Arrow Electronics, Inc. (NYSE:ARW – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $128.43 and traded as high as $177.24. Arrow Electronics shares last traded at $175.7380, with a volume of 492,171 shares traded.
Wall Street Analysts Forecast Growth
ARW has been the subject of a number of recent research reports. Weiss Ratings raised shares of Arrow Electronics from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 26th. Truist Financial raised shares of Arrow Electronics from a “hold” rating to a “buy” rating and raised their target price for the company from $148.00 to $183.00 in a research note on Monday, April 13th. Wells Fargo & Company lifted their target price on shares of Arrow Electronics from $94.00 to $115.00 and gave the company an “underweight” rating in a report on Friday, February 6th. Wall Street Zen upgraded Arrow Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Finally, Zacks Research raised Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $136.00.
Read Our Latest Stock Report on Arrow Electronics
Arrow Electronics Trading Up 1.9%
Arrow Electronics (NYSE:ARW – Get Free Report) last released its quarterly earnings data on Thursday, February 5th. The technology company reported $4.39 earnings per share for the quarter, beating the consensus estimate of $3.55 by $0.84. The firm had revenue of $8.75 billion during the quarter, compared to analysts’ expectations of $8.16 billion. Arrow Electronics had a net margin of 1.85% and a return on equity of 9.01%. The firm’s quarterly revenue was up 20.1% on a year-over-year basis. During the same period in the previous year, the company earned $2.97 earnings per share. Arrow Electronics has set its Q1 2026 guidance at 2.130-2.330 EPS. Equities analysts expect that Arrow Electronics, Inc. will post 13.59 earnings per share for the current fiscal year.
Insider Activity at Arrow Electronics
In other Arrow Electronics news, SVP Carine Lamercie Jean-Claude sold 4,000 shares of the business’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $156.65, for a total transaction of $626,600.00. Following the completion of the sale, the senior vice president owned 16,261 shares of the company’s stock, valued at approximately $2,547,285.65. The trade was a 19.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Richard John Marano sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $155.32, for a total value of $388,300.00. Following the completion of the transaction, the insider directly owned 24,096 shares in the company, valued at $3,742,590.72. This trade represents a 9.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 19,199 shares of company stock valued at $3,009,786 in the last quarter. 0.80% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Arrow Electronics
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Root Financial Partners LLC purchased a new position in Arrow Electronics during the third quarter valued at approximately $26,000. Winnow Wealth LLC purchased a new stake in shares of Arrow Electronics in the third quarter worth $26,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Arrow Electronics by 112.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the technology company’s stock valued at $27,000 after purchasing an additional 131 shares during the period. Transamerica Financial Advisors LLC bought a new stake in shares of Arrow Electronics during the 4th quarter valued at $27,000. Finally, Advisory Services Network LLC purchased a new position in shares of Arrow Electronics during the 3rd quarter valued at $31,000. 99.34% of the stock is owned by hedge funds and other institutional investors.
About Arrow Electronics
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.
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