Arrow Electronics, Inc. $ARW Shares Acquired by Trexquant Investment LP

Key Points

• Trexquant Investment LP significantly increased its stake in Arrow Electronics, owning 35,214 shares after a 507.6% boost in the first quarter, now valued at approximately $3.66 million.
• Arrow Electronics reported its quarterly earnings, with an EPS of $2.43, surpassing estimates and reflecting a 10% increase in revenue compared to the same quarter last year.
• Investors showed mixed sentiments, with Bank of America lowering its target price to $110.00, while Wall Street Zen upgraded it from "hold" to "buy," resulting in an average target price of $115.75.

Trexquant Investment LP boosted its position in Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 507.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,214 shares of the technology company's stock after buying an additional 29,418 shares during the period. Trexquant Investment LP owned approximately 0.07% of Arrow Electronics worth $3,656,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Operose Advisors LLC purchased a new position in Arrow Electronics in the 1st quarter valued at $31,000. Golden State Wealth Management LLC boosted its position 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 purchasing an additional 200 shares in the last quarter. Covestor Ltd boosted its position in shares of Arrow Electronics by 14.9% during the 1st quarter. Covestor Ltd now owns 1,118 shares of the technology company's stock worth $116,000 after purchasing an additional 145 shares in the last quarter. Exchange Traded Concepts LLC purchased a new stake in shares of Arrow Electronics during the 1st quarter worth $120,000. Finally, Lindbrook Capital LLC boosted its position in shares of Arrow Electronics by 300.5% during the 1st 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 in the last quarter. 99.34% of the stock is currently owned by hedge funds and other institutional investors.

Arrow Electronics Price Performance

ARW stock traded down $1.06 during trading on Monday, hitting $126.58. The stock had a trading volume of 33,350 shares, compared to its average volume of 537,385. The company's 50 day moving average price is $126.78 and its two-hundred day moving average price is $117.13. Arrow Electronics, Inc. has a 1-year low of $86.50 and a 1-year high of $137.80. The stock has a market cap of $6.52 billion, a price-to-earnings ratio of 14.30, a price-to-earnings-growth ratio of 0.60 and a beta of 1.09. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.39.

Arrow Electronics (NYSE:ARW - Get Free Report) last posted 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. 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 during the quarter, compared to the consensus estimate of $7.12 billion. During the same quarter in the prior year, the company posted $2.78 EPS. The company's quarterly 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 forecast that Arrow Electronics, Inc. will post 10.57 EPS for the current fiscal year.

Analyst Ratings Changes

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

Insider Buying and Selling

In other news, SVP Carine Lamercie Jean-Claude sold 2,660 shares of the stock in a transaction that occurred on Wednesday, June 11th. The stock was sold at an average price of $124.64, for a total transaction 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 transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Sean J. Kerins purchased 8,630 shares of the company's stock in a transaction that occurred on Friday, August 1st. The shares were purchased 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 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. 0.80% of the stock is owned by corporate insiders.

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.