Arrow Electronics (NYSE:ARW) Stock Price Breaks Below 200-Day Moving Average – Time to Sell?

Shares of Arrow Electronics, Inc. (NYSE:ARW) crossed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $191.98 and traded as low as $176.42. Arrow Electronics shares last traded at $176.91, with a volume of 1,103,502 shares.

Arrow Electronics News Summary

Here are the key news stories impacting Arrow Electronics this week:

• Positive Sentiment: Third-quarter EPS was $6.22, beating the roughly $5.06 consensus, while revenue of $10.72 billion exceeded expectations of about $10.07 billion and rose 39% year over year. The company described both quarterly revenue and EPS as records. Arrow Electronics Reports Record Quarterly Revenue and EPS
• Positive Sentiment: Arrow’s fourth-quarter outlook was also substantially above forecasts: EPS guidance of $7.00–$7.20 versus consensus of $5.80, and revenue guidance of $11.6–$12.2 billion versus $10.5 billion. Arrow Electronics Q3 Profit Jumps, Issues Q4 Outlook
• Neutral Sentiment: Despite the earnings beat and strong outlook, ARW shares declined. The articles provided do not point to a specific negative development behind the move, so the market reaction appears at odds with the favorable reported results; a “sell-the-news” explanation is possible but not confirmed by this coverage. Arrow Electronics Stock Information

Wall Street Analysts Forecast Growth

ARW has been the topic of several research analyst reports. Raymond James Financial reissued an “outperform” rating and issued a $250.00 price target on shares of Arrow Electronics in a report on Friday, August 7th. Wells Fargo & Company upped their target price on Arrow Electronics from $175.00 to $200.00 and gave the company an “underweight” rating in a research report on Friday, August 7th. Truist Financial decreased their target price on Arrow Electronics from $260.00 to $250.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. Zacks Research downgraded Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 26th. Finally, Wall Street Zen downgraded Arrow Electronics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 19th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $233.25.

Arrow Electronics Trading Down 12.7%

The firm has a market capitalization of $9.01 billion, a P/E ratio of 11.30, a price-to-earnings-growth ratio of 0.30 and a beta of 1.20. The business’s 50-day moving average is $218.45 and its 200 day moving average is $191.98. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.22 and a quick ratio of 1.01.

Arrow Electronics (NYSE:ARW) last issued its quarterly earnings data on Thursday, November 5th. The technology company reported $6.22 earnings per share for the quarter, topping the consensus estimate of $5.06 by $1.16. The business had revenue of $10.72 billion during the quarter, compared to analysts’ expectations of $10.07 billion. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. The business’s revenue was up 39.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.41 EPS. Arrow Electronics has set its Q4 2026 guidance at 7.000-7.200 EPS. As a group, analysts anticipate that Arrow Electronics, Inc. will post 21.24 EPS for the current fiscal year.

Insider Buying and Selling at Arrow Electronics

In other news, SVP Carine Jean-Claude sold 1,000 shares of Arrow Electronics stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $209.85, for a total value of $209,850.00. Following the completion of the sale, the senior vice president directly owned 11,626 shares in the company, valued at approximately $2,439,716.10. The trade was a 7.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.80% of the company’s stock.

Hedge Funds Weigh In On Arrow Electronics

Hedge funds have recently added to or reduced their stakes in the stock. State Street Corp grew its holdings in shares of Arrow Electronics by 0.5% during the 2nd quarter. State Street Corp now owns 1,694,603 shares of the technology company’s stock worth $361,645,000 after purchasing an additional 8,238 shares in the last quarter. Assenagon Asset Management S.A. increased its position in shares of Arrow Electronics by 307.9% in the second quarter. Assenagon Asset Management S.A. now owns 220,920 shares of the technology company’s stock worth $47,147,000 after purchasing an additional 166,762 shares during the period. Empowered Funds LLC increased its position in shares of Arrow Electronics by 306.8% in the first quarter. Empowered Funds LLC now owns 36,928 shares of the technology company’s stock worth $5,296,000 after purchasing an additional 27,851 shares during the period. Calamos Advisors LLC acquired a new position in Arrow Electronics in the second quarter valued at about $5,817,000. Finally, SummerHaven Investment Management LLC acquired a new position in Arrow Electronics in the third quarter valued at about $1,465,000. Institutional investors own 99.34% of the company’s stock.

Arrow Electronics Company Profile

Arrow Electronics, Inc is a global distributor of electronic components and enterprise computing solutions. The company connects manufacturers of technology products with customers, including original equipment manufacturers, contract manufacturers, commercial enterprises and government organizations.

Arrow’s components business distributes products such as semiconductors, embedded systems, passive and electromechanical components, and related engineering services. Its enterprise computing solutions business provides technology products and services involving data center, cloud, security, networking and software solutions.