Arrow Electronics (NYSE:ARW) SVP Carine Lamercie Jean-Claude Sells 3,000 Shares

Arrow Electronics, Inc. (NYSE:ARW) SVP Carine Lamercie Jean-Claude sold 3,000 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $216.00, for a total value of $648,000.00. Following the completion of the transaction, the senior vice president owned 12,626 shares in the company, valued at $2,727,216. This represents a 19.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Arrow Electronics Trading Up 2.2%

Shares of ARW stock opened at $217.55 on Friday. Arrow Electronics, Inc. has a 12 month low of $101.79 and a 12 month high of $219.01. The company has a quick ratio of 1.02, a current ratio of 1.24 and a debt-to-equity ratio of 0.35. The business’s 50 day moving average is $171.09 and its two-hundred day moving average is $140.46. The company has a market cap of $11.12 billion, a PE ratio of 15.56 and a beta of 1.16.

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 the consensus estimate 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 for the quarter, compared to the consensus estimate of $8.39 billion. During the same quarter last year, the company posted $1.80 earnings per share. The company’s revenue for the quarter was up 39.0% compared to the same quarter last year. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. Equities analysts predict that Arrow Electronics, Inc. will post 17.97 EPS for the current year.

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

Institutional Investors Weigh In On Arrow Electronics

Several hedge funds have recently modified their holdings of the business. Root Financial Partners LLC acquired a new stake in Arrow Electronics during the third quarter worth $26,000. Winnow Wealth LLC acquired a new position in shares of Arrow Electronics in the 3rd quarter valued at $26,000. Bayban acquired a new position in shares of Arrow Electronics in the 1st quarter valued at $26,000. Northwestern Mutual Wealth Management Co. raised 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 buying an additional 131 shares in the last quarter. Finally, Transamerica Financial Advisors LLC acquired a new position in shares of Arrow Electronics in the 4th quarter valued at $27,000. 99.34% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Weiss Ratings upgraded Arrow Electronics from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 26th. Zacks Research upgraded Arrow Electronics from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. Bank of America upgraded Arrow Electronics from an “underperform” rating to a “neutral” rating and increased their price target for the company from $122.00 to $233.00 in a report on Wednesday, May 13th. Truist Financial increased their price target on Arrow Electronics from $183.00 to $240.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Finally, Wells Fargo & Company increased their price objective on Arrow Electronics from $140.00 to $165.00 and gave the company an “underweight” rating in a research report on Friday, May 8th. One investment 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 given a Sell rating to the stock. According to MarketBeat.com, Arrow Electronics currently has a consensus rating of “Moderate Buy” and an average target price 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.