HighTower Advisors LLC Sells 7,773 Shares of ARM Holdings PLC Sponsored ADR $ARM

HighTower Advisors LLC reduced its stake in shares of ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 25.5% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 22,755 shares of the company’s stock after selling 7,773 shares during the period. HighTower Advisors LLC’s holdings in ARM were worth $2,487,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ARM. Capital Research Global Investors bought a new stake in ARM during the 3rd quarter worth approximately $243,098,000. Northwestern Mutual Wealth Management Co. increased 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 purchasing an additional 1,610,403 shares in the last quarter. Hyperion Asset Management Ltd bought a new stake in ARM during the 3rd quarter worth approximately $202,980,000. Rathbones Group PLC increased its holdings in ARM by 4,638.8% during the 4th quarter. Rathbones Group PLC now owns 500,043 shares of the company’s stock worth $54,660,000 after purchasing an additional 489,491 shares in the last quarter. Finally, Invesco Ltd. increased its holdings in ARM by 28.2% during the 3rd quarter. Invesco Ltd. now owns 1,772,123 shares of the company’s stock worth $250,738,000 after purchasing an additional 390,217 shares in the last quarter. 7.53% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, insider Spencer Collins sold 51,961 shares of the company’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 transaction, the insider owned 51,125 shares in the company, valued at approximately $10,824,696.25. This represents a 50.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Rene A. Haas sold 23,867 shares of the company’s stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $161.17, for a total value of $3,846,644.39. Following the completion of the transaction, the chief executive officer owned 290,965 shares in the company, valued at approximately $46,894,829.05. The trade was a 7.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 279,266 shares of company stock valued at $57,502,031 in the last quarter.

Key ARM News

Here are the key news stories impacting ARM this week:

• Positive Sentiment: Fresh analyst upgrades and continued enthusiasm around AI infrastructure demand have boosted sentiment, with ARM recently hitting new highs and drawing momentum buyers. Can Arm stock climb higher after fresh AI-driven analyst upgrades?
• Positive Sentiment: ARM remains a key beneficiary of AI chip demand, and comparison pieces highlight its strong positioning versus peers in semiconductor design. ARM vs. SNPS: Which AI Chip Design Stock Should Investors Buy?
• Neutral Sentiment: A recent short-interest update showed no meaningful change in positioning, so it does not appear to be a major near-term driver for the stock.
• Negative Sentiment: At least one recent valuation note argues ARM’s upside may be limited after a sharp rally, with a price target suggesting only modest near-term appreciation from recent levels. Stock Price Prediction: Arm Holdings Has Limited Upside Despite 177% Rally

Wall Street Analysts Forecast Growth

A number of brokerages have commented on ARM. Barclays boosted their price objective on ARM from $200.00 to $250.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Wells Fargo & Company boosted their price objective on ARM from $220.00 to $255.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Susquehanna boosted their target price on ARM from $170.00 to $210.00 and gave the stock a “positive” rating in a research note on Thursday, April 16th. Rosenblatt Securities boosted their target price on ARM from $175.00 to $270.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Finally, Mizuho boosted their target price on ARM from $230.00 to $255.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Twenty research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, ARM has a consensus rating of “Moderate Buy” and a consensus price target of $208.79.

ARM Price Performance

Shares of NASDAQ ARM opened at $353.29 on Monday. ARM Holdings PLC Sponsored ADR has a twelve month low of $100.02 and a twelve month high of $356.45. The stock’s 50 day moving average price is $199.27 and its 200-day moving average price is $149.37. The company has a market capitalization of $373.25 billion, a PE ratio of 420.58, a PEG ratio of 12.83 and a beta of 3.77.

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

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.