There’s Still Time to Buy Arm Holdings plc. ADR (NASDAQ:ARM) Stock

In Wednesday’s Wall Street session, Arm Holdings plc. ADR (NASDAQ:ARM) shares traded at $124.78, up 1.87% from the previous session.

ARM stock price is now -14.48% away from the 50-day moving average and -12.55% away from the 200-day moving average. The market capitalization of the company currently stands at $131.52B.

With the price target of $160, UBS recently initiated with Buy rating for Arm Holdings plc. ADR (NASDAQ: ARM). On November 22, 2024, Wells Fargo recently initiated its ‘Overweight’ rating on the stock quoting a target price of $155, while ‘TD Cowen’ rates the stock as ‘Buy’

In other news, Child Jason, Officer bought 9,220 shares of the company’s stock on Feb 20 ’25. The stock was bought for $1,412,504 at an average price of $153.20. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 22 ’25, Officer Child Jason bought 10,080 shares of the business’s stock. A total of $1,764,000 was incurred on buying the stock at an average price of $175.00. A total of 0.45% of the company’s stock is owned by insiders.

During the past 12 months, Arm Holdings plc. ADR has had a low of $85.61 and a high of $188.75. As of last week, the company has a debt-to-equity ratio of 0.04, a current ratio of 4.96, and a quick ratio of 4.96.

The net profit margin was 21.82% and return on equity was 14.11% for ARM. The company reported revenue of $983.0 million for the quarter, compared to $824.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 19.3 percent.

Related Posts

Fosters Research
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.