PNC Financial Services Group Inc. Sells 3,106 Shares of ARM Holdings PLC Sponsored ADR $ARM

PNC Financial Services Group Inc. reduced its stake in ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 26.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,636 shares of the company’s stock after selling 3,106 shares during the quarter. PNC Financial Services Group Inc.’s holdings in ARM were worth $1,306,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in ARM. Syntax Research Inc. bought a new position in ARM during the 1st quarter worth approximately $30,000. Mcguire Capital Advisors Inc. acquired a new position in shares of ARM in the 4th quarter worth approximately $30,000. Navalign LLC bought a new stake in shares of ARM in the 4th quarter valued at $33,000. FWL Investment Management LLC bought a new stake in shares of ARM in the 2nd quarter valued at $34,000. Finally, Motiv8 Investments LLC acquired a new stake in shares of ARM during the fourth quarter worth $38,000. 7.53% of the stock is currently owned by institutional investors.

ARM Stock Down 0.8%

ARM stock opened at $239.69 on Friday. The company has a market capitalization of $256.01 billion, a PE ratio of 247.11, a PEG ratio of 7.51 and a beta of 3.76. ARM Holdings PLC Sponsored ADR has a 12-month low of $100.02 and a 12-month high of $452.70. The firm’s fifty day moving average is $328.64 and its 200 day moving average is $212.90.

ARM (NASDAQ:ARM) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.05. ARM had a net margin of 20.25% and a return on equity of 12.24%. The business had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.26 billion. During the same period last year, the company posted $0.35 earnings per share. The business’s quarterly revenue was up 22.4% on a year-over-year basis. ARM has set its Q2 2027 guidance at 0.430-0.510 EPS. Sell-side analysts expect that ARM Holdings PLC Sponsored ADR will post 1.12 EPS for the current fiscal year.

Insider Activity

In related news, insider Richard Roy Grisenthwaite sold 24,339 shares of the business’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $209.15, for a total value of $5,090,501.85. Following the completion of the sale, the insider directly owned 5,543 shares of the company’s stock, valued at $1,159,318.45. The trade was a 81.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Laura Kathleen Bartels sold 11,306 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $392.70, for a total value of $4,439,866.20. Following the completion of the sale, the chief accounting officer directly owned 12,135 shares of the company’s stock, valued at $4,765,414.50. The trade was a 48.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 216,049 shares of company stock valued at $52,101,605.

ARM News Roundup

Here are the key news stories impacting ARM this week:

• Positive Sentiment: Arm reported fiscal first-quarter revenue of $1.29 billion, up 22.4% year over year, and adjusted EPS of $0.45, beating analyst estimates. Management also issued second-quarter guidance above consensus, supported by rising AI and data-center demand. Arm shares jump after Q1 revenue, profit beat estimates
• Positive Sentiment: Data-center royalty revenue reportedly doubled, while demand for Arm’s AI-focused CPU and upcoming AGI CPU platform is strengthening. One report said customer demand for the AGI CPU has topped $2 billion, reinforcing the long-term AI infrastructure opportunity. ARM Q1 Earnings Call Highlights AI CPU Demand and Data Center Growth
• Positive Sentiment: Citi reiterated its Buy rating and $300 price target, saying Arm remains well positioned for long-term AI infrastructure growth despite weaker handset conditions. Arm remains key AI infrastructure beneficiary despite softer handset outlook
• Neutral Sentiment: Rosenblatt lowered its target to $250 while maintaining Buy; TD Cowen cut its target to $350 and RBC reduced its target to $340, although both retained positive ratings. Morgan Stanley raised its target to $212 but kept an Equal Weight rating.
• Negative Sentiment: Investors remain concerned that second-quarter royalty growth of roughly 13% will be restrained by smartphone weakness and memory-price pressures. These near-term concerns overshadowed the earnings beat for some shareholders. Memory Prices Hit Arm’s Royalties as Stock Falls
• Negative Sentiment: Valuation remains a major risk: ARM has gained 110.5% year to date and trades at a very high earnings multiple. Analysts warn that continued gains require exceptional execution across AI servers, cloud, edge, and automotive markets, leaving the stock vulnerable if growth slows or the AGI CPU rollout disappoints.

Analysts Set New Price Targets

A number of brokerages recently weighed in on ARM. Jefferies Financial Group reissued a “buy” rating and set a $320.00 target price on shares of ARM in a research note on Monday, July 20th. KeyCorp upped their price target on shares of ARM from $300.00 to $430.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Wells Fargo & Company decreased their price target on ARM from $350.00 to $280.00 and set an “overweight” rating for the company in a report on Thursday. Royal Bank Of Canada lowered their price objective on ARM from $475.00 to $340.00 and set an “outperform” rating for the company in a research report on Thursday. Finally, Sanford C. Bernstein set a $500.00 price objective on ARM in a research note on Wednesday, June 17th. Eighteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $285.33.

ARM 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.