Arrow Electronics, Inc. (NYSE:ARW) has coverage initiated with a Outperform rating and $90.00 price target

Analyst Ratings For Arrow Electronics, Inc. (NYSE:ARW)

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Today, Wells Fargo & Co initiated coverage on Arrow Electronics, Inc. (NYSE:ARW) with a Outperform with a price target of $90.00.

There are 0 sell ratings, 1 hold ratings, 3 buy ratings, 1 strong buy ratings on the stock.

The current consensus rating on Arrow Electronics, Inc. (NYSE:ARW) is Buy with a consensus target price of $88.60 per share, a potential 13.36% upside.

Some recent analyst ratings include

  • 7/17/2018-Wells Fargo & Co initiated coverage with a Outperform rating.
  • 2/12/2018-Raymond James Upgrade from a “Market Perform ” rating to a ” Strong-Buy” rating.
  • 1/3/2017-SunTrust Banks was Downgraded by analysts at SunTrust Banks from a “Buy ” rating to a ” Hold” rating. They now have a $74.00 price target on the stock, up previously from $72.00 .

Recent Insider Trading Activity For Arrow Electronics, Inc. (NYSE:ARW)
Arrow Electronics, Inc. (NYSE:ARW) has insider ownership of 1.30% and institutional ownership of 92.75%.

  • On 5/29/2018 Matthew R Anderson, SVP, sold 1,785 with an average share price of $74.16 per share and the total transaction amounting to $132,375.60.
  • On 2/28/2018 Vincent P Melvin, Insider, sold 3,125 with an average share price of $82.64 per share and the total transaction amounting to $258,250.00.
  • On 2/27/2018 Michael J Long, Chairman, sold 50,988 with an average share price of $82.93 per share and the total transaction amounting to $4,228,434.84.
  • On 2/26/2018 Mary Catherine Morris, Insider, sold 3,545 with an average share price of $82.43 per share and the total transaction amounting to $292,214.35.
  • On 2/23/2018 Mary Catherine Morris, Insider, sold 1,455 with an average share price of $82.13 per share and the total transaction amounting to $119,499.15.
  • On 11/21/2017 Sean J Kerins, Insider, sold 3,816 with an average share price of $78.87 per share and the total transaction amounting to $300,967.92.
  • On 11/16/2017 Matthew R Anderson, SVP, sold 1,416 with an average share price of $79.00 per share and the total transaction amounting to $111,864.00.

About Arrow Electronics, Inc. (NYSE:ARW)
Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions worldwide. The company operates in two segments, Global Components and Global Enterprise Computing Solutions. The Global Components segment markets and distributes semiconductor products and related services; passive, electro-mechanical, and interconnect products consisting primarily of capacitors, resistors, potentiometers, power supplies, relays, switches, and connectors; and computing and memory products, as well as other products and services. The Global Enterprise Computing Solutions segment offers computing solutions, including data-center, cloud, security, and analytics solutions. This segment provides access to various services, including engineering and integration support, warehousing and logistics, marketing resources, and authorized hardware and software training. The company serves original equipment manufacturers, value-added resellers, managed service providers, contract manufacturers, and other commercial customers. Arrow Electronics, Inc. was founded in 1935 and is based in Centennial, Colorado.

Recent Trading Activity for Arrow Electronics, Inc. (NYSE:ARW)
Shares of Arrow Electronics, Inc. closed the previous trading session at 78.14 up +1.09 1.41% with shares trading hands.

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