NZS Capital LLC Acquires 110,765 Shares of ARM Holdings PLC Sponsored ADR $ARM

NZS Capital LLC increased its stake in shares of ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 32.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 447,955 shares of the company’s stock after purchasing an additional 110,765 shares during the quarter. ARM makes up 1.9% of NZS Capital LLC’s holdings, making the stock its 18th biggest position. NZS Capital LLC’s holdings in ARM were worth $63,381,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Pacific Heights Asset Management LLC boosted its stake in ARM by 32.1% during the third quarter. Pacific Heights Asset Management LLC now owns 185,000 shares of the company’s stock worth $26,176,000 after buying an additional 45,000 shares during the last quarter. Orion Porfolio Solutions LLC purchased a new stake in shares of ARM in the 2nd quarter valued at approximately $6,277,000. Voya Investment Management LLC increased its holdings in shares of ARM by 15.5% during the 3rd quarter. Voya Investment Management LLC now owns 202,443 shares of the company’s stock worth $28,644,000 after buying an additional 27,228 shares during the last quarter. Stanley Laman Group Ltd. acquired a new stake in ARM during the third quarter worth $6,219,000. Finally, Zevenbergen Capital Investments LLC grew its holdings in shares of ARM by 4.7% during the 3rd quarter. Zevenbergen Capital Investments LLC now owns 499,772 shares of the company’s stock worth $70,713,000 after purchasing an additional 22,483 shares during the period. 7.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ARM. Wells Fargo & Company reduced their price target on shares of ARM from $160.00 to $150.00 and set an “overweight” rating on the stock in a research note on Thursday, February 5th. The Goldman Sachs Group lowered ARM from a “neutral” rating to a “sell” rating and decreased their target price for the stock from $160.00 to $120.00 in a research note on Monday, December 15th. Needham & Company LLC reissued a “hold” rating on shares of ARM in a research report on Thursday, November 6th. Benchmark reaffirmed a “hold” rating on shares of ARM in a research report on Thursday, February 5th. Finally, Citigroup lowered ARM from a “buy” rating to a “hold” rating in a research report on Tuesday, January 13th. Sixteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $160.81.

ARM Stock Down 2.1%

ARM opened at $121.72 on Wednesday. The business has a 50 day moving average price of $116.06 and a two-hundred day moving average price of $135.37. ARM Holdings PLC Sponsored ADR has a 52 week low of $80.00 and a 52 week high of $183.16. The company has a market cap of $128.60 billion, a PE ratio of 162.29, a P/E/G ratio of 8.58 and a beta of 4.11.

ARM (NASDAQ:ARM) last issued its earnings results on Wednesday, February 4th. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.02. ARM had a net margin of 17.15% and a return on equity of 14.01%. The business had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the previous year, the firm earned $0.39 earnings per share. The business’s quarterly revenue was up 26.3% compared to the same quarter last year. ARM has set its Q4 2026 guidance at 0.540-0.620 EPS. As a group, sell-side analysts expect that ARM Holdings PLC Sponsored ADR will post 0.9 EPS for the current fiscal year.

ARM Profile

Arm Limited (NASDAQ: ARM) is a global semiconductor IP company best known for designing energy-efficient processor architectures and related technologies that underpin a wide range of computing devices. Founded in 1990 as a joint venture between Acorn Computers, Apple and VLSI Technology and headquartered in Cambridge, England, Arm develops the ARM instruction set architectures and core processor designs that chipmakers license and integrate into custom system-on-chip (SoC) products. The company operates a licensing and royalty business model rather than manufacturing chips itself.

Arm’s product portfolio includes CPU core families (such as Cortex and Neoverse lines), GPU and multimedia IP (Mali), neural processing units (Ethos) and a suite of system and physical IP blocks.