Insider Selling: ARM (NASDAQ:ARM) Insider Sells 4,200 Shares of Stock

Key Points

  • Arm insider William Abbey sold 4,200 shares on May 28 at an average price of $343.81, bringing in about $1.44 million. After the sale, he still owned 27,129 shares, and the transaction reduced his stake by 13.41%.
  • Abbey has been selling shares repeatedly in recent weeks, including multiple transactions in May and April at progressively lower prices. The latest sale is part of a broader pattern of insider selling rather than a one-off move.
  • Despite the insider sale, Arm’s stock has surged sharply, recently trading near $408.85 with a 52-week high of $421.69. The company is also benefiting from upbeat analyst sentiment and AI-related news, including Nvidia’s Arm-based PC push.

ARM Holdings PLC Sponsored ADR (NASDAQ:ARM - Get Free Report) insider William Abbey sold 4,200 shares of the business's stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $343.81, for a total value of $1,444,002.00. Following the completion of the transaction, the insider directly owned 27,129 shares of the company's stock, valued at $9,327,221.49. The trade was a 13.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

William Abbey also recently made the following trade(s):

  • On Friday, May 22nd, William Abbey sold 2,300 shares of ARM stock. The stock was sold at an average price of $305.82, for a total value of $703,386.00.
  • On Thursday, May 21st, William Abbey sold 4,655 shares of ARM stock. The stock was sold at an average price of $287.03, for a total value of $1,336,124.65.
  • On Wednesday, May 20th, William Abbey sold 5,069 shares of ARM stock. The stock was sold at an average price of $257.18, for a total value of $1,303,645.42.
  • On Tuesday, May 19th, William Abbey sold 10,887 shares of ARM stock. The stock was sold at an average price of $224.14, for a total value of $2,440,212.18.
  • On Friday, May 15th, William Abbey sold 7,000 shares of ARM stock. The stock was sold at an average price of $212.55, for a total value of $1,487,850.00.
  • On Thursday, April 23rd, William Abbey sold 1,577 shares of ARM stock. The stock was sold at an average price of $199.00, for a total value of $313,823.00.

ARM Price Performance




Shares of ARM stock opened at $408.85 on Tuesday. The company has a market cap of $431.95 billion, a price-to-earnings ratio of 486.73, a PEG ratio of 12.83 and a beta of 3.77. The stock has a 50 day simple moving average of $204.85 and a 200-day simple moving average of $151.19. ARM Holdings PLC Sponsored ADR has a 1-year low of $100.02 and a 1-year high of $421.69.

ARM (NASDAQ:ARM - Get Free Report) last announced its earnings results on Wednesday, April 1st. The company reported $0.60 earnings per share for the quarter. The business had revenue of $1.49 billion during the quarter. ARM had a return on equity of 12.43% and a net margin of 18.37%. Analysts anticipate that ARM Holdings PLC Sponsored ADR will post 1.12 earnings per share for the current fiscal year.

Hedge Funds Weigh In On ARM

A number of hedge funds have recently modified their holdings of ARM. Amundi grew its holdings in shares of ARM by 24.8% during the 1st quarter. Amundi now owns 11,804 shares of the company's stock worth $1,153,000 after purchasing an additional 2,345 shares during the period. Empowered Funds LLC lifted its stake in ARM by 28.8% during the 1st quarter. Empowered Funds LLC now owns 4,887 shares of the company's stock worth $522,000 after acquiring an additional 1,094 shares in the last quarter. Schnieders Capital Management LLC. lifted its stake in ARM by 9.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,430 shares of the company's stock worth $393,000 after acquiring an additional 200 shares in the last quarter. Bank of Nova Scotia acquired a new position in ARM during the 2nd quarter worth about $556,000. Finally, State Street Corp lifted its stake in ARM by 14.7% during the 2nd quarter. State Street Corp now owns 441,445 shares of the company's stock worth $71,399,000 after acquiring an additional 56,656 shares in the last quarter. 7.53% of the stock is currently owned by hedge funds and other institutional investors.

ARM News Roundup

Here are the key news stories impacting ARM this week:

Wall Street Analyst Weigh In

Several analysts have issued reports on ARM shares. TD Cowen upped their target price on ARM from $165.00 to $265.00 and gave the company a "buy" rating in a report on Thursday, May 7th. Rosenblatt Securities upped their target price on ARM from $175.00 to $270.00 and gave the company a "buy" rating in a report on Thursday, May 7th. Needham & Company LLC upped their target price on ARM from $200.00 to $255.00 and gave the company a "buy" rating in a report on Thursday, May 7th. Weiss Ratings restated a "hold (c)" rating on shares of ARM in a report on Monday, April 20th. Finally, Guggenheim upped their target price on ARM from $240.00 to $255.00 and gave the company a "buy" rating in a report on Thursday, May 7th. Twenty investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $226.92.

Check Out Our Latest Stock Analysis on ARM

About ARM

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for ARM (NASDAQ:ARM)

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