Arm Holdings plc. ADR’s recently made public that its Officer Collins Spencer acquired Company’s shares for reported $7.43 million on Sep 16 ’24. In the deal valued at $143.00 per share,51,960 shares were bought.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Gill Kirsty bought 20,000 shares, generating $2,650,000 in total proceeds.
Before that, Gill Kirsty bought 10,000 shares. Arm Holdings plc. ADR shares valued at $1,270,000 were divested by the Officer at a price of $127.00 per share.
Bernstein downgraded its Arm Holdings plc. ADR [ARM] rating to an Underperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including William Blair’s analysts, who began to cover the stock in mid September with a ‘”an Outperform”‘ rating. The Benchmark Company began covering ARM with “Hold” recommendation on September 16, 2024. Raymond James started covering the stock on September 13, 2024. It rated ARM as “an Outperform”.
Price Performance Review of ARM
On Tuesday, Arm Holdings plc. ADR [NASDAQ:ARM] saw its stock jump 2.27% to $140.65. Over the last five days, the stock has lost -10.51%. Arm Holdings plc. ADR shares have risen nearly 87.17% since the year began. Nevertheless, the stocks have risen 162.95% over the past one year. While a 52-week high of $188.75 was reached on 07/09/24, a 52-week low of $49.82 was recorded on 01/03/24. SMA at 50 days reached $141.23, while 200 days put it at $131.04.
Levels Of Support And Resistance For ARM Stock
The 24-hour chart illustrates a support level at 138.89, which if violated will result in even more drops to 137.12. On the upside, there is a resistance level at 141.86. A further resistance level may holdings at 143.06. The Relative Strength Index (RSI) on the 14-day chart is 45.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.38%. Stochastics %K at 10.20% indicates the stock is a buying.
How much short interest is there in Arm Holdings plc. ADR?
A steep rise in short interest was recorded in Arm Holdings plc. ADR stocks on 2024-10-15, growing by 0.85 million shares to a total of 14.41 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 13.56 million shares. There was a rise of 5.9%, which implies that there is a positive sentiment for the stock.
