SBI Okasan Asset Management Co.Ltd. Buys Shares of 6,327 ARM Holdings PLC Sponsored ADR $ARM

SBI Okasan Asset Management Co.Ltd. bought a new stake in ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 6,327 shares of the company’s stock, valued at approximately $699,000.

A number of other hedge funds also recently modified their holdings of ARM. Amundi lifted its holdings in shares of ARM by 24.8% during the first quarter. Amundi now owns 11,804 shares of the company’s stock worth $1,153,000 after purchasing an additional 2,345 shares during the period. Empowered Funds LLC lifted its holdings in shares of ARM by 28.8% during the first quarter. Empowered Funds LLC now owns 4,887 shares of the company’s stock worth $522,000 after purchasing an additional 1,094 shares during the period. Schnieders Capital Management LLC. lifted its holdings in shares of ARM by 9.0% during the second quarter. Schnieders Capital Management LLC. now owns 2,430 shares of the company’s stock worth $393,000 after purchasing an additional 200 shares during the period. Bank of Nova Scotia acquired a new position in shares of ARM during the second quarter worth $556,000. Finally, State Street Corp lifted its holdings in shares of ARM by 14.7% during the second quarter. State Street Corp now owns 441,445 shares of the company’s stock worth $71,399,000 after purchasing an additional 56,656 shares during the period. Institutional investors and hedge funds own 7.53% of the company’s stock.

Insiders Place Their Bets

In related news, insider William Abbey sold 10,887 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $224.14, for a total value of $2,440,212.18. Following the transaction, the insider owned 43,353 shares in the company, valued at $9,717,141.42. The trade was a 20.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Jason Child sold 31,920 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $226.54, for a total transaction of $7,231,156.80. Following the completion of the transaction, the chief financial officer owned 174,232 shares in the company, valued at approximately $39,470,517.28. The trade was a 15.48% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 279,266 shares of company stock valued at $57,502,031 over the last quarter.

ARM Stock Up 5.4%

ARM stock opened at $353.29 on Friday. The firm has a market cap of $373.25 billion, a price-to-earnings ratio of 420.58, a PEG ratio of 12.18 and a beta of 3.40. ARM Holdings PLC Sponsored ADR has a 12-month low of $100.02 and a 12-month high of $356.45. The company’s fifty day simple moving average is $199.27 and its 200 day simple moving average is $149.41.

ARM (NASDAQ:ARM) last released its earnings results on Wednesday, April 1st. The company reported $0.60 earnings per share (EPS) for the quarter. The business had revenue of $1.49 billion for the quarter. ARM had a net margin of 18.37% and a return on equity of 12.43%. Research analysts expect that ARM Holdings PLC Sponsored ADR will post 1.12 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on ARM shares. Guggenheim lifted their price target on shares of ARM from $240.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. UBS Group cut their price target on shares of ARM from $175.00 to $170.00 and set a “buy” rating on the stock in a report on Thursday, February 5th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of ARM in a report on Thursday, May 7th. Evercore cut their price target on shares of ARM from $215.00 to $170.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. Finally, HSBC upgraded shares of ARM from a “reduce” rating to a “buy” rating and lifted their price target for the stock from $90.00 to $205.00 in a report on Friday, March 20th. Twenty equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $208.79.

Trending Headlines about ARM

Here are the key news stories impacting ARM this week:

• Positive Sentiment: Fresh analyst upgrades and continued enthusiasm around AI infrastructure demand have boosted sentiment, with ARM recently hitting new highs and drawing momentum buyers. Can Arm stock climb higher after fresh AI-driven analyst upgrades?
• Positive Sentiment: ARM remains a key beneficiary of AI chip demand, and comparison pieces highlight its strong positioning versus peers in semiconductor design. ARM vs. SNPS: Which AI Chip Design Stock Should Investors Buy?
• Neutral Sentiment: A recent short-interest update showed no meaningful change in positioning, so it does not appear to be a major near-term driver for the stock.
• Negative Sentiment: At least one recent valuation note argues ARM’s upside may be limited after a sharp rally, with a price target suggesting only modest near-term appreciation from recent levels. Stock Price Prediction: Arm Holdings Has Limited Upside Despite 177% Rally

ARM Company 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.