Eric Nowak, President of Global ECS at Arrow Electronics (NYSE:ARW), sold shares of common stock on May 20, 2026, according to a recent filing.
Mr. Nowak disposed of 3,473 shares at $210.985 per share, totaling $732,750. The sale occurred near the stock's 52-week high of $215.68, following an 81% gain over the past year. Bond.az analysis indicates Arrow Electronics appears undervalued based on its Fair Value assessment.
The stock currently trades at $212.90 with a P/E ratio of 15.18. Following the sale, Mr. Nowak directly holds 48,835 shares.
In other news, Arrow Electronics reported outstanding Q1 2026 results with EPS of $5.22, surpassing the $2.82 forecast, and revenue of $9.48 billion against $8.3 billion expected. The company also announced a new $1 billion share repurchase program and received an upgrade from BofA Securities to Neutral.
