Primecap Management Co. CA Sells 38,020 Shares of ARM Holdings PLC Sponsored ADR $ARM

Primecap Management Co. CA reduced its holdings in shares of ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 13.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 235,590 shares of the company’s stock after selling 38,020 shares during the quarter. Primecap Management Co. CA’s holdings in ARM were worth $38,104,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the business. Victory Capital Management Inc. lifted its stake in ARM by 0.8% during the 1st quarter. Victory Capital Management Inc. now owns 58,068 shares of the company’s stock valued at $6,201,000 after acquiring an additional 457 shares during the period. Private Advisor Group LLC lifted its stake in shares of ARM by 12.0% in the 1st quarter. Private Advisor Group LLC now owns 9,757 shares of the company’s stock worth $1,042,000 after purchasing an additional 1,045 shares during the period. Kestra Private Wealth Services LLC boosted its holdings in shares of ARM by 20.3% in the first quarter. Kestra Private Wealth Services LLC now owns 5,103 shares of the company’s stock worth $545,000 after buying an additional 862 shares during the last quarter. HighPoint Advisor Group LLC grew its position in ARM by 26.8% during the first quarter. HighPoint Advisor Group LLC now owns 5,051 shares of the company’s stock valued at $564,000 after buying an additional 1,066 shares during the period. Finally, Y Intercept Hong Kong Ltd purchased a new stake in ARM during the first quarter valued at approximately $747,000. 7.53% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on ARM shares. Weiss Ratings reissued a “hold (c)” rating on shares of ARM in a research report on Wednesday, October 8th. KeyCorp lifted their target price on ARM from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. Wells Fargo & Company boosted their target price on shares of ARM from $190.00 to $195.00 and gave the stock an “overweight” rating in a report on Thursday, November 6th. TD Cowen increased their price target on shares of ARM from $175.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Finally, Seaport Res Ptn upgraded ARM to a “strong-buy” rating in a research report on Monday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $179.80.

ARM Trading Up 0.7%

ARM stock opened at $136.99 on Thursday. ARM Holdings PLC Sponsored ADR has a 12 month low of $80.00 and a 12 month high of $183.16. The stock has a market cap of $144.73 billion, a PE ratio of 175.63, a P/E/G ratio of 8.15 and a beta of 4.11. The company has a 50-day moving average price of $156.12 and a 200 day moving average price of $146.44.

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

ARM Company 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.