RBF Capital LLC Has $3.73 Million Holdings in Arrow Electronics, Inc. (NYSE:ARW)

RBF Capital LLC decreased its position in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) by 34.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,000 shares of the technology company's stock after selling 17,500 shares during the period. RBF Capital LLC owned about 0.06% of Arrow Electronics worth $3,733,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. FMR LLC increased its holdings in Arrow Electronics by 208.8% during the 4th quarter. FMR LLC now owns 1,343,090 shares of the technology company's stock valued at $151,930,000 after purchasing an additional 908,185 shares in the last quarter. Fiduciary Management Inc. WI grew its holdings in shares of Arrow Electronics by 44.1% during the fourth quarter. Fiduciary Management Inc. WI now owns 1,548,925 shares of the technology company's stock worth $175,214,000 after purchasing an additional 473,909 shares during the last quarter. Boston Partners increased its stake in shares of Arrow Electronics by 14.8% in the fourth quarter. Boston Partners now owns 2,474,074 shares of the technology company's stock valued at $280,138,000 after buying an additional 318,329 shares in the last quarter. Lind Value II ApS raised 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 last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Arrow Electronics by 115.0% in the third quarter. JPMorgan Chase & Co. now owns 315,800 shares of the technology company's stock valued at $41,948,000 after buying an additional 168,904 shares during the last quarter. Institutional investors own 99.34% of the company's stock.

Insider Buying and Selling at Arrow Electronics

In related news, CAO Yun Sung Cho sold 237 shares of the company's stock in a transaction dated Friday, February 14th. The stock was 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 owns 2,086 shares in the company, valued at approximately $226,810.78. This represents a 10.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director William F. Austen bought 1,900 shares of the business's stock in a transaction on Wednesday, March 12th. The stock was bought at an average cost of $104.12 per share, for a total transaction of $197,828.00. Following the purchase, the director now directly owns 7,858 shares of the company's stock, valued at approximately $818,174.96. This trade represents a 31.89 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 1.00% of the company's stock.

Arrow Electronics Price Performance

Shares of ARW stock opened at $104.93 on Wednesday. The company has a quick ratio of 1.08, a current ratio of 1.46 and a debt-to-equity ratio of 0.48. Arrow Electronics, Inc. has a 12 month low of $86.50 and a 12 month high of $137.80. The firm has a market cap of $5.44 billion, a price-to-earnings ratio of 14.41, a PEG ratio of 0.52 and a beta of 1.18. The stock has a 50-day moving average price of $104.27 and a 200 day moving average price of $114.33.

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

Analyst Upgrades and Downgrades

Several research firms have weighed in on ARW. Bank of America cut shares of Arrow Electronics from a "neutral" rating to an "underperform" rating in a research report on Friday, February 7th. Wells Fargo & Company lowered their price target on shares of Arrow Electronics from $100.00 to $98.00 and set an "underweight" rating for the company in a report on Friday, February 7th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the company has an average 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.

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