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

Arrow Electronics, Inc. (NYSE:ARW – Get Free Report) shares 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 traded.

Wall Street Analyst Weigh In

Several brokerages have commented on ARW. Wells Fargo & Company lifted their price objective on shares of Arrow Electronics from $175.00 to $200.00 and gave the company an “underweight” rating in a research note on Friday, August 7th. Raymond James Financial reiterated an “outperform” rating and issued a $250.00 price objective on shares of Arrow Electronics in a research note on Friday, August 7th. Truist Financial reduced their target price on shares of Arrow Electronics from $250.00 to $230.00 and set a “buy” rating for the company in a report on Friday, November 6th. Weiss Ratings upgraded shares of Arrow Electronics from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Finally, Zacks Research downgraded shares of Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 26th. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $228.25.

Get Our Latest Stock Report on Arrow Electronics

Arrow Electronics Stock Performance

The firm has a 50-day moving average of $216.76 and a two-hundred day moving average of $194.24. The company has a quick ratio of 0.99, a current ratio of 1.20 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $9.75 billion, a PE ratio of 9.78, a PEG ratio of 0.24 and a beta of 1.20.

Arrow Electronics (NYSE:ARW – Get Free Report) last announced its quarterly earnings results on Thursday, November 5th. The technology company reported $6.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $10.07 billion. During the same period in the previous year, the company posted $2.41 earnings per share. Arrow Electronics’s revenue for the quarter was up 39.0% on a year-over-year basis. Arrow Electronics has set its Q4 2026 guidance at 7.000-7.200 EPS. Research analysts anticipate that Arrow Electronics, Inc. will post 22.34 EPS for the current year.

Insider Activity

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ARW. Keating Financial Advisory Services Inc. purchased a new stake in shares of Arrow Electronics during the 2nd quarter worth about $28,000. Fiduciary Financial Advisors purchased a new position in shares of Arrow Electronics in the 2nd quarter valued at about $33,000. Jones Financial Companies Lllp purchased a new position in shares of Arrow Electronics in the 2nd quarter valued at about $37,000. BOK Financial Private Wealth Inc. purchased a new position in shares of Arrow Electronics in the 2nd quarter valued at about $47,000. Finally, Evergreen Advisors LLC acquired a new position in Arrow Electronics in the 1st quarter worth about $36,000. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Arrow Electronics Company Profile

(Get Free Report)

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.

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