Dynamic Technology Lab Private Ltd Has $932,000 Stake in Arrow Electronics, Inc. (NYSE:ARW)

Dynamic Technology Lab Private Ltd lowered its holdings in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 44.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,240 shares of the technology company's stock after selling 6,638 shares during the period. Dynamic Technology Lab Private Ltd's holdings in Arrow Electronics were worth $932,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the stock. Boston Partners raised its position in shares of Arrow Electronics by 14.8% during the 4th quarter. Boston Partners now owns 2,474,074 shares of the technology company's stock worth $280,138,000 after buying an additional 318,329 shares in the last quarter. Greenhaven Associates Inc. increased its stake in shares of Arrow Electronics by 1.1% during the fourth quarter. Greenhaven Associates Inc. now owns 1,904,857 shares of the technology company's stock valued at $215,477,000 after acquiring an additional 20,484 shares during the period. State Street Corp lifted its position in Arrow Electronics by 0.3% in the third quarter. State Street Corp now owns 1,689,695 shares of the technology company's stock worth $224,442,000 after purchasing an additional 4,811 shares during the period. Sei Investments Co. boosted its stake in Arrow Electronics by 6.3% during the 4th quarter. Sei Investments Co. now owns 770,975 shares of the technology company's stock valued at $87,214,000 after purchasing an additional 45,593 shares in the last quarter. Finally, Lind Value II ApS lifted its holdings in shares of Arrow Electronics by 36.3% in the fourth quarter. Lind Value II ApS now owns 648,637 shares of the technology company's stock valued at $73,374,000 after buying an additional 172,669 shares during the period. Institutional investors and hedge funds own 99.34% of the company's stock.

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Arrow Electronics Stock Up 0.5 %

NYSE:ARW traded up $0.45 during trading hours on Friday, hitting $97.13. 98,820 shares of the company's stock traded hands, compared to its average volume of 467,506. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.08 and a current ratio of 1.46. Arrow Electronics, Inc. has a twelve month low of $86.50 and a twelve month high of $137.80. The stock's fifty day moving average price is $105.58 and its two-hundred day moving average price is $116.03. The firm has a market cap of $5.04 billion, a P/E ratio of 13.34, a P/E/G ratio of 0.52 and a beta of 1.18.

Arrow Electronics (NYSE:ARW - Get Free Report) last posted its quarterly 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 net margin of 1.40% and a return on equity of 9.69%. On average, research analysts expect that Arrow Electronics, Inc. will post 10.57 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ARW has been the subject of a number of research analyst reports. Bank of America downgraded shares of Arrow Electronics from a "neutral" rating to an "underperform" rating in a report on Friday, February 7th. Wells Fargo & Company decreased their price target on Arrow Electronics from $100.00 to $98.00 and set an "underweight" rating for the company in a research report on Friday, February 7th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat.com, Arrow Electronics has a consensus rating of "Hold" and an average price target of $121.25.

Insider Activity

In other Arrow Electronics news, CAO Yun Sung Cho sold 237 shares of Arrow Electronics stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $108.73, for a total value of $25,769.01. Following the completion of the sale, the chief accounting officer now directly owns 2,086 shares in the company, valued at $226,810.78. The trade was a 10.20 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director William F. Austen purchased 1,900 shares of the business's stock in a transaction dated Wednesday, March 12th. The shares were acquired at an average price of $104.12 per share, for a total transaction of $197,828.00. Following the acquisition, the director now directly owns 7,858 shares in the company, valued at $818,174.96. This represents a 31.89 % increase in their position. The disclosure for this purchase can be found here. 0.80% of the stock is currently owned by corporate insiders.

About Arrow Electronics

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.