Atlantic Union Bankshares Corp Takes $105,000 Position in ARM Holdings PLC Sponsored ADR $ARM

Atlantic Union Bankshares Corp acquired a new stake in ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 650 shares of the company’s stock, valued at approximately $105,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. ROI Financial Advisors LLC grew its holdings in ARM by 30.0% during the second quarter. ROI Financial Advisors LLC now owns 4,706 shares of the company’s stock worth $761,000 after buying an additional 1,085 shares in the last quarter. Convergence Financial LLC raised its holdings in shares of ARM by 7.2% in the 2nd quarter. Convergence Financial LLC now owns 7,491 shares of the company’s stock worth $1,212,000 after purchasing an additional 500 shares during the period. Moors & Cabot Inc. purchased a new position in shares of ARM during the 2nd quarter valued at $315,000. 360 Financial Inc. bought a new position in ARM during the second quarter worth about $270,000. Finally, Cherry Creek Investment Advisors Inc. grew its stake in ARM by 4.7% in the 2nd quarter. Cherry Creek Investment Advisors Inc. now owns 5,278 shares of the company’s stock valued at $854,000 after buying an additional 235 shares in the last quarter. 7.53% of the stock is owned by institutional investors.

ARM Trading Down 3.7%

Shares of ARM opened at $152.38 on Monday. ARM Holdings PLC Sponsored ADR has a 1-year low of $80.00 and a 1-year high of $183.16. The firm’s 50-day moving average price is $155.38 and its 200-day moving average price is $145.04. The firm has a market capitalization of $160.99 billion, a price-to-earnings ratio of 195.36, a PEG ratio of 9.40 and a beta of 4.11.

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

Analysts Set New Price Targets

Several brokerages have recently weighed in on ARM. Benchmark reiterated a “hold” rating on shares of ARM in a research report on Thursday. TD Cowen increased their target price on ARM from $175.00 to $190.00 and gave the company a “buy” rating in a report on Thursday. Wells Fargo & Company increased their price target on shares of ARM from $190.00 to $195.00 and gave the company an “overweight” rating in a research report on Thursday. Evercore ISI upped their price objective on shares of ARM from $173.00 to $178.00 and gave the company an “outperform” rating in a research note on Thursday, September 11th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $180.00 target price on shares of ARM in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $178.55.

ARM Company Profile

Arm Holdings Plc engages in the licensing, marketing, research, and development of microprocessors, systems IP, graphics processing units, physical IP and associated systems IP, software, and tools. It operates through the following geographical segments: United Kingdom, United States, and Other Countries.