Arrow Electronics, Inc. (NYSE:ARW – Get Free Report) was the target of a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 2,214,563 shares, a decline of 26.1% from the January 29th total of 2,996,167 shares. Based on an average daily trading volume, of 975,549 shares, the short-interest ratio is currently 2.3 days. Currently, 4.4% of the shares of the company are sold short. Currently, 4.4% of the shares of the company are sold short. Based on an average daily trading volume, of 975,549 shares, the short-interest ratio is currently 2.3 days.
Insider Buying and Selling at Arrow Electronics
In related news, insider Eric Nowak sold 12,699 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $157.09, for a total value of $1,994,885.91. Following the sale, the insider owned 43,509 shares of the company’s stock, valued at approximately $6,834,828.81. This trade represents a 22.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Richard John Marano sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $155.32, for a total value of $388,300.00. Following the transaction, the insider owned 24,096 shares of the company’s stock, valued at $3,742,590.72. This represents a 9.40% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 19,199 shares of company stock worth $3,009,786 in the last quarter. 0.80% of the stock is currently owned by corporate insiders.
Institutional Trading of Arrow Electronics
Hedge funds have recently modified their holdings of the stock. Root Financial Partners LLC bought a new stake in shares of Arrow Electronics in the third quarter valued at about $26,000. Winnow Wealth LLC bought a new position in shares of Arrow Electronics in the third quarter worth $26,000. Transamerica Financial Advisors LLC bought a new stake in Arrow Electronics during the fourth quarter worth about $27,000. Northwestern Mutual Wealth Management Co. grew its stake in Arrow Electronics by 112.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the technology company’s stock worth $27,000 after buying an additional 131 shares in the last quarter. Finally, Advisory Services Network LLC bought a new position in Arrow Electronics in the 3rd quarter valued at about $31,000. Institutional investors and hedge funds own 99.34% of the company’s stock.
Arrow Electronics Trading Down 1.4%
Arrow Electronics (NYSE:ARW – Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The technology company reported $4.39 earnings per share for the quarter, beating analysts’ consensus estimates of $3.55 by $0.84. The firm had revenue of $8.75 billion for the quarter, compared to analyst estimates of $8.16 billion. Arrow Electronics had a net margin of 1.85% and a return on equity of 9.01%. The business’s revenue was up 20.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.97 earnings per share. Arrow Electronics has set its Q1 2026 guidance at 2.130-2.330 EPS. On average, equities research analysts forecast that Arrow Electronics will post 10.57 earnings per share for the current year.
Analysts Set New Price Targets
Several equities analysts have weighed in on ARW shares. Zacks Research upgraded Arrow Electronics from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. Wells Fargo & Company lifted their price target on Arrow Electronics from $94.00 to $115.00 and gave the stock an “underweight” rating in a research report on Friday, February 6th. Truist Financial boosted their price target on Arrow Electronics from $120.00 to $148.00 and gave the company a “hold” rating in a research note on Friday, February 6th. Weiss Ratings upgraded shares of Arrow Electronics from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday. Finally, Wall Street Zen raised shares of Arrow Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Arrow Electronics currently has an average rating of “Hold” and an average target price of $124.33.
Read Our Latest Report on Arrow Electronics
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.
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