The price of Arm Holdings plc. ADR (NASDAQ:ARM) shares last traded on Wall Street fell -5.49% to $128.10.
ARM stock price is now 11.38% away from the 50-day moving average and -4.25% away from the 200-day moving average. The market capitalization of the company currently stands at $135.40B.
With the price target reduced from $200 to $155, TD Cowen maintained Buy rating for Arm Holdings plc. ADR (NASDAQ: ARM). On November 25, 2024, UBS recently initiated its ‘Buy’ rating on the stock quoting a target price of $160, while ‘Wells Fargo’ rates the stock as ‘Overweight’
In other news, Child Jason, Officer bought 20,160 shares of the company’s stock on May 22 ’25. The stock was bought for $2,616,768 at an average price of $129.80. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 20 ’25, Officer Child Jason bought 9,220 shares of the business’s stock. A total of $1,412,504 was incurred on buying the stock at an average price of $153.20. 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 $80.00 and a high of $188.75. As of last week, the company has a debt-to-equity ratio of 0.05, a current ratio of 5.20, and a quick ratio of 5.20.
The net profit margin was 19.77% and return on equity was 13.05% for ARM. The company reported revenue of $1.24 billion for the quarter, compared to $928.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 33.73 percent.
