Today, the SVP, Chief Human Resources Off of Arrow Electronics (NYSE: ARW), Gretchen Zech, sold shares of ARW for $346.5K.
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Based on Arrow Electronics’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $7.39 billion and quarterly net profit of $170 million. In comparison, last year the company earned revenue of $6.47 billion and had a net profit of $99.68 million. ARW’s market cap is $6.71B and the company has a P/E ratio of 13.77. Currently, Arrow Electronics has an average volume of 7,339.
The insider sentiment on Arrow Electronics has been positive according to 92 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Arrow Electronics, Inc. is a provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions . It operates through two segments: Global Components Business and Global Enterprise Computing Solutions. The Global Components segment involves in the marketing and distribution of electronic components and provides a range of value added capabilities throughout the entire life cycle of technology products and services through design engineering. global marketing, and integration, global logistics and supply chain management. The Global Enterprise Computing Solutions segment provides computing solutions, and services which include datacenter, cloud, security, and analytics solutions. The company was founded by Robert W. Wentworth and John C. Waddell in 1935 and is headquartered in Centennial, CO.
