ARM Holdings PLC Sponsored ADR $ARM Shares Sold by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC decreased its stake in ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 48.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,995 shares of the company’s stock after selling 1,856 shares during the period. EverSource Wealth Advisors LLC’s holdings in ARM were worth $302,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Elite Wealth Management Inc. acquired a new stake in shares of ARM in the 1st quarter valued at about $200,000. Empowered Funds LLC lifted its stake in ARM by 8.2% in the first quarter. Empowered Funds LLC now owns 6,003 shares of the company’s stock valued at $908,000 after buying an additional 456 shares during the last quarter. Evelyn Partners Investment Management LLP grew its position in shares of ARM by 66.7% during the first quarter. Evelyn Partners Investment Management LLP now owns 1,500 shares of the company’s stock worth $227,000 after acquiring an additional 600 shares during the last quarter. Evelyn Partners Investment Management Services Ltd acquired a new position in shares of ARM in the 1st quarter valued at $30,000. Finally, Polar Asset Management Partners Inc. acquired a new position in shares of ARM in the 1st quarter valued at $1,119,000. 7.53% of the stock is currently owned by institutional investors and hedge funds.

ARM Stock Performance

ARM stock opened at $280.56 on Wednesday. The firm has a market capitalization of $299.66 billion, a price-to-earnings ratio of 289.24, a price-to-earnings-growth ratio of 7.20 and a beta of 3.90. ARM Holdings PLC Sponsored ADR has a fifty-two week low of $100.02 and a fifty-two week high of $452.70. The stock’s fifty day moving average is $326.47 and its two-hundred day moving average is $215.78.

ARM (NASDAQ:ARM) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.05. ARM had a return on equity of 12.24% and a net margin of 20.25%.The company had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.26 billion. During the same period in the previous year, the firm posted $0.35 earnings per share. The business’s revenue for the quarter was up 22.4% compared to the same quarter last year. ARM has set its Q2 2027 guidance at 0.430-0.510 EPS. As a group, sell-side analysts forecast that ARM Holdings PLC Sponsored ADR will post 1.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have commented on ARM. Bank of America restated a “neutral” rating on shares of ARM in a research note on Thursday, July 30th. Wells Fargo & Company lowered their price target on ARM from $350.00 to $280.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. Benchmark began coverage on ARM in a research report on Thursday, July 16th. They issued a “hold” rating on the stock. KeyCorp increased their price objective on ARM from $300.00 to $430.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Finally, Barclays lifted their target price on ARM from $250.00 to $360.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Eighteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $285.33.

Insider Transactions at ARM

In other news, insider William Abbey sold 6,566 shares of ARM stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $402.72, for a total value of $2,644,259.52. Following the transaction, the insider directly owned 20,563 shares of the company’s stock, valued at $8,281,131.36. The trade was a 24.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Charlotte Claire Eaton sold 7,805 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $290.01, for a total transaction of $2,263,528.05. Following the sale, the insider owned 5,000 shares of the company’s stock, valued at approximately $1,450,050. This represents a 60.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 216,049 shares of company stock valued at $52,101,605.

ARM Company Profile

Arm Limited (NASDAQ: ARM) is a global semiconductor IP company best known for designing energy-efficient processor architectures and related technologies that underpin a wide range of computing devices. Founded in 1990 as a joint venture between Acorn Computers, Apple and VLSI Technology and headquartered in Cambridge, England, Arm develops the ARM instruction set architectures and core processor designs that chipmakers license and integrate into custom system-on-chip (SoC) products. The company operates a licensing and royalty business model rather than manufacturing chips itself.

Arm’s product portfolio includes CPU core families (such as Cortex and Neoverse lines), GPU and multimedia IP (Mali), neural processing units (Ethos) and a suite of system and physical IP blocks.