Arm slides as Broadcom-led semiconductor selloff pressures high-multiple AI names

Arm Holdings plc (ARM) is down 5.4% today. Here is some analysis on what might have caused this price movement.

Analysis: Arm’s decline looks primarily tied to a broad pullback in semiconductor and AI-adjacent stocks after Broadcom’s quarterly update failed to exceed very high market expectations. With many chip names trading at rich multiples after a strong run, the sector reaction appears to have spilled over into Arm even without company-specific news.

Details:

Broadcom shares dropped sharply after its results and outlook were viewed as not strong enough to justify the market’s recent AI-driven optimism, weighing on the broader semiconductor complex.

Arm moved lower alongside other chip and AI infrastructure names as investors rotated out of high-valuation semiconductors during the session.

Arm also had recent insider selling disclosed via SEC Form 4 filings, which can add incremental near-term pressure when sentiment turns risk-off.

This could also reflect profit-taking after recent strength, as traders reassessed AI demand expectations across the sector.

Sources:

Reuters, Arm Investor Relations, Invezz

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$ARM Insider Trading Activity

$ARM insiders have traded $ARM stock on the open market 38 times in the past 6 months. Of those trades, 0 have been purchases and 38 have been sales.

Here’s a breakdown of recent trading of $ARM stock by insiders over the last 6 months:

SPENCER COLLINS (Chief Legal Officer) has made 0 purchases and 9 sales selling 92,902 shares for an estimated $19,804,062.
JASON CHILD (Chief Financial Officer) has made 0 purchases and 3 sales selling 74,480 shares for an estimated $14,218,870.
WILLIAM ABBEY (Chief Commercial Officer) has made 0 purchases and 10 sales selling 43,831 shares for an estimated $12,023,373.
RENE A. HAAS (Chief Executive Officer) has made 0 purchases and 11 sales selling 41,152 shares for an estimated $6,627,111.
RICHARD ROY GRISENTHWAITE (Chief Architect) sold 24,339 shares for an estimated $5,090,501
CHARLOTTE CLAIRE EATON (Chief People Officer) has made 0 purchases and 4 sales selling 14,905 shares for an estimated $4,176,575.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$ARM Hedge Fund Activity

We have seen 414 institutional investors add shares of $ARM stock to their portfolio, and 365 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN added 7,245,019 shares (+339.9%) to their portfolio in Q1 2026, for an estimated $1,096,026,474
CAPITAL RESEARCH GLOBAL INVESTORS added 2,413,619 shares (+133.7%) to their portfolio in Q1 2026, for an estimated $365,132,282
COATUE MANAGEMENT LLC removed 2,300,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $347,944,000
GOLDMAN SACHS GROUP INC removed 2,244,096 shares (-57.9%) from their portfolio in Q1 2026, for an estimated $339,486,842
VAN ECK ASSOCIATES CORP added 2,162,503 shares (+4292.3%) to their portfolio in Q1 2026, for an estimated $327,143,453
SCHRODER INVESTMENT MANAGEMENT GROUP added 1,933,035 shares (+102.2%) to their portfolio in Q1 2026, for an estimated $292,429,534
ALTIMETER CAPITAL MANAGEMENT, LP added 1,715,440 shares (+inf%) to their portfolio in Q1 2026, for an estimated $259,511,763

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$ARM Congressional Stock Trading

Members of Congress have traded $ARM stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $ARM stock by members of Congress over the last 6 months:

REPRESENTATIVE CLEO FIELDS sold up to $100,000 on 12/11.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$ARM Analyst Ratings

Wall Street analysts have issued reports on $ARM in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

TD Cowen issued a "Buy" rating on 05/07/2026
RBC Capital issued a "Outperform" rating on 01/15/2026

To track analyst ratings and price targets for $ARM, check out Quiver Quantitative's $ARM forecast page.

$ARM Price Targets

Multiple analysts have issued price targets for $ARM recently. We have seen 21 analysts offer price targets for $ARM in the last 6 months, with a median target of $255.0.

Here are some recent targets:

Vijay Rakesh from Mizuho set a target price of $425.0 on 06/01/2026
Joe Quatrochi from Wells Fargo set a target price of $410.0 on 06/01/2026
Tom O'Malley from Barclays set a target price of $360.0 on 06/01/2026
David Dai from Bernstein set a target price of $300.0 on 05/18/2026
Sean O'Loughlin from TD Cowen set a target price of $265.0 on 05/07/2026
James Schneider from Goldman Sachs set a target price of $150.0 on 05/07/2026
Srini Pajjuri from RBC Capital set a target price of $260.0 on 05/07/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.