Willner & Heller LLC Sells 209 Shares of Arm Holdings plc (NASDAQ:ARM)

Willner & Heller LLC reduced its position in Arm Holdings plc (NASDAQ:ARM) by 3.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,590 shares of the company’s stock after selling 209 shares during the quarter. Willner & Heller LLC’s holdings in ARM were worth $813,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. International Assets Investment Management LLC boosted its position in ARM by 14,351.1% during the 3rd quarter. International Assets Investment Management LLC now owns 812,297 shares of the company’s stock valued at $1,161,670,000 after buying an additional 806,676 shares during the period. Sei Investments Co. increased its stake in shares of ARM by 551.6% in the 2nd quarter. Sei Investments Co. now owns 579,330 shares of the company’s stock worth $94,790,000 after acquiring an additional 490,415 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in ARM by 186.8% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 359,105 shares of the company’s stock valued at $52,279,000 after purchasing an additional 233,909 shares in the last quarter. Franklin Resources Inc. increased its stake in ARM by 21.7% during the 3rd quarter. Franklin Resources Inc. now owns 1,281,484 shares of the company’s stock valued at $183,265,000 after purchasing an additional 228,467 shares in the last quarter. Finally, ProShare Advisors LLC bought a new stake in ARM during the 2nd quarter valued at about $16,611,000. Institutional investors own 7.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on ARM shares. Evercore ISI raised their price target on shares of ARM from $173.00 to $176.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. TD Cowen lifted their price target on shares of ARM from $150.00 to $165.00 and gave the company a “buy” rating in a report on Thursday, November 7th. JPMorgan Chase & Co. lifted their price objective on shares of ARM from $140.00 to $160.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. UBS Group assumed coverage on shares of ARM in a research report on Monday, November 25th. They issued a “buy” rating and a $160.00 price target on the stock. Finally, Loop Capital boosted their price target on shares of ARM from $130.00 to $180.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, ARM has an average rating of “Moderate Buy” and a consensus price target of $151.09.

ARM Price Performance

Shares of NASDAQ:ARM opened at $149.26 on Monday. The firm has a market capitalization of $156.40 billion, a PE ratio of 248.77, a P/E/G ratio of 6.57 and a beta of 4.53. The business has a 50-day moving average of $137.37 and a two-hundred day moving average of $141.24. Arm Holdings plc has a 12 month low of $69.32 and a 12 month high of $188.75.

ARM (NASDAQ:ARM) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.04. ARM had a return on equity of 13.69% and a net margin of 18.13%. The business had revenue of $844.00 million during the quarter, compared to the consensus estimate of $810.03 million. During the same period last year, the firm earned $0.36 earnings per share. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. As a group, research analysts anticipate that Arm Holdings plc will post 0.84 earnings per share for the current year.

ARM Profile

Arm Holdings plc architects, develops, and licenses central processing unit products and related technologies for semiconductor companies and original equipment manufacturers rely on to develop products. It offers microprocessors, systems intellectual property (IPs), graphics processing units, physical IP and associated systems IPs, software, tools, and other related services.