Calamos Advisors LLC Purchases New Position in Arrow Electronics, Inc. $ARW

Calamos Advisors LLC acquired a new stake in shares of Arrow Electronics, Inc. (NYSE:ARW) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 27,256 shares of the technology company’s stock, valued at approximately $5,817,000.

Other large investors have also recently bought and sold shares of the company. Bayban acquired a new stake in Arrow Electronics in the first quarter worth $26,000. Northwestern Mutual Wealth Management Co. raised its stake in Arrow Electronics by 112.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the technology company’s stock worth $27,000 after buying an additional 131 shares during the period. Transamerica Financial Advisors LLC bought a new position in Arrow Electronics during the fourth quarter worth about $27,000. Advisory Services Network LLC bought a new position in Arrow Electronics during the third quarter worth about $31,000. Finally, Quarry LP acquired a new position in Arrow Electronics in the third quarter valued at about $33,000. Institutional investors own 99.34% of the company’s stock.

Insider Buying and Selling at Arrow Electronics

In other Arrow Electronics news, insider Eric Nowak sold 3,473 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $210.99, for a total value of $732,768.27. Following the transaction, the insider directly owned 48,835 shares in the company, valued at $10,303,696.65. The trade was a 6.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $216.00, for a total transaction of $648,000.00. Following the completion of the transaction, the senior vice president directly owned 12,626 shares in the company, valued at $2,727,216. The trade was a 19.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is owned by insiders.

Arrow Electronics Stock Performance

ARW opened at $213.78 on Friday. Arrow Electronics, Inc. has a 12-month low of $101.79 and a 12-month high of $237.33. The stock has a market cap of $10.88 billion, a price-to-earnings ratio of 13.66, a PEG ratio of 0.32 and a beta of 1.20. The business has a 50 day moving average of $214.23 and a 200-day moving average of $183.84. The company has a quick ratio of 1.01, a current ratio of 1.22 and a debt-to-equity ratio of 0.29.

Arrow Electronics (NYSE:ARW) last issued its earnings results on Thursday, August 6th. The technology company reported $5.45 EPS for the quarter, topping the consensus estimate of $4.45 by $1.00. Arrow Electronics had a return on equity of 13.41% and a net margin of 2.26%.The company had revenue of $9.99 billion during the quarter, compared to the consensus estimate of $9.67 billion. During the same period in the previous year, the company posted $2.43 EPS. The firm’s revenue for the quarter was up 31.8% compared to the same quarter last year. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. On average, equities research analysts expect that Arrow Electronics, Inc. will post 20.44 earnings per share for the current year.

Arrow Electronics declared that its board has approved a stock repurchase plan on Wednesday, May 13th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the technology company to buy up to 9.7% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its shares are undervalued.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Bank of America raised Arrow Electronics from an “underperform” rating to a “neutral” rating and raised their price target for the stock from $122.00 to $233.00 in a research report on Wednesday, May 13th. Weiss Ratings reissued a “buy (b-)” rating on shares of Arrow Electronics in a research note on Tuesday, May 26th. Raymond James Financial restated an “outperform” rating and set a $250.00 target price on shares of Arrow Electronics in a report on Friday, August 7th. Zacks Research cut Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 3rd. Finally, Truist Financial reduced their target price on shares of Arrow Electronics from $260.00 to $250.00 and set a “buy” rating for the company in a report on Friday, August 7th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Arrow Electronics has an average rating of “Hold” and a consensus target price of $233.25.

Arrow Electronics Profile

Arrow Electronics (NYSE: ARW) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The company offers a broad portfolio of semiconductors, passives, connectors, electromechanical devices and embedded solutions, serving customers across diverse end markets including automotive, communications, computing, aerospace, defense and healthcare. Through its extensive supplier relationships, Arrow enables design engineers to identify and procure components required for the development of new electronic systems and devices.

In addition to component distribution, Arrow delivers value-added services such as design engineering support, supply chain management, global logistics and technical training.