Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Arm Holdings plc. ADR shares valued at $1,764,000 were purchased by Child Jason on Jan 22 ’25. At $175.00 per share, Child Jason acquired 10,080 shares.
Also, Child Jason purchased 20,160 shares, netting a total of over 2,751,840 in proceeds.
Before that, Child Jason had added 20,160 shares to its account. In a trade valued at $2,993,760, the Officer bought Arm Holdings plc. ADR shares for $148.50 each.
As published in their initiating research note from UBS on November 25, 2024, Arm Holdings plc. ADR [ARM] has been a Buy and the price target has been revised to $160. Analysts at Wells Fargo started covering the stock with ‘”an Overweight”‘ outlook in a report released in late November. As of November 07, 2024, TD Cowen has reiterated its “Buy” rating for ARM. Earlier on October 31, 2024, Bernstein downgraded its rating. Their new recommendation was “an Underperform” for ARM stock which previously was a “a Mkt perform”.
Analyzing ARM Stock Performance
During the last five days, there has been a drop of approximately -8.00%. Over the course of the year, Arm Holdings plc. ADR shares have jumped approximately 24.21%. Shares of the company reached a 52-week high of $182.88 on 01/22/25 and a 52-week low of $125.00 on 01/02/25. A 50-day SMA is recorded $140.84, while a 200-day SMA reached $137.58.
Support And Resistance Levels for Arm Holdings plc. ADR (ARM)
According to the 24-hour chart, there is a support level at 150.19, which, if violated, would cause prices to drop to 147.16. In the upper region, resistance lies at 155.57. The next price resistance is at 157.92. RSI (Relative Strength Index) is 53.86 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.49, which suggests the price will decrease in the coming days. Percent R is at 61.45%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
