In a filing, Arbe Robotics Ltd revealed its 10% Owner Canaan Partners Israel (CPI) C acquired Company’s shares for reported $0.18 million on Jan 07 ’25. In the deal valued at $5.00 per share,36,186 shares were bought.
Then, Machness Ram bought 79,209 shares, generating $208,320 in total proceeds.
Before that, Naeh Shay bought 63,649 shares. Arbe Robotics Ltd shares valued at $167,397 were divested by the Officer at a price of $2.63 per share.
Maxim Group downgraded its Arbe Robotics Ltd [ARBE] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Maxim Group’s analysts, who remained covering the stock and in late November has reiterated a ‘”a Buy”‘ rating for it. Maxim Group began covering ARBE with “Buy” recommendation on February 04, 2022. Cowen maintained its rating on December 08, 2021. It rated ARBE as “an Outperform”.
Price Performance Review of ARBE
On Tuesday, Arbe Robotics Ltd [NASDAQ:ARBE] saw its stock jump 5.51% to $1.34. Over the last five days, the stock has gained 13.56%. Arbe Robotics Ltd shares have fallen nearly -27.96% since the year began. Nevertheless, the stocks have fallen -22.99% over the past one year. While a 52-week high of $5.09 was reached on 01/07/25, a 52-week low of $1.12 was recorded on 03/13/25. SMA at 50 days reached $2.3863, while 200 days put it at $2.0430.
Levels Of Support And Resistance For ARBE Stock
The 24-hour chart illustrates a support level at 1.2583, which if violated will result in even more drops to 1.1767. On the upside, there is a resistance level at 1.4533. A further resistance level may holdings at 1.5667. The Relative Strength Index (RSI) on the 14-day chart is 34.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1190, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.22%. Stochastics %K at 15.51% indicates the stock is a buying.
How much short interest is there in Arbe Robotics Ltd?
A steep rise in short interest was recorded in Arbe Robotics Ltd stocks on 2025-02-28, growing by 2.86 million shares to a total of 5.88 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.01 million shares. There was a rise of 48.74%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 02, 2021 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating along with a $19 price target.
