Arrow Electronics (NYSE:ARW) SVP Carine Lamercie Jean-Claude Sells 1,000 Shares of Stock

Arrow Electronics, Inc. (NYSE:ARW) SVP Carine Jean-Claude sold 1,000 shares of Arrow Electronics stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $209.85, for a total value of $209,850.00. Following the sale, the senior vice president owned 11,626 shares in the company, valued at $2,439,716.10. This represents a 7.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Arrow Electronics Stock Performance

Shares of ARW opened at $216.34 on Friday. The firm has a market cap of $11.01 billion, a price-to-earnings ratio of 13.82, a PEG ratio of 0.31 and a beta of 1.19. The company has a quick ratio of 1.01, a current ratio of 1.22 and a debt-to-equity ratio of 0.29. The business’s 50 day moving average is $209.12 and its two-hundred day moving average is $190.86. Arrow Electronics, Inc. has a 52-week low of $101.79 and a 52-week high of $237.33.

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

Arrow Electronics declared that its Board of Directors has authorized a stock buyback program on Wednesday, May 13th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the technology company to purchase up to 9.7% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

ARW has been the topic of several research analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Arrow Electronics in a research report on Friday, August 21st. Raymond James Financial reissued an “outperform” rating and issued a $250.00 price objective on shares of Arrow Electronics in a report on Friday, August 7th. Wall Street Zen upgraded Arrow Electronics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 25th. Wells Fargo & Company increased their target price on Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a report on Friday, August 7th. Finally, Truist Financial decreased their target price on Arrow Electronics from $260.00 to $250.00 and set a “buy” rating for the company in a research report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Arrow Electronics has a consensus rating of “Moderate Buy” and an average price target of $233.25.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Private Advisor Group LLC raised its stake in Arrow Electronics by 2.6% during the first quarter. Private Advisor Group LLC now owns 3,054 shares of the technology company’s stock worth $438,000 after acquiring an additional 78 shares during the period. Root Financial Partners LLC grew its holdings in shares of Arrow Electronics by 38.9% during the first quarter. Root Financial Partners LLC now owns 282 shares of the technology company’s stock valued at $40,000 after purchasing an additional 79 shares during the last quarter. Krilogy Financial LLC grew its holdings in shares of Arrow Electronics by 3.2% during the first quarter. Krilogy Financial LLC now owns 2,543 shares of the technology company’s stock valued at $365,000 after purchasing an additional 80 shares during the last quarter. Gateway Investment Advisers LLC raised its position in shares of Arrow Electronics by 3.8% during the 4th quarter. Gateway Investment Advisers LLC now owns 2,276 shares of the technology company’s stock worth $251,000 after purchasing an additional 84 shares during the period. Finally, Oregon Public Employees Retirement Fund raised its position in shares of Arrow Electronics by 0.8% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 10,567 shares of the technology company’s stock worth $2,255,000 after purchasing an additional 84 shares during the period. 99.34% of the stock is owned by institutional investors and hedge funds.

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.