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 $0.9 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 Tuesday, Arrow Electronics Inc [NYSE:ARW] saw its stock fall -1.27% to $115.09. Over the last five days, the stock has gained 3.33%. Arrow Electronics Inc shares have risen nearly 1.74% since the year began. Nevertheless, the stocks have fallen -6.21% over the past one year. While a 52-week high of $137.80 was reached on 01/22/25, a 52-week low of $86.50 was recorded on 04/07/25. SMA at 50 days reached $105.37, while 200 days put it at $118.33.
Levels Of Support And Resistance For ARW Stock
The 24-hour chart illustrates a support level at 114.46, which if violated will result in even more drops to 113.84. On the upside, there is a resistance level at 116.25. A further resistance level may holdings at 117.41. The Relative Strength Index (RSI) on the 14-day chart is 64.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.83, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 15.31%. Stochastics %K at 88.41% indicates the stock is a selling.
