Mizuho Markets Cayman LP Acquires 15,688 Shares of ARM Holdings PLC Sponsored ADR $ARM

Mizuho Markets Cayman LP lifted its holdings in ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 98.3% in the 1st quarter, Holdings Channel.com reports. The firm owned 31,654 shares of the company’s stock after acquiring an additional 15,688 shares during the quarter. Mizuho Markets Cayman LP’s holdings in ARM were worth $4,789,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ARM. Syntax Research Inc. purchased a new position in ARM during the first quarter valued at approximately $30,000. Mcguire Capital Advisors Inc. purchased a new stake in ARM during the fourth quarter worth $30,000. Navalign LLC purchased a new stake in ARM during the fourth quarter worth $33,000. FWL Investment Management LLC bought a new stake in ARM during the 2nd quarter valued at $34,000. Finally, Motiv8 Investments LLC bought a new stake in ARM during the 4th quarter valued at $38,000. 7.53% of the stock is currently owned by institutional investors.

ARM Stock Down 2.2%

Shares of ARM opened at $283.40 on Thursday. The company has a 50 day moving average of $328.16 and a two-hundred day moving average of $206.83. ARM Holdings PLC Sponsored ADR has a twelve month low of $100.02 and a twelve month high of $452.70. The company has a market cap of $302.69 billion, a price-to-earnings ratio of 337.38, a price-to-earnings-growth ratio of 9.05 and a beta of 3.76.

ARM (NASDAQ:ARM) last issued 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 business had revenue of $1.49 billion for the quarter. On average, sell-side analysts expect that ARM Holdings PLC Sponsored ADR will post 1.12 EPS for the current year.

Insider Activity

In related news, CAO Laura Kathleen Bartels sold 11,306 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $392.70, for a total transaction of $4,439,866.20. Following the transaction, the chief accounting officer directly owned 12,135 shares of the company’s stock, valued at $4,765,414.50. This represents a 48.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider William Abbey sold 10,887 shares of the company’s stock in a transaction dated 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 transaction, the insider directly 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 disclosure for this sale is available in the SEC filing. Insiders sold 216,049 shares of company stock worth $52,101,605 over the last quarter.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Benchmark began coverage on ARM in a report on Thursday, July 16th. They issued a “hold” rating on the stock. HSBC cut ARM from a “buy” rating to a “hold” rating and upped their price objective for the stock from $255.00 to $315.00 in a research note on Tuesday, July 14th. Wells Fargo & Company dropped their price objective on ARM from $410.00 to $350.00 and set an “overweight” rating on the stock in a research report on Wednesday. The Goldman Sachs Group lifted their target price on ARM from $125.00 to $150.00 and gave the company a “sell” rating in a research note on Thursday, May 7th. Finally, Guggenheim boosted their target price on shares of ARM from $240.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Seventeen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $297.65.

Key ARM News

Here are the key news stories impacting ARM this week:

• Positive Sentiment: Arm is gaining traction in AI servers as IDC projects the AI infrastructure market could approach $500 billion this year, reinforcing the company’s relevance in one of the market’s strongest growth themes. Arm Gains Ground in AI Servers
• Neutral Sentiment: Wells Fargo cut its price target on Arm to $350 from $410, but kept an Overweight rating, suggesting the bank still sees upside even as it turns more cautious on near-term execution. ARM Stock Takes A Breather After Three Days Of Gains — Wells Fargo Cuts Price Target, Warning Of A ‘Tough Setup’ Ahead
• Neutral Sentiment: UBS issued a pessimistic forecast for ARM, adding to the day’s analyst caution and likely contributing to the stock’s softer tone. UBS Group Issues Pessimistic Forecast for ARM (NASDAQ:ARM) Stock Price
• Neutral Sentiment: Commentary comparing Arm with Coherent argues that Coherent has stronger upside, profitability, and valuation appeal, which may be weighing on sentiment around ARM relative to other AI infrastructure names. COHR vs. ARM: Which Tech Stock Offers More Upside Now?
• Negative Sentiment: Some market commentary is questioning whether Arm’s valuation can be justified after its huge year-to-date gain and recent pullback, which may be prompting profit-taking. Prediction: Up 144% YTD, Is Arm Holdings The Next Nvidia?

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.