52,877 Shares in ARM Holdings PLC Sponsored ADR $ARM Purchased by Quinn Opportunity Partners LLC

Quinn Opportunity Partners LLC bought a new position in ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) in the third quarter, HoldingsChannel reports. The fund bought 52,877 shares of the company’s stock, valued at approximately $7,482,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Sustainable Growth Advisers LP boosted its holdings in shares of ARM by 116.8% during the 2nd quarter. Sustainable Growth Advisers LP now owns 3,457,220 shares of the company’s stock valued at $559,171,000 after acquiring an additional 1,862,626 shares during the last quarter. Capital Research Global Investors purchased a new position in shares of ARM during the third quarter valued at approximately $243,098,000. Schroder Investment Management Group lifted its position in ARM by 41.7% during the second quarter. Schroder Investment Management Group now owns 4,745,957 shares of the company’s stock valued at $767,611,000 after purchasing an additional 1,396,684 shares during the period. Invesco Ltd. lifted its position in ARM by 139.9% during the second quarter. Invesco Ltd. now owns 1,381,906 shares of the company’s stock valued at $223,509,000 after purchasing an additional 805,886 shares during the period. Finally, Baillie Gifford & Co. purchased a new stake in ARM in the third quarter worth approximately $90,678,000. Institutional investors own 7.53% of the company’s stock.

ARM Stock Up 0.5%

Shares of ARM stock opened at $115.75 on Friday. The company’s fifty day simple moving average is $117.27 and its two-hundred day simple moving average is $134.41. ARM Holdings PLC Sponsored ADR has a 52 week low of $80.00 and a 52 week high of $183.16. The stock has a market cap of $122.29 billion, a P/E ratio of 154.33, a PEG ratio of 7.94 and a beta of 4.11.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Mizuho cut their target price on shares of ARM from $190.00 to $160.00 and set an “outperform” rating for the company in a research report on Thursday, February 5th. Wells Fargo & Company dropped their price target on ARM from $160.00 to $150.00 and set an “overweight” rating on the stock in a research note on Thursday, February 5th. TD Cowen cut their price objective on ARM from $190.00 to $165.00 and set a “buy” rating for the company in a report on Thursday, February 5th. The Goldman Sachs Group cut ARM from a “neutral” rating to a “sell” rating and reduced their price objective for the company from $160.00 to $120.00 in a research report on Monday, December 15th. Finally, Oddo Bhf set a $170.00 target price on ARM in a report on Monday, January 5th. Sixteen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $160.81.

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.