In today’s recent session, 0.83 million shares of the Arbe Robotics Ltd (NASDAQ:ARBE) have been traded, and its beta is 0.36. Most recently the company’s share price was $1.69, and it changed around $0.14 or 9.06% from the last close, which brings the market valuation of the company to $177.78M. ARBE at last check was trading at a discount to its 52-week high of $5.09, offering almost -201.18% off that amount. The share price’s 52-week low was $0.85, which indicates that the recent value has risen by an impressive 49.7% since then. We note from Arbe Robotics Ltd’s average daily trading volume that its 10-day average is 2.32 million shares, with the 3-month average coming to 2.33 million.
Arbe Robotics Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 1.67. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended ARBE as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.
Arbe Robotics Ltd (NASDAQ:ARBE) trade information
Instantly ARBE has been showing a green trend so far today with a performance of 9.06% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.6550 on recent trading daydecreased the stock’s daily price by -2.11%. The company’s shares are currently down -9.11% year-to-date, but still up 3.71% over the last five days. On the other hand, Arbe Robotics Ltd (NASDAQ:ARBE) is 24.30% up in the 30-day period. We can see from the shorts that 6.76 million shares have been sold at a short interest cover period of 4.79 day(s).
Arbe Robotics Ltd earnings are expected to increase by 38.80% in 2025, but the outlook is positive 25.72% per year for the next five years.
ARBE Dividends
Arbe Robotics Ltd’s next quarterly earnings report is expected to be released on 2025-May-19.
Arbe Robotics Ltd (NASDAQ:ARBE)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 12.87% of Arbe Robotics Ltd shares, and 38.08% of them are in the hands of institutional investors. The stock currently has a share float of 43.70%. Arbe Robotics Ltd stock is held by 61.0 institutions, with AWM INVESTMENT COMPANY, INC. being the largest institutional investor. By 2024-06-30, it held 9.8664% of the shares, which is about 7.71 million shares worth $14.73 million.
M&G PLC, with 4.7577% or 3.72 million shares worth $7.44 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Saba Capital Income & Opportunities Fund and Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund were the top two Mutual Funds as of Jan 31, 2025 . The former held 67.28 shares worth $0.11 million, making up 0.06% of all outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund held roughly 53.02 shares worth around $89023.0, which represents about 0.05% of the total shares outstanding.
