8,003 Shares in ARM Holdings PLC Sponsored ADR $ARM Acquired by Thoroughbred Financial Services LLC

Thoroughbred Financial Services LLC acquired a new stake in ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 8,003 shares of the company’s stock, valued at approximately $1,294,000.

A number of other institutional investors have also made changes to their positions in ARM. Goldman Sachs Group Inc. grew its holdings in ARM by 59.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 6,574,854 shares of the company’s stock valued at $702,129,000 after purchasing an additional 2,446,224 shares in the last quarter. Sustainable Growth Advisers LP boosted its position in ARM by 116.8% in the 2nd quarter. Sustainable Growth Advisers LP now owns 3,457,220 shares of the company’s stock valued at $559,171,000 after buying an additional 1,862,626 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its stake in shares of ARM by 3,853.4% during the second quarter. Robeco Institutional Asset Management B.V. now owns 520,465 shares of the company’s stock valued at $84,180,000 after acquiring an additional 507,300 shares in the last quarter. American Century Companies Inc. grew its stake in shares of ARM by 112.3% during the first quarter. American Century Companies Inc. now owns 703,365 shares of the company’s stock valued at $75,112,000 after acquiring an additional 372,081 shares in the last quarter. Finally, Mawer Investment Management Ltd. purchased a new stake in shares of ARM during the second quarter worth about $44,599,000. 7.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ARM. JPMorgan Chase & Co. raised their price objective on ARM from $175.00 to $180.00 and gave the company an “overweight” rating in a research note on Thursday, November 6th. Cowen reissued a “buy” rating on shares of ARM in a research report on Thursday, November 6th. Benchmark reaffirmed a “hold” rating on shares of ARM in a report on Thursday, November 6th. Needham & Company LLC reiterated a “hold” rating on shares of ARM in a research note on Thursday, November 6th. Finally, Mizuho boosted their target price on shares of ARM from $180.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, November 6th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $179.80.

ARM Stock Performance

Shares of NASDAQ:ARM opened at $139.77 on Friday. ARM Holdings PLC Sponsored ADR has a 1-year low of $80.00 and a 1-year high of $183.16. The company’s fifty day moving average is $156.54 and its two-hundred day moving average is $146.01. The stock has a market capitalization of $147.67 billion, a price-to-earnings ratio of 179.19, a price-to-earnings-growth ratio of 8.37 and a beta of 4.11.

ARM (NASDAQ:ARM) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.06. ARM had a net margin of 18.81% and a return on equity of 15.03%. The firm had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the prior year, the business earned $0.30 earnings per share. ARM’s quarterly revenue was up 34.5% on a year-over-year basis. ARM has set its Q3 2026 guidance at 0.370-0.450 EPS. Sell-side analysts expect that ARM Holdings PLC Sponsored ADR will post 0.9 EPS for the current fiscal year.

ARM Profile

Arm Holdings Plc engages in the licensing, marketing, research, and development of microprocessors, systems IP, graphics processing units, physical IP and associated systems IP, software, and tools. It operates through the following geographical segments: United Kingdom, United States, and Other Countries.