After this morning's -3.9% drop to $145.97 per share, Arm might just keep moving past its target price of $144.11. With an average analyst rating of buy, and target prices from $66.0 to $200.0, the stock's next move is anyone's guess.
The stock has an above average percentage of its shares sold short at 11.6%, and a short ratio of 2.7. The company's insiders own 87.8% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a very small number of institutional investors are invested in the stock, with 6.4% of Arm's shares being owned by this investor type.
Institutions Invested in Arm
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Goldman Sachs Group Inc | 0% | 4,140,344 | $604,380,486 |
| 2024-09-30 | Dz Bank Ag Deutsche Zentral Genossenschafts Bank, Frankfurt Am Main | 0% | 3,909,157 | $570,633,311 |
| 2024-09-30 | Bank of America Corporation | 0% | 2,946,657 | $430,133,822 |
| 2024-09-30 | Morgan Stanley | 0% | 2,903,880 | $423,889,514 |
| 2024-09-30 | Schroder Investment Management Group | 0% | 2,589,612 | $378,014,715 |
| 2024-09-30 | Blackrock Inc. | 0% | 2,498,410 | $364,701,640 |
| 2024-09-30 | FMR, LLC | 0% | 2,066,163 | $301,605,035 |
| 2024-09-30 | Alphabet Inc. | 0% | 1,960,784 | $286,222,494 |
| 2024-09-30 | Nvidia Corp | 0% | 1,960,784 | $286,222,494 |
| 2024-09-30 | Artisan Partners Limited Partnership | 0% | 1,790,773 | $261,405,394 |
Besides an analyst consensus of little upside potential, other market factors point to there being mixed market sentiment on Arm.
