2 weeks Ago By ABMN Staff
Envestnet Portfolio Solutions Inc. lifted its position in shares of Arrow Electronics, Inc. ( NYSE:ARW – Free Report ) by 4.
8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,101 shares of the technology company’s stock after acquiring an additional 234 shares during the period. Envestnet Portfolio Solutions Inc.
’s holdings in Arrow Electronics were worth $577,000 as of its most recent filing with the Securities and Exchange Commission. Several other large investors have also made changes to their positions in ARW. Quest Partners LLC bought a new stake in Arrow Electronics during the third quarter worth $204,000.
Charles Schwab Investment Management Inc. lifted its position in shares of Arrow Electronics by 2.2% during the 3rd quarter.
Charles Schwab Investment Management Inc. now owns 483,936 shares of the technology company’s stock worth $64,281,000 after buying an additional 10,340 shares during the last quarter. Cerity Partners LLC grew its position in Arrow Electronics by 140.
4% in the third quarter. Cerity Partners LLC now owns 12,034 shares of the technology company’s stock valued at $1,598,000 after acquiring an additional 7,028 shares during the last quarter. Summit Trail Advisors LLC grew its position in Arrow Electronics by 2.
8% in the third quarter. Summit Trail Advisors LLC now owns 3,925 shares of the technology company’s stock valued at $521,000 after acquiring an additional 108 shares during the last quarter. Finally, Qsemble Capital Management LP acquired a new position in Arrow Electronics during the third quarter worth about $628,000.
Institutional investors and hedge funds own 99.34% of the company’s stock. Insider Buying and Selling at Arrow Electronics In other news, CAO Yun Sung Cho sold 353 shares of the company’s stock in a transaction on Monday, February 24th.
The shares were sold at an average price of $112.11, for a total value of $39,574.83.
Following the sale, the chief accounting officer now directly owns 1,549 shares of the company’s stock, valued at approximately $173,658.39. This represents a 18.
56 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website . Also, Director William F.
Austen bought 1,900 shares of the stock in a transaction that occurred on Wednesday, March 12th. The shares were purchased at an average cost of $104.12 per share, with a total value of $197,828.
00. Following the purchase, the director now directly owns 7,858 shares of the company’s stock, valued at $818,174.96.
The trade was a 31.89 % increase in their ownership of the stock. The disclosure for this purchase can be found here .
Corporate insiders own 1.00% of the company’s stock. Wall Street Analyst Weigh In Get Our Latest Report on ARW Arrow Electronics Stock Performance Arrow Electronics stock opened at $107.
15 on Wednesday. The business has a 50 day moving average of $110.55 and a 200-day moving average of $118.
72. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.
46 and a quick ratio of 1.08. Arrow Electronics, Inc.
has a 1 year low of $101.78 and a 1 year high of $137.80.
The company has a market capitalization of $5.59 billion, a P/E ratio of 14.72, a P/E/G ratio of 0.
52 and a beta of 1.26. Arrow Electronics ( NYSE:ARW – Get Free Report ) last announced its quarterly earnings results on Thursday, February 13th.
The technology company reported $2.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.80 by $0.
17. Arrow Electronics had a net margin of 1.40% and a return on equity of 9.
69%. On average, equities research analysts predict that Arrow Electronics, Inc. will post 10.
57 earnings per share for the current year. Arrow Electronics Company Profile ( Free Report ) Arrow Electronics, Inc provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions.
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