Peterson Wealth Services Raises Position in ARM Holdings PLC Sponsored ADR $ARM

Peterson Wealth Services increased its stake in ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 34,150.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,535 shares of the company’s stock after purchasing an additional 7,513 shares during the quarter. Peterson Wealth Services’ holdings in ARM were worth $1,066,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of ARM. Pacific Heights Asset Management LLC boosted its position in ARM by 32.1% during the 3rd quarter. Pacific Heights Asset Management LLC now owns 185,000 shares of the company’s stock valued at $26,176,000 after acquiring an additional 45,000 shares in the last quarter. Orion Porfolio Solutions LLC purchased a new position in shares of ARM in the 2nd quarter valued at approximately $6,277,000. Voya Investment Management LLC boosted its position in shares of ARM by 15.5% during the third quarter. Voya Investment Management LLC now owns 202,443 shares of the company’s stock valued at $28,644,000 after purchasing an additional 27,228 shares in the last quarter. Stanley Laman Group Ltd. purchased a new stake in ARM in the third quarter worth $6,219,000. Finally, Zevenbergen Capital Investments LLC raised its holdings in ARM by 4.7% in the third quarter. Zevenbergen Capital Investments LLC now owns 499,772 shares of the company’s stock worth $70,713,000 after purchasing an additional 22,483 shares in the last quarter. 7.53% of the stock is owned by hedge funds and other institutional investors.

ARM Trading Up 1.5%

Shares of ARM opened at $106.93 on Tuesday. ARM Holdings PLC Sponsored ADR has a 12 month low of $80.00 and a 12 month high of $183.16. The business’s fifty day simple moving average is $118.90 and its two-hundred day simple moving average is $139.13. The company has a market cap of $112.97 billion, a price-to-earnings ratio of 137.09, a P/E/G ratio of 6.31 and a beta of 4.35.

ARM (NASDAQ:ARM) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.39 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the prior year, the company posted $0.30 earnings per share. The company’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. As a group, research analysts forecast that ARM Holdings PLC Sponsored ADR will post 0.9 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on ARM shares. Morgan Stanley reduced their target price on shares of ARM from $180.00 to $135.00 and set an “overweight” rating on the stock in a research report on Friday, January 23rd. Oddo Bhf set a $170.00 price objective on shares of ARM in a report on Monday, January 5th. Citigroup downgraded shares of ARM from a “buy” rating to a “hold” rating in a research note on Tuesday, January 13th. Needham & Company LLC reissued a “hold” rating on shares of ARM in a research report on Thursday, November 6th. Finally, Royal Bank Of Canada started coverage on ARM in a research note on Wednesday, January 14th. They set an “outperform” rating and a $140.00 price objective for the company. Sixteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $169.52.

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.