Arbe Robotics Ltd (NASDAQ:ARBE)’s traded shares stood at 1.57 million during the last session, with the company’s beta value hitting 0.37. At the close of trading, the stock’s price was $1.10, to imply an increase of 13.82% or $0.13 in intraday trading. The ARBE share’s 52-week high remains $5.09, putting it -362.73% down since that peak but still an impressive 22.73% since price per share fell to its 52-week low of $0.85. The company has a valuation of $115.68M, with an average of 1.8 million shares in intraday trading volume over the past 10 days and average of 6.21 million shares over the past 3 months.
Arbe Robotics Ltd (NASDAQ:ARBE) trade information
After registering a 13.82% upside in the last session, Arbe Robotics Ltd (ARBE) has traded red over the past five days. The 5-day price performance for the stock is 3.77%, and -6.78% over 30 days. With these gigs, the year-to-date price performance is -40.86%. Short interest in Arbe Robotics Ltd (NASDAQ:ARBE) saw shorts transact 6.94 million shares and set a 1.62 days time to cover.
Arbe Robotics Ltd (ARBE) estimates and forecasts
The rating firms project that company’s revenue will grow 311.29% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 100k. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 200k.Earnings reports from the last fiscal year show that sales brought in 137k and 409k respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -27.01% before dropping -51.10% in the following quarter.
ARBE Dividends
Arbe Robotics Ltd has its next earnings report out on 2025-Mar-04. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Arbe Robotics Ltd (NASDAQ:ARBE)’s Major holders
Arbe Robotics Ltd insiders hold 14.82% of total outstanding shares, with institutional holders owning 38.26% of the shares at 44.92% float percentage. In total, 38.26% institutions holds shares in the company, led by AWM INVESTMENT COMPANY, INC.. As of 2024-06-30, the company held over 7.71 million shares (or 9.8664% of shares), all amounting to roughly $14.73 million.
The next major institution holding the largest number of shares is M&G PLC with 3.72 million shares, or about 4.7577% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $7.44 million.
We also have Saba Capital Income & Opportunities Fund and Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund as the top two Mutual Funds with the largest holdings of the Arbe Robotics Ltd (ARBE) shares. Going by data provided on Jan 31, 2025 , Saba Capital Income & Opportunities Fund holds roughly 67.28 shares. This is just over 0.08% of the total shares, with a market valuation of $74003.0. Data from the same date shows that the other fund manager holds a little less at 53.02, or 0.06% of the shares, all valued at about 58327.0.
