 day moving average is $202.11. ARM Holdings PLC Sponsored ADR has a 12-month low of $100.02 and a 12-month high of $452.70.

ARM (NASDAQ:ARM) last announced its earnings results on Wednesday, April 1st. The company reported $0.60 earnings per share (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. As a group, analysts predict that ARM Holdings PLC Sponsored ADR will post 1.12 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ARM has been the subject of several research reports. UBS Group boosted their price objective on shares of ARM from $260.00 to $470.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Needham & Company LLC restated a “buy” rating and issued a $400.00 target price on shares of ARM in a report on Tuesday, June 16th. Royal Bank Of Canada lifted their target price on shares of ARM from $175.00 to $260.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. Bank of America boosted their target price on shares of ARM from $335.00 to $460.00 and gave the company a “neutral” rating in a research note on Tuesday, June 23rd. Finally, The Goldman Sachs Group boosted their target price on shares of ARM from $125.00 to $150.00 and gave the company a “sell” rating in a research note on Thursday, May 7th. Seventeen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, ARM currently has a consensus rating of “Moderate Buy” and a consensus target price of $298.96.

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.