William Austen Buys 3,960 Shares of Arrow Electronics (NYSE:ARW) Stock

Arrow Electronics, Inc. (NYSE:ARW) CEO William Austen acquired 3,960 shares of the stock in a transaction dated Thursday, February 19th. The stock was acquired at an average cost of $151.87 per share, with a total value of $601,405.20. Following the purchase, the chief executive officer owned 44,722 shares of the company’s stock, valued at approximately $6,791,930.14. This trade represents a 9.71% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Arrow Electronics Price Performance

Arrow Electronics stock opened at $157.05 on Friday. The company has a quick ratio of 1.09, a current ratio of 1.36 and a debt-to-equity ratio of 0.46. Arrow Electronics, Inc. has a 52-week low of $86.50 and a 52-week high of $160.63. The firm has a market cap of $8.02 billion, a PE ratio of 14.36, a price-to-earnings-growth ratio of 0.79 and a beta of 1.04. The company’s 50 day moving average is $126.36 and its two-hundred day moving average is $121.09.

Arrow Electronics (NYSE:ARW) last posted its quarterly earnings results on Thursday, February 5th. The technology company reported $4.39 EPS for the quarter, topping the consensus estimate of $3.55 by $0.84. The business had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.16 billion. Arrow Electronics had a net margin of 1.85% and a return on equity of 9.01%. The company’s quarterly revenue was up 20.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.97 earnings per share. Arrow Electronics has set its Q1 2026 guidance at 2.130-2.330 EPS. On average, research analysts expect that Arrow Electronics, Inc. will post 10.57 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Truist Financial boosted their price objective on Arrow Electronics from $120.00 to $148.00 and gave the stock a “hold” rating in a research report on Friday, February 6th. Zacks Research upgraded shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 9th. Wall Street Zen raised shares of Arrow Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Finally, Wells Fargo & Company lifted their price objective on shares of Arrow Electronics from $94.00 to $115.00 and gave the stock an “underweight” rating in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Arrow Electronics presently has a consensus rating of “Hold” and an average target price of $124.33.

Institutional Trading of Arrow Electronics

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Arrow Electronics by 45.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,748 shares of the technology company’s stock valued at $2,154,000 after buying an additional 6,523 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Arrow Electronics by 8.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 199,971 shares of the technology company’s stock worth $20,763,000 after acquiring an additional 14,886 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in Arrow Electronics by 68.1% in the first quarter. Geneos Wealth Management Inc. now owns 353 shares of the technology company’s stock valued at $37,000 after acquiring an additional 143 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in Arrow Electronics in the second quarter valued at $492,000. Finally, Chicago Partners Investment Group LLC purchased a new position in shares of Arrow Electronics during the second quarter worth about $261,000. Institutional investors and hedge funds own 99.34% of the company’s stock.

About Arrow Electronics

Arrow Electronics (NYSE: ARW) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The company offers a broad portfolio of semiconductors, passives, connectors, electromechanical devices and embedded solutions, serving customers across diverse end markets including automotive, communications, computing, aerospace, defense and healthcare. Through its extensive supplier relationships, Arrow enables design engineers to identify and procure components required for the development of new electronic systems and devices.

In addition to component distribution, Arrow delivers value-added services such as design engineering support, supply chain management, global logistics and technical training.