Arrow Electronics (NYSE:ARW) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Arrow Electronics, Inc. (NYSE:ARW)’s share price passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $218.56 and traded as high as $220.84. Arrow Electronics shares last traded at $220.1350, with a volume of 441,525 shares trading hands.

Analysts Set New Price Targets

A number of research firms recently weighed in on ARW. Weiss Ratings raised shares of Arrow Electronics from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Zacks Research upgraded shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 1st. Wells Fargo & Company boosted their target price on Arrow Electronics from $175.00 to $200.00 and gave the company an “underweight” rating in a research report on Friday, August 7th. Wall Street Zen lowered Arrow Electronics from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 19th. Finally, Truist Financial lowered their price target on Arrow Electronics from $260.00 to $250.00 and set a “buy” rating for the company in a research report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $233.25.

Arrow Electronics Stock Up 2.7%

The company’s 50 day moving average price is $218.56 and its 200 day moving average price is $188.83.

Arrow Electronics (NYSE:ARW) last announced its quarterly earnings data on Thursday, August 6th. The technology company reported $5.45 earnings per share for the quarter, beating analysts’ consensus estimates of $4.45 by $1.00. The business had revenue of $9.99 billion during the quarter, compared to analyst estimates of $9.67 billion. During the same quarter last year, the firm posted $2.43 EPS. The company’s revenue for the quarter was up 31.8% on a year-over-year basis. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. As a group, sell-side analysts expect that Arrow Electronics, Inc. will post 21.24 EPS for the current year.

Insider Buying and Selling at Arrow Electronics

In other news, SVP Carine Jean-Claude sold 1,000 shares of the stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $209.85, for a total value of $209,850.00. Following the sale, the senior vice president directly owned 11,626 shares in the company, valued at approximately $2,439,716.10. This trade represents a 7.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.80% of the company’s stock.

Institutional Investors Weigh In On Arrow Electronics

Large investors have recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in shares of Arrow Electronics in the 2nd quarter valued at about $1,070,534,000. ACR Alpine Capital Research LLC lifted its stake in Arrow Electronics by 3.9% in the first quarter. ACR Alpine Capital Research LLC now owns 3,578,313 shares of the technology company’s stock worth $513,166,000 after acquiring an additional 132,720 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Arrow Electronics by 0.4% in the first quarter. Dimensional Fund Advisors LP now owns 3,007,509 shares of the technology company’s stock worth $431,280,000 after acquiring an additional 11,894 shares during the last quarter. State Street Corp lifted its stake in Arrow Electronics by 0.5% in the second quarter. State Street Corp now owns 1,694,603 shares of the technology company’s stock worth $361,645,000 after acquiring an additional 8,238 shares during the last quarter. Finally, Bank of America Corp DE acquired a new position in Arrow Electronics during the 2nd quarter worth approximately $270,981,000. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Arrow Electronics Company Profile

Arrow Electronics, Inc is a global distributor of electronic components and enterprise computing solutions. The company connects manufacturers of technology products with customers, including original equipment manufacturers, contract manufacturers, commercial enterprises and government organizations.

Arrow’s components business distributes products such as semiconductors, embedded systems, passive and electromechanical components, and related engineering services. Its enterprise computing solutions business provides technology products and services involving data center, cloud, security, networking and software solutions.