ARM (NASDAQ:ARM) Insider William Abbey Sells 10,887 Shares of Stock

ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) insider William Abbey sold 10,887 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $224.14, for a total value of $2,440,212.18. Following the completion of the transaction, the insider owned 43,353 shares in the company, valued at $9,717,141.42. This represents a 20.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

William Abbey also recently made the following trade(s):

• On Wednesday, May 20th, William Abbey sold 5,069 shares of ARM stock. The stock was sold at an average price of $257.18, for a total value of $1,303,645.42.
• On Friday, May 15th, William Abbey sold 7,000 shares of ARM stock. The stock was sold at an average price of $212.55, for a total value of $1,487,850.00.
• On Thursday, April 23rd, William Abbey sold 1,577 shares of ARM stock. The shares were sold at an average price of $199.00, for a total value of $313,823.00.

ARM Price Performance

NASDAQ:ARM opened at $298.23 on Friday. The business’s fifty day moving average price is $175.32 and its 200 day moving average price is $142.53. The firm has a market capitalization of $315.08 billion, a PE ratio of 355.04, a price-to-earnings-growth ratio of 9.32 and a beta of 3.40. ARM Holdings PLC Sponsored ADR has a 12 month low of $100.02 and a 12 month high of $298.70.

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

ARM News Summary

Here are the key news stories impacting ARM this week:

• Positive Sentiment: Bernstein initiated coverage with an outperform rating and a $300 price target, reinforcing the view that ARM has more upside as AI and custom silicon demand grow. Bernstein explains why it isn’t too late to invest in Arm stock
• Positive Sentiment: Jefferies said Nvidia’s bullish remarks on Arm-based Vera CPUs are a favorable signal for ARM, and reiterated its Buy rating and $290 target. Nvidia CPU comments read positively for this chip stock: analyst
• Positive Sentiment: Arm shares hit fresh all-time highs as investors priced in strong profit growth expectations over the next four years. Arm Holdings (ARM) Hits All-Time High as Profits Seen Rocketing 5x
• Neutral Sentiment: Several insider sales were disclosed, including transactions by CFO Jason Child and directors/executives Charlotte Claire Eaton, William Abbey, and Spencer Collins. These were mostly pre-arranged or routine filings, but they can still add some caution around valuation. SEC filing for insider sales
• Neutral Sentiment: Market commentary continues to frame ARM as a momentum stock tied to AI infrastructure and custom silicon adoption, which supports the rally but also suggests the shares are trading at elevated expectations. Why Arm Holdings Stock Surged to an All-Time High Today

Institutional Investors Weigh In On ARM

A number of institutional investors have recently modified their holdings of the stock. Compound Planning Inc. raised its stake in shares of ARM by 4.6% in the 3rd quarter. Compound Planning Inc. now owns 1,569 shares of the company’s stock valued at $222,000 after purchasing an additional 69 shares in the last quarter. Ritholtz Wealth Management raised its stake in shares of ARM by 3.0% in the 3rd quarter. Ritholtz Wealth Management now owns 2,439 shares of the company’s stock valued at $345,000 after purchasing an additional 70 shares in the last quarter. Rathbones Group PLC raised its stake in shares of ARM by 0.7% in the 3rd quarter. Rathbones Group PLC now owns 10,552 shares of the company’s stock valued at $1,493,000 after purchasing an additional 70 shares in the last quarter. Kovack Advisors Inc. grew its position in shares of ARM by 2.0% during the 3rd quarter. Kovack Advisors Inc. now owns 3,602 shares of the company’s stock valued at $510,000 after buying an additional 72 shares during the last quarter. Finally, Americana Partners LLC grew its position in shares of ARM by 1.0% during the 3rd quarter. Americana Partners LLC now owns 7,352 shares of the company’s stock valued at $1,040,000 after buying an additional 75 shares during the last quarter. Institutional investors and hedge funds own 7.53% of the company’s stock.

Wall Street Analyst Weigh In

ARM has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of ARM in a research report on Thursday, May 7th. UBS Group lowered their target price on shares of ARM from $175.00 to $170.00 and set a “buy” rating for the company in a research note on Thursday, February 5th. Weiss Ratings reissued a “hold (c)” rating on shares of ARM in a research note on Monday, April 20th. Needham & Company LLC boosted their price objective on shares of ARM from $200.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Finally, Guggenheim boosted their price objective on shares of ARM from $240.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Twenty investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, ARM presently has an average rating of “Moderate Buy” and a consensus target price of $208.79.

About ARM

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.