9,486 Arrow Electronics, Inc. $ARW Shares Sold by Calamos Advisors LLC

Key Points

• Calamos Advisors cut its Arrow Electronics stake by 34.8% in the third quarter, selling 9,486 shares and retaining 17,770 shares worth about $4.0 million.
• Arrow reported Q3 EPS of $6.22, beating the $5.06 consensus, while revenue rose 39% year over year to $10.72 billion. Its Q4 EPS guidance of $7.00–$7.20 also exceeded analysts’ expectations.
• Institutional investors and hedge funds own 99.34% of Arrow’s shares. Analysts’ consensus rating is Hold, with an average price target of $228.25.

Calamos Advisors LLC cut its stake in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 34.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 17,770 shares of the technology company's stock after selling 9,486 shares during the period. Calamos Advisors LLC's holdings in Arrow Electronics were worth $4,034,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. State Street Corp raised its stake in shares of Arrow Electronics by 0.5% during the second quarter. State Street Corp now owns 1,694,603 shares of the technology company's stock worth $361,645,000 after purchasing an additional 8,238 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Arrow Electronics by 307.9% during the second quarter. Assenagon Asset Management S.A. now owns 220,920 shares of the technology company's stock worth $47,147,000 after purchasing an additional 166,762 shares during the period. Empowered Funds LLC lifted its holdings in shares of Arrow Electronics by 306.8% during the first quarter. Empowered Funds LLC now owns 36,928 shares of the technology company's stock worth $5,296,000 after purchasing an additional 27,851 shares during the period. SummerHaven Investment Management LLC purchased a new position in Arrow Electronics in the 3rd quarter valued at $1,465,000. Finally, Quantinno Capital Management LP grew its position in Arrow Electronics by 287.7% in the 1st quarter. Quantinno Capital Management LP now owns 309,430 shares of the technology company's stock valued at $44,375,000 after buying an additional 229,612 shares during the last quarter. 99.34% of the stock is owned by institutional investors and hedge funds.

Key Arrow Electronics News

Here are the key news stories impacting Arrow Electronics this week:

• Positive Sentiment: Arrow reported record Q3 earnings of $6.22 per share, above the $5.06 consensus, on revenue of $10.72 billion versus $10.07 billion expected. Revenue rose 39% year over year. Arrow Electronics Reports Record Quarterly Revenue and EPS
• Positive Sentiment: Q4 guidance was well ahead of analyst expectations: EPS of $7.00–$7.20 versus $5.80 consensus and revenue of $11.6–$12.2 billion versus $10.5 billion. The company cited strong demand, higher volumes, growing backlogs and AI-related growth. Q3 Earnings Call Highlights
• Neutral Sentiment: Truist lowered its price target from $250 to $230 but maintained a Buy rating, indicating continued optimism while moderating its valuation view.
• Neutral Sentiment: A tranche update was reported for Arrow’s previously announced share-buyback plan, though the available details do not specify its size or likely near-term impact. Buyback Plan Tranche Update

Arrow Electronics Stock Performance

Shares of ARW stock opened at $181.11 on Monday. The company has a current ratio of 1.20, a quick ratio of 0.99 and a debt-to-equity ratio of 0.36. The stock has a 50 day simple moving average of $217.90 and a 200-day simple moving average of $192.32. The company has a market cap of $9.22 billion, a price-to-earnings ratio of 9.18, a price-to-earnings-growth ratio of 0.27 and a beta of 1.20. Arrow Electronics, Inc. has a 12-month low of $101.79 and a 12-month high of $249.43.

Arrow Electronics (NYSE:ARW - Get Free Report) last posted its quarterly earnings results on Thursday, November 5th. The technology company reported $6.22 earnings per share for the quarter, beating analysts' consensus estimates of $5.06 by $1.16. Arrow Electronics had a return on equity of 15.84% and a net margin of 2.62%. The firm had revenue of $10.72 billion for the quarter, compared to the consensus estimate of $10.07 billion. During the same period in the previous year, the business earned $2.41 earnings per share. The company's revenue for the quarter was up 39.0% compared to the same quarter last year. Arrow Electronics has set its Q4 2026 guidance at 7.000-7.200 EPS. On average, equities analysts forecast that Arrow Electronics, Inc. will post 21.24 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on ARW. Weiss Ratings raised shares of Arrow Electronics from a "buy (b-)" rating to a "buy (b)" rating in a research note on Thursday, October 8th. Wells Fargo & Company raised their target price on shares of Arrow Electronics from $175.00 to $200.00 and gave the stock an "underweight" rating in a research note on Friday, August 7th. Truist Financial lowered their target price on shares of Arrow Electronics from $250.00 to $230.00 and set a "buy" rating on the stock in a report on Friday. Wall Street Zen upgraded shares of Arrow Electronics from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Finally, Zacks Research lowered shares of Arrow Electronics from a "strong-buy" rating to a "hold" rating in a research note on Monday, October 26th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $228.25.

Insider Buying and Selling

In other Arrow Electronics news, SVP Carine Jean-Claude sold 1,000 shares of the firm's stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $209.85, for a total value of $209,850.00. Following the completion of the sale, the senior vice president owned 11,626 shares of the company's stock, valued at approximately $2,439,716.10. This trade represents a 7.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.80% of the company's stock.

Arrow Electronics Profile

Arrow Electronics, Inc is a global distributor of electronic components and enterprise computing products and services. The company connects manufacturers with components and technology solutions, supporting customers from product design and development through production and supply chain management.

Through its global components business, Arrow supplies semiconductors and other electronic components, along with engineering and supply chain services. Its enterprise computing solutions business distributes technology such as data center, cloud, security and networking products, and provides related services to resellers and other customers.

Founded in 1935 as a radio parts retailer in New York City, Arrow has grown into an international company serving customers across the Americas, Europe, the Middle East and Africa, and the Asia-Pacific region.

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