Dock Street Asset Management Inc. Lowers Stock Holdings in ARM Holdings PLC Sponsored ADR $ARM

Dock Street Asset Management Inc. reduced its stake in ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 3.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 216,563 shares of the company’s stock after selling 8,889 shares during the quarter. ARM comprises approximately 2.7% of Dock Street Asset Management Inc.’s holdings, making the stock its 12th largest position. Dock Street Asset Management Inc.’s holdings in ARM were worth $30,641,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Sustainable Growth Advisers LP boosted its holdings in ARM by 116.8% in the second quarter. Sustainable Growth Advisers LP now owns 3,457,220 shares of the company’s stock worth $559,171,000 after acquiring an additional 1,862,626 shares in the last quarter. Schroder Investment Management Group increased its holdings in shares of ARM by 41.7% during the second quarter. Schroder Investment Management Group now owns 4,745,957 shares of the company’s stock valued at $767,611,000 after acquiring an additional 1,396,684 shares in the last quarter. Invesco Ltd. raised its position in shares of ARM by 139.9% in the 2nd quarter. Invesco Ltd. now owns 1,381,906 shares of the company’s stock worth $223,509,000 after purchasing an additional 805,886 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in ARM by 3,853.4% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 520,465 shares of the company’s stock worth $84,180,000 after purchasing an additional 507,300 shares in the last quarter. Finally, 1832 Asset Management L.P. purchased a new stake in ARM during the 2nd quarter valued at about $65,294,000. Institutional investors own 7.53% of the company’s stock.

Analyst Upgrades and Downgrades

ARM has been the subject of several recent analyst reports. Loop Capital lifted their target price on shares of ARM from $155.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, November 12th. TD Cowen raised their price target on shares of ARM from $175.00 to $190.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Wells Fargo & Company upped their price objective on ARM from $190.00 to $195.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. Barclays increased their target price on ARM from $115.00 to $165.00 and gave the company an “overweight” rating in a research note on Thursday, November 6th. Finally, Evercore ISI boosted their price target on ARM from $173.00 to $178.00 and gave the stock an “outperform” rating in a research note on Thursday, September 11th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $177.90.

ARM Trading Down 2.2%

NASDAQ:ARM opened at $113.08 on Friday. The company has a market cap of $119.47 billion, a PE ratio of 144.97, a price-to-earnings-growth ratio of 6.93 and a beta of 4.34. The company has a 50 day simple moving average of $131.83 and a two-hundred day simple moving average of $144.42. ARM Holdings PLC Sponsored ADR has a 12 month low of $80.00 and a 12 month high of $183.16.

ARM (NASDAQ:ARM) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.06. ARM had a return on equity of 15.03% and a net margin of 18.81%.The firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same period last year, the business posted $0.30 EPS. The company’s revenue for the quarter was up 34.5% on a year-over-year basis. ARM has set its Q3 2026 guidance at 0.370-0.450 EPS. Research analysts forecast that ARM Holdings PLC Sponsored ADR will post 0.9 earnings per share for the current year.

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.