Wealth Enhancement Advisory Services LLC Sells 18,552 Shares of ARM Holdings PLC Sponsored ADR $ARM

Wealth Enhancement Advisory Services LLC trimmed its position in shares of ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 64.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,431 shares of the company’s stock after selling 18,552 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in ARM were worth $1,476,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC grew its position in ARM by 126.0% during the third quarter. GAMMA Investing LLC now owns 174 shares of the company’s stock valued at $25,000 after acquiring an additional 97 shares during the last quarter. Huntington National Bank purchased a new stake in shares of ARM in the 2nd quarter valued at $30,000. FWL Investment Management LLC bought a new position in shares of ARM during the 2nd quarter valued at $34,000. Financial Consulate Inc. purchased a new position in ARM in the 3rd quarter worth $45,000. Finally, WFA of San Diego LLC purchased a new position in ARM in the 2nd quarter worth $49,000. Hedge funds and other institutional investors own 7.53% of the company’s stock.

Wall Street Analyst Weigh In

ARM has been the topic of a number of recent research reports. UBS Group reduced their price objective on ARM from $195.00 to $175.00 and set a “buy” rating on the stock in a research note on Monday, January 26th. JPMorgan Chase & Co. increased their target price on ARM from $175.00 to $180.00 and gave the company an “overweight” rating in a report on Thursday, November 6th. Needham & Company LLC reaffirmed a “hold” rating on shares of ARM in a research note on Thursday, November 6th. Susquehanna raised ARM from a “neutral” rating to a “positive” rating and set a $150.00 price objective for the company in a research note on Wednesday, January 21st. Finally, Citigroup cut shares of ARM from a “buy” rating to a “hold” rating in a report on Tuesday, January 13th. Sixteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $169.52.

ARM Price Performance

ARM opened at $105.36 on Friday. ARM Holdings PLC Sponsored ADR has a one year low of $80.00 and a one year high of $183.16. The business has a 50 day simple moving average of $119.45 and a two-hundred day simple moving average of $139.58. The firm has a market capitalization of $111.31 billion, a price-to-earnings ratio of 135.08, a PEG ratio of 6.49 and a beta of 4.34.

ARM (NASDAQ:ARM) last posted its earnings results on Wednesday, November 5th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.06. ARM had a return on equity of 15.03% and a net margin of 18.81%.The firm had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the previous year, the firm earned $0.30 earnings per share. The business’s revenue was up 34.5% compared to the same quarter last year. ARM has set its Q3 2026 guidance at 0.370-0.450 EPS. As a group, sell-side analysts expect that ARM Holdings PLC Sponsored ADR will post 0.9 EPS for the current fiscal year.

About ARM

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.