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Director Andrew Kerin sells shares of Arrow Electronics Inc (ARW)

On May 17, 2024, director Andrew Kerin sold 1,469 shares of Arrow Electronics Inc (NYSE:ARW), as reported in a recent SEC filing. This transaction is part of a series of sales over the past year, in which the insider sold a total of 1,469 shares and bought none.

Arrow Electronics Inc is active in the technology sector and provides products and solutions worldwide in the field of computer systems, electronic components and related services. The company’s offering includes a range of electronic components such as sensors, power supplies and microcontrollers; business computing solutions for data centers and cloud infrastructure; and various technical and logistics services.

On the date of the sale, shares of Arrow Electronics Inc were priced at $130.71. This pricing positions the company with a market cap of approximately $7.09 billion. Arrow Electronics Inc’s price-to-earnings ratio is 10.47, which is lower than both the industry median of 23.635 and the company’s historical median.

Arrow Electronics Inc’s GF Value is calculated at $121.49, leading to a price-to-GF value ratio of 1.08. This suggests the stock is fairly valued relative to its intrinsic value, which is determined by historical trading multiples, an adjustment factor based on past performance and future business projections.

Insider Sale: Director Andrew Kerin sells shares of Arrow Electronics Inc (ARW)Insider Sale: Director Andrew Kerin sells shares of Arrow Electronics Inc (ARW)

Insider Sale: Director Andrew Kerin sells shares of Arrow Electronics Inc (ARW)

Looking at insider transaction trends, there have been no insider purchases and seven insider sales at Arrow Electronics Inc. in the past year. This transaction pattern provides insight into insider sentiment toward the stock.

Insider Sale: Director Andrew Kerin sells shares of Arrow Electronics Inc (ARW)Insider Sale: Director Andrew Kerin sells shares of Arrow Electronics Inc (ARW)

Insider Sale: Director Andrew Kerin sells shares of Arrow Electronics Inc (ARW)

The recent selling by the insider, Andrew Kerin, is in line with the broader trend of insider activity within the company, indicating a consistent approach to stock transactions among the company’s insiders over the period under review.

This article, generated by GuruFocus, is intended to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, uses an unbiased methodology and is not intended as specific investment guidance. It does not make a recommendation to purchase or dispose of shares and does not take into account individual investment objectives or financial circumstances. Our goal is to deliver fundamental, long-term data-driven analysis. Please note that our analysis may not include the most recent price-sensitive company announcements or qualitative information. GuruFocus has no positions in the stocks mentioned herein.

This article first appeared on GuruFocus.