Aperio Group LLC lifted its stake in Arrow Electronics, Inc. (NYSE:ARW) by 50.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 163,505 shares of the technology company’s stock after purchasing an additional 55,015 shares during the quarter. Aperio Group LLC’s holdings in Arrow Electronics were worth $13,147,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Advisory Services Network LLC boosted its holdings in shares of Arrow Electronics by 489.5% in the 2nd quarter. Advisory Services Network LLC now owns 1,409 shares of the technology company’s stock worth $110,000 after purchasing an additional 1,170 shares during the period. Cerebellum GP LLC purchased a new position in shares of Arrow Electronics in the 4th quarter worth approximately $132,000. Advisor Group Inc. boosted its holdings in shares of Arrow Electronics by 76.1% in the 3rd quarter. Advisor Group Inc. now owns 1,819 shares of the technology company’s stock worth $145,000 after purchasing an additional 786 shares during the period. Paragon Capital Management Ltd purchased a new position in shares of Arrow Electronics in the 3rd quarter worth approximately $201,000. Finally, Boothbay Fund Management LLC purchased a new position in shares of Arrow Electronics in the 3rd quarter worth approximately $212,000. Hedge funds and other institutional investors own 93.17% of the company’s stock.

Arrow Electronics, Inc. (NYSE:ARW) opened at $79.62 on Thursday. Arrow Electronics, Inc. has a 1-year low of $69.67 and a 1-year high of $87.26. The company has a current ratio of 1.58, a quick ratio of 1.13 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $7,030.00, a price-to-earnings ratio of 17.81, a P/E/G ratio of 0.84 and a beta of 1.17.

Arrow Electronics (NYSE:ARW) last posted its quarterly earnings data on Tuesday, February 6th. The technology company reported $2.51 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.30 by $0.21. Arrow Electronics had a return on equity of 13.63% and a net margin of 2.00%. The company had revenue of $7.63 billion during the quarter, compared to analysts’ expectations of $7.46 billion. During the same quarter in the previous year, the business earned $2.00 EPS. Arrow Electronics’s revenue was up 18.5% compared to the same quarter last year. equities analysts expect that Arrow Electronics, Inc. will post 7.36 earnings per share for the current year.

Separately, Zacks Investment Research cut Arrow Electronics from a “buy” rating to a “hold” rating in a report on Tuesday, January 2nd.

In related news, SVP Matthew R. Anderson sold 1,416 shares of the business’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $79.00, for a total transaction of $111,864.00. Following the completion of the transaction, the senior vice president now owns 1,416 shares in the company, valued at approximately $111,864. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Sean J. Kerins sold 3,816 shares of Arrow Electronics stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $78.87, for a total value of $300,967.92. Following the sale, the insider now directly owns 25,552 shares of the company’s stock, valued at $2,015,286.24. The disclosure for this sale can be found here. 1.20% of the stock is owned by insiders.

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About Arrow Electronics

Arrow Electronics, Inc is a provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The Company has a portfolio of product offerings available from various electronic components and enterprise computing solutions suppliers.

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Institutional Ownership by Quarter for Arrow Electronics (NYSE:ARW)

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