220,504 Shares in ARM Holdings PLC Sponsored ADR $ARM Acquired by Penserra Capital Management LLC

Penserra Capital Management LLC bought a new stake in shares of ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 220,504 shares of the company’s stock, valued at approximately $35,663,000.

A number of other institutional investors and hedge funds have also modified their holdings of ARM. Swedbank AB bought a new stake in ARM in the 1st quarter worth about $18,667,000. Integrated Wealth Concepts LLC lifted its stake in ARM by 24.0% during the 1st quarter. Integrated Wealth Concepts LLC now owns 10,465 shares of the company’s stock valued at $1,118,000 after acquiring an additional 2,025 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of ARM by 12.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 107,728 shares of the company’s stock valued at $11,505,000 after acquiring an additional 11,953 shares during the last quarter. Global X Japan Co. Ltd. grew its stake in shares of ARM by 638.4% in the second quarter. Global X Japan Co. Ltd. now owns 80,239 shares of the company’s stock worth $12,978,000 after acquiring an additional 69,372 shares during the period. Finally, Hoey Investments Inc. raised its holdings in shares of ARM by 159.3% during the second quarter. Hoey Investments Inc. now owns 15,206 shares of the company’s stock valued at $2,459,000 after purchasing an additional 9,341 shares during the last quarter. Institutional investors own 7.53% of the company’s stock.

Wall Street Analysts Forecast Growth

ARM has been the topic of a number of research analyst reports. Seaport Res Ptn upgraded shares of ARM to a “strong-buy” rating in a research report on Monday, August 11th. JPMorgan Chase & Co. boosted their target price on shares of ARM from $175.00 to $180.00 and gave the company an “overweight” rating in a research note on Thursday. Benchmark reissued a “hold” rating on shares of ARM in a report on Thursday. Barclays lifted their price objective on ARM from $115.00 to $165.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, BNP Paribas Exane upgraded ARM from a “neutral” rating to an “outperform” rating and set a $210.00 price objective for the company in a research report on Wednesday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $178.55.

ARM Price Performance

NASDAQ:ARM opened at $152.38 on Friday. ARM Holdings PLC Sponsored ADR has a one year low of $80.00 and a one year high of $183.16. The business has a fifty day moving average price of $155.38 and a 200-day moving average price of $144.45. The firm has a market capitalization of $160.99 billion, a price-to-earnings ratio of 195.36, a price-to-earnings-growth ratio of 9.94 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, beating the consensus estimate of $0.33 by $0.06. The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.06 billion. ARM had a return on equity of 15.03% and a net margin of 18.81%.ARM’s revenue for the quarter was up 34.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.30 earnings per share. ARM has set its Q3 2026 guidance at 0.370-0.450 EPS. On average, equities research analysts expect that ARM Holdings PLC Sponsored ADR will post 0.9 earnings per share for the current fiscal year.

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.