Stephens Inc. AR Has $493,000 Stock Position in Arm Holdings plc (NASDAQ:ARM)

Stephens Inc. AR trimmed its position in Arm Holdings plc (NASDAQ:ARM - Free Report) by 71.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,000 shares of the company's stock after selling 9,770 shares during the quarter. Stephens Inc. AR's holdings in ARM were worth $493,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Valley National Advisers Inc. grew its holdings in ARM by 13.3% in the 4th quarter. Valley National Advisers Inc. now owns 613 shares of the company's stock valued at $75,000 after buying an additional 72 shares in the last quarter. Louisiana State Employees Retirement System lifted its position in shares of ARM by 1.1% during the 3rd quarter. Louisiana State Employees Retirement System now owns 9,500 shares of the company's stock valued at $1,359,000 after acquiring an additional 100 shares during the period. Hobbs Group Advisors LLC lifted its position in shares of ARM by 7.4% during the 3rd quarter. Hobbs Group Advisors LLC now owns 1,454 shares of the company's stock valued at $208,000 after acquiring an additional 100 shares during the period. Great Valley Advisor Group Inc. lifted its position in shares of ARM by 5.5% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 1,963 shares of the company's stock valued at $281,000 after acquiring an additional 102 shares during the period. Finally, Crescent Sterling Ltd. lifted its position in shares of ARM by 6.5% during the 4th quarter. Crescent Sterling Ltd. now owns 1,879 shares of the company's stock valued at $232,000 after acquiring an additional 114 shares during the period. 7.53% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Wells Fargo & Company upped their target price on ARM from $162.00 to $185.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Rosenblatt Securities upped their target price on ARM from $180.00 to $225.00 and gave the company a "buy" rating in a research report on Thursday, February 6th. Needham & Company LLC restated a "hold" rating on shares of ARM in a research report on Thursday, February 6th. Evercore ISI upped their price objective on ARM from $176.00 to $202.00 and gave the stock an "outperform" rating in a research report on Thursday, February 6th. Finally, JPMorgan Chase & Co. upped their price objective on ARM from $160.00 to $175.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, ARM has an average rating of "Moderate Buy" and a consensus target price of $162.83.

ARM Stock Performance

Shares of ARM stock traded down $2.49 on Tuesday, hitting $157.05. The company had a trading volume of 2,332,229 shares, compared to its average volume of 6,773,976. The firm has a market cap of $164.56 billion, a P/E ratio of 206.51, a P/E/G ratio of 7.83 and a beta of 4.57. The stock's 50-day moving average is $147.04 and its two-hundred day moving average is $140.48. Arm Holdings plc has a twelve month low of $85.61 and a twelve month high of $188.75.

ARM Profile

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.