Arm Holdings plc. ADR (NASDAQ: ARM) is -12.61% lower on its value in year-to-date trading and has touched a low of $85.61 and a high of $188.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ARM stock was last observed hovering at around $112.47 in the last trading session, with the day’s loss setting it -4.67%.
Currently trading at $107.80, the stock is -8.79% and -22.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.61 million and changing -4.15% at the moment leaves the stock -24.23% off its SMA200. ARM registered -15.75% loss for a year compared to 6-month loss of -26.38%. The firm has a 50-day simple moving average (SMA 50) of $139.7744 and a 200-day simple moving average (SMA200) of $142.2743.
The stock witnessed a -17.29% gain in the last 1 month and extending the period to 3 months gives it a -18.20%, and is -9.47% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.80% over the week and 5.30% over the month.
Arm Holdings plc. ADR (ARM) has around 7096 employees, a market worth around $113.62B and $3.69B in sales. Current P/E ratio is 142.24 and Fwd P/E is 52.86. Profit margin for the company is 21.82%. Distance from 52-week low is 25.92% and -42.89% from its 52-week high. The company has generated returns on investments over the last 12 months (12.12%).
The EPS is expected to grow by 27.22% this year.
Arm Holdings plc. ADR (ARM) Top Institutional Holders
882.0 institutions hold shares in Arm Holdings plc. ADR (ARM), with institutional investors hold 54.18% of the company’s shares. The shares outstanding are 1.05B, and float is at 1.05B with Short Float at 1.26%. Institutions hold 6.74% of the Float.
The top institutional shareholder in the company is AUSTIN PRIVATE WEALTH, LLC with over 20.0 million shares valued at $328.0. The investor’s holdings represent 1.9157% of the ARM Shares outstanding. As of 2024-06-30, the second largest holder is SUSQUEHANNA INTERNATIONAL GROUP, LLP with 6.43 million shares valued at $1.05 billion to account for 0.6156 of the shares outstanding. The other top investors are BANK OF AMERICA CORP /DE/ which holds 5.97 million shares representing 0.5718% and valued at over $976.83 million, while CITADEL ADVISORS LLC holds 0.4875 of the shares totaling 5.09 million with a market value of $832.83 million.
Arm Holdings plc. ADR (ARM) Insider Activity
#####
Still, SEC filings show that on Nov 21 ’24, Child Jason (Officer) Proposed Sale 20,160 shares at an average price of $136.50 for $2.75 million. The insider now directly holds shares of Arm Holdings plc. ADR (ARM).
