SBI Securities Co. Ltd. Sells 8,860 Shares of ARM Holdings PLC Sponsored ADR $ARM

SBI Securities Co. Ltd. lowered its position in shares of ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 6.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 121,218 shares of the company’s stock after selling 8,860 shares during the period. SBI Securities Co. Ltd.’s holdings in ARM were worth $19,606,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Huntington National Bank purchased a new stake in ARM during the second quarter valued at approximately $30,000. Oliver Lagore Vanvalin Investment Group bought a new position in shares of ARM in the second quarter worth about $39,000. Brooklyn Investment Group purchased a new stake in ARM during the 1st quarter valued at approximately $28,000. ORG Partners LLC bought a new stake in ARM in the 2nd quarter valued at $48,000. Finally, N.E.W. Advisory Services LLC bought a new stake in shares of ARM in the first quarter worth about $34,000. Institutional investors own 7.53% of the company’s stock.

ARM Price Performance

Shares of ARM stock opened at $149.74 on Wednesday. The firm’s 50-day moving average is $156.06 and its two-hundred day moving average is $145.60. The company has a market capitalization of $158.20 billion, a PE ratio of 191.97, a price-to-earnings-growth ratio of 9.55 and a beta of 4.11. ARM Holdings PLC Sponsored ADR has a 12 month low of $80.00 and a 12 month high of $183.16.

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

Analysts Set New Price Targets

A number of brokerages have recently commented on ARM. Needham & Company LLC reiterated a “hold” rating on shares of ARM in a report on Thursday, November 6th. BNP Paribas upgraded ARM from a “neutral” rating to an “outperform” rating and upped their target price for the stock from $110.00 to $210.00 in a report on Wednesday, July 16th. KeyCorp lifted their price objective on shares of ARM from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 6th. Rosenblatt Securities reiterated a “buy” rating and issued a $180.00 target price on shares of ARM in a report on Thursday, November 6th. Finally, TD Cowen raised their price objective on ARM from $175.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $178.55.

About ARM

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.