ARM Holdings PLC Sponsored ADR $ARM Shares Acquired by Altimeter Capital Management LP

Altimeter Capital Management LP grew its holdings in ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 17.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,098,139 shares of the company’s stock after acquiring an additional 164,931 shares during the quarter. ARM accounts for approximately 2.0% of Altimeter Capital Management LP’s holdings, making the stock its 15th largest holding. Altimeter Capital Management LP’s holdings in ARM were worth $155,376,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. GAMMA Investing LLC raised its position in shares of ARM by 126.0% in the 3rd quarter. GAMMA Investing LLC now owns 174 shares of the company’s stock valued at $25,000 after purchasing an additional 97 shares during the last quarter. Grey Fox Wealth Advisors LLC purchased a new stake in ARM during the 3rd quarter worth approximately $28,000. FWL Investment Management LLC purchased a new stake in ARM during the 2nd quarter worth approximately $34,000. WFA of San Diego LLC acquired a new position in ARM during the 2nd quarter valued at approximately $49,000. Finally, Financial Consulate Inc. acquired a new position in ARM during the 3rd quarter valued at approximately $45,000. Hedge funds and other institutional investors own 7.53% of the company’s stock.

ARM Price Performance

NASDAQ:ARM opened at $115.75 on Friday. The company’s fifty day moving average price is $117.27 and its 200-day moving average price is $134.37. ARM Holdings PLC Sponsored ADR has a 1-year low of $80.00 and a 1-year high of $183.16. The firm has a market capitalization of $122.29 billion, a P/E ratio of 154.33, a PEG ratio of 7.99 and a beta of 4.11.

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on ARM shares. Citigroup downgraded shares of ARM from a “buy” rating to a “hold” rating in a research note on Tuesday, January 13th. Evercore cut their target price on ARM from $215.00 to $170.00 and set an “outperform” rating on the stock in a research report on Thursday, February 5th. Morgan Stanley reduced their target price on ARM from $180.00 to $135.00 and set an “overweight” rating for the company in a research note on Friday, January 23rd. Royal Bank Of Canada dropped their price target on ARM from $140.00 to $130.00 and set an “outperform” rating on the stock in a research note on Thursday, February 5th. Finally, New Street Research raised ARM from a “neutral” rating to a “buy” rating in a report on Thursday, February 5th. Sixteen equities research 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’s stock. Based on data from MarketBeat, ARM presently has an average rating of “Moderate Buy” and a consensus target price 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.