Arrow Electronics (NYSE:ARW) Share Price Breaks Below Two Hundred Day Moving Average – Should You Sell?

Arrow Electronics, Inc. (NYSE:ARW)’s share price crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $194.24 and traded as low as $188.99. Arrow Electronics shares last traded at $192.8760, with a volume of 370,432 shares changing hands.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on ARW shares. Wells Fargo & Company upped their target price on Arrow Electronics from $175.00 to $200.00 and gave the stock an “underweight” rating in a research note on Friday, August 7th. Truist Financial dropped their price target on shares of Arrow Electronics from $250.00 to $230.00 and set a “buy” rating on the stock in a research note on Friday, November 6th. Wall Street Zen raised shares of Arrow Electronics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 7th. Weiss Ratings raised shares of Arrow Electronics from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Finally, Zacks Research cut shares of Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 26th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Arrow Electronics currently has a consensus rating of “Hold” and an average target price of $228.25.

Arrow Electronics Stock Performance

The stock has a market cap of $9.75 billion, a price-to-earnings ratio of 9.78, a P/E/G ratio of 0.24 and a beta of 1.20. The firm’s 50-day moving average is $216.76 and its two-hundred day moving average is $194.24. The company has a current ratio of 1.20, a quick ratio of 0.99 and a debt-to-equity ratio of 0.36.

Arrow Electronics (NYSE:ARW) last posted its quarterly earnings data on Thursday, November 5th. The technology company reported $6.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.06 by $1.16. Arrow Electronics had a return on equity of 15.84% and a net margin of 2.62%. The company had revenue of $10.72 billion for the quarter, compared to analysts’ expectations of $10.07 billion. During the same period in the previous year, the firm posted $2.41 EPS. Arrow Electronics’s revenue was up 39.0% compared to the same quarter last year. Arrow Electronics has set its Q4 2026 guidance at 7.000-7.200 EPS. As a group, sell-side analysts expect that Arrow Electronics, Inc. will post 22.34 earnings per share for the current year.

Insider Buying and Selling at Arrow Electronics

In other news, SVP Carine Jean-Claude sold 1,000 shares of Arrow Electronics stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $209.85, for a total value of $209,850.00. Following the sale, the senior vice president directly owned 11,626 shares of the company’s stock, valued at $2,439,716.10. The trade was a 7.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ARW. Marshall Wace LLP boosted its stake in Arrow Electronics by 170.7% during the 3rd quarter. Marshall Wace LLP now owns 7,108 shares of the technology company’s stock worth $1,614,000 after purchasing an additional 4,482 shares during the last quarter. Caxton Associates LLP grew its holdings in shares of Arrow Electronics by 129.7% during the third quarter. Caxton Associates LLP now owns 4,454 shares of the technology company’s stock worth $1,011,000 after buying an additional 2,515 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Arrow Electronics during the third quarter worth $8,830,000. State Board of Administration of Florida Retirement System raised its position in shares of Arrow Electronics by 0.4% in the third quarter. State Board of Administration of Florida Retirement System now owns 24,810 shares of the technology company’s stock valued at $5,632,000 after buying an additional 98 shares during the last quarter. Finally, Bleakley Financial Group LLC acquired a new stake in shares of Arrow Electronics in the third quarter valued at about $2,808,000. 99.34% of the stock is owned by institutional investors and hedge funds.

About Arrow Electronics

Arrow Electronics, Inc. is a global distributor of electronic components and enterprise computing products and services. The company connects manufacturers with components and technology solutions, supporting customers from product design and development through production and supply chain management. Through its global components business, Arrow supplies semiconductors and other electronic components, along with engineering and supply chain services. Its enterprise computing solutions business distributes technology such as data center, cloud, security and networking products, and provides related services to resellers and other customers.