Arrow Electronics (NYSE:ARW) SVP Sells $648,000.00 in Stock

Arrow Electronics, Inc. (NYSE:ARW) SVP Carine Lamercie Jean-Claude sold 3,000 shares of Arrow Electronics stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $216.00, for a total value of $648,000.00. Following the sale, the senior vice president directly owned 12,626 shares of the company’s stock, valued at approximately $2,727,216. This trade represents a 19.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Arrow Electronics Trading Up 2.2%

Shares of Arrow Electronics stock traded up $4.71 during trading on Friday, reaching $217.55. 434,877 shares of the company were exchanged, compared to its average volume of 651,681. The company has a quick ratio of 1.02, a current ratio of 1.24 and a debt-to-equity ratio of 0.35. Arrow Electronics, Inc. has a twelve month low of $101.79 and a twelve month high of $219.01. The business has a 50-day moving average price of $169.59 and a 200-day moving average price of $139.91. The firm has a market capitalization of $11.12 billion, a price-to-earnings ratio of 15.56 and a beta of 1.16.

Arrow Electronics (NYSE:ARW) last announced its quarterly earnings data on Thursday, May 7th. The technology company reported $5.22 EPS for the quarter, topping analysts’ consensus estimates of $2.92 by $2.30. Arrow Electronics had a return on equity of 11.40% and a net margin of 2.17%.The business had revenue of $9.47 billion during the quarter, compared to analysts’ expectations of $8.39 billion. During the same period in the previous year, the firm earned $1.80 earnings per share. The firm’s quarterly revenue was up 39.0% compared to the same quarter last year. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. Sell-side analysts anticipate that Arrow Electronics, Inc. will post 17.97 EPS for the current fiscal year.

Arrow Electronics declared that its board has initiated a share repurchase plan on Wednesday, May 13th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the technology company to purchase up to 9.7% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on ARW. Zacks Research raised Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 9th. Wall Street Zen raised Arrow Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Raymond James Financial reissued an “outperform” rating and issued a $220.00 target price on shares of Arrow Electronics in a research note on Friday, May 8th. Wells Fargo & Company boosted their target price on Arrow Electronics from $140.00 to $165.00 and gave the company an “underweight” rating in a research note on Friday, May 8th. Finally, Truist Financial boosted their target price on Arrow Electronics from $183.00 to $240.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $214.50.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Bayban acquired a new position in shares of Arrow Electronics during the first quarter worth about $26,000. Root Financial Partners LLC acquired a new position in shares of Arrow Electronics during the third quarter worth about $26,000. Winnow Wealth LLC acquired a new position in shares of Arrow Electronics during the third quarter worth about $26,000. Transamerica Financial Advisors LLC acquired a new position in shares of Arrow Electronics during the fourth quarter worth about $27,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Arrow Electronics by 112.0% during the fourth 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. 99.34% of the stock is owned by institutional investors and hedge funds.

Arrow Electronics Company 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.