Analog Century Management LP Sells 73,587 Shares of Arrow Electronics, Inc. $ARW

Key Points

• Analog Century Management LP reduced its stake in Arrow Electronics by 17.9%, holding 338,023 shares worth approximately $35.1 million after selling 73,587 shares in the first quarter.
• Bank of America raised its target price for Arrow Electronics from $105 to $110, but maintains an "underperform" rating, while Wall Street Zen upgraded the stock from "hold" to "buy."
• Arrow Electronics beat earnings expectations with $2.43 EPS on revenue of $7.58 billion in the latest quarter, marking a 10% increase in revenue year-over-year.

Analog Century Management LP lessened its stake in Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 17.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 338,023 shares of the technology company's stock after selling 73,587 shares during the quarter. Arrow Electronics makes up approximately 2.8% of Analog Century Management LP's portfolio, making the stock its 19th biggest holding. Analog Century Management LP owned 0.65% of Arrow Electronics worth $35,097,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of ARW. Mariner LLC raised its stake in shares of Arrow Electronics by 15.4% in the fourth quarter. Mariner LLC now owns 5,342 shares of the technology company's stock valued at $604,000 after buying an additional 711 shares during the period. Hsbc Holdings PLC bought a new stake in Arrow Electronics in the 4th quarter valued at about $273,000. Price T Rowe Associates Inc. MD raised its stake in Arrow Electronics by 7.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 34,518 shares of the technology company's stock valued at $3,905,000 after acquiring an additional 2,355 shares during the period. Northern Trust Corp lifted its holdings in Arrow Electronics by 15.6% during the fourth quarter. Northern Trust Corp now owns 632,255 shares of the technology company's stock valued at $71,521,000 after purchasing an additional 85,207 shares during the last quarter. Finally, Comerica Bank boosted its position in Arrow Electronics by 13.6% during the fourth quarter. Comerica Bank now owns 22,005 shares of the technology company's stock worth $2,489,000 after purchasing an additional 2,637 shares during the period. Hedge funds and other institutional investors own 99.34% of the company's stock.

Insider Buying and Selling

In related news, CEO Sean J. Kerins bought 8,630 shares of the business's stock in a transaction that occurred on Friday, August 1st. The stock was bought at an average cost of $114.91 per share, for a total transaction of $991,673.30. Following the completion of the transaction, the chief executive officer owned 122,408 shares of the company's stock, valued at approximately $14,065,903.28. The trade was a 7.58% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Carine Lamercie Jean-Claude sold 2,660 shares of the stock in a transaction on Wednesday, June 11th. The shares were sold at an average price of $124.64, for a total value of $331,542.40. Following the completion of the transaction, the senior vice president directly owned 17,057 shares in the company, valued at approximately $2,125,984.48. This represents a 13.49% decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.00% of the company's stock.

Arrow Electronics Price Performance

Shares of ARW traded down $0.39 during mid-day trading on Monday, reaching $126.43. 450,635 shares of the stock traded hands, compared to its average volume of 471,971. The company has a market cap of $6.51 billion, a price-to-earnings ratio of 14.30, a price-to-earnings-growth ratio of 0.60 and a beta of 1.09. Arrow Electronics, Inc. has a 1 year low of $86.50 and a 1 year high of $137.80. The firm has a fifty day moving average price of $126.92 and a 200 day moving average price of $116.61. The company has a current ratio of 1.39, a quick ratio of 1.07 and a debt-to-equity ratio of 0.37.

Arrow Electronics (NYSE:ARW - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The technology company reported $2.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.03 by $0.40. The company had revenue of $7.58 billion during the quarter, compared to analyst estimates of $7.12 billion. Arrow Electronics had a return on equity of 8.37% and a net margin of 1.64%.The firm's quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter last year, the company earned $2.78 earnings per share. Arrow Electronics has set its Q3 2025 guidance at 2.160-2.360 EPS. As a group, equities research analysts predict that Arrow Electronics, Inc. will post 10.57 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on ARW shares. Bank of America boosted their price target on shares of Arrow Electronics from $105.00 to $110.00 and gave the company an "underperform" rating in a research report on Monday, June 9th. Wall Street Zen upgraded shares of Arrow Electronics from a "hold" rating to a "buy" rating in a research note on Saturday, July 26th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, Arrow Electronics presently has a consensus rating of "Reduce" and a consensus target price of $115.75.

About Arrow Electronics

Arrow Electronics, Inc provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions.