Arrow Electronics (NYSE:ARW) Insider Eric Nowak Sells 3,473 Shares

Arrow Electronics, Inc. (NYSE:ARW) insider Eric Nowak sold 3,473 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $210.99, for a total transaction of $732,768.27. Following the transaction, the insider owned 48,835 shares of the company’s stock, valued at approximately $10,303,696.65. This represents a 6.64% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Arrow Electronics Price Performance

Shares of NYSE:ARW opened at $212.66 on Friday. The firm has a fifty day moving average price of $169.59 and a 200 day moving average price of $139.91. Arrow Electronics, Inc. has a fifty-two week low of $101.79 and a fifty-two week high of $215.68. The firm has a market cap of $10.87 billion, a price-to-earnings ratio of 15.21 and a beta of 1.16. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.02 and a current ratio of 1.24.

Arrow Electronics (NYSE:ARW) last announced its quarterly earnings results on Thursday, May 7th. The technology company reported $5.22 EPS for the quarter, beating analysts’ consensus estimates of $2.92 by $2.30. Arrow Electronics had a return on equity of 11.40% and a net margin of 2.17%.The company had revenue of $9.47 billion during the quarter, compared to analyst estimates of $8.39 billion. During the same period in the prior year, the company earned $1.80 earnings per share. The firm’s revenue was up 39.0% on a year-over-year basis. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. As a group, sell-side analysts expect that Arrow Electronics, Inc. will post 17.97 earnings per share for the current fiscal year.

Arrow Electronics declared that its board has approved a stock buyback plan on Wednesday, May 13th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the technology company to reacquire up to 9.7% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s leadership believes its shares are undervalued.

Institutional Investors Weigh In On Arrow Electronics

Institutional investors and hedge funds have recently modified their holdings of the business. Bayban bought a new stake in shares of Arrow Electronics during the 1st quarter worth approximately $26,000. Root Financial Partners LLC bought a new stake in Arrow Electronics during the 3rd quarter valued at about $26,000. Winnow Wealth LLC bought a new stake in Arrow Electronics during the 3rd quarter valued at about $26,000. Transamerica Financial Advisors LLC bought a new stake in Arrow Electronics during the 4th quarter valued at about $27,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Arrow Electronics by 112.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the technology company’s stock valued at $27,000 after buying an additional 131 shares in the last quarter. 99.34% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on ARW shares. Truist Financial increased their price objective on shares of Arrow Electronics from $183.00 to $240.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Wells Fargo & Company raised their price objective on Arrow Electronics from $140.00 to $165.00 and gave the company an “underweight” rating in a research note on Friday, May 8th. Zacks Research raised Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 9th. Weiss Ratings raised Arrow Electronics from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 26th. Finally, Bank of America raised Arrow Electronics from an “underperform” rating to a “neutral” rating and raised their price objective for the company from $122.00 to $233.00 in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $214.50.

Arrow Electronics Company Profile

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.