ARM (NASDAQ:ARM) Trading 11.3% Higher Following Analyst Upgrade

ARM Holdings PLC Sponsored ADR (NASDAQ:ARM)’s share price traded up 11.3% during trading on Thursday after Bank of America raised their price target on the stock from $245.00 to $335.00. Bank of America currently has a neutral rating on the stock. ARM traded as high as $344.68 and last traded at $342.23. 8,636,793 shares traded hands during trading, a decline of 0% from the average session volume of 8,639,059 shares. The stock had previously closed at $307.43.

ARM has been the subject of a number of other research reports. Rosenblatt Securities lifted their target price on ARM from $175.00 to $270.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Sanford C. Bernstein assumed coverage on ARM in a report on Monday, May 18th. They set an “outperform” rating and a $300.00 target price for the company. TD Cowen lifted their target price on ARM from $165.00 to $265.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Raymond James Financial reaffirmed an “outperform” rating on shares of ARM in a report on Thursday, May 7th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of ARM in a report on Thursday, May 7th. Twenty equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $239.00.

Insider Buying and Selling

In other ARM news, insider Spencer Collins sold 51,961 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $211.73, for a total value of $11,001,702.53. Following the completion of the transaction, the insider directly owned 51,125 shares of the company’s stock, valued at approximately $10,824,696.25. The trade was a 50.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Laura Kathleen Bartels sold 11,306 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $392.70, for a total value of $4,439,866.20. Following the completion of the transaction, the chief accounting officer directly owned 12,135 shares of the company’s stock, valued at $4,765,414.50. The trade was a 48.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 301,338 shares of company stock valued at $66,030,158 in the last three months.

ARM News Summary

Here are the key news stories impacting ARM this week:

• Positive Sentiment: Wall Street upgrades and higher price targets are lifting sentiment around Arm Holdings (ARM), with analysts citing stronger demand prospects tied to data-center CPUs and agentic AI infrastructure. Arm Holdings Rallies As Agentic AI Spark Triggers Wave Of Wall Street Upgrades
• Positive Sentiment: Mizuho raised its price target on Arm Holdings (ARM), adding to the bullish analyst backdrop and reinforcing the market’s view that Arm is a key beneficiary of AI spending. Mizuho Raises PT on Arm Holdings (ARM), Here’s What You Should Know
• Positive Sentiment: Coverage noting Arm’s strong year-to-date performance and positioning in the AI infrastructure trade is keeping bullish momentum alive, as investors continue to re-rate the stock higher. Why Arm Holdings Stock Rallied on Thursday
• Neutral Sentiment: Bank of America raised its price target on Arm Holdings (ARM) to $335 from $245, but kept a neutral rating, suggesting optimism about valuation while stopping short of a full bullish call. Benzinga report on Bank of America target increase
• Neutral Sentiment: Related product news on Arm’s new mobile graphics and Unreal Engine capabilities may help highlight the company’s technology platform, but it appears less likely to be the main driver of the stock move today. Arm’s impressive Neural Dawn is a ray-traced mobile game built for next-gen Arm Mali GPUs
• Negative Sentiment: Arm has also seen some volatility from a broader selloff in mobile-chip stocks, showing that macro and sector weakness can still pressure the shares despite the recent rally. Qualcomm Drops 6%, Arm Holdings Falls 5% as Mobile-Chip Stocks Slide in the Selloff

Institutional Trading of ARM

Institutional investors and hedge funds have recently made changes to their positions in the business. Syntax Research Inc. purchased a new stake in shares of ARM in the first quarter valued at approximately $30,000. Evelyn Partners Investment Management Services Ltd purchased a new stake in shares of ARM in the first quarter valued at approximately $30,000. Mcguire Capital Advisors Inc. purchased a new stake in shares of ARM in the fourth quarter valued at approximately $30,000. Navalign LLC purchased a new stake in shares of ARM in the fourth quarter valued at approximately $33,000. Finally, FWL Investment Management LLC purchased a new stake in shares of ARM in the second quarter valued at approximately $34,000. 7.53% of the stock is currently owned by hedge funds and other institutional investors.

ARM Stock Up 11.3%

The firm has a market capitalization of $365.53 billion, a PE ratio of 407.42, a PEG ratio of 11.80 and a beta of 3.78. The stock has a 50-day moving average price of $235.49 and a 200 day moving average price of $162.14.

ARM (NASDAQ:ARM) last posted its quarterly earnings data on Wednesday, April 1st. The company reported $0.60 EPS for the quarter. The business had revenue of $1.49 billion during the quarter. ARM had a return on equity of 12.43% and a net margin of 18.37%. As a group, equities analysts predict that ARM Holdings PLC Sponsored ADR will post 1.12 earnings per share for the current fiscal year.

ARM Company 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.