Arrow Electronics Inc. (ARW): Traded shares at $74.81 on Wednesday, August 05

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Arrow Electronics Inc. (NYSE:ARW) changes shares on Wednesday trading session, with a change of 1.53% or $1.13 shares. The trading starts at $74.90 and closed at $73.68 throughout the day. The trading session low price was $73.85 and day high was $75.11 on Wednesday, August 05. After the session, the Technology sector daily volume shifted to 0.56 million while its average volume is 617.86K. In other hand, the ARW market cap reached to $5.73B. While, its current target price is $74.14.

On May 20, 2020, BRIEF-STMicroelectronics Partners With Arrow Electronics And Panasonic Industry. According to the news reported on Reuters, * ARROW ELECTRONICS, PANASONIC INDUSTRY AND STMICROELECTRONICS PARTNER TO PROVIDE IOT MODULES FOR CONNECTED APPLICATIONS Source text for Eikon: Further company coverage: (Gdansk Newsroom)

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 8.89% and up 13.26% for month. Its quarterly performance was 23.57% above, while its half year performance is down -4.46%. ARW yearly performance stood at positive 10.26% and fall -11.72% for year-to-date. Current recommendation for Arrow Electronics Inc. is 2.90.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. ARW EPS (TTM) for 12-month is 4.74. EPS for this year is -131.10%, while for the next year its value is 7.61. Sales growth for the current quarter is 31.59 while its EPS Q/Q reached 125.80%. It has an EPS of -20.00% down for past five years and for the next five years will be up 0.50%.

Let’s take a look on the analyst recommendations on ARW for the current month and previous month. For the current month, 1 of 11 analysts recommend stock as Buy while 0 as Sell, 1 as overweight, 0 as underweight and 9 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings.

Blackrock Inc., Vanguard Group, Inc. (The) and Longview Partners (Guernsey) LTD are the top three holders in Arrow Electronics Inc. (ARW) stock. On Mar 30, 2020, Blackrock Inc. has 8.46 million shares which valued 438.99 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 8.1 million shares which valued at 419.92 million. On Mar 30, 2020, Longview Partners (Guernsey) LTD has a total of 3.66 million shares which valued at 189.72 million. In the end, Longview Partners (Guernsey) LTD have 4.71% shares outstanding of Arrow Electronics Inc. (ARW) on Mar 30, 2020. The insider ownership moved to 0.70% and institutional holding shifted to 97.20%.

The company posted an EPS (TTM) of 4.74. According to the most recent quarter report on (Sep 2020), 8 analysts estimated an average EPS of 1.63, while 1.86 EPS posted a year ago period. Analyst Estimated EPS for ARW published in the report was $1.62 – $1.66 during the same period. Comparing with last year, the average estimated EPS was 1.86 which is higher than 1.59 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for ARW rise 5.76% for period of 200 days. SMA for 50 days was 9.14% which is showing green signal, while SMA-20 was 9.61%. The moving average value for Arrow Electronics Inc. (ARW) is 65.72 and 67.54 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in ARW stock. On May 28, Morris Mary Catherine, Chief Strategy Officer, sold 1,801 trading shares at the cost of $69.47, which valued at 0.13 million. On May 21, Zech Gretchen, SVP, Chief Human Resources Off, sold 8,400 shares at the cost of $67.41, with total shares of 11,528. On May 21, Kerins Sean J, President, Global ECS, sold 13,801 shares at the cost of 67.88. After this transaction, Kerins Sean J total shares reached to 30,290 which valued at 0.94 million.