Long Corridor Asset Management Ltd Acquires Shares of 28,800 ARM Holdings PLC Sponsored ADR $ARM

Long Corridor Asset Management Ltd bought a new position in ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 28,800 shares of the company’s stock, valued at approximately $4,075,000. ARM comprises about 1.7% of Long Corridor Asset Management Ltd’s investment portfolio, making the stock its 13th biggest holding.

A number of other hedge funds also recently made changes to their positions in ARM. Amundi grew its holdings in shares of ARM by 24.8% in the first quarter. Amundi now owns 11,804 shares of the company’s stock valued at $1,153,000 after purchasing an additional 2,345 shares in the last quarter. Empowered Funds LLC raised its stake in ARM by 28.8% during the first quarter. Empowered Funds LLC now owns 4,887 shares of the company’s stock valued at $522,000 after purchasing an additional 1,094 shares in the last quarter. Schnieders Capital Management LLC. lifted its position in ARM by 9.0% during the second quarter. Schnieders Capital Management LLC. now owns 2,430 shares of the company’s stock valued at $393,000 after purchasing an additional 200 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in ARM by 74.6% during the second quarter. Envestnet Asset Management Inc. now owns 71,851 shares of the company’s stock valued at $11,621,000 after purchasing an additional 30,692 shares during the last quarter. Finally, Atria Investments Inc purchased a new position in shares of ARM in the 2nd quarter worth $268,000. 7.53% of the stock is currently owned by hedge funds and other institutional investors.

ARM Trading Down 5.1%

ARM stock opened at $114.43 on Friday. The stock has a market cap of $120.90 billion, a PE ratio of 152.57, a P/E/G ratio of 7.89 and a beta of 4.11. ARM Holdings PLC Sponsored ADR has a 12 month low of $80.00 and a 12 month high of $183.16. The company has a 50-day moving average price of $116.58 and a 200 day moving average price of $135.01.

ARM (NASDAQ:ARM) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.02. The company had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.23 billion. ARM had a net margin of 17.15% and a return on equity of 14.01%. The firm’s revenue for the quarter was up 26.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.39 EPS. ARM has set its Q4 2026 guidance at 0.540-0.620 EPS. Sell-side analysts forecast that ARM Holdings PLC Sponsored ADR will post 0.9 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Royal Bank Of Canada lowered their price target on shares of ARM from $140.00 to $130.00 and set an “outperform” rating for the company in a report on Thursday, February 5th. Citigroup cut ARM from a “buy” rating to a “hold” rating in a research note on Tuesday, January 13th. Susquehanna upgraded ARM from a “neutral” rating to a “positive” rating and set a $150.00 price objective on the stock in a research report on Wednesday, January 21st. Oddo Bhf set a $170.00 price objective on ARM in a research note on Monday, January 5th. Finally, KeyCorp reiterated an “overweight” rating on shares of ARM in a report on Thursday, February 5th. Sixteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $160.81.

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.