22,863 Shares in Arrow Electronics, Inc. $ARW Bought by Insight Wealth Strategies LLC

Key Points

• Insight Wealth Strategies acquired 22,863 shares of Arrow Electronics worth approximately $4.8 million, while institutional investors and hedge funds collectively own 99.34% of the company.
• Arrow Electronics reported strong quarterly results, with EPS of $5.45 versus the $4.45 consensus estimate and revenue of $9.99 billion, up 31.8% year over year.
• Analyst sentiment remains mixed: the stock has a consensus “Hold” rating and a $233.25 price target, while Arrow authorized a $1 billion share-repurchase program covering up to 9.7% of shares outstanding.

Insight Wealth Strategies LLC acquired a new stake in Arrow Electronics, Inc. (NYSE:ARW - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm acquired 22,863 shares of the technology company's stock, valued at approximately $4,792,000.

Other institutional investors also recently bought and sold shares of the company. ACR Alpine Capital Research LLC raised its position in Arrow Electronics by 42.6% during the 4th quarter. ACR Alpine Capital Research LLC now owns 3,445,593 shares of the technology company's stock worth $379,635,000 after buying an additional 1,028,778 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Arrow Electronics by 37.7% in the third quarter. AQR Capital Management LLC now owns 3,185,582 shares of the technology company's stock valued at $384,818,000 after acquiring an additional 871,585 shares in the last quarter. Brandes Investment Partners LP increased its stake in shares of Arrow Electronics by 1,412.3% during the fourth quarter. Brandes Investment Partners LP now owns 409,461 shares of the technology company's stock worth $45,115,000 after acquiring an additional 382,385 shares during the period. FIL Ltd increased its stake in shares of Arrow Electronics by 33.8% during the fourth quarter. FIL Ltd now owns 1,231,833 shares of the technology company's stock worth $135,723,000 after acquiring an additional 310,936 shares during the period. Finally, Alyeska Investment Group L.P. purchased a new position in Arrow Electronics during the fourth quarter worth about $29,255,000. 99.34% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently commented on ARW. Weiss Ratings restated a "buy (b-)" rating on shares of Arrow Electronics in a research report on Tuesday, May 26th. Truist Financial cut their target price on Arrow Electronics from $260.00 to $250.00 and set a "buy" rating for the company in a research note on Friday, August 7th. Wall Street Zen raised Arrow Electronics from a "buy" rating to a "strong-buy" rating in a report on Saturday, July 25th. Wells Fargo & Company lifted their price target on Arrow Electronics from $175.00 to $200.00 and gave the company an "underweight" rating in a research note on Friday, August 7th. Finally, Raymond James Financial reaffirmed an "outperform" rating and set a $250.00 price objective on shares of Arrow Electronics in a report on Friday. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $233.25.

Arrow Electronics Stock Up 1.9%

Shares of NYSE ARW opened at $206.41 on Wednesday. The stock has a market capitalization of $10.55 billion, a price-to-earnings ratio of 13.19, a price-to-earnings-growth ratio of 0.31 and a beta of 1.20. Arrow Electronics, Inc. has a 52 week low of $101.79 and a 52 week high of $237.33. The firm has a 50-day moving average price of $215.03 and a 200 day moving average price of $182.33. The company has a quick ratio of 1.01, a current ratio of 1.22 and a debt-to-equity ratio of 0.29.

Arrow Electronics (NYSE:ARW - Get Free Report) last issued its earnings results on Thursday, August 6th. The technology company reported $5.45 earnings per share for the quarter, topping the consensus estimate of $4.45 by $1.00. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. The company had revenue of $9.99 billion for the quarter, compared to analyst estimates of $9.67 billion. During the same period in the prior year, the business posted $2.43 earnings per share. The firm's revenue for the quarter was up 31.8% compared to the same quarter last year. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. Equities research analysts anticipate that Arrow Electronics, Inc. will post 20.44 EPS for the current fiscal year.

Arrow Electronics declared that its board has initiated a stock repurchase program on Wednesday, May 13th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the technology company to reacquire up to 9.7% of its shares through open market purchases. Shares buyback programs are often a sign that the company's leadership believes its stock is undervalued.

Insider Activity at Arrow Electronics

In related news, insider Eric Nowak sold 3,473 shares of the company's stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $210.99, for a total value of $732,768.27. Following the sale, the insider owned 48,835 shares in the company, valued at $10,303,696.65. This represents a 6.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the firm's stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $216.00, for a total value of $648,000.00. Following the completion of the transaction, the senior vice president directly owned 12,626 shares of the company's stock, valued at $2,727,216. The trade was a 19.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is owned by insiders.

Arrow Electronics Profile

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.

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