Arm Holdings plc. ADR (NASDAQ: ARM) is -28.90% 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 $97.72 in the last trading session, with the day’s loss setting it -10.01%.
Currently trading at $87.71, the stock is -22.36% and -34.52% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.45 million and changing -10.24% at the moment leaves the stock -37.76% off its SMA200. ARM registered -30.01% loss for a year compared to 6-month loss of -35.99%. The firm has a 50-day simple moving average (SMA 50) of $133.9518 and a 200-day simple moving average (SMA200) of $140.9323.
The stock witnessed a -25.62% gain in the last 1 month and extending the period to 3 months gives it a -31.58%, and is -18.64% 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 6.96% over the week and 5.41% over the month.
Arm Holdings plc. ADR (ARM) has around 7096 employees, a market worth around $92.45B and $3.69B in sales. Current P/E ratio is 115.73 and Fwd P/E is 43.01. Profit margin for the company is 21.82%. Distance from 52-week low is 2.45% and -53.53% from its 52-week high. The company has generated returns on investments over the last 12 months (12.12%).
with sales reaching $1.23B over the same period.The EPS is expected to grow by 27.22% this year, but quarterly earnings will post 23.74% year-over-year. Quarterly sales are estimated to grow 32.21% in year-over-year returns.
Arm Holdings plc. ADR (ARM) Top Institutional Holders
883.0 institutions hold shares in Arm Holdings plc. ADR (ARM), with institutional investors hold 54.47% 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 6.78% 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
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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).
