Harvest Fund Management Co. Ltd Buys 7,725 Shares of ARM Holdings PLC Sponsored ADR $ARM

Harvest Fund Management Co. Ltd increased its stake in shares of ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 43.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 25,495 shares of the company’s stock after acquiring an additional 7,725 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in ARM were worth $3,604,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of ARM. Compound Planning Inc. raised its holdings in 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 acquiring an additional 69 shares during the period. Ritholtz Wealth Management lifted its position in ARM by 3.0% during the third quarter. Ritholtz Wealth Management now owns 2,439 shares of the company’s stock worth $345,000 after acquiring an additional 70 shares during the last quarter. Rathbones Group PLC boosted its holdings in shares of ARM by 0.7% during the third quarter. Rathbones Group PLC now owns 10,552 shares of the company’s stock worth $1,493,000 after acquiring an additional 70 shares during the period. Nwam LLC boosted its holdings in shares of ARM by 4.3% during the third quarter. Nwam LLC now owns 1,711 shares of the company’s stock worth $242,000 after acquiring an additional 71 shares during the period. Finally, Kovack Advisors Inc. grew its position in shares of ARM by 2.0% in the third quarter. Kovack Advisors Inc. now owns 3,602 shares of the company’s stock valued at $510,000 after purchasing an additional 72 shares during the last quarter. Institutional investors and hedge funds own 7.53% of the company’s stock.

ARM Trading Up 0.5%

NASDAQ ARM opened at $115.75 on Friday. The company has a market cap of $122.29 billion, a price-to-earnings ratio of 154.33, a PEG ratio of 7.94 and a beta of 4.11. The company has a 50 day moving average of $117.27 and a 200-day moving average of $134.41. ARM Holdings PLC Sponsored ADR has a 1-year low of $80.00 and a 1-year high of $183.16.

ARM (NASDAQ:ARM) last issued its quarterly earnings results on Wednesday, February 4th. The company reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.02. ARM had a return on equity of 14.01% and a net margin of 17.15%.The business had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the prior year, the business posted $0.39 earnings per share. The firm’s quarterly revenue was up 26.3% compared to the same quarter last year. ARM has set its Q4 2026 guidance at 0.540-0.620 EPS. On average, equities research analysts forecast that ARM Holdings PLC Sponsored ADR will post 0.9 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on ARM. Citigroup lowered ARM from a “buy” rating to a “hold” rating in a research note on Tuesday, January 13th. Benchmark reaffirmed a “hold” rating on shares of ARM in a report on Thursday, February 5th. JPMorgan Chase & Co. lowered their price objective on ARM from $180.00 to $145.00 and set an “overweight” rating on the stock in a research report on Thursday, February 5th. Raymond James Financial began coverage on ARM in a report on Friday, November 21st. They set a “hold” rating for the company. Finally, UBS Group reduced their target price on shares of ARM from $175.00 to $170.00 and set a “buy” rating for the company in a research report on Thursday, February 5th. Sixteen investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, ARM presently has an average rating of “Moderate Buy” and a consensus price target of $160.81.

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.