ARM (NASDAQ:ARM) CFO Jason Child Sells 31,920 Shares of Stock

ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) CFO Jason Child sold 31,920 shares of ARM stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $226.54, for a total value of $7,231,156.80. Following the sale, the chief financial officer directly owned 174,232 shares of the company’s stock, valued at approximately $39,470,517.28. This trade represents a 15.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jason Child also recently made the following trade(s):

• On Wednesday, April 22nd, Jason Child sold 21,280 shares of ARM stock. The shares were sold at an average price of $180.00, for a total value of $3,830,400.00.
• On Wednesday, March 25th, Jason Child sold 21,280 shares of ARM stock. The shares were sold at an average price of $148.37, for a total value of $3,157,313.60.

ARM Stock Up 16.2%

Shares of NASDAQ ARM opened at $298.23 on Friday. The business has a fifty day simple moving average of $175.32 and a two-hundred day simple moving average of $142.53. The firm has a market cap of $315.08 billion, a PE ratio of 355.04, a price-to-earnings-growth ratio of 9.32 and a beta of 3.40. ARM Holdings PLC Sponsored ADR has a twelve month low of $100.02 and a twelve month high of $298.70.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. GKV Capital Management Co. Inc. purchased a new position in shares of ARM in the 1st quarter valued at $106,000. CTC Alternative Strategies Ltd. purchased a new position in shares of ARM in the 1st quarter valued at $2,322,000. BankChampaign National Association purchased a new position in ARM during the 1st quarter worth $510,000. Groupe la Francaise grew its stake in ARM by 62.9% during the 1st quarter. Groupe la Francaise now owns 41,953 shares of the company’s stock worth $6,309,000 after buying an additional 16,201 shares during the last quarter. Finally, Liontrust Investment Partners LLP grew its stake in ARM by 139.7% during the 1st quarter. Liontrust Investment Partners LLP now owns 347,339 shares of the company’s stock worth $52,545,000 after buying an additional 202,410 shares during the last quarter. 7.53% of the stock is currently owned by hedge funds and other institutional investors.

ARM News Roundup

Here are the key news stories impacting ARM this week:

• Positive Sentiment: Bernstein initiated coverage with an outperform rating and a $300 price target, reinforcing the view that ARM has more upside as AI and custom silicon demand grow. Bernstein explains why it isn’t too late to invest in Arm stock
• Positive Sentiment: Jefferies said Nvidia’s bullish remarks on Arm-based Vera CPUs are a favorable signal for ARM, and reiterated its Buy rating and $290 target. Nvidia CPU comments read positively for this chip stock: analyst
• Positive Sentiment: Arm shares hit fresh all-time highs as investors priced in strong profit growth expectations over the next four years. Arm Holdings (ARM) Hits All-Time High as Profits Seen Rocketing 5x
• Neutral Sentiment: Several insider sales were disclosed, including transactions by CFO Jason Child and directors/executives Charlotte Claire Eaton, William Abbey, and Spencer Collins. These were mostly pre-arranged or routine filings, but they can still add some caution around valuation. SEC filing for insider sales
• Neutral Sentiment: Market commentary continues to frame ARM as a momentum stock tied to AI infrastructure and custom silicon adoption, which supports the rally but also suggests the shares are trading at elevated expectations. Why Arm Holdings Stock Surged to an All-Time High Today

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on ARM shares. Mizuho lifted their target price on ARM from $230.00 to $255.00 and gave the company an “outperform” rating in a research report on Wednesday, May 6th. UBS Group cut their price target on ARM from $175.00 to $170.00 and set a “buy” rating on the stock in a report on Thursday, February 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of ARM in a report on Monday, April 20th. New Street Research upgraded ARM from a “neutral” rating to a “buy” rating in a report on Thursday, February 5th. Finally, JPMorgan Chase & Co. cut their price target on ARM from $180.00 to $145.00 and set an “overweight” rating on the stock in a report on Thursday, February 5th. Twenty research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $208.79.

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.