Insider Selling: Arrow Electronics (NYSE:ARW) Insider Sells 3,473 Shares of Stock

Arrow Electronics, Inc. (NYSE:ARW) insider Eric Nowak sold 3,473 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $210.99, for a total value of $732,768.27. Following the transaction, the insider owned 48,835 shares of the company’s stock, valued at $10,303,696.65. This trade represents a 6.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Arrow Electronics Price Performance

Shares of Arrow Electronics stock traded down $1.57 during midday trading on Thursday, hitting $212.88. 276,600 shares of the company were exchanged, compared to its average volume of 650,816. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.24 and a quick ratio of 1.02. The firm has a market cap of $10.88 billion, a P/E ratio of 15.24 and a beta of 1.16. Arrow Electronics, Inc. has a 52 week low of $101.79 and a 52 week high of $215.68. The firm has a 50 day simple moving average of $168.13 and a 200-day simple moving average of $139.20.

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

Arrow Electronics announced that its board has approved a share buyback program on Wednesday, May 13th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the technology company to repurchase up to 9.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

ARW has been the topic of a number of research analyst reports. Weiss Ratings upgraded Arrow Electronics from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 26th. Wall Street Zen upgraded Arrow Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Zacks Research upgraded Arrow Electronics from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 9th. Wells Fargo & Company increased their price target on Arrow Electronics from $140.00 to $165.00 and gave the stock an “underweight” rating in a research report on Friday, May 8th. Finally, Bank of America upgraded Arrow Electronics from an “underperform” rating to a “neutral” rating and increased their price objective for the company from $122.00 to $233.00 in a research report on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $214.50.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Bayban bought a new position in Arrow Electronics in the 1st quarter valued at $26,000. Root Financial Partners LLC acquired a new position in shares of Arrow Electronics in the 3rd quarter valued at $26,000. Winnow Wealth LLC acquired a new position in shares of Arrow Electronics in the 3rd quarter valued at $26,000. Transamerica Financial Advisors LLC acquired a new position in shares of Arrow Electronics in the 4th quarter valued at $27,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of Arrow Electronics by 112.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the technology company’s stock valued at $27,000 after purchasing an additional 131 shares during the period. 99.34% of the stock is currently owned by institutional investors.

About Arrow Electronics

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.