Insight Wealth Strategies LLC Makes New $4.79 Million Investment in Arrow Electronics, Inc. $ARW

Insight Wealth Strategies LLC purchased a new stake in Arrow Electronics, Inc. (NYSE:ARW) during the 2nd quarter, Holdings Channel reports. The fund purchased 22,863 shares of the technology company’s stock, valued at approximately $4,792,000.

Several other large investors have also modified their holdings of the business. Bayban purchased a new position in shares of Arrow Electronics during the 1st quarter worth approximately $26,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Arrow Electronics by 112.0% during the 4th 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 during the last quarter. Transamerica Financial Advisors LLC purchased a new stake in Arrow Electronics in the 4th quarter valued at approximately $27,000. Advisory Services Network LLC purchased a new stake in Arrow Electronics in the 3rd quarter valued at approximately $31,000. Finally, Quarry LP acquired a new stake in Arrow Electronics during the 3rd quarter valued at $33,000. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Arrow Electronics Stock Up 1.9%

Shares of NYSE ARW opened at $206.41 on Wednesday. Arrow Electronics, Inc. has a 1 year low of $101.79 and a 1 year high of $237.33. The firm’s 50 day moving average price is $215.03 and its 200 day moving average price is $182.33. The firm has a market cap of $10.55 billion, a P/E ratio of 13.19, a price-to-earnings-growth ratio of 0.31 and a beta of 1.20. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.01 and a current ratio of 1.22.

Arrow Electronics (NYSE:ARW) last issued its quarterly earnings results on Thursday, August 6th. The technology company reported $5.45 earnings per share for the quarter, beating the consensus estimate of $4.45 by $1.00. The company had revenue of $9.99 billion during the quarter, compared to the consensus estimate of $9.67 billion. Arrow Electronics had a return on equity of 13.41% and a net margin of 2.26%.During the same period in the previous year, the firm posted $2.43 EPS. Arrow Electronics’s revenue was up 31.8% on a year-over-year basis. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. As a group, sell-side analysts anticipate that Arrow Electronics, Inc. will post 20.44 earnings per share for the current year.

Arrow Electronics announced that its board has initiated a stock buyback program on Wednesday, May 13th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the technology company to repurchase up to 9.7% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board believes its shares are undervalued.

Insiders Place Their Bets

In related news, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $216.00, for a total transaction of $648,000.00. Following the transaction, the senior vice president directly owned 12,626 shares in the company, valued at approximately $2,727,216. This represents a 19.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Eric Nowak sold 3,473 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $210.99, for a total value of $732,768.27. Following the completion of the sale, the insider directly owned 48,835 shares in the company, valued at approximately $10,303,696.65. The trade was a 6.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is owned by insiders.

Analyst Ratings Changes

ARW has been the subject of several recent research reports. Bank of America raised Arrow Electronics from an “underperform” rating to a “neutral” rating and raised their price target for the stock from $122.00 to $233.00 in a research report on Wednesday, May 13th. Raymond James Financial restated an “outperform” rating and issued a $250.00 price objective on shares of Arrow Electronics in a research report on Friday. Zacks Research lowered Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 3rd. Wells Fargo & Company lifted their price objective on Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a research report on Friday, August 7th. Finally, Truist Financial cut their target price on shares of Arrow Electronics from $260.00 to $250.00 and set a “buy” rating for the company in a research note on Friday, August 7th. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $233.25.

About Arrow Electronics

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.