Arrow Electronics (NYSE:ARW) Hits New 52-Week High After Insider Buying Activity

Arrow Electronics, Inc. (NYSE:ARW) reached a new 52-week high on Monday after an insider bought additional shares in the company. The stock traded as high as $161.03 and last traded at $158.81, with a volume of 44459 shares. The stock had previously closed at $157.03.

Specifically, CEO William F. Austen acquired 3,960 shares of the firm’s stock in a transaction on Thursday, February 19th. The shares were purchased at an average cost of $151.87 per share, for a total transaction of $601,405.20. Following the transaction, the chief executive officer owned 44,722 shares of the company’s stock, valued at approximately $6,791,930.14. This represents a 9.71% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on ARW shares. Wall Street Zen raised shares of Arrow Electronics from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Zacks Research upgraded shares of Arrow Electronics from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. Wells Fargo & Company raised their price objective on Arrow Electronics from $94.00 to $115.00 and gave the company an “underweight” rating in a report on Friday, February 6th. Finally, Truist Financial increased their target price on Arrow Electronics from $120.00 to $148.00 and gave the company a “hold” rating in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Arrow Electronics presently has an average rating of “Hold” and a consensus price target of $124.33.

Arrow Electronics Price Performance

The company has a market capitalization of $8.09 billion, a price-to-earnings ratio of 14.47, a price-to-earnings-growth ratio of 0.79 and a beta of 1.04. The business has a 50-day moving average price of $126.36 and a two-hundred day moving average price of $121.12. The company has a quick ratio of 1.09, a current ratio of 1.36 and a debt-to-equity ratio of 0.46.

Arrow Electronics (NYSE:ARW) last posted its 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. Arrow Electronics had a return on equity of 9.01% and a net margin of 1.85%.The company had revenue of $8.75 billion for the quarter, compared to analyst estimates of $8.16 billion. During the same quarter last year, the company earned $2.97 earnings per share. The company’s revenue for the quarter was up 20.1% on a year-over-year basis. Arrow Electronics has set its Q1 2026 guidance at 2.130-2.330 EPS. As a group, research analysts anticipate that Arrow Electronics, Inc. will post 10.57 EPS for the current year.

Hedge Funds Weigh In On Arrow Electronics

Several institutional investors have recently bought and sold shares of the company. Gateway Investment Advisers LLC boosted its holdings in Arrow Electronics by 3.8% in the 4th quarter. Gateway Investment Advisers LLC now owns 2,276 shares of the technology company’s stock worth $251,000 after buying an additional 84 shares during the period. Geneos Wealth Management Inc. boosted its stake in Arrow Electronics by 25.2% in the 2nd quarter. Geneos Wealth Management Inc. now owns 442 shares of the technology company’s stock worth $56,000 after purchasing an additional 89 shares during the period. Studio Investment Management LLC lifted its holdings in shares of Arrow Electronics by 3.2% in the fourth quarter. Studio Investment Management LLC now owns 3,094 shares of the technology company’s stock worth $341,000 after buying an additional 95 shares in the last quarter. Hantz Financial Services Inc. grew its stake in Arrow Electronics by 17.6% during the fourth quarter. Hantz Financial Services Inc. now owns 667 shares of the technology company’s stock valued at $73,000 after acquiring an additional 100 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in Arrow Electronics by 38.3% during the 4th quarter. Farther Finance Advisors LLC now owns 368 shares of the technology company’s stock worth $41,000 after acquiring an additional 102 shares during the period. Hedge funds and other institutional investors own 99.34% of the company’s stock.

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.