Swiss National Bank Sells 2,100 Shares of Arrow Electronics, Inc. $ARW

Key Points

• Swiss National Bank reduced its stake in Arrow Electronics by 2.0% during the first quarter, owning 101,900 shares valued at $10.58 million.
• CEO Sean J. Kerins purchased 8,630 shares of the company for approximately $991,673, increasing his ownership by 7.58%.
• The recent earnings report revealed $2.43 EPS for the quarter, exceeding expectations and representing a 10.0% year-over-year revenue increase.

Swiss National Bank cut its holdings in Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 2.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 101,900 shares of the technology company's stock after selling 2,100 shares during the period. Swiss National Bank owned approximately 0.20% of Arrow Electronics worth $10,580,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of ARW. Golden State Wealth Management LLC boosted its stake in shares of Arrow Electronics by 111.7% during the 1st quarter. Golden State Wealth Management LLC now owns 379 shares of the technology company's stock worth $39,000 after acquiring an additional 200 shares in the last quarter. Exchange Traded Concepts LLC acquired a new stake in Arrow Electronics in the 1st quarter worth approximately $120,000. Lindbrook Capital LLC boosted its position in Arrow Electronics by 300.5% during the first quarter. Lindbrook Capital LLC now owns 1,550 shares of the technology company's stock worth $161,000 after purchasing an additional 1,163 shares during the period. Simon Quick Advisors LLC acquired a new position in Arrow Electronics during the first quarter valued at approximately $203,000. Finally, Fulton Bank N.A. raised its position in shares of Arrow Electronics by 6.4% in the first quarter. Fulton Bank N.A. now owns 2,026 shares of the technology company's stock valued at $210,000 after purchasing an additional 122 shares during the period. 99.34% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on ARW. Bank of America upped their price objective on shares of Arrow Electronics from $105.00 to $110.00 and gave the stock an "underperform" rating in a report on Monday, June 9th. Wall Street Zen raised shares of Arrow Electronics from a "hold" rating to a "buy" rating in a research report on Saturday, July 26th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Reduce" and an average target price of $115.75.

Insider Activity at Arrow Electronics

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

Arrow Electronics Stock Performance

Arrow Electronics stock traded down $0.7480 during mid-day trading on Thursday, reaching $124.1820. The company had a trading volume of 268,852 shares, compared to its average volume of 542,171. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.37. Arrow Electronics, Inc. has a 52 week low of $86.50 and a 52 week high of $137.80. The company has a 50 day moving average of $126.40 and a 200-day moving average of $115.75. The firm has a market cap of $6.40 billion, a price-to-earnings ratio of 14.05, a PEG ratio of 0.59 and a beta of 1.10.

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, topping the consensus estimate of $2.03 by $0.40. Arrow Electronics had a net margin of 1.64% and a return on equity of 8.37%. The company had revenue of $7.58 billion for the quarter, compared to the consensus estimate of $7.12 billion. During the same quarter in the previous year, the firm posted $2.78 EPS. The business's revenue was up 10.0% compared to the same quarter last year. Arrow Electronics has set its Q3 2025 guidance at 2.160-2.360 EPS. On average, sell-side analysts expect that Arrow Electronics, Inc. will post 10.57 EPS for the current fiscal year.

Arrow Electronics Company Profile

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.