Shares of ARC Document Solutions Inc. (NYSE:ARC) were down 3.6% on Wednesday . The company traded as low as $3.97 and last traded at $3.99, with a volume of 53,624 shares traded. The stock had previously closed at $4.14.

A number of analysts have recently weighed in on ARC shares. B. Riley reaffirmed a “buy” rating and set a $5.00 price objective on shares of ARC Document Solutions in a research report on Saturday, May 7th. Zacks Investment Research raised ARC Document Solutions from a “sell” rating to a “hold” rating in a research report on Tuesday, April 26th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $8.00.

The company’s 50-day moving average is $4.02 and its 200-day moving average is $3.93. The firm has a market cap of $187.22 million and a PE ratio of 1.98.

ARC Document Solutions (NYSE:ARC) last released its earnings results on Tuesday, May 3rd. The company reported $0.06 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.06. During the same period in the previous year, the firm posted $0.09 earnings per share. The firm earned $103.60 million during the quarter, compared to analysts’ expectations of $100.55 million. The firm’s revenue was down .7% on a year-over-year basis. On average, equities research analysts expect that ARC Document Solutions Inc. will post $0.32 EPS for the current fiscal year.

In related news, VP Dennis Jeffery Grimes purchased 13,198 shares of the firm’s stock in a transaction on Thursday, May 5th. The shares were bought at an average price of $4.15 per share, for a total transaction of $54,771.70. Following the acquisition, the vice president now directly owns 29,197 shares in the company, valued at $121,167.55. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Kumarakulasingam Suriyakumar sold 200,000 shares of ARC Document Solutions stock in a transaction on Monday, June 6th. The shares were sold at an average price of $4.10, for a total transaction of $820,000.00. Following the completion of the transaction, the chief executive officer now owns 495,772 shares in the company, valued at approximately $2,032,665.20. The disclosure for this sale can be found here.

Several institutional investors recently made changes to their positions in the stock. Weber Alan W raised its position in shares of ARC Document Solutions by 7.5% in the fourth quarter. Weber Alan W now owns 359,700 shares of the company’s stock worth $1,590,000 after buying an additional 25,000 shares during the period. Russell Frank Co raised its position in shares of ARC Document Solutions by 32.5% in the fourth quarter. Russell Frank Co now owns 428,012 shares of the company’s stock worth $1,905,000 after buying an additional 104,942 shares during the period. Finally, Boston Partners raised its position in shares of ARC Document Solutions by 26.4% in the fourth quarter. Boston Partners now owns 1,853,490 shares of the company’s stock worth $8,192,000 after buying an additional 387,000 shares during the period.

ARC Document Solutions, Inc (ARC) is a document solutions provider for the architectural, engineering and construction (AEC) industry. The Company also provides document solutions to businesses of various types. ARC’s offerings include managed print services (MPS), offsite services, archive and information management (AIM), specialized color printing, Web-based document management applications, digital shipping/managed file transfer, and equipment and supplies sales.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.