Arrow Electronics (NYSE:ARW) CEO William Austen Purchases 3,960 Shares of Stock

Arrow Electronics, Inc. (NYSE:ARWGet Free Report) CEO William Austen acquired 3,960 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The shares were purchased at an average cost of $151.87 per share, for a total transaction of $601,405.20. Following the acquisition, the chief executive officer owned 44,722 shares in the company, valued at $6,791,930.14. This represents a 9.71% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Arrow Electronics Price Performance

Shares of ARW opened at $157.05 on Friday. The company has a quick ratio of 1.09, a current ratio of 1.36 and a debt-to-equity ratio of 0.46. The stock has a market cap of $8.02 billion, a PE ratio of 14.36, a PEG ratio of 0.77 and a beta of 1.04. Arrow Electronics, Inc. has a 12-month low of $86.50 and a 12-month high of $160.63. The business has a 50-day simple moving average of $126.36 and a two-hundred day simple moving average of $121.07.

Arrow Electronics (NYSE:ARWGet Free Report) last announced its quarterly earnings results on Thursday, February 5th. The technology company reported $4.39 EPS for the quarter, beating analysts’ consensus estimates of $3.55 by $0.84. Arrow Electronics had a return on equity of 9.01% and a net margin of 1.85%.The firm had revenue of $8.75 billion for the quarter, compared to analyst estimates of $8.16 billion. During the same period last year, the firm posted $2.97 earnings per share. The business’s revenue for the quarter was up 20.1% on a year-over-year basis. Arrow Electronics has set its Q1 2026 guidance at 2.130-2.330 EPS. Analysts anticipate that Arrow Electronics, Inc. will post 10.57 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Arrow Electronics

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Root Financial Partners LLC acquired a new stake in Arrow Electronics during the 3rd quarter worth about $26,000. Winnow Wealth LLC bought a new stake in shares of Arrow Electronics during the 3rd quarter valued at about $26,000. Transamerica Financial Advisors LLC acquired a new stake in Arrow Electronics during the fourth quarter worth approximately $27,000. Northwestern Mutual Wealth Management Co. increased its holdings in Arrow Electronics by 112.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the technology company’s stock worth $27,000 after purchasing an additional 131 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new position in Arrow Electronics in the third quarter valued at approximately $31,000. Institutional investors and hedge funds own 99.34% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Truist Financial upped their price target on shares of Arrow Electronics from $120.00 to $148.00 and gave the company a “hold” rating in a research report on Friday, February 6th. Wells Fargo & Company increased their price objective on Arrow Electronics from $94.00 to $115.00 and gave the company an “underweight” rating in a report on Friday, February 6th. Wall Street Zen raised Arrow Electronics from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Finally, Zacks Research upgraded Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Arrow Electronics has a consensus rating of “Hold” and an average target price of $124.33.

Check Out Our Latest Research Report on Arrow Electronics

Arrow Electronics Company Profile

(Get Free Report)

Arrow Electronics (NYSE: ARW) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The company offers a broad portfolio of semiconductors, passives, connectors, electromechanical devices and embedded solutions, serving customers across diverse end markets including automotive, communications, computing, aerospace, defense and healthcare. Through its extensive supplier relationships, Arrow enables design engineers to identify and procure components required for the development of new electronic systems and devices.

In addition to component distribution, Arrow delivers value-added services such as design engineering support, supply chain management, global logistics and technical training.

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