ARM (NASDAQ:ARM) Stock Price Down 1.4% – What’s Next?

ARM Holdings PLC Sponsored ADR (NASDAQ:ARM)’s share price was down 1.4% during mid-day trading on Friday . The company traded as low as $275.00 and last traded at $282.57. Approximately 3,814,412 shares were traded during trading, a decline of 55% from the average daily volume of 8,499,154 shares. The stock had previously closed at $286.68.

Wall Street Analysts Forecast Growth

ARM has been the topic of several recent research reports. Barclays increased their price objective on shares of ARM from $250.00 to $360.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Royal Bank Of Canada cut their target price on shares of ARM from $475.00 to $340.00 and set an “outperform” rating for the company in a research report on Thursday, July 30th. Jefferies Financial Group reaffirmed a “buy” rating and set a $320.00 target price on shares of ARM in a report on Monday, July 20th. Bank of America reiterated a “neutral” rating on shares of ARM in a research report on Thursday, July 30th. Finally, The Goldman Sachs Group upped their price objective on ARM from $125.00 to $150.00 and gave the stock a “sell” rating in a research note on Thursday, May 7th. Eighteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $285.33.

ARM Trading Down 1.4%

The stock has a 50 day moving average of $323.52 and a 200-day moving average of $218.70. The company has a market capitalization of $301.81 billion, a P/E ratio of 291.31, a P/E/G ratio of 8.38 and a beta of 3.90.

ARM (NASDAQ:ARM) last released its earnings results on Wednesday, July 29th. The company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.05. ARM had a net margin of 20.25% and a return on equity of 12.24%. The company had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.26 billion. During the same quarter last year, the business earned $0.35 EPS. The firm’s revenue was up 22.4% compared to the same quarter last year. ARM has set its Q2 2027 guidance at 0.430-0.510 EPS. As a group, sell-side analysts expect that ARM Holdings PLC Sponsored ADR will post 1.15 EPS for the current fiscal year.

Insider Activity

In other ARM news, insider Charlotte Claire Eaton sold 7,805 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $290.01, for a total value of $2,263,528.05. Following the completion of the sale, the insider owned 5,000 shares in the company, valued at approximately $1,450,050. This represents a 60.95% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Laura Kathleen Bartels sold 11,306 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $392.70, for a total value of $4,439,866.20. Following the completion of the sale, the chief accounting officer owned 12,135 shares of the company’s stock, valued at $4,765,414.50. The trade was a 48.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 216,049 shares of company stock valued at $52,101,605 over the last 90 days.

Hedge Funds Weigh In On ARM

A number of hedge funds have recently made changes to their positions in ARM. GAMMA Investing LLC raised its stake in ARM by 18.7% during the 2nd quarter. GAMMA Investing LLC now owns 406 shares of the company’s stock valued at $144,000 after purchasing an additional 64 shares during the period. CreativeOne Wealth LLC boosted its stake in ARM by 5.0% in the 4th quarter. CreativeOne Wealth LLC now owns 1,830 shares of the company’s stock worth $200,000 after purchasing an additional 87 shares during the period. AdvisorNet Financial Inc grew its holdings in ARM by 6.2% during the 1st quarter. AdvisorNet Financial Inc now owns 1,681 shares of the company’s stock valued at $254,000 after buying an additional 98 shares in the last quarter. Moors & Cabot Inc. grew its holdings in ARM by 5.3% during the 3rd quarter. Moors & Cabot Inc. now owns 2,050 shares of the company’s stock valued at $290,000 after buying an additional 103 shares in the last quarter. Finally, Heritage Trust Co raised its position in shares of ARM by 5.5% during the fourth quarter. Heritage Trust Co now owns 2,045 shares of the company’s stock valued at $224,000 after buying an additional 107 shares during the last quarter. Institutional investors own 7.53% of the company’s stock.

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.