Capital Fund Management S.A. Decreases Stake in Arrow Electronics, Inc. (NYSE:ARW)

Capital Fund Management S.A. decreased its position in Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 43.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,687 shares of the technology company's stock after selling 8,969 shares during the period. Capital Fund Management S.A.'s holdings in Arrow Electronics were worth $1,322,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in ARW. Franklin Resources Inc. lifted its holdings in shares of Arrow Electronics by 1,072.6% in the third quarter. Franklin Resources Inc. now owns 41,265 shares of the technology company's stock valued at $5,564,000 after purchasing an additional 37,746 shares in the last quarter. Lind Value II ApS grew its position in shares of Arrow Electronics by 36.3% during the 4th quarter. Lind Value II ApS now owns 648,637 shares of the technology company's stock valued at $73,374,000 after purchasing an additional 172,669 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Arrow Electronics by 115.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 315,800 shares of the technology company's stock valued at $41,948,000 after acquiring an additional 168,904 shares in the last quarter. GAMMA Investing LLC grew its stake in Arrow Electronics by 24.0% in the 4th quarter. GAMMA Investing LLC now owns 862 shares of the technology company's stock worth $98,000 after buying an additional 167 shares in the last quarter. Finally, Polaris Capital Management LLC raised its position in Arrow Electronics by 1.1% during the fourth quarter. Polaris Capital Management LLC now owns 261,203 shares of the technology company's stock valued at $29,547,000 after purchasing an additional 2,800 shares in the last quarter. Institutional investors and hedge funds own 99.34% of the company's stock.

Insider Buying and Selling

In other Arrow Electronics news, CAO Yun Sung Cho sold 353 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $112.11, for a total value of $39,574.83. Following the completion of the sale, the chief accounting officer now owns 1,549 shares in the company, valued at $173,658.39. This represents a 18.56 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director William F. Austen bought 1,900 shares of the firm's stock in a transaction that occurred on Wednesday, March 12th. The shares were purchased at an average cost of $104.12 per share, for a total transaction of $197,828.00. Following the completion of the transaction, the director now owns 7,858 shares of the company's stock, valued at $818,174.96. This represents a 31.89 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.00% of the stock is currently owned by insiders.

Arrow Electronics Price Performance

Shares of ARW stock traded down $0.76 on Monday, reaching $101.43. 24,906 shares of the company were exchanged, compared to its average volume of 471,026. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.08 and a current ratio of 1.46. The business has a 50-day moving average price of $104.43 and a 200 day moving average price of $114.60. The company has a market cap of $5.26 billion, a price-to-earnings ratio of 13.96, a P/E/G ratio of 0.52 and a beta of 1.18. Arrow Electronics, Inc. has a 1 year low of $86.50 and a 1 year high of $137.80.

Arrow Electronics (NYSE:ARW - Get Free Report) last released its earnings results on Thursday, February 13th. The technology company reported $2.97 EPS for the quarter, topping the consensus estimate of $2.80 by $0.17. Arrow Electronics had a return on equity of 9.69% and a net margin of 1.40%. Equities research analysts forecast that Arrow Electronics, Inc. will post 10.57 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on ARW shares. Bank of America lowered Arrow Electronics from a "neutral" rating to an "underperform" rating in a research note on Friday, February 7th. Wells Fargo & Company lowered their target price on Arrow Electronics from $100.00 to $98.00 and set an "underweight" rating for the company in a research note on Friday, February 7th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, Arrow Electronics has a consensus rating of "Hold" and an average target price of $121.25.

Arrow Electronics Company Profile

Arrow Electronics, Inc provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions.