ARM (NASDAQ:ARM) Now Covered by Benchmark

Benchmark initiated coverage on shares of ARM (NASDAQ:ARM) in a research note published on Thursday. The firm issued a hold rating on the stock.

ARM has been the topic of several other research reports. TD Cowen boosted their price target on shares of ARM from $265.00 to $475.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of ARM in a research note on Thursday, May 7th. Rosenblatt Securities boosted their target price on shares of ARM from $175.00 to $270.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Morgan Stanley reissued an “equal weight” rating and issued a $150.00 price target (up from $135.00) on shares of ARM in a research note on Tuesday, April 7th. Finally, Raymond James Financial restated an “outperform” rating on shares of ARM in a report on Thursday, May 7th. Seventeen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $298.96.

ARM Stock Performance

NASDAQ ARM opened at $262.01 on Thursday. The company has a market capitalization of $279.85 billion, a price-to-earnings ratio of 311.92, a price-to-earnings-growth ratio of 10.06 and a beta of 3.76. The company’s 50-day simple moving average is $323.06 and its two-hundred day simple moving average is $202.11. ARM has a one year low of $100.02 and a one year high of $452.70.

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

Insider Buying and Selling at ARM

In other ARM news, insider William Abbey sold 10,887 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $224.14, for a total transaction of $2,440,212.18. Following the transaction, the insider owned 43,353 shares of the company’s stock, valued at $9,717,141.42. This trade represents a 20.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Jason Child sold 31,920 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were 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 in the company, valued at approximately $39,470,517.28. This represents a 15.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 238,906 shares of company stock valued at $56,245,828.

Hedge Funds Weigh In On ARM

Several institutional investors have recently made changes to their positions in ARM. Northwestern Mutual Wealth Management Co. raised its stake in shares of ARM by 2,623.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,671,787 shares of the company’s stock valued at $182,743,000 after purchasing an additional 1,610,403 shares in the last quarter. Employees Provident Fund Board bought a new position in ARM in the 4th quarter valued at about $120,241,000. Arrowstreet Capital Limited Partnership increased its stake in ARM by 1,203.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 945,152 shares of the company’s stock valued at $142,983,000 after buying an additional 872,644 shares during the period. Janus Henderson Group PLC acquired a new position in ARM during the 1st quarter valued at about $116,112,000. Finally, SG Americas Securities LLC increased its stake in ARM by 265.6% during the 1st quarter. SG Americas Securities LLC now owns 971,067 shares of the company’s stock valued at $146,903,000 after buying an additional 705,459 shares during the period. 7.53% of the stock is owned by institutional investors.

More ARM News

Here are the key news stories impacting ARM this week:

• Positive Sentiment: Zacks highlighted ARM’s expanding royalty opportunities and AI chip strategy, saying they are strengthening the company’s long-term growth story and supporting its ability to benefit from AI demand. Article Title
• Positive Sentiment: One market commentary argued that ARM’s recent pullback could be a buying opportunity for long-term investors after the shares retreated from a 12-month peak. Article Title
• Neutral Sentiment: Benchmark initiated coverage with a Hold rating, suggesting the stock may need a pause after its strong year-to-date gain and leaving the near-term outlook balanced. Article Title
• Negative Sentiment: HSBC downgraded ARM to Hold, warning that the stock’s sharp rally has left it expensive relative to fundamentals and more vulnerable to disappointment. Article Title
• Negative Sentiment: Another valuation-focused report said ARM may be “priced for perfection,” with a high price-to-book multiple and elevated expectations creating downside risk if growth slows. Article Title

ARM Company 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.