S& P 500 hits all time highs U.S.-Japan trade deal optimism
Eric Nowak, President of Global ECS at Arrow Electronics , Inc. (NYSE:ARW), a prominent player in the Electronic Equipment industry with a market capitalization of $6.4 billion, executed a significant sale of company stock on May 12, 2025. According to InvestingPro data, the company maintains a GOOD financial health score. According to a recent SEC filing, Nowak sold 4,952 shares of Arrow Electronics’ common stock at a weighted average price of $122.39 per share. The shares were sold in multiple transactions, with prices ranging from $121.78 to $123.20. This transaction resulted in a total value of $606,075. Following this sale, Nowak retains ownership of 43,895 shares of Arrow Electronics. InvestingPro analysis indicates the stock is currently undervalued, with management actively buying back shares. For deeper insights into insider trading patterns and 10+ additional ProTips, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Arrow Electronics reported its first-quarter 2025 earnings, surpassing Wall Street expectations with an earnings per share (EPS) of $1.80 compared to the projected $1.44. The company’s revenue also exceeded forecasts, reaching $6.81 billion against the expected $6.36 billion. The Enterprise Computing Solutions segment demonstrated significant growth, increasing 18% year-over-year. Arrow Electronics maintained positive cash flow for the seventh consecutive quarter, highlighting its financial resilience. The company anticipates a cyclical turning point, with improved book-to-bill ratios and growing backlogs. Looking forward, Arrow Electronics provided guidance for Q2 2025, expecting sales between $6.7 billion and $7.3 billion and non-GAAP EPS to range from $1.90 to $2.10. The firm is optimistic about its prospects in the Asia region and among OEM customers. Additionally, CEO Sean Carrance noted the company’s confidence in its outlook, emphasizing improving visibility.
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