ARM Holdings PLC Sponsored ADR $ARM is Renaissance Capital LLC’s 4th Largest Position

Renaissance Capital LLC raised its stake in ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 4.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 104,090 shares of the company’s stock after acquiring an additional 4,527 shares during the period. ARM accounts for 8.3% of Renaissance Capital LLC’s portfolio, making the stock its 4th biggest position. Renaissance Capital LLC’s holdings in ARM were worth $14,728,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of ARM. GAMMA Investing LLC lifted its holdings in shares of ARM by 126.0% during the third quarter. GAMMA Investing LLC now owns 174 shares of the company’s stock worth $25,000 after purchasing an additional 97 shares during the period. Huntington National Bank purchased a new position in ARM during the 2nd quarter worth $30,000. FWL Investment Management LLC acquired a new stake in shares of ARM in the 2nd quarter worth $34,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of ARM in the second quarter valued at about $39,000. Finally, WFA of San Diego LLC purchased a new stake in shares of ARM in the second quarter valued at about $49,000. Hedge funds and other institutional investors own 7.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. JPMorgan Chase & Co. raised their price objective on shares of ARM from $175.00 to $180.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. Benchmark reissued a “hold” rating on shares of ARM in a report on Thursday, November 6th. TD Cowen lifted their price target on ARM from $175.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Barclays increased their price objective on ARM from $115.00 to $165.00 and gave the stock an “overweight” rating in a research report on Thursday, November 6th. Finally, Morgan Stanley reduced their target price on ARM from $180.00 to $171.00 and set an “overweight” rating for the company in a report on Thursday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $178.30.

ARM Price Performance

ARM stock opened at $110.86 on Wednesday. ARM Holdings PLC Sponsored ADR has a 12 month low of $80.00 and a 12 month high of $183.16. The firm has a market capitalization of $117.12 billion, a PE ratio of 142.13, a P/E/G ratio of 6.62 and a beta of 4.23. The company’s 50 day simple moving average is $139.76 and its 200-day simple moving average is $145.96.

ARM (NASDAQ:ARM) last announced its earnings results on Wednesday, November 5th. The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.06. ARM had a return on equity of 15.03% and a net margin of 18.81%.The firm had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter in the prior year, the firm earned $0.30 EPS. ARM’s quarterly revenue was up 34.5% on a year-over-year basis. ARM has set its Q3 2026 guidance at 0.370-0.450 EPS. As a group, sell-side analysts anticipate that ARM Holdings PLC Sponsored ADR will post 0.9 earnings per share for the current year.

ARM Company Profile

Arm Limited (NASDAQ: ARM) is a global semiconductor IP company best known for designing energy-efficient processor architectures and related technologies that underpin a wide range of computing devices. Founded in 1990 as a joint venture between Acorn Computers, Apple and VLSI Technology and headquartered in Cambridge, England, Arm develops the ARM instruction set architectures and core processor designs that chipmakers license and integrate into custom system-on-chip (SoC) products. The company operates a licensing and royalty business model rather than manufacturing chips itself.

Arm’s product portfolio includes CPU core families (such as Cortex and Neoverse lines), GPU and multimedia IP (Mali), neural processing units (Ethos) and a suite of system and physical IP blocks.