Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Arrow Electronics Inc shares valued at $25,769 were sold by Cho Yun Sung on Feb 14 ’25. At $108.73 per share, Cho Yun Sung sold 237 shares. The insider’s holdings dropped to 2,086 shares worth approximately $0.23 million following the completion of this transaction.
Also, Cho Yun Sung purchased 237 shares, netting a total of over 25,769 in proceeds.
Before that, Kerin Andrew Charles had sold 1,520 shares from its account. In a trade valued at $200,073, the Director traded Arrow Electronics Inc shares for $131.66 each. Upon closing the transaction, the insider’s holdings decreased to 1,520 shares, worth approximately $0.0.
As published in a research note from BofA Securities on February 07, 2025, Arrow Electronics Inc [ARW] has been rated down from a Neutral to an Underperform. Analysts at Wells Fargo downgraded the stock from ‘”an Equal weight”‘ to ‘”an Underweight”‘ outlook in a report released in mid September. As of February 02, 2022, Raymond James has increased its “Mkt perform” rating to a “an Outperform” for ARW.
Analyzing ARW Stock Performance
During the last five days, there has been a surge of approximately 3.97%. Over the course of the year, Arrow Electronics Inc shares have dropped approximately -1.10%. Shares of the company reached a 52-week high of $123.12 on 01/22/25 and a 52-week low of $105.00 on 02/07/25. A 50-day SMA is recorded $114.85, while a 200-day SMA reached $123.95. Nevertheless, trading volume fell to 0.55 million shares from 0.53 million shares the previous day.
Support And Resistance Levels for Arrow Electronics Inc (ARW)
According to the 24-hour chart, there is a support level at 110.19, which, if violated, would cause prices to drop to 108.49. In the upper region, resistance lies at 112.80. The next price resistance is at 113.71. RSI (Relative Strength Index) is 47.91 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.43, which suggests the price will decrease in the coming days. Percent R is at 51.24%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
