In the latest trading session,, 1.84 million Arm Holdings plc. ADR (NASDAQ:ARM) shares changed hands as the company’s beta touched 4.24. With the company’s most recent per share price at $164.17 changed hands at -$1.29 or -0.78% at last look, the market valuation stands at $173.53B. ARM’s current price is a discount, trading about -14.97% off its 52-week high of $188.75. The share price had its 52-week low at $80.00, which suggests the last value was 51.27% up since then. When we look at Arm Holdings plc. ADR’s average trading volume, we note the 10-day average is 4.79 million shares, with the 3-month average coming to 5.36 million.
Analysts gave the Arm Holdings plc. ADR (ARM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.02. If we narrow down to specifics, the data shows that 0 out of 11 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended ARM as a Hold, 9 felt it is a Buy and 0 rated the stock as Underweight.
Arm Holdings plc. ADR (NASDAQ:ARM) trade information
Instantly ARM was in red as seen in intraday trades today. With action 9.94%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -0.33%, with the 5-day performance at 9.94% in the green. However, in the 30-day time frame, Arm Holdings plc. ADR (NASDAQ:ARM) is 28.16% up. Looking at the short shares, we see there were 17.48 million shares sold at short interest cover period of 3.78 days.
The consensus price target for the stock as assigned by Wall Street analysts is 144.5, meaning bulls need a downside of -13.61% from its recent market value. According to analyst projections, ARM’s forecast low is 60 with 190 as the target high. To hit the forecast high, the stock’s price needs a -15.73% plunge from its current level, while the stock would need to tank 63.45% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 18.47%. The 2025 estimates are for Arm Holdings plc. ADR earnings to increase by 9.42%, but the outlook for the next 5-year period is at 21.90% per year.
ARM Dividends
Arm Holdings plc. ADR is expected to release its next quarterly earnings report on 2025-May-07.
Arm Holdings plc. ADR (NASDAQ:ARM)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.15% of Arm Holdings plc. ADR shares while 95.12% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 95.27%. There are 95.12% institutions holding the Arm Holdings plc. ADR stock share, with AUSTIN PRIVATE WEALTH, LLC the top institutional holder. As of 2024-06-30, the company held 1.9157% of the shares, roughly 20.0 million ARM shares worth $328.0.
SUSQUEHANNA INTERNATIONAL GROUP, LLP holds the second largest percentage of outstanding shares, with 0.6156% or 6.43 million shares worth $1.05 billion as of 2024-06-30.
