Hilton Head Capital Partners LLC Acquires Shares of 6,945 ARM Holdings PLC Sponsored ADR $ARM
by Sarita Garza · The Markets DailyHilton Head Capital Partners LLC acquired a new stake in ARM Holdings PLC Sponsored ADR (NASDAQ:ARM – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 6,945 shares of the company’s stock, valued at approximately $759,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of ARM. Navalign LLC bought a new stake in ARM in the fourth quarter valued at approximately $33,000. FWL Investment Management LLC bought a new stake in ARM in the second quarter valued at approximately $34,000. Strategic Investment Solutions Inc. IL lifted its position in ARM by 238.1% in the third quarter. Strategic Investment Solutions Inc. IL now owns 284 shares of the company’s stock valued at $40,000 after purchasing an additional 200 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new stake in ARM in the fourth quarter valued at approximately $43,000. Finally, WFA of San Diego LLC bought a new position in shares of ARM during the second quarter valued at approximately $49,000. Institutional investors own 7.53% of the company’s stock.
Insider Buying and Selling
In other news, CFO Jason Child sold 31,920 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $226.54, for a total value of $7,231,156.80. Following the sale, the chief financial officer directly owned 174,232 shares of the company’s stock, valued at approximately $39,470,517.28. This represents a 15.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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 directly owned 12,135 shares in the company, valued at approximately $4,765,414.50. This represents a 48.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 301,338 shares of company stock valued at $66,030,158.
Analyst Ratings Changes
A number of equities analysts recently commented on ARM shares. TD Cowen upped their target price on ARM from $165.00 to $265.00 and gave the company a “buy” rating in a report on Thursday, May 7th. The Goldman Sachs Group upped their target price on ARM from $125.00 to $150.00 and gave the company a “sell” rating in a report on Thursday, May 7th. Royal Bank Of Canada upped their target price on ARM from $175.00 to $260.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. HSBC upgraded ARM from a “reduce” rating to a “buy” rating and upped their target price for the company from $90.00 to $205.00 in a report on Friday, March 20th. Finally, Sanford C. Bernstein started coverage on ARM in a report on Monday, May 18th. They set an “outperform” rating and a $300.00 target price for the company. Twenty 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. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $226.92.
View Our Latest Research Report on ARM
ARM News Roundup
Here are the key news stories impacting ARM this week:
- Positive Sentiment: Arm is gaining credibility as a key AI infrastructure player after management said customers including ByteDance and Oracle are using Arm-based CPUs in data centers, supporting the case for stronger licensing and royalty growth. Arm names ByteDance and Oracle as users of its AI data centre CPUs
- Positive Sentiment: Arm is also benefiting from NVIDIA’s latest AI PC and data-center push, which reinforces demand for Arm’s architecture and could boost future adoption across the semiconductor ecosystem. Arm Stock Jumps As Chip Designer Joins Nvidia PC Effort
- Neutral Sentiment: Recent insider sales by executives, including William Abbey and CAO Laura Kathleen Bartels, may attract attention, but they do not appear large enough on their own to change the company’s fundamentals. SEC insider filing SEC insider filing
- Neutral Sentiment: Broader market commentary notes that the AI trade may be cooling after a strong run, which could keep pressure on high-valuation chip names like Arm even if the growth story remains strong. Markets Rally, But Tech Stocks Get Left Behind as the AI Trade Falters
- Negative Sentiment: Arm’s valuation is being called stretched after a massive rally, and chip-sector weakness following Broadcom’s disappointing results is adding to the risk of a pullback. 2 Chip Stocks Extending Slide After Broadcom Earnings Bust
ARM Price Performance
Shares of ARM stock opened at $342.93 on Monday. The stock has a market cap of $366.28 billion, a price-to-earnings ratio of 408.25, a PEG ratio of 12.45 and a beta of 3.77. The business’s fifty day moving average is $224.64 and its 200 day moving average is $158.11. ARM Holdings PLC Sponsored ADR has a twelve month low of $100.02 and a twelve month high of $427.99.
ARM (NASDAQ:ARM – Get Free Report) last issued its quarterly 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 company had revenue of $1.49 billion for the quarter. Equities research analysts expect that ARM Holdings PLC Sponsored ADR will post 1.12 earnings per share 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.
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