Coatue Management LLC Sells 2,373,628 Shares of ARM Holdings PLC Sponsored ADR $ARM

Coatue Management LLC decreased its holdings in shares of ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 51.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,259,826 shares of the company’s stock after selling 2,373,628 shares during the quarter. Coatue Management LLC owned approximately 0.21% of ARM worth $319,743,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. GAMMA Investing LLC increased its holdings in shares of ARM by 126.0% in the third quarter. GAMMA Investing LLC now owns 174 shares of the company’s stock valued at $25,000 after purchasing an additional 97 shares during the last quarter. Grey Fox Wealth Advisors LLC bought a new position in shares of ARM in the third quarter valued at about $28,000. FWL Investment Management LLC acquired a new stake in shares of ARM during the 2nd quarter worth about $34,000. Financial Consulate Inc. bought a new stake in shares of ARM during the 3rd quarter worth about $45,000. Finally, WFA of San Diego LLC bought a new stake in shares of ARM during the 2nd quarter worth about $49,000. 7.53% of the stock is owned by institutional investors.

ARM Stock Up 0.5%

Shares of ARM stock opened at $115.75 on Friday. The stock has a market capitalization of $122.29 billion, a price-to-earnings ratio of 154.33, a price-to-earnings-growth ratio of 7.99 and a beta of 4.11. ARM Holdings PLC Sponsored ADR has a twelve month low of $80.00 and a twelve month high of $183.16. The company has a 50-day simple moving average of $117.27 and a two-hundred day simple moving average of $134.37.

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

Analyst Upgrades and Downgrades

Several research firms have weighed in on ARM. Royal Bank Of Canada lowered their price target on shares of ARM from $140.00 to $130.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. Jefferies Financial Group set a $170.00 price objective on ARM in a report on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of ARM in a research report on Wednesday, January 21st. New Street Research upgraded ARM from a “neutral” rating to a “buy” rating in a research note on Thursday, February 5th. Finally, Bank of America reissued a “neutral” rating and set a $120.00 price target on shares of ARM in a report on Tuesday, January 13th. Sixteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $160.81.

About ARM

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.