Arrow Electronics Inc’s recently made public that its VP, Corp. Cont., & CAO Cho Yun Sung unloaded Company’s shares for reported $39575.0 on Feb 24 ’25. In the deal valued at $112.11 per share,353 shares were sold. As a result of this transaction, Cho Yun Sung now holds 1,549 shares worth roughly $0.17 million.
Then, Cho Yun Sung bought 353 shares, generating $39,575 in total proceeds.
Before that, Cho Yun Sung sold 237 shares. Arrow Electronics Inc shares valued at $25,769 were divested by the VP, Corp. Cont., & CAO at a price of $108.73 per share. As a result of the transaction, Cho Yun Sung now holds 2,086 shares, worth roughly $0.23 million.
BofA Securities downgraded its Arrow Electronics Inc [ARW] rating to an Underperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in mid September from “an Equal weight” to “an Underweight”. Raymond James also remained covering ARW and has increased its forecast on February 02, 2022 with a “an Outperform” recommendation from previously “Mkt perform” rating.
Price Performance Review of ARW
On Tuesday, Arrow Electronics Inc [NYSE:ARW] saw its stock fall -1.43% to $110.15. Over the last five days, the stock has lost -0.66%. Arrow Electronics Inc shares have fallen nearly -2.63% since the year began. Nevertheless, the stocks have fallen -5.11% over the past one year. While a 52-week high of $137.80 was reached on 01/22/25, a 52-week low of $105.00 was recorded on 02/07/25. SMA at 50 days reached $114.11, while 200 days put it at $123.67.
Levels Of Support And Resistance For ARW Stock
The 24-hour chart illustrates a support level at 108.80, which if violated will result in even more drops to 107.46. On the upside, there is a resistance level at 112.60. A further resistance level may holdings at 115.06. The Relative Strength Index (RSI) on the 14-day chart is 43.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.13, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 53.01%. Stochastics %K at 55.50% indicates the stock is a holding.
