Schwarz Dygos Wheeler Investment Advisors LLC grew its position in shares of Arm Holdings plc (NASDAQ:ARM – Free Report) by 3.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,229 shares of the company’s stock after purchasing an additional 155 shares during the quarter. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in ARM were worth $645,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Berbice Capital Management LLC bought a new position in ARM during the fourth quarter worth $49,000. Quantbot Technologies LP bought a new position in shares of ARM in the 3rd quarter worth about $52,000. Farther Finance Advisors LLC raised its position in shares of ARM by 45.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 417 shares of the company’s stock worth $60,000 after acquiring an additional 131 shares in the last quarter. Valley National Advisers Inc. lifted its stake in shares of ARM by 13.3% in the 4th quarter. Valley National Advisers Inc. now owns 613 shares of the company’s stock valued at $75,000 after purchasing an additional 72 shares during the period. Finally, MCF Advisors LLC bought a new stake in shares of ARM during the 4th quarter valued at about $83,000. Institutional investors and hedge funds own 7.53% of the company’s stock.
Analysts Set New Price Targets
ARM has been the topic of several recent analyst reports. Barclays boosted their price target on ARM from $145.00 to $155.00 and gave the company an “overweight” rating in a research note on Friday, January 17th. Jefferies Financial Group boosted their target price on shares of ARM from $170.00 to $195.00 and gave the company a “buy” rating in a research report on Thursday, February 6th. Needham & Company LLC reissued a “hold” rating on shares of ARM in a research note on Thursday, February 6th. Wells Fargo & Company lifted their price target on shares of ARM from $162.00 to $185.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Finally, Mizuho increased their price objective on shares of ARM from $160.00 to $180.00 and gave the stock an “outperform” rating in a research report on Thursday, February 6th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, ARM currently has an average rating of “Moderate Buy” and a consensus target price of $165.23.
ARM Stock Up 6.5 %
ARM stock opened at $125.55 on Monday. The firm has a market cap of $131.56 billion, a PE ratio of 165.20, a P/E/G ratio of 6.33 and a beta of 4.77. The business has a 50 day moving average of $146.69 and a 200-day moving average of $141.89. Arm Holdings plc has a 12-month low of $85.61 and a 12-month high of $188.75.
ARM Profile
Arm Holdings Plc engages in the licensing, marketing, research, and development of microprocessors, systems IP, graphics processing units, physical IP and associated systems IP, software, and tools. It operates through the following geographical segments: United Kingdom, United States, and Other Countries.
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