ROI Financial Advisors LLC purchased a new position in ARM Holdings PLC Sponsored ADR (NASDAQ:ARM - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 3,621 shares of the company's stock, valued at approximately $387,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in ARM. National Bank of Canada FI grew its position in ARM by 194.3% in the fourth quarter. National Bank of Canada FI now owns 27,080 shares of the company's stock worth $3,341,000 after acquiring an additional 17,877 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of ARM by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 108,531 shares of the company's stock valued at $13,388,000 after buying an additional 848 shares during the period. ExodusPoint Capital Management LP purchased a new position in shares of ARM during the fourth quarter valued at approximately $2,561,000. Wells Fargo & Company MN boosted its position in shares of ARM by 0.3% during the fourth quarter. Wells Fargo & Company MN now owns 335,721 shares of the company's stock valued at $41,414,000 after buying an additional 1,160 shares during the period. Finally, KCM Investment Advisors LLC boosted its position in shares of ARM by 40.0% during the fourth quarter. KCM Investment Advisors LLC now owns 3,060 shares of the company's stock valued at $377,000 after buying an additional 875 shares during the period. Hedge funds and other institutional investors own 7.53% of the company's stock.
Wall Street Analyst Weigh In
ARM has been the subject of several recent analyst reports. BNP Paribas Exane upgraded ARM from a "neutral" rating to an "outperform" rating and set a $210.00 target price for the company in a research report on Wednesday, July 16th. Rosenblatt Securities restated a "buy" rating and set a $180.00 target price on shares of ARM in a research report on Thursday. Morgan Stanley boosted their target price on ARM from $150.00 to $194.00 and gave the company an "overweight" rating in a research report on Monday, July 28th. Mizuho boosted their target price on ARM from $160.00 to $180.00 and gave the company an "outperform" rating in a research report on Thursday, July 3rd. Finally, KGI Securities assumed coverage on ARM in a report on Tuesday, April 15th. They issued a "neutral" rating for the company. One analyst has rated the stock with a sell rating, six have given a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $167.86.
Check Out Our Latest Analysis on ARM
ARM Stock Down 2.7%
Shares of NASDAQ:ARM opened at $137.58 on Monday. The company has a market capitalization of $145.35 billion, a price-to-earnings ratio of 208.45, a price-to-earnings-growth ratio of 8.13 and a beta of 4.17. ARM Holdings PLC Sponsored ADR has a 52 week low of $80.00 and a 52 week high of $182.88. The firm has a 50 day moving average of $147.01 and a 200 day moving average of $134.31.
ARM (NASDAQ:ARM - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.35 EPS for the quarter, topping analysts' consensus estimates of $0.34 by $0.01. The company had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.06 billion. ARM had a net margin of 16.96% and a return on equity of 15.56%. ARM's revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.40 earnings per share. On average, sell-side analysts expect that ARM Holdings PLC Sponsored ADR will post 0.9 EPS for the current year.
ARM Company Profile
(
Free Report)
Arm Holdings Plc engages in the licensing, marketing, research, and development of microprocessors, systems IP, graphics processing units, physical IP and associated systems IP, software, and tools. It operates through the following geographical segments: United Kingdom, United States, and Other Countries.
See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider ARM, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ARM wasn't on the list.
While ARM currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.