ARM (NASDAQ:ARM) Sets New 52-Week High – Here’s What Happened

ARM Holdings PLC Sponsored ADR (NASDAQ:ARM)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $259.44 and last traded at $256.73, with a volume of 18038893 shares trading hands. The stock had previously closed at $223.15.

More ARM News

Here are the key news stories impacting ARM this week:

• Positive Sentiment: Analysts said Nvidia’s bullish comments on Arm-based Vera CPUs support ARM’s growth narrative, with Jefferies reiterating a Buy rating and a $290 price target. Nvidia CPU comments read positively for this chip stock: analyst
• Positive Sentiment: Bernstein initiated coverage with an Outperform rating and a $300 target, highlighting Arm’s potential as AI and custom chip demand expands. Is Arm Holdings (ARM) the Best European Growth Stock to Buy?
• Positive Sentiment: Market commentary continues to frame ARM as a momentum name tied to the AI and CPU renaissance, with investors bidding the shares to fresh highs on expectations for strong profit growth. Arm Holdings (ARM) Hits All-Time High as Profits Seen Rocketing 5x
• Neutral Sentiment: Several insider sales were disclosed this week, including transactions by Charlotte Claire Eaton, CFO Jason Child, William Abbey, and Spencer Collins; most were pre-arranged or routine, but they can still raise valuation caution. SEC filing for insider sales
• Neutral Sentiment: Some recent market commentary says ARM remains a high-momentum stock and a proxy for the AI buildout, which supports the rally but also suggests expectations are elevated. Why Arm Holdings Stock Surged to an All-Time High Today

Analysts Set New Price Targets

ARM has been the subject of several research analyst reports. Guggenheim lifted their price objective on shares of ARM from $240.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. KeyCorp reissued an “overweight” rating on shares of ARM in a research report on Thursday, February 5th. Royal Bank Of Canada lifted their price target on shares of ARM from $175.00 to $260.00 and gave the company an “outperform” rating in a research report on Thursday, May 7th. Benchmark reissued a “hold” rating on shares of ARM in a research report on Thursday, February 5th. Finally, JPMorgan Chase & Co. reduced their price target on shares of ARM from $180.00 to $145.00 and set an “overweight” rating for the company in a research report on Thursday, February 5th. Twenty investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $208.79.

ARM Trading Up 2.8%

The firm’s 50-day moving average is $179.05 and its 200-day moving average is $143.68. The firm has a market cap of $323.83 billion, a price-to-earnings ratio of 364.89, a P/E/G ratio of 10.83 and a beta of 3.40.

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

Insider Activity

In other ARM news, CFO Jason Child sold 31,920 shares of ARM stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $226.54, for a total transaction of $7,231,156.80. Following the transaction, the chief financial officer directly owned 174,232 shares of the company’s stock, valued at $39,470,517.28. The trade was a 15.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Richard Roy Grisenthwaite sold 24,339 shares of ARM stock in a transaction on Monday, May 18th. The stock was sold at an average price of $209.15, for a total transaction of $5,090,501.85. Following the transaction, the insider directly owned 5,543 shares in the company, valued at $1,159,318.45. This represents a 81.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 276,966 shares of company stock worth $56,798,645.

Hedge Funds Weigh In On ARM

A number of hedge funds have recently bought and sold shares of ARM. Capital Research Global Investors purchased a new position in ARM during the 3rd quarter worth $243,098,000. Northwestern Mutual Wealth Management Co. boosted its holdings in ARM by 2,623.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,671,787 shares of the company’s stock worth $182,743,000 after acquiring an additional 1,610,403 shares during the last quarter. Hyperion Asset Management Ltd purchased a new position in ARM during the 3rd quarter worth $202,980,000. Employees Provident Fund Board purchased a new position in ARM during the 4th quarter worth $120,241,000. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in ARM by 1,203.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 945,152 shares of the company’s stock worth $142,983,000 after acquiring an additional 872,644 shares during the last quarter. 7.53% of the stock is owned by hedge funds and other institutional investors.

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.