ARM Holdings PLC Sponsored ADR $ARM Stake Lowered by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. cut its position in ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 15.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 367,964 shares of the company’s stock after selling 67,938 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in ARM were worth $52,063,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. GAMMA Investing LLC boosted its position in shares of ARM by 126.0% during the 3rd quarter. GAMMA Investing LLC now owns 174 shares of the company’s stock valued at $25,000 after acquiring an additional 97 shares in the last quarter. Grey Fox Wealth Advisors LLC acquired a new position in ARM during the third quarter worth $28,000. Huntington National Bank acquired a new stake in shares of ARM during the second quarter worth approximately $30,000. FWL Investment Management LLC bought a new stake in ARM during the 2nd quarter worth about $34,000. Finally, Financial Consulate Inc. bought a new stake in shares of ARM during the 3rd quarter valued at $45,000. 7.53% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on ARM shares. Royal Bank Of Canada assumed coverage on shares of ARM in a report on Wednesday, January 14th. They set an “outperform” rating and a $140.00 price objective for the company. Citigroup cut ARM from a “buy” rating to a “hold” rating in a research note on Tuesday, January 13th. Weiss Ratings reissued a “hold (c)” rating on shares of ARM in a research note on Wednesday, January 21st. Bank of America restated a “neutral” rating and set a $120.00 price objective on shares of ARM in a report on Tuesday, January 13th. Finally, The Goldman Sachs Group lowered shares of ARM from a “neutral” rating to a “sell” rating and reduced their target price for the stock from $160.00 to $120.00 in a research note on Monday, December 15th. Sixteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $169.52.

ARM Stock Performance

Shares of NASDAQ ARM opened at $109.96 on Thursday. The stock has a 50 day moving average price of $120.46 and a 200 day moving average price of $140.13. The stock has a market capitalization of $116.17 billion, a PE ratio of 140.97, a price-to-earnings-growth ratio of 6.88 and a beta of 4.34. ARM Holdings PLC Sponsored ADR has a 52 week low of $80.00 and a 52 week high of $183.16.

ARM (NASDAQ:ARM) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.06. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.06 billion. ARM had a return on equity of 15.03% and a net margin of 18.81%.The company’s quarterly revenue was up 34.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.30 EPS. ARM has set its Q3 2026 guidance at 0.370-0.450 EPS. As a group, research analysts forecast that ARM Holdings PLC Sponsored ADR will post 0.9 EPS for the current year.

About ARM

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.