Migdal Insurance & Financial Holdings Ltd. lowered its holdings in shares of Arbe Robotics Ltd. (NASDAQ:ARBE - Free Report) by 14.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,200,000 shares of the company's stock after selling 200,000 shares during the period. Migdal Insurance & Financial Holdings Ltd. owned about 1.33% of Arbe Robotics worth $1,236,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of ARBE. SBI Securities Co. Ltd. lifted its position in Arbe Robotics by 732.7% during the 1st quarter. SBI Securities Co. Ltd. now owns 50,611 shares of the company's stock worth $52,000 after buying an additional 44,533 shares in the last quarter. Wolverine Trading LLC bought a new stake in Arbe Robotics during the fourth quarter valued at $38,000. Saba Capital Management L.P. lifted its holdings in shares of Arbe Robotics by 40.8% in the fourth quarter. Saba Capital Management L.P. now owns 1,676,725 shares of the company's stock valued at $3,119,000 after purchasing an additional 485,613 shares in the last quarter. Alyeska Investment Group L.P. purchased a new stake in Arbe Robotics in the fourth quarter worth $7,627,000. Finally, Jane Street Group LLC purchased a new stake in shares of Arbe Robotics in the fourth quarter worth about $48,000. Institutional investors and hedge funds own 33.42% of the company's stock.
Arbe Robotics Stock Performance
Shares of NASDAQ:ARBE traded down $0.03 during trading on Tuesday, reaching $1.48. The stock had a trading volume of 1,075,992 shares, compared to its average volume of 3,106,217. The business has a fifty day moving average price of $1.62 and a 200-day moving average price of $1.80. The stock has a market cap of $155.81 million, a PE ratio of -2.24 and a beta of 0.44. Arbe Robotics Ltd. has a 1-year low of $0.85 and a 1-year high of $5.09.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group initiated coverage on Arbe Robotics in a research note on Tuesday, April 1st. They set a "buy" rating and a $1.75 price objective for the company.
Read Our Latest Stock Report on ARBE
About Arbe Robotics
(
Free Report)
Arbe Robotics Ltd., a semiconductor company, provides 4D imaging radar solutions for tier 1 automotive suppliers and automotive manufacturers in China, Hong Kong, Sweden, Germany, the United States, Israel, and internationally. It offers 4D imaging radar chipset solutions that address the core issues that have caused autonomous vehicle and autopilot accidents, such as detecting stationary objects, identifying vulnerable road users, operation at poor lighting conditions, and eliminating false alarms without radar ambiguities.
See Also
Before you consider Arbe Robotics, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Arbe Robotics wasn't on the list.
While Arbe Robotics currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access