Arrow Electronics, Inc. $ARW Shares Bought by Jane Street Group LLC

Key Points

• Jane Street Group LLC has increased its stake in Arrow Electronics by 102.5%, acquiring an additional 97,460 shares, bringing its total ownership to 192,500 shares valued at approximately $19.99 million.
• Insider trading activity includes SVP Carine Lamercie Jean-Claude selling 2,660 shares, while CEO Sean J. Kerins purchased 8,630 shares, indicating contrasting moves in their positions.
• Analysts have varied ratings on Arrow Electronics, with Wall Street Zen upgrading the stock to a "buy" while Bank of America set a new target price of $110, reflecting differing perspectives on the stock's performance.

Jane Street Group LLC grew its holdings in Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 102.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 192,500 shares of the technology company's stock after acquiring an additional 97,460 shares during the period. Jane Street Group LLC owned 0.37% of Arrow Electronics worth $19,987,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Beverly Hills Private Wealth LLC increased its holdings in Arrow Electronics by 4.2% in the 1st quarter. Beverly Hills Private Wealth LLC now owns 2,643 shares of the technology company's stock valued at $274,000 after acquiring an additional 106 shares during the last quarter. Net Worth Advisory Group raised its holdings in shares of Arrow Electronics by 1.8% in the 1st quarter. Net Worth Advisory Group now owns 6,724 shares of the technology company's stock valued at $698,000 after purchasing an additional 117 shares in the last quarter. Oppenheimer Asset Management Inc. raised its stake in shares of Arrow Electronics by 2.5% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 4,887 shares of the technology company's stock worth $507,000 after acquiring an additional 121 shares in the last quarter. Fulton Bank N.A. grew its position in Arrow Electronics by 6.4% during the 1st quarter. Fulton Bank N.A. now owns 2,026 shares of the technology company's stock worth $210,000 after purchasing an additional 122 shares during the last quarter. Finally, SummerHaven Investment Management LLC grew its position in Arrow Electronics by 1.9% during the 1st quarter. SummerHaven Investment Management LLC now owns 6,577 shares of the technology company's stock worth $683,000 after purchasing an additional 124 shares during the last quarter. 99.34% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Bank of America increased their price target 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 note on Saturday, July 26th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, Arrow Electronics presently has an average rating of "Reduce" and a consensus target price of $115.75.

Arrow Electronics Price Performance

Shares of NYSE ARW traded down $0.39 during trading on Monday, hitting $126.43. 450,635 shares of the company were exchanged, 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 PEG 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's fifty day moving average price is $126.92 and its 200 day moving average price is $116.73. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.39 and a quick ratio of 1.07.

Arrow Electronics (NYSE:ARW - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The technology company reported $2.43 EPS for the quarter, beating analysts' consensus estimates of $2.03 by $0.40. The firm had revenue of $7.58 billion for the quarter, compared to analysts' expectations of $7.12 billion. Arrow Electronics had a net margin of 1.64% and a return on equity of 8.37%. The firm's revenue was up 10.0% on a year-over-year basis. During the same period in the prior year, the company earned $2.78 EPS. 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 earnings per share for the current fiscal year.

Insider Activity

In related news, SVP Carine Lamercie Jean-Claude sold 2,660 shares of the stock in a transaction that occurred 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 owned 17,057 shares of the company's stock, valued at approximately $2,125,984.48. This represents a 13.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sean J. Kerins bought 8,630 shares of the company's stock in a transaction that occurred on Friday, August 1st. The shares were acquired at an average cost of $114.91 per share, with a total value of $991,673.30. Following the transaction, the chief executive officer owned 122,408 shares in the company, valued at approximately $14,065,903.28. This represents a 7.58% increase in their position. The disclosure for this purchase can be found here. Insiders own 0.80% of the company's stock.

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.