Arrow Electronics Inc’s filing revealed that its Director Austen William F. acquired Company’s shares for reported $0.2 million on Mar 12 ’25. In the deal valued at $104.12 per share,1,900 shares were bought. As a result of this transaction, Austen William F. now holds 7,858 shares worth roughly $0.82 million.
Then, Cho Yun Sung sold 353 shares, generating $39,575 in total proceeds. Upon selling the shares at $112.11, the VP, Corp. Cont., & CAO now owns 1,549 shares.
Before that, Cho Yun Sung bought 353 shares. Arrow Electronics Inc shares valued at $39,575 were divested by the Officer at a price of $112.11 per share.
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 Friday, Arrow Electronics Inc [NYSE:ARW] saw its stock fall -1.45% to $104.40. Over the last five days, the stock has lost -0.31%. Arrow Electronics Inc shares have fallen nearly -7.71% since the year began. Nevertheless, the stocks have fallen -11.65% over the past one year. While a 52-week high of $137.80 was reached on 01/22/25, a 52-week low of $101.78 was recorded on 03/13/25. SMA at 50 days reached $110.66, while 200 days put it at $121.51.
Levels Of Support And Resistance For ARW Stock
The 24-hour chart illustrates a support level at 103.43, which if violated will result in even more drops to 102.46. On the upside, there is a resistance level at 105.42. A further resistance level may holdings at 106.44. The Relative Strength Index (RSI) on the 14-day chart is 42.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.77, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.71%. Stochastics %K at 55.51% indicates the stock is a holding.
How much short interest is there in Arrow Electronics Inc?
A steep rise in short interest was recorded in Arrow Electronics Inc stocks on 2025-02-28, growing by 0.27 million shares to a total of 3.49 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.22 million shares. There was a rise of 7.73%, which implies that there is a positive sentiment for the stock.
