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Horizon Investments LLC Buys 6,287 Shares of ARM Holdings PLC Sponsored ADR $ARM
Horizon Investments LLC increased its stake in ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) by 60.0% in the fourth quarter, purchasing an additional 6,287 shares, bringing its total holdings to $1,833,000. Other hedge funds also adjusted their positions in ARM, while company insiders like CEO Rene A. Haas and CFO Jason Child sold significant amounts of shares. The company reported strong quarterly earnings, beating analyst estimates, and has received a “Moderate Buy” rating from analysts with an average price target of $176.71.