Robeco Schweiz AG Reduces Holdings in Arm Holdings plc (NASDAQ:ARM)

Robeco Schweiz AG cut its position in shares of Arm Holdings plc (NASDAQ:ARM - Free Report) by 19.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 845,005 shares of the company's stock after selling 210,005 shares during the quarter. ARM makes up about 2.2% of Robeco Schweiz AG's holdings, making the stock its 12th biggest position. Robeco Schweiz AG owned approximately 0.08% of ARM worth $104,240,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Berbice Capital Management LLC purchased a new stake in shares of ARM during the fourth quarter valued at approximately $49,000. Quantbot Technologies LP purchased a new stake in shares of ARM during the 3rd quarter valued at $52,000. Farther Finance Advisors LLC increased its position in shares of ARM by 45.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 417 shares of the company's stock valued at $60,000 after purchasing an additional 131 shares during the last quarter. Valley National Advisers Inc. raised its stake in shares of ARM by 13.3% during the 4th quarter. Valley National Advisers Inc. now owns 613 shares of the company's stock worth $75,000 after purchasing an additional 72 shares during the period. Finally, MCF Advisors LLC purchased a new position in shares of ARM in the 4th quarter worth about $83,000. Hedge funds and other institutional investors own 7.53% of the company's stock.

ARM Stock Performance

ARM traded up $1.35 during trading on Friday, reaching $131.69. The stock had a trading volume of 4,245,912 shares, compared to its average volume of 6,374,628. The stock has a market cap of $137.99 billion, a PE ratio of 173.28, a PEG ratio of 6.33 and a beta of 4.57. Arm Holdings plc has a one year low of $85.61 and a one year high of $188.75. The business has a 50-day moving average of $147.44 and a 200-day moving average of $142.08.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on ARM. UBS Group assumed coverage on shares of ARM in a report on Monday, November 25th. They set a "buy" rating and a $160.00 price objective for the company. Raymond James raised their price target on shares of ARM from $160.00 to $175.00 and gave the stock an "outperform" rating in a research note on Thursday, February 6th. Citigroup upped their price objective on ARM from $170.00 to $200.00 and gave the company a "buy" rating in a research note on Thursday, February 6th. Needham & Company LLC reissued a "hold" rating on shares of ARM in a report on Thursday, February 6th. Finally, Susquehanna boosted their target price on ARM from $118.00 to $140.00 and gave the company a "neutral" rating in a research note on Wednesday, January 22nd. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $165.23.

About ARM

Arm Holdings Plc engages in the licensing, marketing, research, and development of microprocessors, systems IP, graphics processing units, physical IP and associated systems IP, software, and tools. It operates through the following geographical segments: United Kingdom, United States, and Other Countries.